The International Money Changers Reward the Euro for Forcing Austerity | WHAT REALLY HAPPENED

The International Money Changers Reward the Euro for Forcing Austerity

Activist Post

The Wall Street Journal reported Thursday that the Euro has reached an 11-week high against the dollar.

NEW YORK --"The euro rose above $1.31, hitting its highest point in 11 weeks as improving euro-zone economic data helped the common currency extend a strong rally that's seen it rise more than 10% since early June.

The euro has been perhaps the most visible beneficiary of easing concerns about the European sovereign debt crisis. After hitting a four-year low of $1.1876 on June 7, the currency has steadily gained ground amid confidence that policy makers have forestalled a European sovereign debt default."

This rise in strength comes just 3 months after the austerity measures were forced on the Greek people and the same steps being taken for the other PIGS (Portugal, Italy, Greece, and Spain). At the time, the global financial community debated whether the Euro would even survive because of fears that soveriegn debt of economically weak European Union member nations would destroy the Euro. Now that the International bankers got the austerity measures that they wanted, the money manipulators have rewarded them.

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA