Royal Dutch Shell is pulling some of its funds out of European banks over fears stirred by the euro zone’s mounting debt crisis…
Royal Dutch Shell is pulling some of its funds out of European banks over fears stirred by the euro zone’s mounting debt crisis…
this could be the start of the end of the euro-zone, could be a stampede rite behind Shell of like minded business’
Not a good ssign having the head Bilderberg money go south. Obviously not enough gold reserves backing the EEC dollar – too much exposure for those extending bail out credit. EU economic collapse is close – its better that way for the vultures – at least they can harvest tangable assets befor council authority erodes when EU natiions take theiir sovereignty back._
And after the collapse,what? Do several of the EU Countries become Mexico-like,or do they still have the spirit to fight a good war?
I don’t think so. Better get used to a large and permanent underclass.
Shell must be a fairly well managed company,they’re doing the right thing.
But moving it to the US??? They’re circling the drain, too. And if Obama (shudder) gets re-elected, he’ll finish the job.
Shell is adept at smelling losers. Thats why it shut the refinery in Quebec in 2010 with the loss of 8oo jobs.
Haught ferdomah…
Syncrodox
Never seen it written like that before but yeah ha ha gave me a laugh as soon as I said it slow.
D’oye
Why not make a few extra bucks on the US dollar going up big time?
Shell is bringing in Milt Romney, an experienced executive, as their new
“President and CEO” for the USA in November.
The old CEO, Barry Hussein, who has been a big disappointment, will
head up the new Fort Lauderdale cruise lines fuel sales office from his
Chicago HQ (ie be paid off to stay out of the way).
It is a laughable catch 22 situation for Euro governments. If they slap penalties on citizens or companies for taking funds abroad then they risk a full blown panic. I can just imagine some of the arm twisting behind closed doors to prevent this exhodus.
Screw them.We “colonies” bailed the pricks out in two wars.Stand on your own two feet,or go down.Oh wait.That would mean self reliance.Something the Euro-weenies of today do not have.
I hope that the collapse is relatively peaceful. Once Spain, portugal, italy and greece are off the EURO and offically part of the new third world, travelling and vacationing there will be epically inexpensive and likely not that busy…
Shell bailing on the EU means the monied oligarchs who fomented the EU political economic coup to over-ride Euro national sovereignty to have rule by central banking in Europe are firing the “help” on local level. They will collapse the common currency and call in debt forcing the debtor nations who cannot sell out their productive capacity to the central banks to retain borrowing credit, will become chattel nations of the IMF (unless they revolt to seek independence of the EU and go back on their own currency standards or they sucker the US Fed into a bailout like the Mexican Peso).
I’m hoping the debt ridden EU nations opt for the Icelandic solution to international centralized debt – nationalized debt write-offs and independence from Euro central banking
Royal Dutch Shell is a multinational with almost nation-state attributes….in fact at one point maintained a de-facto army.
Apolitical (beyond anti-communist of course)…its management is entirely profit driven/capitalist.
Royal Dutch Shell was, with BP, in on the ground floor establishment of the AGW Scam.
Together they established Hadley CRU at East Anglia.
These A-holes are movers and shakers.
If they’re bailing their funds out of European banks they’re probably going to push those same banks off the precipice they stand on and RDS will make an extra big killing doing it too.