Nigel Farage Destroys Europe's Latest Bad Idea

Tyler Durden's picture




 

Submitted by Simon Black of Sovereign Man blog,

I’ve landed this morning in Frankfurt... financial capital of one of the few remaining ‘healthy’ countries in Europe able to inspire a modicum of confidence among investors.

As southern Europe buckles under the weight of unserviceable debt and 60%+ youth unemployment rates, Germany is coasting along with an almost historically low unemployment rate, and an almost historically high stock index.

In fact, the disparity between Germany and its southern neighbors could not be more obvious.

The German Chancellor Angela Merkel has now become a de facto Trustee of the continent. Her fingerprints are all over everything– restructuring agreements, bailout plans, the bank account theft in Cyprus, etc.

She is, at this moment, hosting an EU conference in Berlin, making a public pledge to ‘tackle’ the continent’s job crisis. This seems strangely out of her jurisdiction.

It’s bad enough when people get screwed by their own politicians. Just imagine getting screwed over by some other country’s politicians…

Of course, European policy to deal with the jobs crisis is quite simple: print more money. And the German government has had long-standing influence in European monetary policy to make this happen.

The European Central Bank is right here in Frankfurt, just a stone’s throw away from the cafe where I’m at on Gallusanlage Street. The entire edifice is a shrine to the euro, complete with a hideous monument that probably measures ten meters across.

Smartly-dressed bureaucrats are streaming in from the mothership right now for congratulatory cold beers... a day’s end toast to another job well done of conjuring more paper money out of thin air.

I have to imagine that this entire euro system is probably going to go down as one of the worst ideas in the history of economics.

The central bank fiat system that pervades global finance is already ludicrous enough. We entrust the reins of an entire economy, the prices of goods and services, the printing press, total control of financial markets– to a tiny elite.

And we’re all just supposed to trust that they’re good guys.

Here’s a great example - the Financial Times published a piece on Monday heralding Mark Carney’s first day as the new head of the Bank of England, saying that Carney must “revive the economy…”

This is one of the pre-eminent financial publications in the world, suggesting that Carney is (and should be) responsible for driving this $2.5 trillion economy. Unbelievable.

But in continental Europe it’s even worse… because this totalitarian monetary control is wielded by foreign powers, nations away.

The livelihoods of people from Portugal to Estonia, Ireland to Bulgaria (whose ‘lev’ is pegged to the euro), has been forcibly outsourced to a tiny elite here in Frankfurt, and their bureaucratic minions (many of whom are now crowding this cafe’s happy hour special).

The euro idea was a failure from the start. Even former German Chancellor Helmut Kohl, one of the chief architects of the monetary union, admitted earlier this year that he acted like a ‘dictator’ in order to push the euro through, knowing that it wouldn’t pass otherwise.

But rather than admit their mistakes and try to find a solution, European leaders seem to double down every few months on this continent with even more printing, more debt.

Their latest initiative, a few billion more to fight the youth unemployment rate, was mercilessly eviscerated yesterday in the European Parliament by Nigel Farage… one of the few voices of reason on the continent (and one of the keynote speakers at our event in Chile a few months ago).

You can watch him here:

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Wed, 07/03/2013 - 21:16 | 3720243 francis_sawyer
francis_sawyer's picture

Alas... So many 'Tony Curtis-es'... So few Simon [Lawrence Olivier] Blacks...

Wed, 07/03/2013 - 21:42 | 3720267 prains
prains's picture

I suspect this article is just a front for our international man of mistory to drop off his resume at the EU main office

<---thanks Simon, but when I ski it's with the top buckle open. WHy?  because i can

Wed, 07/03/2013 - 21:56 | 3720335 espirit
espirit's picture

Better yet: Where's Waldo Snowden?

Did he bail out of Bolivar AF1 over the Alps?

Wed, 07/03/2013 - 22:20 | 3720371 francis_sawyer
francis_sawyer's picture

All I can say is that in a world of... probably... 6 BILLION, 'camera~phones'... I haven't seen even a blurry snapshot since Hong Kong [& probably before]...

~~~

For all I know ~ He's 'scuba diving' in the Indian ocean...

Wed, 07/03/2013 - 22:21 | 3720376 prains
prains's picture

there's a red head dutch girl that's tied him down, taking bite mark prints off his body for positive identification

Wed, 07/03/2013 - 22:44 | 3720402 francis_sawyer
francis_sawyer's picture

I hope she's better looking than that camel toe'd waif from before [that, strangely or not, nobody seems to be interested in interviewing]...

Wed, 07/03/2013 - 22:55 | 3720422 prains
prains's picture

everyone's shit scared a balls gonna end up in her mouth and the balance of power shifts <balls in your court>

Wed, 07/03/2013 - 23:04 | 3720434 francis_sawyer
francis_sawyer's picture

Well ~ I'll bet my own nutsack that Simon Black won't get the interview...

Wed, 07/03/2013 - 23:12 | 3720449 prains
prains's picture

I’ve landed this morning in Frankfurt... sausage country

Thu, 07/04/2013 - 01:01 | 3720598 markmotive
markmotive's picture

It sounds like Nigel is looking for a wholesale revolution in Europe

http://www.planbeconomics.com/2013/04/nigel-farage-on-wholesale-violent....

Thu, 07/04/2013 - 04:46 | 3720708 Acet
Acet's picture

I think Nigel needs to look at his own country for that.

As one of the few European countries that hasn't been under the yolk of a dictatorship (and matching counter-revolution) in a while, the UK has gone far deeper into nepotism, cronyism, political abuse and police state behaviour than a country where people still remember the stories of how it is to live under oppression (and the elites still remember what happens if they go too far) would.

As the elites further abuse everybody else, and the wider masses accumulate more small pains and humiliations and get further disinfranchised, I reckon that the UK is far more likelly to end up with a violent uprising followed by a strong-man dictatorship than most of Europe.

 

Thu, 07/04/2013 - 05:34 | 3720732 noless
noless's picture

An African immigrant beheaded an off duty soldier in the middle of the street while yelling allah akbar then posed for a photo op, the motherfuckers didn't do anything, they literally just stood around waiting for something to happen..

That is my impression of the uk..

Thu, 07/04/2013 - 05:48 | 3720739 Acet
Acet's picture

A fear of standing out and being socially awkward is indeed a deep part of British culture: better mediocrity and stability than taking a risk for a chance at greatness.

I'm mixed in the Tech Startup world in London and I can see it: in Silicon Valley, investors will look favorably (often even demand it) if you've had a couple of failed startups under your belt, here you're expected to succeed on your first try. Failure is socially looked at as bad, rather than being seen as and indication that that person had the courage to try.

Unsurprisingly, you don't see any groundbreaking businesses taking off in London: one can't risk too much if one only has one chance and yet without risking and failing one can't learn how to do it right.

 

Thu, 07/04/2013 - 06:25 | 3720764 jbvtme
Thu, 07/04/2013 - 06:45 | 3720775 Rusticus
Rusticus's picture

It's a fine line to be sure ... in contrast, America is earning the reputation of a country where failure is rewarded.

Thu, 07/04/2013 - 08:05 | 3720791 GetZeeGold
GetZeeGold's picture

 

 

 

 

a country where failure is rewarded.

 

You didn't build that.....but we'll take it anyway and give it to those guys.

 

Those losers earned it.

 

 

Thu, 07/04/2013 - 08:38 | 3720859 Acet
Acet's picture

I think that's another side and is also present in the UK (and most of Europe).

In our societies a man's money (or external signs of prosperity) became all important and the way he got it became irrelevant. The same respect is given to those that got their money through hardwork and/or taking risks as it is to those who got their money as government handouts, through corruption, cronyism and influence peddlling, through harming countless others or simply inherited it.

So the end result of this societal blindness of equating money with personal quality is the increase in people getting their money in ways other than hardwork and taking risks.

 

EDIT: Also an interesting way in which people get money to aquire external signs of wealth is going into debt (people can see the flashy car but they can't see the negative savings balance behind it). It might very well be that the increasing importace of "having money" in the way society values a man grew hand-in-hand with the growth in consumer overindebtness. Worth thinking about ...

EDIT2: In the Tech world in London (and the US) this probably also explains why so many "entrepreneurs" seek to quickly start companies, get investor money, put the product out and then sell or IPO, rather than make companies with long term prospects (i.e. they're just creating the minimum needed shell to sell to suckers, rather than creating a business). When what matters is getting the money, then getting rich by creating the next pets.com and selling it to suckers is an acceptable (and widespread) way to wealth.

Thu, 07/04/2013 - 12:12 | 3721329 Freegold
Freegold's picture

And Nigel needs to see the difference between cause and effect. EU and the Euro didn't cause the problems you find. Central banks set interests - risk mispriced - comingling of investment- and traditional banking - growing of the state from buying votes with money it doesn't have.

Result is to much debt, unserviceable by the real economy. And inside a currencyzone you have to be efficient and productive to be prosperous. Or you think every part of a country having it's own currency will solve all problems Nigel?

I admit that devaluing is easyer to sell to the people though.

Thu, 07/04/2013 - 00:14 | 3720546 Serenity Now
Serenity Now's picture

The Prancercize lady?  ;)

LOL

Thu, 07/04/2013 - 00:14 | 3720545 iDealMeat
iDealMeat's picture

@ CheesePope ;)

 

To me.. So far..  The "Snowden" is a perfect plant for TPTB..

This Snowden wreaks(pun intended) of perfection in NWO plan.

If you want to beat them, think like them..

1. Create a hero for conspiracy freaks.
2.  Create plausible deniability via a (corporate subcontractor).
3. Let them distract themselves with polarized bullshit.

4. Secretly tell all Congress critters /  puppet govts. that NSA
    knows of their past digressions..  And that the "Snowden" might have it..

5. go back to the toddler eating / raping party..

5.1.  On the way back to the 7* hotel, Call for a random Mercedes to speed up
        and hit a tree in a blaze of (NO MSM) teeVee..

6. Wake up from the coke binge..

7.  goto step 1.

Thu, 07/04/2013 - 00:59 | 3720594 otto skorzeny
otto skorzeny's picture

why no press conference with a few hundred microphones in his face or even a cell phone picture of him at the TCBY in Moscow's airport?

Thu, 07/04/2013 - 02:20 | 3720637 iDealMeat
iDealMeat's picture

Indeed, Otto.

How does one "live" in a no mans land(small airport) and not get apprehendid?? If the Russian airport is no man land then there is no jurisdiction.

They almost fooled me once with the Wiki-BofA-Release.. 

I call bullshit on all the Snowden NSA BS and give all the chips over to TPTB.. 

 

Well played...

 

Edit: and H/T BTW, I sincerely hope folks around here take the time to look you up.. From "Curious George" to banging Eva Perón.. /jealous..

 

Prove me wrong... 

hoping..

Thu, 07/04/2013 - 05:59 | 3720747 zhandax
zhandax's picture

H/T here as well.  That was some fascinating reading.  Thanks, iDM for bringing my attention to it.

Thu, 07/04/2013 - 07:13 | 3720798 francis_sawyer
francis_sawyer's picture

@iDM

~~~

It even goes beyond that...

With this 'Millenium Falcon' bullshit [doing the Kessel Run in 12 parsecs]... They've effectively 'roll-called' the entire Western World... IOW ~ 'Here's the blueprint' for all you 'would be' whistleblowers... NO QUARTER...

Thu, 07/04/2013 - 08:27 | 3720892 Go Tribe
Go Tribe's picture

I really doubt he is in the airport as we think of an airport - concourses, sleeping on benches, bad food. That would leave him open to violence, so I'm thinking he is in a well-appointed apartment with Russian security, perhaps within the airport property, but certainly he's not in a concourse.

Thu, 07/04/2013 - 02:31 | 3720646 dunce
dunce's picture

Anna Chapman, the Russian spy we deported a few years ago has asked Snowden to marry her. He is no doubt suffering through an intense sex orgy before accepting her kind offer. I wonder what this would do to his legal status in Russia.

Thu, 07/04/2013 - 02:41 | 3720652 Dugald
Dugald's picture

The item is Farage, but all you TROLLS can pratt on about is Snowden....Christ what a boring trite bunch of shits you really are........!!!!

Thu, 07/04/2013 - 07:24 | 3720813 francis_sawyer
francis_sawyer's picture

Oh really?... I thought the item was Simon Black... "I've landed this morning in Frankfurt", blah blah, blah..." ~ FFS

Thu, 07/04/2013 - 07:52 | 3720845 noless
noless's picture

You're right, Simon should go meet with snowden.

Wed, 07/03/2013 - 22:54 | 3720419 ISEEIT
ISEEIT's picture

Always gotta have a counterpunch.

Baffle 'em with bullshit...Ya know?

Thu, 07/04/2013 - 08:31 | 3720896 Aaaarghh
Aaaarghh's picture

Nige should be paid more and damn well knighted! what a guy. The only way he could elevate himself in my esteem further would be to kick shit out of barroso et al until they admit the euro scam failure.

Thu, 07/04/2013 - 10:41 | 3721132 MSimon
MSimon's picture

I believe you meant Bernie Schwartz.

Wed, 07/03/2013 - 21:21 | 3720249 Xibalba
Xibalba's picture

He was able to fly over Frankfurt? "Just imagine getting screwed over by some other country’s politicians…"

Wed, 07/03/2013 - 22:30 | 3720389 howenlink
howenlink's picture

I'm convinced that Farage is an apparition invented by the alCIAda to disturb my sleep.

Wed, 07/03/2013 - 21:21 | 3720255 Tinky
Tinky's picture

Forget about the collapse of Europe and various fiat currencies, Simon, how was the exclusive lounge in the Frankfurt airport?

Wed, 07/03/2013 - 21:26 | 3720270 francis_sawyer
francis_sawyer's picture

Frankfurt Main is a rat's maze... You're lucky to ever get out of that trap...

Wed, 07/03/2013 - 23:27 | 3720475 disabledvet
disabledvet's picture

who flies anymore. the very idea of it (unless it's my own plane) disgusts me.

Thu, 07/04/2013 - 00:05 | 3720528 prains
prains's picture

planes are soooo passe, whenever i need fresh crab legs for lunch i just have the bitchez risk their lives to catch them and fly them to me by naked virgins

Thu, 07/04/2013 - 06:17 | 3720758 zhandax
zhandax's picture

Sounds better than the clothed mules the commercial airlines have hired for the last 20 years.  At least the ones before that had a sense of humor.  I got on a prop plane to the casino in Freeport from Ft. Lauderdale in 1985 after watching the damned thing catch on fire after refueling.  After we boarded, I called one of the stews over, and asked "didn't I just see this thing on fire?".  Her reply, "Hey, you wanted to gamble"  TGF scotch

Thu, 07/04/2013 - 08:19 | 3720877 espirit
espirit's picture

Bet is was Mackey Airlines.  Mine had oil pouring out of the right engine.

Prolly the same plane, eh?

Wed, 07/03/2013 - 21:31 | 3720278 Arrowflinger
Arrowflinger's picture

Barroso looked furious at the end of that tirade.

Wed, 07/03/2013 - 21:41 | 3720292 Seasmoke
Seasmoke's picture

Fuck Barroso. Hang him upside down at the nearest ESSO.

Wed, 07/03/2013 - 21:32 | 3720279 Abi Normal
Abi Normal's picture

gotta love Nigel...

too bad tho, 'they're making plans for Nigel...'

what a breath of fresh air he is...buying a turkey for Christmas indeed

Wed, 07/03/2013 - 23:47 | 3720490 i-dog
i-dog's picture

Nigel is controlled opposition ... and 'They' are very happy indeed with his performances!

He, like Ron Paul, is exposing the truth about what needs to be done and then, by not voting for either of them in even a meaningful minority, "the people" are giving IMPLIED CONSENT for the march to the NWO central planning tyranny to continue.

It's all a part of 'Them' demonstrating that they have the public's consent for what they are doing ... and that French twerp's question to Farage exactly highlights this point.

Thu, 07/04/2013 - 02:40 | 3720653 dunce
dunce's picture

The question about who is paying him was actually an effort to insult Farage by implying disloyalty by biting the hand that feeds him and claiming that he is morally superior to Farage because he votes and talks to his employers tune. Selling out in his world is the honorable thing to do.

Wed, 07/03/2013 - 21:41 | 3720291 FreedomGuy
FreedomGuy's picture

The leftist answer to global warming is simplistic in that they say we/mankind put too much carbon into the air so we must undo what we have done. When economies do not do as they wish the problem always boils down to too much freedom and people not doing what you want them to do. That is never the answer to statist interventions that fail or have unintended consequences. The answer is never to undo their interventions or control. In fact, they usually argue for yet more intervention, control and uniformity. This becomes political and economic theology or even alchemy. They swear they can eventually turn economic lead into gold with enough faith (plus taxes and bureaucracy).

Wed, 07/03/2013 - 23:08 | 3720441 ISEEIT
ISEEIT's picture

It's truly global. Some of us really do perceive an awakening awareness. I can't be certain that I do? I can attest however that I in many moments succumb to a status of awareness which causes me to feel distant to most, but frighteningly intimate with an increasing few.

Crazy?

Many would say yes. I'm willing to agree to the possibility, just waiting for some really credible..Plausible debate. Real time actual live open discussions. Communities even??Right? How 'revolutionary' would that be?

The what so many us thought at one time was America is in fact now something else. A milestone, something exceptionally significant has already occurred. A 'transformation' has been made manifest and sanity without sacrifice is now a dream left not to reoccur.

Peace-:)

Thu, 07/04/2013 - 12:59 | 3721495 TPTB_r_TBTF
TPTB_r_TBTF's picture

The reason you feel that way is because an alien intruder has taken over your body.

 

During those moments of melancholy, your old self is fighting its way back to reality.  But alas, ... the intruder is fully in control of you.  Relax and enjoy the ride.

Wed, 07/03/2013 - 21:43 | 3720298 Kirk2NCC1701
Kirk2NCC1701's picture

Still waiting for prophet Farage's last prophecy, that...

"Mark my words - and you heard it here first -- Slovenia's banks are next to fall!"

Tick, tock, tick, tock...

Wed, 07/03/2013 - 21:47 | 3720313 francis_sawyer
francis_sawyer's picture

r u sure it wasn't fonestar who predicted that?

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