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As Nigel Farage Warned: "In Two Months Of EU Membership, Croatian Exports Fall 11%"

Tyler Durden's picture





 

Having been urged by none other than Nigel Farage to see some kind of alternative sane path forward, the Croatian government decided instead that accession to the EU was for them. Now, according to government estimates, since the joined the EU on July 1st, exports have fallen by 11% compared to the same period last year. As presseurop reports, the decline for the month of August alone was 19%. During the first eight months of this year, exports were down by 6.3% when compared with 2012. The reason for the fall-off, notes the newspaper, has do with the impact of EU accession — "which has exposed Croatia to greater international competition, and the loss of privileges associated with the Central European Free Trade Agreement (CEFTA)." Looks like Farage was right...

 

Farage's, now entirely prophetic warning begins... "the most important thing is that joining the EU is great news for the Croatian politicians, it's like winning the lottery..."

 

The headlines 2 months later...

 


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Mon, 10/14/2013 - 09:05 | Link to Comment Capitalist
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Maybe they can get some farm subsidies through the profligate Common Agricultural Policy?

Mon, 10/14/2013 - 09:12 | Link to Comment GetZeeGold
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I hope Euroland realizes if they lose Nigel Farage......they are toast.

Mon, 10/14/2013 - 09:17 | Link to Comment Rubicon
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Poland, be warned!

Mon, 10/14/2013 - 09:22 | Link to Comment hedgeless_horseman
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"which has exposed Croatia to greater international competition..."

Anti-Communist Croation Nationalists should take this news well.  History says they will react calmly and peaceably to having their economy, culture, and lives affected by pan-European idealists.

Mon, 10/14/2013 - 09:25 | Link to Comment SteveGennisonBa...
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Its easy to find a few bad apples.  Its like me digging up KKK photos and saying it represents all the US.  I like you HH, but dont cherry pick.

Mon, 10/14/2013 - 09:33 | Link to Comment hedgeless_horseman
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What "bad" apples are you talking about?  If I were to make any disparaging comments about any group, they would likely be directed at the pan-European globalist cock-sucking faux-communist fascists that Nigel loves to rip on, despite being bought and paid for by some of the very same.

Mon, 10/14/2013 - 09:36 | Link to Comment SteveGennisonBa...
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The bad apples in the photo.  They look like Croats to me.  

Mon, 10/14/2013 - 09:43 | Link to Comment Pure Evil
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Either the flag is backwards or these are just back-ass-wards Nazis.

Someone needs to tell them the Nazi Swastika faces the other way.

Or, quite possibly, its just the Croats.

Mon, 10/14/2013 - 09:49 | Link to Comment Rubicon
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Dyslexia rules ko

Mon, 10/14/2013 - 10:16 | Link to Comment Manthong
Mon, 10/14/2013 - 10:30 | Link to Comment Manthong
Manthong's picture

"back-ass-wards Nazis"

Fixed'em for ya.

Croat’s

 

Mon, 10/14/2013 - 11:41 | Link to Comment Keyser
Keyser's picture

Or it could be from the origin of the symbol, which dates back over 3000 years and is used in the Buddhist and Hindu religions.  It is still backwards though. 

 

Mon, 10/14/2013 - 12:08 | Link to Comment MillionDollarBogus_
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The same Nigel Farage who claims the north polar ice cap is getting bigger..??

Right...  http://www.foxnews.com/world/2013/08/16/new-shipping-route-shows-china-arctic-ambitions/

Mon, 10/14/2013 - 14:16 | Link to Comment TPTB_r_TBTF
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He was just quoting scientists:

 

As a result, 2013 saw substantially more ice at summer’s end, compared to last year’s record low extent.

 

National Snow and Ice Data Center

 

edit:

On the other hand,

 

here is positive proof of global warming.

Mon, 10/14/2013 - 10:27 | Link to Comment MachoMan
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My brother Bilo, he retard

Mon, 10/14/2013 - 10:14 | Link to Comment Kirk2NCC1701
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Nonetheless, I bet you didn't know that (1) there were more Croatians per capita in the SS than any other non-Germans (aside from Austrians), and that (2) they killed more fellow-Catholics than Jews.

Mon, 10/14/2013 - 10:23 | Link to Comment Wolferl
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(1) Austrians ARE Germans. (2) They killed almost ALL of the Jews in their territory, who were not smart enough to get out early.

Mon, 10/14/2013 - 13:38 | Link to Comment TPTB_r_TBTF
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That is what happens

 

when Jews declare War.

Mon, 10/14/2013 - 15:20 | Link to Comment Kirk2NCC1701
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Don't want to get bogged down in the weeds, but Germany is a political union of various Germanic tribes (Allemannen, Bavaren, Franken, Sachen, Teutonen...).  Hitler considered himself as "German" (of German ancestry), even though he was an Austrian citizen from the Austria-Bavaria border region.

Austria is a political entity that's left over from the Hapsburg dynasty of the Austro-Hungarian empire.  Many Austrians considered themselves as "German", but many/most did not.  These days they almost all consider themselves "Austrian", not "German".  In fact, Germans have plenty of "Austrian" jokes, which imply that they're not too swift or that they are Hillbillies.  And Austrians have plenty of German jokes.  But then, all European countries have jokes about other countries.

I do agree with you on your second point though.  There were far more Austrians in the SS than there were Germans, on a per Capita basis.  It was also ironic that although most of these were "Catholic" (as was Hitler himself), that they killed fellow Catholics by the millions.  Records show that approximately just as many or slightly more Catholics were killed than were Jews.  But that is a separate topic, and I digress.  Sorry.

Mon, 10/14/2013 - 11:16 | Link to Comment Zero Debt
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Hitler issued debt-free and interest-free money through bills of exchange, called Labor Treasury Certificates. It was not backed by gold but by labor. The currency had no debt and no inflation. Germany went from being the poorest nation in Europe to the richest in five years. It built the world's first super highway with this monetary system. This made Hitler very popular. Hitler created his own money. Some very powerful people did not appreciate this development.

Mon, 10/14/2013 - 11:47 | Link to Comment Bendromeda Strain
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Anybody with unquestionable power can create a fiat system and point to its early success. Mass confidence and mass psychosis can share the opposite sides of an irredeemable piece of paper. It ALWAYS comes with an expiration date.

Mon, 10/14/2013 - 11:52 | Link to Comment Joe A
Joe A's picture

and wipe out the Jews, Serbs and Roma in the meanwhile just like in WWII. Or expell the few Serbs left that still live there after the Yugoslav war of the 90s

Mon, 10/14/2013 - 09:08 | Link to Comment LawsofPhysics
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Croatia is simply paying their dues for club membership (to germany of course).  Who would be stupid enough to join such a club?

Mon, 10/14/2013 - 09:32 | Link to Comment Jack Sheet
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like Farage says, certainly not the politicians, bureaucrats and big business interests, who are all going to become filthy rich with their snouts in the troughs in Brussels.

Mon, 10/14/2013 - 09:08 | Link to Comment Sudden Debt
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dumb fucks...

Mon, 10/14/2013 - 09:09 | Link to Comment Devotional
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When you enter the EU, it is the EU that defines Economic policy. They dictate the rules with no questions asked. It is amazing how this central planning and blind allegiance is adhered to. Why can't my own country define its own economic and trade policy? Why?

Mon, 10/14/2013 - 09:11 | Link to Comment Teddy Tenpole
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Nigel Farage, you rock!!!  Dirty f n Germans have taken over Europe again. 

Mon, 10/14/2013 - 09:31 | Link to Comment Keyser
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Can they help it if they're smarting than the average European? I think not. 

Mon, 10/14/2013 - 13:31 | Link to Comment TPTB_r_TBTF
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only the Germans can provide Führung.

Mon, 10/14/2013 - 09:15 | Link to Comment cossack55
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Send in the Serbs!

Mon, 10/14/2013 - 09:36 | Link to Comment Escapedgoat
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Noooooo!!!!!!

 GET THE GREEKS OUUUUUUUUUUUUUUUT.

and leave  the rest of the Masohists in.

Mon, 10/14/2013 - 12:13 | Link to Comment Joe A
Joe A's picture

If you think the Croats are screwed, the Serbs will be even worse off because unlike Croatia they had the nerve to stand up against the international community and their plans to carve up Yugoslavia.

Mon, 10/14/2013 - 09:18 | Link to Comment NOZZLE
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Farage was of course correct.  But the idea that you could integrate a country populated by Nazi collaborating Christian and Jew killing filth into civilization is beyond me.

Mon, 10/14/2013 - 10:21 | Link to Comment Testudo321
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So... em.... why is France in the EU ?

Mon, 10/14/2013 - 14:38 | Link to Comment Analyse2
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@Testudo321

I think it is a real shame that most Americans get their "History" from Cartoons

Here are the true figures.

In most occupied countries, the Jews have nearly been exterminated.

In France, only (if we may say) 26% of the Jews have been deported (mainly to Germany) and killed.

Most of the Jews succeed to survive in France thanks to the active and passive resistance of a large part of the French population - despite a certain number of collaborators (who existed in every occupied country).

Consequently, France is now, by far, the country in Europe with the largest Jewish community (more than 600 000) representing 1% of the population.

To be precise, here is the part of the Jewish population victim of the shoah by country:

Poland 90%

Germany and Austria 90%

Baltic countries 90%

Bohemia 89%

Slovakia 83%

Greece 77%

Netherland 75%

Hungary 70%

Belgium 60%

Yugoslavia 60%

Romania 50%

Norway 41%

France 26%

http://en.wikipedia.org/wiki/The_Holocaust

And to kill all these prejudices, we can add that, in France, the LVF (Legion Volontaire Francaise), the French volunteer army that the Germans tried to organize, was a gigantic flop:

Only a division was supplied to the German army, whereas the Netherlands (with a 4 times less important population) supplied 2 divisions.

 

 


Tue, 10/15/2013 - 12:37 | Link to Comment Testudo321
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@Analise2

I didn't name France (in a rather cynical example) because of the prosecution and killing of  Jews, but because of the collaboration with the Nazis.

Both countries had puppet governments installed after they were steamrolled by the Nazis - the Vichy government in France and NDH government in Croatia.

And yet this seems only to be a problem (or  a stain on their national history) for the Croats and not for other "civilized" members of the EU.

Tue, 10/15/2013 - 14:32 | Link to Comment Analyse2
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@Testudo321

You are right, but to explain this difference, maybe there is a reason, another face of the medal, which name is "French Resistance". To give some examples:

- 58,000 Free French troops have been killed fighting the Axis,

- Internal French Resistance had 20,000 deaths + 20,000 deaths in deportation.

- 3500 French pilots served in the RAF

- 100,000 French troops participated with success (under General Juin) to the 1943 Italian campaign.

- 6 Free French divisions did contribute hugely to the Provence landing (under General De Lattre de Tassigny).

- In 1945 the Allied Forces on the west front consisted in:

US: 45 divisions -  UK: 12 divisions -  France: 9 divisions -  Poland: 1 division.

Apart from the puppet government based in Vichy, there was a free government based in London under the authority of General De Gaulle.

 

 

 

 

 

 

 

Mon, 10/14/2013 - 09:19 | Link to Comment Dr. No
Dr. No's picture

Maybe the did lose exports.  But now they are part of the club and have all their gov bonds purchased no questions asked.  Croatia, start your deficit spending engines!!!

Mon, 10/14/2013 - 09:21 | Link to Comment SteveGennisonBa...
SteveGennisonBallWasher's picture

I was in Croatia several times recently, he is so right about no debates.  I talked to many Croats about joining the EU, and to be fair, the average person did view it as "we need this", because it made them feel as if joining legitimized the country.  I didnt get it.  But you can see how media can easily control the minds of most people in a country.

Mon, 10/14/2013 - 09:33 | Link to Comment LeisureSmith
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The power of PR. BRUSSELS--The European Union is searching for a roster of PR agencies to help make the case for enlargement, backed by an eye-catching €20m budget. (probably much more)

http://www.holmesreport.com/news-info/10582/EU-Readies-20m-PR-Budget-To-...

Mon, 10/14/2013 - 10:42 | Link to Comment ThirdWorldDude
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OTOH, media funding in propagating that same goal is virtually unlimited since all the large lamestream presstitutes around the place are owned by Boyz from Da Club with large stakes in the creation of a future Eurasia (which, of course, shall always be at war with Oceania and Eastasia).

Croatia like every other Balkan country has a small alternative media operating from the underground  (mostly urban guerilla efforts like this one) surviving without any funding, which is the reason behind even established alternative media sources (like The Feral Tribune) shutting down after a while. There are many awake Croats, mostly young ones, and the reason why they don't protest against what's going on is, as a young man in Zagreb told me last year, because they saw this as a great opportunity to get their University diplomas validated all over Europe and emigrate to Germany without needing a bloody visa.

Mon, 10/14/2013 - 09:25 | Link to Comment NOZZLE
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Croat scum probably lied about their finances to gain entry.

Mon, 10/14/2013 - 09:53 | Link to Comment mvsjcl
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My thoughts exactly, a la Greece.

Mon, 10/14/2013 - 09:58 | Link to Comment Non Passaran
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That goes without saying. Who doesn't lie today?

But don't forget that it doesn't matter (yet). They joined the EU, however not yet eurozone. In case they keep lying for a while longer they'll qualify to switch to the euro.

Mon, 10/14/2013 - 09:25 | Link to Comment thecoloredsky
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Nigel said Herman Von Rompoy has the charisma of a damp rag. This guy could do standup I think.

Mon, 10/14/2013 - 09:43 | Link to Comment Escapedgoat
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I think to be fair Nigel Farage UNDERSTATED the facts.

Mon, 10/14/2013 - 11:47 | Link to Comment Keyser
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It is standup. Nigel is so outrageous when he speaks it's hard not laugh at his antics.

 

Mon, 10/14/2013 - 12:04 | Link to Comment Winston Churchill
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Pretty low key by UK parliament standards.By Brussels standards, he is  outrageous.

Which says far far about Brussels than Nigel.

Mon, 10/14/2013 - 12:13 | Link to Comment Ghordius
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well, he gets elected to the EU parliament but UKIP has some difficulties to get a seat in Westminster. what does this say about Westminster?

Mon, 10/14/2013 - 12:21 | Link to Comment Winston Churchill
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The UK does not have proprtional representation like most of Europe.

Its a two party club, just like the US, and Nigel isn't a member.

Mon, 10/14/2013 - 09:27 | Link to Comment LeisureSmith
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Bribing and coercing national politicians to sell out their country. The EU way.

Mon, 10/14/2013 - 09:32 | Link to Comment Keyser
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I love Farage. When I need a chuckle I watch utube videos of Farage ripping the EU Parliment a new ass. 

Mon, 10/14/2013 - 09:45 | Link to Comment Peter Pan
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Everyone should understand that Germans do not dance......they only march...

Mon, 10/14/2013 - 09:48 | Link to Comment Racer
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To vote for Farage is to use your vote as opposed to all the other rubbish

Mon, 10/14/2013 - 09:53 | Link to Comment Peter Pan
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The Croatians should celebrate while they still have any exports at all.

Multinationals to next move in and buy anything they deem worth buying.

Mon, 10/14/2013 - 10:11 | Link to Comment DeliciousSteak
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As if that didn't happen already. The whole collapse of Yugoslavia ordeal was planned and meant to break it into nice bite sized markets for easy exploitation. I think there's a word that almost catches what happened.. Oh right, Balkanization. Yugoslavia was a pain in the ass and difficult to deal with for the west, until the commies fucked things up like they usually do. And now the western breed of commies is taking over.

Mon, 10/14/2013 - 12:19 | Link to Comment Joe A
Joe A's picture

Yugoslavia was not a pain in the West's ass at all. Yugoslavia formed a nice buffer zone against the Warschau pact because Tito had broken with Stalin. Alas for Yugoslavia, their purpose disappeared when the Berlin wall fell and then plans to break it up went into action. Now Socialist economy is fucked up because it is inefficient. So is Capitalist economy but they always had access to unlimited credit which got us where we are now.

Mon, 10/14/2013 - 10:21 | Link to Comment Kirk2NCC1701
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In spite of their sense of "nationalism", Croatians are sheeple and will do what the Church of Rome tells them.

We've seen this movie before in neighboring Slovenia:  Once the Neocons (crypto-Fascists) got into power, the first thing they did was to give the Church back the vast estates and properties that were taken away after 1945.  This made the Church the largest property owner -- overnight.  It did nothing for the country or the faithful sheep, but it made the Church of Rome rich.

So, you don't need to be a political genius to figure out who's pulling the strings behind the scenes:  (1) the Church and Fascists, (2) Politicians and (3) their sponsors --> foreign banks, looking to wrap their wealth-extracting, Debt-injecting tentacles around them.

Stupid Sheep!

Mon, 10/14/2013 - 10:21 | Link to Comment Iam Yue2
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House prices -20% y/y to boot.

Mon, 10/14/2013 - 10:44 | Link to Comment Kirk2NCC1701
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Yeah, and I'll bet that the Croatian-made 9 mm Springfield handguns will not be cheaper or more plentiful.

Oh, and I recall that property ownership in Croatia was forbidden to foreigners.  Now that they're in the EU, all the prime real estate will be bought up with confetti wealth.

People of Croatia, meet your new Masters.  They're the same old feudal Masters:  Feudal Lords, the Church of Rome, and vampire-squid Bankers.

Mon, 10/14/2013 - 10:46 | Link to Comment rustymason
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When is the right going to finally stand up against all this nonstop leftist globalist tyranny?

Mon, 10/14/2013 - 10:53 | Link to Comment Escapedgoat
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There is NOT left and right . Only might is right. Wake up mate. Its us victims, against our Rapists.

Mon, 10/14/2013 - 11:48 | Link to Comment Ghordius
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come on, what's this? the Charge of the Light Brigade?

there is nothing prophetic about Nigel Farage's word. he is just describing the accession process - which went on as expected in Brussels and in Croatia - in a way to score a few cheap points

what is this "Central European Free Trade Agreement (CEFTA)"? Simplified, it's a whole range of agreements so that accession to the EU common market is as smooth as possible, in the sense that the accessing countries can build up some export capabilities to the common market before the common rules are established and the international competition is allowed into the accessing country

so this "exports fell down" is from a high, special, agreed and provisional level. the whole thing is further complicated by the fact that by accession to the EU, you lose the easy ties inside CEFTA, which in the case of the ex-Yugoslavian countries are stronger. Yet without EU, there would not be a CEFTA in this way at all. we have made similar experiences starting with Poland 1992-2004, for example, and going through the whole list of the easterner which are joining. if you look up in wiki you'll see that this list is still full of next accessing members

Nigel Farage is among the guys that want global free trade, not the EU. what the EU is doing is regional free trade

it's completely hypocritical from him to take this angle, then if it would be in his power, he would take down all trade barriers, and create even greater "hits" then this one, all for the greater glory of the financial powers that he represents. 'cause he hates the EU for it's regulations on banking first, second and third

just wait until Cameron with further his call for the TransAtlantic Free Trade agreement he and Obama want so badly and watch what Farage will say

Mon, 10/14/2013 - 12:05 | Link to Comment Dre4dwolf
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Joining the Euro is bad for trade.

Mon, 10/14/2013 - 12:10 | Link to Comment Ghordius
Ghordius's picture

did Croatia join the EUR? no

Mon, 10/14/2013 - 12:25 | Link to Comment Joebloinvestor
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Wait till they experience a "bail in".

Mon, 10/14/2013 - 13:01 | Link to Comment Trucker Glock
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I figured their only export was Springfield handguns and they took a hit on the XD-S recall.

Mon, 10/14/2013 - 14:22 | Link to Comment ImnotPOTUS
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Self serving EUcrats always are ready to have you sell your soul to them.

Young Croatians voted yes in order to get out under the cover of an EU passport that gets you to a lot more places with less hassle than before. They think getting work or diplomas someplace else is a better choice. None of them see any good prospects for staying home. The only ones that make it big are the ones that bribe, steal or cheat their way to the top of a very small pyramid. They travel the world now from Fall to Spring then go home to work on the coast for the summer. If everything is going to pot, you might as well take the opportunity and see where it takes you. Croatians have been vagabonds for a long time, there are more of them spread over the whole planet. 

Old people voted to make sure they keep getting some kind of entitlement. They don't have much longer to go, so get it while you can. These old timers are going onto their fourth or fifth regime change in their lifetimes.

The majority of Croatians that are pissed off about joining the Eu are the ones that already left when the last cabal of self serving YUcrats did the same things before. And the ones before that one and the ones before that one and on and on and on it goes down back history. The knot on the tug of war rope between the East and the West has been dragged all over the Balkans for millennia. Nothing changes for the people except the names and the logos the "bosses" go by.

Everyone loves to point fingers and shame at Croatians and Serbs for what has transpired already, but the truth is History does not repeat itself, it rhymes. Last time the first act of the great wars started in Sarajevo and quickly consumed the world. This time the fuse has been dragged out on a very long leash. Everyone in Europe, on all sides are quick to kick dirt in the faces of and wag fingers at Croatians or Serbs for being wicked people. But these very same folks who cast their stones are the ones banning Hi-jabs, passing legislation to force immigrants to assimilate and mandating all manner of so called "civil" behavior.

Well it will be real hard to guess that when the printing party is over and someone needs to point the blame, all of "civil" Europe will need to find a scapegoat. And this time it will be the Muslims who will take the wrap for everything that went wrong with greed. Everyone needs a scapegoat when things go pear shaped and if you thought what happened in Bosnia was bad, you are in for a shock when the hypocrites running Europe need to appease the angry mobs in the streets.

Mon, 10/14/2013 - 15:31 | Link to Comment Kirk2NCC1701
Kirk2NCC1701's picture

This also means that Croatia will join NATO.  Bullish for needing more fiat USDs.  Makes the Fed smile.

Probably makes Springfield Arms smile also, as their Croatian-made 9 mm XD(M) handguns (a fine weapon that I also own) will likely become part of the Croatian Army.  If they aren't already.

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