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Jim Cramer Is Predicting Bank Runs In Spain And Italy

During an appearance on Meet The Press on Sunday, Jim Cramer of CNBC boldly predicted that “financial anarchy” is coming to Europe and that there will be “bank runs” in Spain and Italy in the next few weeks. This is very strong language for the most famous personality on the most watched financial news channel in the United States to be using. In fact, if Cramer is not careful, people will start accusing him of sounding just like The Economic Collapse Blog. It may not happen in “the next few weeks”, but the truth is that the European banking system is in a massive amount of trouble and if Greece does leave the euro it is going to cause a tremendous loss of confidence in banks in countries such as Spain, Italy and Portugal. There are already rumors that the “smart money” is pulling out of Spanish and Italian banks. So could we see some of these banks collapse? Would they get bailed out if they do collapse? It is so hard to predict exactly how “financial anarchy” will play out, but it is becoming increasingly clear that the European financial system is heading for a massive amount of pain.

Posted below is a clip of Jim Cramer making his bold predictions during his appearance on Meet The Press.

Continue:
http://www.infowars.com/jim-cramer-is-predicting-bank-runs-i...



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Anyone who doesn't have substantial physical gold is a

fool.

ALL of the world economies are tied together.

And even "All the kings horses and all the kings men couldn't put Humpty Dumpty together again."

When it goes, it goes.

As already posted, it's

As already posted, it's already happening. Cramer is an a$$ clown.

Resist the temptation to feed the trolls.

Republicae's picture

No need to predict it, it is

No need to predict it, it is already happening...they're just not calling it RUNS. EUROS are being withdrawn at an alarming rate in all of the PIIGS, but just wait, when it begins in France, the EU Thugs in Brussels will start to head for cover for fear their heads will end up on pikes! But it is coming and coming fast.

http://militantjeffersonian.com

"We are not a nation, but a union, a confederacy of equal and sovereign States" John C. Calhoun

Thank you

Great comment.

And it's coming to the banks here.
I think once a loaf of bread costs 20$ we will have 'American Spring'.

LL on Twitter: http://twitter.com/LibertyPoet
sometimes LL can suck & sometimes LL rocks!
http://www.dailypaul.com/203008/south-carolina-battle-of-cow...
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15

Futures predict an up market today because World Leaders said

they supported Greece's continued membership in the European Union.

Thats a little as if World Leaders had supported the continued floating of the Titanic, moments after it hit the iceberg.

If I lived in Greece, Spain or Italy - I would be getting my money out of any banks in a hurry.

Politicians

In the "after show" Gregory mentions "politicians don't sell pain very well." (translate: they bury and lie about the problem we are inevitably facing).

Here's Jim Cramer interviewing Ron Paul:
http://www.youtube.com/watch?v=XI_ygx02FTo

This was from Paul's last presidential run...and sadly much of what they discuss has not changed dramatically. Five years down the tube.

It's TIME people!

Well said

Thanks for that link.

Sadly vast majority is still not prepared for what's coming their way:
http://www.infowars.com/the-top-50-excuses-for-not-prepping/

LL on Twitter: http://twitter.com/LibertyPoet
sometimes LL can suck & sometimes LL rocks!
http://www.dailypaul.com/203008/south-carolina-battle-of-cow...
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15