Posted 1 year ago on May 31, 2012, 6:42 p.m. EST by alterorabolish1
This content is user submitted and not an official statement
Thinking about the run on banks in Europe, the thought of a possible financial collapse seemed reasonably normal. Then it occured to me, a collapse will never happen unless huge masses of people lose confidence in the system. Those in charge of the system can and will prevent that at all costs. They can shore up any bank or country simply using computers, legally or not.
If a country is making payments on bonds or loans, someone is making profits from those payments. It would be in their interest to lend, (or give), money to those countries so that they could make the payments. If they can borrow this money to give to the countries at 0%, everything's fine.
This may go on for a long time.