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On Friday, former U.K. Prime Minister Gordon Brown laid his cards on the table. In his speech at the World Economic Forum in China, Brown delivered precisely the same warnings I’ve been giving you for many weeks now:
“The euro cannot survive in its present form. It’s going to have to be reformed dramatically.”
Brown continued by saying the collapse of the euro is imminent: “We are, I think, at an hour to midnight in the way that we look at this issue,” he said.
Far More Serious
Than the 2008 Meltdown
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How bad will Europe’s crisis get? Brown was equally candid, saying that European banks are “grossly under-capitalized” and that the debt crisis is far more serious than the 2008 meltdown.
Why? Simply because this is DOUBLE the crisis we had in 2008: Not only are the banks broke, SO ARE EUROPE’S GOVERNMENTS — or as Brown put it …
“In 2008, governments could intervene to sort out the problems of banks. In 2011, banks have problems, but so, too, do governments.”
What Brown Did NOT Say …
I could not agree more with Prime Minister Brown. In fact, there’s only one prediction I would add:
Investors who own the investments that soar when European stocks sink …
That skyrocket when the euro plunges …
And that spin off windfall profits when gold and other crisis hedges explode higher …
Stand to multiply their money many times over!
Our Emergency Global Forum
Can Give YOU the Strategies and Investments
You Need to Go for Huge Profits!
For this forum, I joined forces with the rest of the Weiss team to bring you a unique inside perspective on how to protect yourself and profit from Europe’s rapidly unfolding debt crisis:
Our moderator, Dr. Weiss, makes sure you get the best insights each expert has to offer.
Plus, I reveal how Europe’s great debt contagion will impact Europe’s banking industry … PLUS how the Continent’s banking nightmare will spread to U.S. banks … and how to protect yourself and profit.
So if you missed any part of our Emergency Global Forum or want to listen to it again, simply turn up your computer speakers and click this link right away.
There’s no cost whatsoever for listening, and the investment intelligence you’ll take away from it could easily mean massive profits for you in the weeks and months ahead.
Best wishes,
Mike Larson
Mike Larson graduated from Boston University with a B.S. degree in Journalism and a B.A. degree in English in 1998, and went to work for Bankrate.com. There, he learned the mortgage and interest rates markets inside and out. Mike then joined Weiss Research in 2001. He is the editor of Safe Money Report. He is often quoted by the Washington Post, Reuters, Dow Jones Newswires, Orlando Sentinel, Palm Beach Post and Sun-Sentinel, and he has appeared on CNN, Bloomberg Television and CNBC.
