This page has been archived and commenting is disabled.

Guest Post: Peace In Our Time

Tyler Durden's picture





 

Submitted by Miles Kendig

Peace In Our Time

"History doesn't repeat itself - at best it sometimes rhymes." Mark Twain

The Rhyme This Time

In 1938 the citizens of the major European powers, Germany, France and the UK, along with isolationist America, having suffered grievously during WW1 were willing to believe almost any lie that supported the prevailing sentiment.  Sentiment exemplified by the aforementioned timeless speech from Neville Chamberlain.  Today I see a European political and economic elite clinging desperately to the notion that any action that calls into question the current construct of pan-European “unity” must be quashed to preserve the peace.  The reality from the available evidence suggests that what these elites are more fearful of is broad realization that this current construct is as fatally flawed as the one in existence in 1938.  

The flaws today are rooted in in several key premises and include:

  • The foundation that all Euro area sovereign debt is equal in risk
  • That the nations within the EU and more importantly within the EMU share a common goal of preserving the structure through accurate & timely reporting of national fiscal policies and actions
  • That no member state will be called upon to fiscally support another member state
  • That the common goals implicit and explicit of those nations within the structure will always endeavor to maintain their close relationship to ensure a smooth functioning and strong perpetuation of the structure

Today these premises seem as tragically laughable as those that underpinned European stability and peace in 1938.  All one need to is look at the daily chart of where member states sovereign debt is trading in relation to one another or the like flows in the bank paper of the various member states to realize that all sovereign and money center debt is not created or considered equal.  In this it has now become generally accepted that member states and their financial institutions will do ANYTHING to preserve the illusion of adherence to reporting standards while doing EVERYTHING within their power to circumvent them.  In this every member state has an explicit need to perpetuate this unhappy set of circumstances.  Circumstances that directly undermine the whole concept of relationship be it between individuals, firms, institutions and nations.  These and their supporting cast of permeations are proving to be as durable as The League of Nations back in 1938.

I observe that a major difference between 1938 and today is that, using Czechoslovakia and Greece/Ireland/Portugal and soon Italy, Spain [PIIGS] as comparative examples is that the Czechs of 1938 fought annexation far more rigorously than the PIIGS nations today as the leadership of the PIIGS and indeed of all Europe are now members of this eras NSDAP.  Now for all my German associates I am not equating Germany as ‘responsible” for all of Europe’s woes.  Rather, as Wolfgang Manchu has noted, Germany’s banks, like those of every other NSDAP/EU/EMU member are hopelessly over levered and thusly fatally exposed to an unwinding of this flawed structure.  In this Franco-German growth has been bankrolled by their own methamphetamine addicted money center institutions and those of other co-opted nations like Belgium, Luxembourg, The Netherlands, Austria, The PIIGS and more.  Catch 22 since to introduce “Peace In Our Time” these very nations must first accept the insolvency of their economies and the theocracy that underpins them.  No small wonder these very nations and their money center institutions no longer trust in the “special relationship” as evidenced, in part, by where what remains of market participants money flows.  Made even more amazing, and not so, that most of these flows are being premised upon the money center institutions and their subservient governments positioning in this latest iteration of relationship loss.

Today’s Appeasers

Given the facts of life as they now exist it is no small wonder that the biggest appeasers to the status quo are, well, nearly everyone.  Most especially those whose political power is premised upon what Charles Hugh Smith recently penned [bolding mine]:

Thus anyone who promises that their share of the swag will remain untouched wins, and anyone who suggests the swag is unsustainable is rejected as "judgmental" or "negative." To the degree a nation gets the leadership it demands, then the U.S. is in trouble. We're now a nation of spoiled teens who get to elect their parents. No surprise, the 'rents who never enforce any rules, never challenge their own bosses (the kleptocrats) and who dole out the most allowance win every time.

The only thing here is that the people of Europe and their social and political structures are even more dependent upon this supporting reasoning to perpetuate their incinerating political and economic structure.  Wondering why the people of these nations are willing to do ANYTHING to include loss of what EU President, Jean-Claude Juncker calls national sovereignty, assets [like a sovereign bond, note or bill states it’s asset backed] and the further destruction of its financial future through the incestuous compromising of their financial and political institutions is laid bare.  This set of circumstances that perpetuate the disintegrating structure of perpetual debt enslavement at the hands of the debt meth addicted dope slingers and users leads to a look and action many here off South Main Street USA already know all too well.

"Twenty years from now you will be more disappointed by the things that you didn't do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover." – Mark Twain

 


- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Sun, 07/10/2011 - 22:38 | Link to Comment Guy Fawkes Mulder
Guy Fawkes Mulder's picture

For all that this is worth, Alex Jones is screaming Red Alert:

http://www.youtube.com/watch?v=Y5Zv8i1OeZw

Sun, 07/10/2011 - 22:44 | Link to Comment SparkySC
SparkySC's picture

Got Ponzi? Yep. 

We've got the whole World Ponzi in our hands.

Are the Roths and Rocks Reptilian ?

Mon, 07/11/2011 - 01:50 | Link to Comment Transformer
Transformer's picture

Guy, so I'm not the only one here who listens/watches Alex?

Mon, 07/11/2011 - 02:18 | Link to Comment A.W.E.S.O.M.-O 4000
A.W.E.S.O.M.-O 4000's picture

I listen as well. But in smaller doses. Too much reality isn't good for the soul.

Mon, 07/11/2011 - 02:50 | Link to Comment Guy Fawkes Mulder
Guy Fawkes Mulder's picture

I watch a lot of feeds. I'm usually inclined to check out feeds that say "Alex Jones said something important today, here is a 1 minute / 10 minute / 1 hour clip."

Alex puts out too much content for me to listen to all of it.

The guy is a machine for anti-NWO.

Sun, 07/10/2011 - 23:26 | Link to Comment Alcoholic Nativ...
Alcoholic Native American's picture

Well if I had to chose I would go with Obama to dictate the U.S., he just took out Usama Bin Laden and has Al-Qaeda terrified and on the run when Bush couldn't.  He get's shit done.

May our should be dictator lead us into massive austerity to help get the country back in financial order next.

4 more years.  Time for Obama to finish the job.

Sun, 07/10/2011 - 23:34 | Link to Comment Guy Fawkes Mulder
Guy Fawkes Mulder's picture

We are going to need a lot of true patriots like you if we are going to implement this temporary, emergency-basis-only dictatorship effectively.

I like Obama so much too.

He gives us almost anything we ask for and he doesn't afraid of anything.

Sun, 07/10/2011 - 23:39 | Link to Comment HungrySeagull
HungrySeagull's picture

No Sir!

Every man or woman has ONE thing they are afraid of.

They will never admit it to thier mother or anyone else what that fear is.

It's up to the Torture Professionals to find it.

Mon, 07/11/2011 - 05:12 | Link to Comment Sudden Debt
Sudden Debt's picture

OH BOY ARE YOU LUCKY!!

 

We have the combi waterboarding for 2 special with a DISCOUNT OF 50% today!

Will you be paying with Paper or plastic?

 

Mon, 07/11/2011 - 06:34 | Link to Comment BigJim
BigJim's picture

Plastic, obviously. Non-leverage is for losers.

Mon, 07/11/2011 - 06:27 | Link to Comment StychoKiller
StychoKiller's picture

Room 101 is a time-share that YOU DO NOT want to buy into!

Mon, 07/11/2011 - 00:32 | Link to Comment FeralSerf
FeralSerf's picture

"Time for Obama to finish the job."

And that job is?  I still haven't figured that one out.  (I do have suspicions  though.)

Mon, 07/11/2011 - 02:20 | Link to Comment A.W.E.S.O.M.-O 4000
A.W.E.S.O.M.-O 4000's picture

Dude, every time you question the President it's just like punching America right in the face. Are you happy now?

Mon, 07/11/2011 - 06:35 | Link to Comment BigJim
BigJim's picture

LOL

Mon, 07/11/2011 - 00:50 | Link to Comment Eternal Student
Eternal Student's picture

+1. Thanks for the link.

Mon, 07/11/2011 - 07:11 | Link to Comment bigwavedave
bigwavedave's picture

all i see in the video is the early teething troubles of propoganda. maybe chamberlin was right and britain should have settled with germany. they would not have lost the war or empire for sure. so now the germans are cleaning up the mess of greece, italy, spain and ireland. all aligned countries (give or take) during ww2. some grand schemes never change. just the bullshit changes. and we dont wear hats anymore. how sad.

Sun, 07/10/2011 - 22:41 | Link to Comment Flakmeister
Flakmeister's picture

We're fooked.... but this is a bad parallel...

Mon, 07/11/2011 - 00:07 | Link to Comment slewie the pi-rat
slewie the pi-rat's picture

it worked ok for me, F_meister, to the extent that appeasement = kicking the can down the road

Sun, 07/10/2011 - 22:41 | Link to Comment oogs66
oogs66's picture

great mark twain quote

Sun, 07/10/2011 - 23:00 | Link to Comment Amish Hacker
Amish Hacker's picture

Come away!

Hear the calling of the moon

And the whispering scents that stray about the idle warm lagoon.

 

Rupert Brooke

Sun, 07/10/2011 - 23:13 | Link to Comment HungrySeagull
HungrySeagull's picture

You mean the warm spot of yellow inside the "Blue Lagoon"

Sun, 07/10/2011 - 22:43 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

I guess we just add this to the other lies we all repeat, but never believe, such as "The check's in the mail" and "I'll still respect you in the morning".

Mon, 07/11/2011 - 00:38 | Link to Comment FeralSerf
FeralSerf's picture

I thought it was: "The check's in your mouth and I won't come in your mailbox."

Damn!

Sun, 07/10/2011 - 22:48 | Link to Comment bob_dabolina
bob_dabolina's picture

Great haircut @ 2:07. Just sayin'

Is that the type of haircut bond holders are afraid off?

Mon, 07/11/2011 - 05:32 | Link to Comment malikai
malikai's picture

Is it just me, or did the guys tend to hold up better than the gals? And seriously, meth bugs (the cause of all the scars on their faces) suck.

Mon, 07/11/2011 - 06:51 | Link to Comment BigJim
BigJim's picture

Agree. The guys, mostly, just look older.

Sun, 07/10/2011 - 22:49 | Link to Comment HungrySeagull
HungrySeagull's picture

No, the Peace you see is a Society planning the next move.

Sun, 07/10/2011 - 22:50 | Link to Comment Bartanist
Bartanist's picture

Personally I believe that they are mosy afraid of coming to the realization that they are not needed, wanted or important enough for anyone to give a damn about. They are simply lazy parasitic looters who, for the most part have pull, but nothing of substance to contribute.

Do I wish they starve to death? Maybe ... since they care nothing for the many thousand who starve to death daily.

Sun, 07/10/2011 - 22:56 | Link to Comment SDRII
SDRII's picture

egypt rioting back as govt request more tanks from usa - after aquitting mubarak flk and floating idea of delaying elections per alleged western pressure

jfrance minister saying libya needs a negotiated settle and joining the italians in calling for end of bombing..us disagrees

us threatening to cut off pakistan aid after last week the us joint chiefs head calls out pak isi for murder

isreal sumbits delineation of offshore borders sure to draw fire from lebanon over gas fields. this as erdogan calls on isreal to apologize for flotill and end gaza blockade

 saudi prince writes scathing editorial in wapo saying time to move beyond us and israel re palestine who is set to declare unilateral statehood.

assad massed around hama and turkey threatening to send troops in via nato backing ffor buffer zone for opposition in rerun

panetta in iraq looking to be invited to stay for a while 

iran tested long range missles back in jan but leaked out this weekend

japan says fukushima cleanup to be decades while another 7 plus strikes offshore.

merkel under pressure for saudi tank deal

armenia and azeri tensions escalating

geither saying going to get harder

 

bullish for s and p 

Mon, 07/11/2011 - 00:31 | Link to Comment slewie the pi-rat
slewie the pi-rat's picture

jfrance minister saying libya needs a negotiated settle and joining the italians in calling for end of bombing..us disagrees

the moQ, last friday, for the second friday in a row, said he was gonna attack europe  if they didn't cease after 6,000+ bombing missions.  this time, he threatened "martyrs" from libya.  kinda charming, in a sense, when you figure many people, upon leaving for some reason, cancel the return flight and desert or join the rebels.

bastille day is coming up thursday.  the french are on the phone...  LOL!  just abt a week after air-dropping weapons into the nafusa mountains, for the rebels.  after agreeing to an embargo that would not allow arms to come into the country for either side.  blahblahblah. 

so, this is pretty much a joke, except it makes the UN so happy that people talk of peace while they kill each other under the bombs of NATO's friendly UN-sanctioned no-fly skies.

Sun, 07/10/2011 - 23:18 | Link to Comment zorba THE GREEK
zorba THE GREEK's picture

 The term PIIGS is a derogatory term which I believe was coined to blame these countries

 for the state they are now in. But like drug addicts, they became addicted to debt and it was

 the "pushers" who kept them addicted and now want to take everything they own for another

 fix. Who are the real PIGS? We know who they are, and when they're done with Europe, they

 will be coming our way. I hope these indebted nations find the courage to break away from

 their debt-masters and start over before it's too late. WAKE UP Americans!!! Our chains are

 being forged now as our leaders are preparing the final plans to ensure our debt slavery 

 for generations to come.

Mon, 07/11/2011 - 00:17 | Link to Comment el Gallinazo
el Gallinazo's picture

I agree totally with you about PIIGS though I am afraid it is here to stay. I like the term GIPSI much more.

Mon, 07/11/2011 - 01:55 | Link to Comment tip e. canoe
tip e. canoe's picture

+ 1 roving caravan....something tells me the Roma will be having the last laugh.

Mon, 07/11/2011 - 00:45 | Link to Comment FeralSerf
FeralSerf's picture

It is derogatory, but hopefully it might cause some of the locals to realize what The Real Pigs think of them, and rise up and kill the motherfuckers.  Or, at the very least, not pay them.

Mon, 07/11/2011 - 07:46 | Link to Comment bigwavedave
bigwavedave's picture

it was coined by the head of asset management at goldman sachs.

Mon, 07/11/2011 - 11:18 | Link to Comment citta vritti
citta vritti's picture

a counterpart to Bric shorthand, and (un)happily recalling old adage about bulls and bears making money, but pigs getting slaughtered? takes one to know one I guess. 

Sun, 07/10/2011 - 23:28 | Link to Comment Reptil
Reptil's picture

Ok, good point. Could make some more connections about the why and how it all went pearshaped. Raises some questions about systemic flaws, that were supposed to be solved by now. Instead of doing so, the powermongers went to bed with multinationals, and crooked politicians. You're looking at it from a fiscal, monetary POV which is correct because, apart from erecting all kinds of burocracy without oversight, they managed to do little else (yet).
I've posted this before, but see no qualms in doing it again:

http://www.youtube.com/watch?v=uo1ygFynK30

A MUST SEE about the inner workings (corrupt backroom undemocratic) of the EU.

Europe:
it can be a success but the fundamentals must be good. WHAT A PITY!!!

You cannot build a unity on secret clausules in treaties that are put to be the foundation of law (Treaty of Lisbon)!

You cannot build a unity on just the interests of a political and financial elite: there must be a broad consensus. THEY HAD THIS CONSENSUS at the beginning of the century, but the men that were supposed to build, slowly, got greedy and grabbed the power, before they actually had it. NO german and dutch citizens will support a betrayal like doing away their Constitution, because some politician deemed them to dumb to realise the importance of a union.
So.... in their arrogance, they bypassed the source of their power, the electorate. And thus THEY destroyed europe, not the people that will now fight against them, and anything european.

If they continue, the dream will fall apart completely. We're not all as easy going as the belgians themselves (who are divided and don't mind NOT having a democratic representation), we actually put value in that democratic system, that our ancestors fought for, for centuries. The rule of law is taken seriously by the people here. You can see that in tax income (money as one measure of many). But now, the FOOLS, have disposed of this law (the basis in the Constitution), they have disposed of the SOCIAL CONTRACT between citizens and state. The citizens will then DISPOSE OF THE STATE. They are left with little else.

And still they deny any wrongdoing.

Here an oversight of all the bodies that make up the EU government structure.

http://europa.eu/about-eu/institutions-bodies/index_en.htm

NOTE please that there are no guaranteed feedback loops, as put forth in a TRIAS POLITICA!!

With this recipy for organisational disaster, where the European Commission took on power beyond their role as executive branch, the fiscal mess should come as no surprise. It is IMO the logical result.

Sun, 07/10/2011 - 23:33 | Link to Comment jakethesnake76
jakethesnake76's picture

Yes ,i do see some parrellels , the Emperor hath no clothing , and anything can be proposed and started when this prevails as with us and our current stock market and debt etc , remember Churchhill was considered a lamebrain during this period ..We that see don't want to be able to say and don't look forward to i told you so..

Mon, 07/11/2011 - 07:50 | Link to Comment bigwavedave
bigwavedave's picture

churchill was a man who rode a horse in to battle (in South Africa) you could not find a more black hating, royalist asshole anti-republican than churchill if you tried. look it up.

Mon, 07/11/2011 - 00:01 | Link to Comment Roger Knights
Roger Knights's picture

"We're now a nation of spoiled teens who get to elect their parents ... who dole out the most allowance win every time."

Grease in our time.

Mon, 07/11/2011 - 00:06 | Link to Comment AbbeBrel
AbbeBrel's picture

This is about as hopeful as expecting the Vampire Squid to do you a favor, and play by the rules, instead of playing the fools, and in the end everybody is sitting around with their face ripped off.  L'enfer, c'est les autres.   If you have no eyelids, you cannot shut your eyes to what is all around you, no?   That is indeed hell.

Mon, 07/11/2011 - 01:04 | Link to Comment TK7936
TK7936's picture

Oh boy, get some history lessons. The National socialists despised Banks and the compound interest system like the devil holy water. Equating them with a (ironicaly jewish led) Banking Cartel of today is retarded. If there is any comparison of the EU then it would be the Soviet Union at best. But really history doesnt work that way.

Mon, 07/11/2011 - 07:51 | Link to Comment bigwavedave
bigwavedave's picture

if you understand your political and economic history you can tell me now if Singapore is not the perfect NAZI state?

Mon, 07/11/2011 - 10:48 | Link to Comment rwe2late
rwe2late's picture

" Oh boy, get some history lessons.The National socialists despised Banks ..." -#TK7936

 

But  "history" doesn't particularly support that statement.

 Check out the history of the B.I.S.

http://www.prisonplanet.com/former-nazi-bank-to-rule-the-global-economy.html

 

Mon, 07/11/2011 - 01:20 | Link to Comment Anonymouse
Anonymouse's picture

For a daily argument from the Euroskeptic point of view, read Daniel Hannan's blog (a conservative MEP from South East England).  His 2 minute speeches are brilliant (even if the empty parliament chamber never hears them).  Includes many sound arguments against bailouts, for return to sovereign currencies, and disbanding of the European Parliament.

http://blogs.telegraph.co.uk/news/author/danielhannan/

It also includes a great speech on "Why I am a Conservative" with an introduction by Sen. Jim DeMint (pairing my favorite politicians from each side of the Atlantic) http://blogs.telegraph.co.uk/news/danielhannan/100095451/100095451/

 

Mon, 07/11/2011 - 01:19 | Link to Comment mcguire
mcguire's picture

on the prospect of peace... this is essential reading!!!

http://www.teachpeace.com/Report_from_Iron_Mountain.pdf

Mon, 07/11/2011 - 02:46 | Link to Comment Anonymouse
Anonymouse's picture

Wasn't this report discredited as a fraud?  Dredging up memory from 10-15 years ago, but I thought it had been debunked.

Mon, 07/11/2011 - 04:04 | Link to Comment Urban Redneck
Urban Redneck's picture

 

If it's on the Internet it must be true.

 

For all the ranting against the easily (mis)guided sheep, I have the increasing suspicion that if most people were taken into a non-descript room in 2002 and shown the raw intelligence that was gathered and analyzed as evidence of WMD in Iraq that they would emerge from said room and testify, "Hallelujah! I've seen the truth, I've seen the facts, and there's WMD in Iraq."  

They would arrive at that conclusion not because there was a strong case, but because they do not actually know what a strong case is- the ability to synthesize information and construct a pointillist tableaux whose message is not diminished by the subsequent verification of the veracity of its claims- is being lost, if it ever even existed. 

Take any jury of 12 citizens, sitting in judgement- what are the chances that justice as an outcome mirrors justice as a process, when a side that is wrong advances a more easily accepted tableaux to connect the dots to the jury?   

 

Mon, 07/11/2011 - 07:45 | Link to Comment bigwavedave
bigwavedave's picture

this deserves a response. yesterday, i just finished reading John Grisham's 'The Runaway Jury'. I live in the 3rd world and my wife buys me books from yard sale. It was my first Grisham novel.

in this book are all the reasons why and wherefore, written by someone who is either dumbing himself down delibertately or cant write prose for shit. probably both. i have no idea if there is an agenda here. it almost seems like a call-to-arms for people who read. lol. who reads?

no. i decided that amongst the upper quintiles of USA 'readers' there must be a super majority of total idiots. just like the super majority of tv watchers, or newspaper readers.

i cant fathom anyone who thinks this guy is best seller material. my own world of people who have "the ability to synthesize information and construct a pointillist tableaux whose message is not diminished by the subsequent verification of the veracity of its claims" now doesnt even include John Grisham or any of his fans. how fucking highbrow do i have to go? truly sad.

Mon, 07/11/2011 - 03:13 | Link to Comment Highrev
Highrev's picture

Another ZH post that reveals ZERO understanding of modern Europe.

(But I guess we really can't ask much more from people who have ZERO understanding of their own modern context.)

 

Mon, 07/11/2011 - 03:39 | Link to Comment Highrev
Highrev's picture

What a farce! Anyone who starts off by comparing modern Europe with 1938 Europe simply telegraphs his idiocy to whatever potential readers he might have.

“. . . using [1938] Czechoslovakia and Greece/Ireland/Portugal and soon Italy, Spain [PIIGS] as comparative examples . . .”

You’ve got to be joking . . .

I find it incredible that ZH posted this.

Tyler, how can you permit this kind of trash on ZH? Are you intentionally trying to win the 2011 Nutcase of the Year award?

Mon, 07/11/2011 - 03:47 | Link to Comment Highrev
Highrev's picture

How about something a little more "reality based" like this:

EURO Set to Soar Over Next 5 Years, Reason 10 year Debt Schedule of Europe

http://www.marketoracle.co.uk/Article29092.html

 

Mon, 07/11/2011 - 04:02 | Link to Comment Highrev
Highrev's picture

How about we look at the unemployment rates of the northern core of that “failed” European “experiment”? *

Finland

7.8

Germany

6.0

Netherlands

4.2

Norway

3.4

Sweden

7.7

Switzerland

2.9

Oh my, isn’t that horrible! And Italy could never possibly service its debt with an unemployment rate at 8.1!

* With a couple of non-EU members for good measure since we are really talking about an economic "zone".

Mon, 07/11/2011 - 07:33 | Link to Comment bigwavedave
bigwavedave's picture

these are numbers expressed as population / workforce percentages. they are therefore not representative of any of the horrors of a swiss drug park or norwegian illegal vodka party. your spinning like just like any of the enemy within.

Mon, 07/11/2011 - 06:45 | Link to Comment BigJim
BigJim's picture

Pompously reiterating your disapproval doesn't carry a lot of water if you don't tell us why you think the analogy is 'trash', Highrev.

Mon, 07/11/2011 - 07:49 | Link to Comment Reptil
Reptil's picture

I agree, it is a stretch. The point of "appeasement" remains, but the rest of the comparison is moot.

There are some systemic flaws in the financial system of the EU though that have their origin in a failure to put checks and balances in place, please see above post.

This has resulted in a loss of souverignity of one state at this moment. (I'm not counting Ireland.)

The success of the northern countries is not because of the european union, though the unrestricted trade of the Netherlands, and Germany does play a role. All of this is about to change though, since they are planning to solve fiscal structural problems, with political ones, while the fiscal problems originated in political systems failing miserably.

Mon, 07/11/2011 - 03:45 | Link to Comment ebworthen
ebworthen's picture

 

That meth is some bad shit, yick, stay away.

Financially, our problem is that we have the dealers who are also users (banks/hedge funds) making and smoking the CDS, MBS meth and crack and selling it to everyone.

Might take some time but you cannot be the boiled frog.

Neville Chamberlain, yes, so many just want to avoid conflict after they have been slapped. 

Not here, not now, we must fight back.

 

Mon, 07/11/2011 - 06:07 | Link to Comment Watson
Watson's picture

The German situation in 1938 stemmed, at least in part, from a German citizenry who felt the post-WWI debts unreasonable.

Does the current German citizenry feel the debts (from Greece, etc.) fair and reasonable?

Mon, 07/11/2011 - 07:22 | Link to Comment bigwavedave
bigwavedave's picture

1932/3 to 38/9 was the singular german response to being oppressed by debt. it was technological (scientific) in its nature. i can see it happening again through technology, though not with the nice suits. this time it will be jeans and black t-shirts. apple, facebook, google, etc are all after one thing. control of the information. the new nazis are the singaporeans truly. the national socialist movement of singapore. corporate statism. they are doing exceptionally well. we demonised the nazi model because hitler was a hater. the social-economic model is still working... very well. 

Mon, 07/11/2011 - 07:45 | Link to Comment Reptil
Reptil's picture

Corporate Statism has never worked on a longer term, once the buildup of power is completed, there will invariably be territorial expansion. Yes, Singapore has a planned economy to a large degree, but that does not mean it works elsewhere, and more importantly; it's impossible to say this is because of the system of corporate statism. Instead I am certain that their success is because of their islamic system of banking. Like many things, it's a mix of many interacting causes.

http://www.u21global.com/PartnerAdmin/ViewContent?module=DOCUMENTLIBRARY...

http://www.intellitrain.biz/articles/exp_islamic%20banking%20&%20finance...

http://ritsumeikeizai.koj.jp/koj_pdfs/57206.pdf

 

Mon, 07/11/2011 - 07:57 | Link to Comment bigwavedave
bigwavedave's picture

so perhaps i have someone who i can agree with, or not. woo fucking hoo. tell my then why Singapore has 2 state owned champions in every industrial and commercial segment of its society?. tell me then why the singapore govt insists on nationalist agendas. tell me why then singapore continues to expand its geography (by land reclamation with sand purchased from its neighbours). tell me then why 1 party rule and the power of the pen and fine has suppressed any and all decent? tell me. ?? it works. thats why. it works very well indeed.

Mon, 07/11/2011 - 08:01 | Link to Comment bigwavedave
bigwavedave's picture

oh and singapore doesnt have a sharia banking system. they are 85% chinese. and nor does malaysia or indonesia (its a small optional choice currently about 5% of the population makes) 

Mon, 07/11/2011 - 06:43 | Link to Comment BigJim
BigJim's picture

To the degree a nation gets the leadership it demands, then the U.S. is in trouble. We're now a nation of spoiled teens who get to elect their parents. No surprise, the 'rents who never enforce any rules, never challenge their own bosses (the kleptocrats) and who dole out the most allowance win every time.

Pure fucking poetry.

Mon, 07/11/2011 - 07:16 | Link to Comment bigwavedave
bigwavedave's picture

yes its good. struck me too

Mon, 07/11/2011 - 15:14 | Link to Comment tip e. canoe
tip e. canoe's picture

indeed...nice one miles...the Unbending State of Adolescence.

Do NOT follow this link or you will be banned from the site!