More Fraud, More Chaos, Nearer to the Edge?
And so the fun has started, the ongoing meltdown in Greece is reaching its inevitable end, this in spite of the superhuman amounts of other peoples money Europe has thrown at the problem and some brokerage or hedge fund called MF Global has been stealing money from its customers in an attempt to hide its insolvency and has now been declared bankrupt!
It feels like perhaps this is the beginning of the next crisis, but having been at the precipice so many times over the past few years and having thought ‘this is it’, so often, I’m wary of making any declarations one way or the other. The one thing I do know is that the times are dark and uncertain and it it is wise to remain as footloose and free as is possible! If we are to see another crisis the likes of which we saw in 2008, it is quite possible that it could take down the whole rotten edifice within days, maybe even hours. That is scary!
I’ve made plans to leave London in February. I’m not certain where I’m going, possibly back to Ireland, I could have an opportunity to go to Germany or Russia, possibly even Australia, but that has not been finalised yet, but I do need to get out of London, after the summer riots anyone who does stay will be in for a rerun of those few days, only worse!
And yes I know Australia, Germany, Russia and Ireland all have their own problems, but they are not yet as irreversible or as deeply engrained as they are here!
If the crisis doesn’t happen now, it will happen at some point soon! Now is the time to plan ones escape, now is the time to ready oneself.