This page has been archived and commenting is disabled.

Violent Extremism & Europe's Economic Hardship

Tyler Durden's picture




 

Excerpted from Paul Singer's Elliott Management letter to investors,

CLASH OF CIVILIZATIONS?

Saudi Arabia has generally aligned its energy and foreign policy with that of Europe and the U.S. (except, of course, for the periodic bouts of engineered price collapses, as described before). However, although it has lavished its citizens (which are relatively few in number for a country of its size) with lots of benefits, it has also funded and encouraged the spread of Wahhabism, its religious ideology and institutions. This sect of  slam has been followed by many of today’s Islamist terrorist groups and individuals, even as the Saudi government itself now opposes many of those same groups. ISIS is just the most recent example of an extremist religious organization that manipulates a version of Islam to use as its basis for obtaining and maintaining political power.

It should not be forgotten that other religions and religious ideologies have gone through periods when murderous, highly motivated vanguards went rampaging through other countries and people in their quests for power and submission. But the current episode has people around the world wondering about the scope of this problem. It is surely not isolated criminal activity, but is it really a clash of civilizations? There is a great deal of ideological territory between these two concepts.

Even if it is the latter, large earth-shaking ideological movements always contain layers of varying motivation and savagery. The super-violent tip of the spear is always a minority, and the power of its leadership determines the size of that spear tip, its motivational power for its legion of warriors, the quality and depth of support by the next layer and the buy-in of the great mass of relatively passive members. The twin questions that should concern us are: what is this struggle really about, and how should the West (or better Western liberalism) respond to it?

There are no obvious answers, but there will be milestones as events unfold. Obviously, the Middle East is in chaos even without regard to the struggle between Israel and several of its neighbors. We do not see many clues in the Middle East that lead to answers about the ultimate nature of the struggle. Outside of the Middle East, particularly in Europe, there are a number of countries in which radicalized elements of the Muslim population are not only rejecting some of the basic tenants of liberal democracy (freedom of speech, freedom of religion, gender equality etc.) but are actively working to replace those ideas with opposing values and their own independent Sharia-based legal systems.

Europe consists of a number of different countries, in which different Muslim (largely immigrant) populations hold varying levels of buy-in to the European or national cultures of the countries in which they live. At the moment, France is the center of attention, given the recent massacres there, but additional episodes will likely occur elsewhere. At present we cannot fathom whether the greater risk for France (and the other nations of Europe which have significant Muslim immigrant populations) is under-reaction or overreaction to the threat of radical Islamists. The French response will be interesting and informative, but it will be difficult to design an effective strategy that will not ultimately embolden the Islamists. The rest of Europe, and indeed the world, will be watching closely.

Economic hardship is another piece of the puzzle governing the extent to which violent extremism takes hold of societies. Europe, in part because of the unintended (but entirely predictable) effects of the euro currency union, is in its seventh year of economic stagnation. Unemployment and underemployment are high, especially among the region’s youth. This economic environment is a foul ground in which anger and racial, religious and ideological hatreds flourish.

Such an environment does not constitute firm ground on which a strong economic recovery can be based. Jews (the populace which often bears the brunt of an upsurge of xenophobia and societal anger) are leaving France in sizeable numbers, and will continue to do so if they do not feel safe and protected. A similar scenario may also result in other countries as well.

If terrorism and the concomitant struggle between radical elements of Europe’s Muslim populations and the states within which they reside intensifies, do you think that business expansion will be hampered, canceled or just not planned? We think the answer lies somewhere on that spectrum.

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Sun, 02/08/2015 - 22:20 | 5760495 knukles
knukles's picture

Fuck yeah.  Duh. 
Cold, hungry, starving, unsheltered, people tend to get a bit testy at times.

Sun, 02/08/2015 - 22:24 | 5760508 The_Prisoner
The_Prisoner's picture

But the jews, and no one else, must be protected, you see?

 

Sun, 02/08/2015 - 22:28 | 5760521 JungleCat
JungleCat's picture

The tribe no longer have a patent on banksterism. All you need to be in a greedy SOB with a "let them eat cake" attitude.

Sun, 02/08/2015 - 22:33 | 5760537 TeamDepends
TeamDepends's picture

Give a man a fish, he lives a day. Teach a man to live on the dole, and YOU feed him for life.

Sun, 02/08/2015 - 22:36 | 5760546 Yen Cross
Yen Cross's picture

 History much?

Sun, 02/08/2015 - 22:50 | 5760577 NidStyles
NidStyles's picture

What about history?

Sun, 02/08/2015 - 23:01 | 5760587 Bangalore Torpedo
Bangalore Torpedo's picture

It's likely Yen cross's/and/or Prisoner's (can't tell due to nebulous commentary) own version of history: the one where 4 million Jews never died at the hands of the Germans...see...that history.  But hey, who am I to judge...I'll let Yen cross/Prisoner answer your query, just don't hold yer breath.  Whenever ZHers are asked tough questions or are asked to provide evidence, for some STRANGE reason, they seem to clam up.

Sun, 02/08/2015 - 23:13 | 5760625 Yen Cross
Yen Cross's picture

 Camels and Swords conquering North Africa.

 Walter Reed has a warm bed waiting for your situation.

Sun, 02/08/2015 - 23:23 | 5760644 NidStyles
NidStyles's picture

I think someone should make a Star Wars parody called "Jew Wars".

Sun, 02/08/2015 - 23:33 | 5760666 Escrava Isaura
Escrava Isaura's picture

 

 

“Once one enters the realm of misinformation, you become lost in the land of make believe” Bill Mitchell

 

World Jew Population in 2012 = 13,859,800

Living in the European Union = 1,105,700

 

So, my take is: It’s unlikely there were 6 million Jews in Europe in 1930’s.

 

http://en.wikipedia.org/wiki/Jewish_population_by_country#Countries_and_Territories

 

Sun, 02/08/2015 - 23:56 | 5760717 Bangalore Torpedo
Bangalore Torpedo's picture

Now that has to be THE most mathematically challenged response I've EVER heard on ANY blog!  So here's your decrepit logic:

 

Start at 2012 and then do NOT work backward....EXCELLENT...BRAVO!

 

I rest my case!

Mon, 02/09/2015 - 00:11 | 5760749 Escrava Isaura
Escrava Isaura's picture

 

 

Bangalore Torpedo

Sorry, I have no clue of what you are trying to say.

So, you can not rest your case, yet.

 

Mon, 02/09/2015 - 00:43 | 5760806 dexter_morgan
dexter_morgan's picture

http://www.ushmm.org/wlc/en/article.php?ModuleId=10005276

According to the census of June 16, 1933, the Jewish population of Germany, including the Saar region (which at that time was still under the administration of the League of Nations), was approximately 505,000 people out of a total population of 67 million, or somewhat less than 0.75 percent. That number represented a reduction from the estimated 523,000 Jews living in Germany in January 1933; the decrease was due in part to emigration following the Nazi takeover in January. (An estimated 37,000 Jews emigrated from Germany during 1933.)

http://www.ushmm.org/wlc/en/article.php?ModuleId=10005143

In 1933, the Jewish population of Europe stood at over nine million. Most European Jews lived in countries that Nazi Germany would occupy or influence during World War II. By 1945, the Germans and their collaborators killed nearly two out of every three European Jews as part of the "Final Solution," the Nazi policy to murder the Jews of Europe. Although Jews, whom the Nazis deemed a priority danger to Germany, were the primary victims of Nazi racism, other victims included some 200,000 Roma (Gypsies). At least 200,000 mentally or physically disabled patients, mainly Germans, living in institutional settings, were murdered in the so-called Euthanasia Program.

 

Apparently there were 9 million Jews in Europe in 1933, but only 500k in Germany, of which 2/3 of the 9 million were killed by the Nazi's. Not sure the breakdown of where the other 8.5mill were located in Europe.

 

Mon, 02/09/2015 - 12:07 | 5762071 Relentless
Relentless's picture

Why is it that everyone always says it was 6 million Jews who died? It is well known and documented (by the Germans themselves) that it was 6 million *people* of whom the Jews comprised about a quarter. The rest were Slavs, Gypsies, gays, blacks, the mentally and physically disabled and political opposition members. The Jews weren't even in the majority, yet somehow everyone says it was 6 milion Jews.

Mon, 02/09/2015 - 23:35 | 5764905 dexter_morgan
dexter_morgan's picture

Link, or ref doc would be helpful

Sun, 02/08/2015 - 23:03 | 5760604 The_Prisoner
The_Prisoner's picture

I'm not denying anything. I'll leave that to those who tilt at windmills and dare go against the holpcaust industry.

What I'm saying is why only Jews deserve protection? If you accept that premise, you accept that they help themselves to your person and property. As that history which you mention seems to indicate they are inclined to do.

You cannot invoke history and pick-and-choose. Unless you're a pick-and-chosenite. ;)

Sun, 02/08/2015 - 23:09 | 5760616 Silver Bullet
Silver Bullet's picture

The Jews were almost exterminated less than a hundred years ago.....and now live surrounded by people who hate them and greatly outnumber them.
(I know, I know, this is just a bunch of liberal MSM propaganda)

Sun, 02/08/2015 - 23:15 | 5760628 NidStyles
NidStyles's picture

According to the Zionists there was a holocaust during world war 1 as well. How many times can they lose 6 million of "their people" before they go extinct?

 

Sun, 02/08/2015 - 23:19 | 5760639 The_Prisoner
The_Prisoner's picture

6 million is the statistical error. As in the number of killed by the holocaust were 6 million +-6 million

 

Sun, 02/08/2015 - 23:20 | 5760641 NidStyles
NidStyles's picture

It amazes me that so many people simply can't get past the logical issues with that story.

Sun, 02/08/2015 - 23:26 | 5760650 Self-enslavement
Self-enslavement's picture

Six million. I believe them. That is, I believe that six million of them would lie.

Sun, 02/08/2015 - 23:41 | 5760683 The_Prisoner
The_Prisoner's picture

If the Jews become protected, who will protect you from the Jews?

We are all Palestinians now.

Mon, 02/09/2015 - 07:52 | 5761200 HowdyDoody
HowdyDoody's picture

https://www.youtube.com/watch?v=Dda-0Q_XUhk

From 1915 to 1938, a selection of articles from10 major newspapers carried reports that 6 million Jews were under threat.

The Sun 1915 "6 million Jews, one half of the population throughout the world, are being persecuted. ... Dear brethren have mercy on the 6 million Jews in Russia."

New York Times 1918 "6 million souls will need help"

New York Times 1919 "6 million souls in Ukrainia and Poland have received notice through action and by word that they are going to be completely exterminated"

New York Times 1919 "The successive blows of contending armies have all but broken the back of European Jewry and have reduced to tragically unbelievable poverty, starvation and disease about 6 million souls, or half the Jewish population of the earth"

Atlanta Constitution 1920 "He [Mr Fred Rusland] called upon Atlanta Jews ... to contribute to the emergency fund in order that the lives of 6 millions of Jewish people may be saved. ... He [Rabbi Marx] drew a graphic picture of the starvation and suffering of the 6 million Jews who live in eastern Europe and Palestine and reviewed the persecution they have undergone ... for almost a century. Thousands and thousands of our people have died of pestilence and thousands more will die"

New York Times 1920 "The fund for Jewish war sufferers in Central and Eastern Europe, where 6 millions face horrifying conditions of famine, disease and death was enriched by a contribution of $100,00 from Nathan Straus"

New York Times 1921 "Russia's 6 million Jews are facing extermination by massacre"

Montreal Gazette 1931 "Bad conditions in South Eastern Europe reported by Rabbi Wise: Fears crisis at hand: 6 million Jews in eastern Europe face starvation and even worse during the coming winter. ... Dr Wise said that the Soviet Government was alive to the predicament of the Jewish residents and was co-operating to the best of its ability"

New York Times 1936 "Americans appeal for Jewish refuge: ... The petition, in expressing the opinion of enlightened Christian leadership in the United States, favoring a larger Jewish immigration into Palestine, stressed the unbelievable sufferings of the millions of Jews in 'the European holocaust'."

New York Times 1938 "'Jewish Tragedy Pictured': A depressing picture of 6 million Jews in Central Europe deprived of protection or economic opportunities, slowly dying of starvation, all hope gone, was presented by Jacob Tarshis ... The 'Jewish tragedy' started when Hitler came into power in 1933"

The '6 million' figure is remarkably persistent, as is the detail that it represents half the world's population of Jews.

 

 

 

 

Sun, 02/08/2015 - 22:44 | 5760552 Yen Cross
Yen Cross's picture

 dup/ linux

Mon, 02/09/2015 - 00:09 | 5760746 dexter_morgan
Mon, 02/09/2015 - 06:46 | 5761158 supercelld
supercelld's picture

I'm making over $7k a month working part time. I kept hearing other people tell me how much money they can make online so I decided to look into it. Well, it was all true and has totally changed my life. This is what I do... www.globe-report.com

Sun, 02/08/2015 - 22:30 | 5760520 JungleCat
JungleCat's picture

Yes, I think "business expansion will be hampered". I am from Europe - not that this makes me an expert or anything

Sun, 02/08/2015 - 22:42 | 5760535 A Lunatic
A Lunatic's picture

The status quo needs to be turned on it's head. If that is called extremism so be it.........

 

This word 'extremism' is very loaded and very dangerous, which is why it's thrown about so carelessly by the MSM and governments around the world. They want the public perception of extremism to eventually be the same for Islamist extremists/terrorists/murderers and those who seek freedom from tyrannical/evil forces both here and abroad.......

Sun, 02/08/2015 - 23:56 | 5760716 samsara
samsara's picture

 

They want the public perception of extremism to eventually be the same for Islamist extremists/terrorists/murderers and those who seek freedom from tyrannical/evil forces both here and abroad.......


Yes, Subliminal programing.  The two will be synonymous.

Sun, 02/08/2015 - 22:38 | 5760550 buzzsaw99
buzzsaw99's picture

hogwash, all of it.

Sun, 02/08/2015 - 22:40 | 5760556 dexter_morgan
dexter_morgan's picture

No history buff, but don't recall hearing about a lot of violent extremism during the 'Great Depression'. Of course we didn't have 80 years of ZWO types dumbing people down preceeding it I suppose.

Sun, 02/08/2015 - 22:40 | 5760559 Big Corked Boots
Big Corked Boots's picture

No shit, Sherlock.

Sun, 02/08/2015 - 22:41 | 5760561 Jack Burton
Jack Burton's picture

Some might say the Bankers are the violent extremists. Given what they have done over the last decade in particular.

Sun, 02/08/2015 - 22:47 | 5760573 TheFourthStooge-ing
TheFourthStooge-ing's picture

Jack Burton,

this is off topic but I wanted to make sure you saw this pic of Natalia.

http://colonelcassad.livejournal.com/2019406.html

Sun, 02/08/2015 - 22:53 | 5760581 Bangalore Torpedo
Bangalore Torpedo's picture

This likely accounts for why I see all of the "Putin Putin he's the man...if he can't do it nobody can...blah blah blah" on this site.

Sun, 02/08/2015 - 23:07 | 5760613 Silver Bullet
Silver Bullet's picture

Dude, what are you doing????
You can't defend the Jews and talk bad about Putin on ZH!!!!
Haven't you learned anything??????

A man will be down voted into oblivion for sticking up for a minority around here!

Sun, 02/08/2015 - 23:19 | 5760636 NidStyles
NidStyles's picture

Define minority please.

Sun, 02/08/2015 - 23:18 | 5760638 NidStyles
NidStyles's picture

Define minority please.

Mon, 02/09/2015 - 07:51 | 5761196 Cloud9.5
Cloud9.5's picture

White people.

Sun, 02/08/2015 - 23:21 | 5760642 forwardho
forwardho's picture

Evil flourishs when good men say nothing. It matters not who speaks the truth, only that it is spoken .

Mon, 02/09/2015 - 00:00 | 5760729 Bangalore Torpedo
Bangalore Torpedo's picture

Yes, indeed I see that!  Like I care!  Here's the things I have in common with the ZH crowd:

1) PMs are real money

2) The US Sucks

 

Things I differ with ZH crowd:

1) The US sucks but the genocidal and war raging tribe outside of the US (historically speaking) sucks WORSE.  Russia and China are MASTERS at genocide and war.

2) All bankers are crooked, but most bankers are NOT Jews

Mon, 02/09/2015 - 00:19 | 5760776 Iwanttoknow
Iwanttoknow's picture

Are you the mosad station chief in Bangaluru?

Sun, 02/08/2015 - 22:49 | 5760576 A Lunatic
A Lunatic's picture

The problem has become that so many are so ignorant and reliant upon the current system of things they almost have to believe any ideas that threaten the status quo are evil. I know a great deal about addictions and I can tell you people will do almost anything other than what must be done to break free from their cycle of addiction and pain. They would rather stay on a path that will certainly kill them rather than face the unknowns......

Sun, 02/08/2015 - 22:56 | 5760588 Niall Of The Ni...
Niall Of The Nine Hostages's picture

Given that modern warfare would not be possible without banksters, yes.

 

Sun, 02/08/2015 - 22:51 | 5760575 Bangalore Torpedo
Bangalore Torpedo's picture

"Jews (the populace which often bears the brunt of an upsurge of xenophobia and societal anger) are leaving France in sizeable numbers, and will continue to do so if they do not feel safe and protected."

 

Now that's a comment that will likely get you electronically down-tazed by the ZH Jew hater crowd!  Better watch out there Paul!

Sun, 02/08/2015 - 22:58 | 5760595 Niall Of The Ni...
Niall Of The Nine Hostages's picture

One of the dirtiest tricks ever played by the banksters (most of whom have no Jewish blood and none of whom have any God but money) was making the Jews their fall guys.

Sun, 02/08/2015 - 22:59 | 5760596 Bangalore Torpedo
Bangalore Torpedo's picture

AND THERE YOU HAVE IT! 

Sun, 02/08/2015 - 23:16 | 5760632 Yen Cross
Yen Cross's picture

 I'd say it's safe to suffice, you've expanded your vocabulary {x} 1000% on Zero Hedge?

Mon, 02/09/2015 - 11:14 | 5761141 The.Harmless.Jew
The.Harmless.Jew's picture

 

 

 

Niall Wrote:

"One of the dirtiest tricks ever played by the banksters (most of whom have no Jewish blood and none of whom have any God but money) was making the Jews their fall guys."

 

Well now, hang on a second.... 

 

1. There might be a grain of truth in that statement; however, is it also fair to say that most Banksters are ZIONISTS?  I would suggest so.  In fact, it would support your argument in that the Zionist want the end of the world to come (death of jews except the few that will later see the way etc etc... come on, you know the "prophecy"!) 

 

2. If we're talking about Quantity over Quality, then certainly, most bankers are not Jews.  HOWEVER, if we're talking quality of bankster scum, then tell me:

 

* Who were the money-changers at the temples during Jesus' time?

* Who were the USURY initiators? 

* Who were the Goldsmiths?

* Who were the Rothchilds?

* Who were the Warburgs?

* Who is Alan Greenspan?

* Who is Ben Shalom Bernanke?

* Who is Janet Yellen?

* Who is Stanley Fischer?

* Who is Jacob Lew?

 

You see, the bank manager at a "savings and loans" might be called "O'Donell", "Smith", "Ahmed", "Chung", "Favelli" etc etc etc .... but the ELITE BANKSTER class are the Greenspans, the Yellens, the Rothchilds, the Bernankes and so on and so forth.

 

That's just an indisputable FACT, and this here is ZERO HEDGE - you'll never assert your control in the same way your chosenites have monopolised the mainstream media (if you want proof of that too, I'll get you it within a heartbeat!)

 

Good luck with your day, and don't forget to clean up the hasbara designated desk for the next agent! 

 

Signed with love, 

Harmless.

 

Sun, 02/08/2015 - 23:38 | 5760675 samsara
samsara's picture

 

Now that's a comment that will likely get you electronically down-tazed

Not necessarily.   People could down vote you by just seeing your name and not read what you said...

Jus sayin

 

Mon, 02/09/2015 - 03:23 | 5761028 BolshevikPartyP...
BolshevikPartyPlanningCommitee's picture

Where is the evidence that jews are leaving in sizeable numbers?????

Mon, 02/09/2015 - 07:59 | 5761205 HowdyDoody
HowdyDoody's picture

Secular jews are (or were) leaving Israel in droves. The most popular destination was Germany. Well, the sudden mysterious rise of zombie Nazis in Europe may affect that. God's hand works in mysterious ways.

 

Sun, 02/08/2015 - 23:04 | 5760606 Silver Bullet
Silver Bullet's picture

"This economic environment is a foul ground in which anger and racial, religious and ideological hatreds flourish."

Hey, just like many of the piece's of shit on ZH!

Sun, 02/08/2015 - 23:16 | 5760633 NidStyles
NidStyles's picture

^^^Prime example right there.

Sun, 02/08/2015 - 23:15 | 5760629 headless blogger
headless blogger's picture

You have to ask, why are the Muslims immigrating to these nations all of a sudden? Why would you bother if you are an extremist Muslim who does not believe in freedom of speech or Religion? Only 6% of Western Europe's population is Muslim. Less than 1% of U.S. population is Muslim, yet we consistently have fear mongers talking about sharia law taking over. I think we'd have to have a lot more converts to Islam before that happens. Stange enough, much of the extremist Muslims seem to benefit the Western Elites' for some reason. All the "terror" attacks seem to benefit a small cabal of Western elites and their agenda of a Uni-World (where there really is no diversity). And that's the irony of all of this - while the world celebrates "diversity" and multiculturalism, Diversity itself is being destroyed.

So, back to the question of why are so many "extremists" immigrating to Europe. Well, that question was answered by Barbara Lerner Specter and it was caught on video which you can watch on Youtube. Just search barbara lerner specter. Straight from the horses mouth.

 

Sun, 02/08/2015 - 23:24 | 5760643 John Wilmot
John Wilmot's picture

"This sect of  slam has been followed by many..."

I slam, you slam, we all slam on Islam!

lol

Anyway, on a serious note - No, Islam is no threat to Western Civilization. The threat to Western Civilization is socialism.

Bad news though, socialism is winning. The West is at its last gasp. And if it goes, it makes no difference to me whether the barbarians who inherit the land wear turbans or Che Guevara T-shirts.

Sun, 02/08/2015 - 23:25 | 5760648 The_Prisoner
The_Prisoner's picture

The same Paul Singer who used his money and connections to plunder sovereign contries a-la his fellow George Soros, adds his weight behind the "clash of civilisations" meme started by his budy Rupert Murdoch.

Those are the modern day Vampyres, whom you invite home just to have them sucking your blood.

 

Sun, 02/08/2015 - 23:36 | 5760672 John Wilmot
John Wilmot's picture

So that's why Bret Baier of Fox's "Special Report with Bret Baier" always ends the show by saying "thanks for inviting us into your homes."

Mon, 02/09/2015 - 02:12 | 5760950 Batman11
Batman11's picture

We are following a well trodden path:

1920s/2000s - High inequality, high banker pay, under regulated Wall Street, globalization phase

1929/2008 - Wall Street Crash

1930s/2010s - Global recession, currency wars, rising nationalism and extremism

1940s/ ? - Global war

 

Mon, 02/09/2015 - 09:06 | 5761315 MasterControl
MasterControl's picture

Welcome to zerojew.

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