Britain Draws Up Emergency Plans for Collapse of Euro After Warnings Italy Needs £500bn Bailout !

The Eurozone is on fire!

• The Illuminists want to use this Eurozone crisis to amass even more power. Their aims are 2 fold: firstly: fiscal and political union of Europe into a United States of Europe, secondly: removing all restraints from the ECB such that it becomes like the FedRes of this new Europe 2.0! There are much talk in the MSM, all suggesting fiscal union, Euro bonds, oversight of national fiscal budgets by EU parliament, loss of national sovereignties … restructuring of the ECB to allow it to monetize bonds freely …etc. All these are just the Illuminist social engineers at work, herding the sheeple into the direction they have set.
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• Be prepared for the Eurozone collapse. It is not a matter of if but when! This collapse will cascade across Europe, bring down governments, spread to UK, Japan …. and finally USA. The rest of the world will also tank as the economic, financial and monetary tsunami hits!
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  Britain draws up emergency plans for collapse of Euro after warnings Italy needs £500bn bailout ! 
  By James Chapman, http://www.dailymail.co.uk/ 
  Rescue package to give Mario Monti 12 to 18 months’ breathing room to implement spending cuts
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  Britain is drawing up emergency plans for the collapse of the ‘creaking’ Eurozone amid warnings debt-stricken Italy will need a £500 billion bailout involving billions of pounds of UK taxpayers’ money. Chancellor George Osborne said the Treasury had ‘stepped up’ contingency planning and aimed to be ready for ‘whatever the Eurozone throws at us’.
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  It emerged yesterday that the International Monetary Fund, in which Britain is a major shareholder, could be forced to offer Italy a €600 billion (£514bn) rescue package to give its unelected new prime minister Mario Monti 12 to 18 months’ breathing room to implement big tax rises and spending cuts.
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  And in another move, German Chancellor Angela Merkel and French President Nicolas Sarkozy were revealed to be plotting a new pact on economic union without consulting Britain or other countries outside of the EU.
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  They are determined not to give Britain the chance of insisting on powers being handed back from Brussels by negotiating a major new EU treaty.
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  … for more click here!

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