PEPE ESCOBAR: ITALY TOO BIG TO FAIL, TOO BIG TO SAVE?

According to Pepe Escobar not even China and Russia could save the euro-zone at this point, Italy is just too big to bail.

Italy has much more systemic implications than Greece, its debt is larger than the rest of the periphery put together, it is too big to fail, too big to save and to make things even worse it has a government that has not succeeded so far to have the credibility of the markets on its reform program.

Countries are getting screwed up

because they don't have enough PAPER!

Truly this is insane.

OUR PLANET IS RICH WITH RESOURCES!

The Current predatory monetary system is the greatest threat to human freedom, world peace, and environmental harmony, and must be abolished.

This is the The Rape of Europe by the IMF and the International banking cartels.

We are witnessing the fall of Western civilization. 

EITHER BERLUSCONI OR LAGARDE IS LYING 

ABOUT WHAT HAPPENED

BETWEEN THE IMF AND ITALY

The IMF never offered Italy financing, according to fund chief Christine Lagarde.

That's contrary to an earlier statement by Italian PM Silvio Berlusconi that he had turned down money from the IMF.

It looks like someone here might not be telling the truth.

Berlusconi's statement before sent yields on Italian bonds skyrocketing. It seemed unclear why he admitted that the IMF had offered aid, given that the admission suggested weakness in Italy.

The fact that this admission could be completely fabricated seems even more puzzling.

Berlusconi's coalition is maintaining a shaky hold over the government, however this dispute is not likely to help his cause.

If anyone's lying here, could it be Berlusconi. Could he be on a mission to take down all of Europe?