This is what we have seen so far. One million people hit the streets in Paris protesting the economic bailout of the people that they say caused the problems while the workers suffer. It is the banks they are focused on. There has been rioting in Greece, The Baltic Republics and Iceland. Britain has been suffering from wildcat strikes. People in Russian Federation and the Ukraine cannot take foreign currency out of the bank and their own currencies are dropping fast. After weeks of street protests in Iceland the Prime Minister there resigned. The value of their Krona currency dropped significantly, interest rates hit 18% and the country’s banking system collapsed.
The IMF has already bailed out Iceland, Hungary and Latvia with emergency loans. Bulgaria had big demonstrations in front of their Parliament protesting corruption and they turned violent. Europeans now waking up are using words like -Bankster-. More EU social unrest, demonstrations and violence are expected. If the EU governments do not fix things it can get ugly. Expect more resignations and more for the people governments coming into power.
Things are nice here in Central America – no crisis. Looking for a nice place to move to give us a call.