This page has been archived and commenting is disabled.

"Subsidizing Scroungers" - The Germans Knew How 'Europe' Would End Back In 1997

Tyler Durden's picture




 

In 1997, Arnulf Baring (of the German-British family of Baring bankers) unleashed the following 'Nostradamus'-like prediction of how the euro would end (from a German perspective)...

"They will be subsidizing scroungers, lounging in cafes on the Mediterranean beaches.

 

Monetary union, in the end, will result in a gigantic blackmailing operation.

 

When we Germans demand monetray discipline, other countries will blame their financial woes on that same discipline, and by extension, on us. More they will perceive us as a kind of economic policeman.

 

We risk once again becoming the most hated people in Europe."

It appears that Arnulf pretty much 'nailed it'.

h/t @DanHannanMP and @K_Niemietz

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Wed, 07/15/2015 - 20:36 | 6317723 quintago
quintago's picture

all of it was right, except for the "once again becoming" part.

What did you expect would happen when you gave money you knew wouldn't ever be paid back....

Wed, 07/15/2015 - 20:54 | 6317800 Thirtyseven
Thirtyseven's picture

Wait, when were Germans ever "hated"?  Germans are awesome, though at times they have been swept up in a cyclone of totalitarianism, which to my knowledge has been the bane of human civilization ever since a warlord with a spear decided to call himself a King.

Wed, 07/15/2015 - 21:09 | 6317845 Occident Mortal
Occident Mortal's picture

People dislike Germans because they have a big chip on their shoulder after trying (and failing spectacularly) to subjegated 200 million Europeans. Twice.

They are always overdressed and very anal about things like punctuality and formalities, they have no sense of humour especially when it comes to laughing at themselves.

 

They are assholes. And they always blunder onto the wrong side of history then feel offended when the rest of mankind gets deeply pissed off with them.

 

Germans have zero EQ, they don't seem to realise when they are striding out... right up everyones nose.

 

Their national football team is called "Die Mannschaft", you could not make it up.

Wed, 07/15/2015 - 22:01 | 6318000 Freddie
Freddie's picture

They have been used and murdered by the tribal banksters for hundreds of years.  The banksters profit from endless wars where Christians kill each other or Muslims kill each other or vice versa.

Wed, 07/15/2015 - 23:03 | 6318140 g speed
g speed's picture

that may be true but I'll tell you this ---to a man the German feels superiour to the rest of us--and thats a fact.

Thu, 07/16/2015 - 00:01 | 6318299 Dugald
Dugald's picture

 

Ve haf vays of making you pay....

More than just a joke!!

Thu, 07/16/2015 - 00:50 | 6318404 Confused
Confused's picture

It is funny. The British spend their entire history subjegating people of all colors across the world. The French do the same. The Soviets. And yet, this meme of the Germans being the villans of a civilized world plays on. 

Take note, while the Soviets may have folded, and closed their military installations in Germany, another "Allied" force has not, and has a few remaining. 

Sovereign indeed. 

Thu, 07/16/2015 - 05:15 | 6318605 Ghordius
Ghordius's picture

the old adage is still valid: Vae Victis

Thu, 07/16/2015 - 03:45 | 6318559 Kiwi Pete
Kiwi Pete's picture

So do the Chinese. And the Americans are renowned for it. But you're all wrong!

Thu, 07/16/2015 - 09:00 | 6319079 Apocalicious
Apocalicious's picture

I'm not German, but I feel superior to you.

Thu, 07/16/2015 - 02:04 | 6318492 Ofelas
Ofelas's picture

"They are always overdressed and very anal about things like punctuality and formalities, they have no sense of humour especially when it comes to laughing at themselves."

Agree mainly on the dress, but more from a British point of view not American where sloppy dress seems to be accepted in all wards of life

"Germans have zero EQ, they don't seem to realise when they are striding out... right up everyones nose."

Remind me of Americans in world politics, internally though they do seem to have sufficient EQ to support a welfare state that the US could marvel at

"Their national football team is called "Die Mannschaft", you could not make it up."

They call their national football team "The Team"....wow unlike the Squadaria, or Le Equip or

"And they always blunder onto the wrong side of history then feel offended when the rest of mankind gets deeply pissed off with them."

Now depending on the time scale of "history", I can see two blunders (the second resulting out of the first) in the last 100 years but help me on the "always"! You are referring to the Battle in the Teutoburger Forrest in 9AD? The Anglo Saxon (well where did they come from) invasion of Britain? The Holy Roman Empire of German Nations forced christianisation of babarian tribes? Please elaborate...

 

 

Thu, 07/16/2015 - 03:24 | 6318547 Stimorolgum
Stimorolgum's picture

Occident, I dont know where you come from. But how would you feel if someone had the same prejudice against you?

Thu, 07/16/2015 - 10:09 | 6318553 zvzzt
zvzzt's picture

without trying to be offensive or even unfriendly, have you ever been to Germany? The 'being anal' about things is called: being upright and doing things right (like in Japan wehere things actually are done as promised/advertised). Humour is too personal and culturally specifiec to label it as funny/unfunny as an outsider. As example is the huge difference in US (not funny) versus UK humour (smart and witty). At least, in my eyes. 

Visit Berlin, Frankfurt or preferably smaller towns and you'll like it a lot. 

Thu, 07/16/2015 - 04:14 | 6318581 mojojojo
mojojojo's picture

I take it you have never lived Germany, otherwise you would know that you are generalizing. I think it is you who has a chip on your shoulder. Utter drivel.

Thu, 07/16/2015 - 04:59 | 6318601 schadenfreude
schadenfreude's picture

Yeah sure. 80 million people are like you describe them. Your generalisation doesn't make your rant meaningful at all. Why the hate? Are you second class comedian that falied to made the people laugh in Germany?

Thu, 07/16/2015 - 06:06 | 6318643 nomofiat
nomofiat's picture

very true

been living in berlin for over a decade and still hate their guts.

Wed, 07/15/2015 - 21:24 | 6317866 BoPeople
BoPeople's picture

If you simply create it out of thin air at no cost, what right do you really have to expect to get it back unless the other party can similarly create it out of thin air at no cost? And what value would it have if the system was fair and everyone could create it out of thin air?

Exactly!! none ... and none.

Wed, 07/15/2015 - 21:47 | 6317964 scaleindependent
scaleindependent's picture

Exactly. Excellent post.

Goldman Sacks did understand and facilitated the Greek debt fiasco. But I am wondering did the N. Europeans, including the manufacturing companies like BASF, Siemens, and Bayer truly understood that Greece could not pay. (I have no doubt that the German financial companies and banks were in on the fraud w Goldman Sacks), but the rest, not so sure. 

Wed, 07/15/2015 - 23:06 | 6318145 g speed
g speed's picture

you missed it----they knew they would get paid because "we're Germans you see"---how can they not pay?

Wed, 07/15/2015 - 23:20 | 6318175 TheReplacement
TheReplacement's picture

What would a manufacturer care?  If Greece puts in an order and gets financing from anywhere then the manufacturer is satisfied and the deal is done. 

Thu, 07/16/2015 - 01:05 | 6318431 Stimorolgum
Stimorolgum's picture

In the financial world you don't challenge Goldman Sachs.

Wed, 07/15/2015 - 22:12 | 6318036 Paveway IV
Paveway IV's picture

"...If you simply create it out of thin air at no cost, what right do you really have to expect to get it back unless the other party can similarly create it out of thin air at no cost?..."

Hey - stop slamming bitcoin!

Wed, 07/15/2015 - 21:55 | 6317981 scaleindependent
scaleindependent's picture

Quintago,

 

Good point, but although Goldman Sucks and the German bank and financial companies conspired to load unpayable odious debt on Greece, I am not so sure that the rest of the N. Europeans and German manufacturing companies like ThyssenKrupp, Siemens etc truly understood that.  

 

Analogous to our 2006-2008 fiasco, the Banksters are again to blame for maliciously creating, profiting and then shorting the shitty mess (a la Goldman Sachs et. al.)

 

http://www.mcclatchydc.com/news/politics-government/article24561376.html

 

http://www.bloomberg.com/bw/articles/2013-09-12/how-goldman-sachs-made-m...

 

I bet some day documents will come out showing  Douche Bank, Goldman Sucks and the rest actually shorted Southern europes fall into hell. 

Wed, 07/15/2015 - 23:22 | 6318181 TheReplacement
TheReplacement's picture

Too bad the Germans don't have more admirals of the Mon Calamari species.

Thu, 07/16/2015 - 01:41 | 6318470 The Darwin Mode
The Darwin Mode's picture

The Greeks need Admiral Ackbar worse than the Germans.

Wed, 07/15/2015 - 23:26 | 6318191 Buck Johnson
Buck Johnson's picture

He called it, but we all know that this banker and others in Germanyh where playng the bank game.  They where loan sharks and now they are in a problem that all banks get into when they thnk they can lend to everybody and squeeze them.  You see when you owe a bank 100,000 dollars it's your problem.  When you owe a bank 100 billion it's the banks problem more so than yours. 

Thu, 07/16/2015 - 15:56 | 6320650 Dr. Nick Riviera
Dr. Nick Riviera's picture

What did the greeks expect would happen when they borrowed money they knew wouldn't ever be paid back....?

Wed, 07/15/2015 - 20:35 | 6317726 buzzsaw99
buzzsaw99's picture

"They will be subsidizing scroungers, lounging in cafes on the Mediterranean beaches...

only after classic overreaching as germans are wont to do. they couldn't conquer russia so they attempt to bring southern europe into bondage with crooked bankers. thanks for playing, and here's a nice parting gift.

Wed, 07/15/2015 - 20:38 | 6317735 Thick Willy
Thick Willy's picture

Yea because the Russians weren't about to attack Germany.  The Soviets were just minding their business with their entire military forward deployed in preparations for a major offensive.  Germans are just stupid and randomly attacked Russia FOR NO REASON.  Just like the genocide of 16 gorillion for NO REASON.  Such irrational and unpredictable people, these "stupid" Germans.

Wed, 07/15/2015 - 20:47 | 6317774 James_Cole
James_Cole's picture

The Soviets were just minding their business with their entire military forward deployed in preparations for a major offensive.

Might have had something to do with hitlers publicly stated desire of conquering the soviets.

Germans aren't stupid, but my brothers nad sisters there need to get over this whole running europe / the world thing.

Wed, 07/15/2015 - 20:52 | 6317792 nmewn
nmewn's picture

Give it a fucking rest, Stalin had the same intentions. Stalin signed the treaty with Hitler to buy himself time, both socialist/communist pricks knew each other, intimately.

Wed, 07/15/2015 - 21:00 | 6317816 Amish FinEng
Amish FinEng's picture

The Rabbi's history lesson.

Wed, 07/15/2015 - 21:08 | 6317847 nmewn
nmewn's picture

WTF are you talking about, Stalin DID NOT purge some his best military leadership & minds between 39-42?

Fucking tard.

 

Thu, 07/16/2015 - 01:02 | 6318422 SFopolis
SFopolis's picture

My sentiments exactly.  Some say Upwards of 25 million people.  If you wore spectacles..... look out...

Wed, 07/15/2015 - 21:36 | 6317920 Yen Cross
Yen Cross's picture

 Fuck-off. Stalin wanted Eastern Europe as much as Hitler wanted Western Asia.

Wed, 07/15/2015 - 22:04 | 6318014 Freddie
Freddie's picture

Who was in the background on ALL sides during this war (and all wars)?  Tribal banksters.

Wed, 07/15/2015 - 23:59 | 6318292 natty light
natty light's picture

"We risk once again becoming the most hated people in Europe." We as in the Germans..or  tribe?

Wed, 07/15/2015 - 23:27 | 6318199 TheReplacement
TheReplacement's picture

Shh.  Don't tell him about the written records of the planned Soviet invasion scheduled for 17 days after the Germans launched.

Wed, 07/15/2015 - 23:45 | 6318253 Totentänzerlied
Totentänzerlied's picture

I recently learned that the Soviet Union entered WW2 with more tanks than existed in the rest of the world's militaries combined.

Wed, 07/15/2015 - 21:02 | 6317825 James_Cole
James_Cole's picture

Stalin had the same intentions.

That can be debated, but we know for fact who attacked who first.

Wed, 07/15/2015 - 21:10 | 6317854 nmewn
nmewn's picture

Yeah, they BOTH attacked Poland...lol.

Wed, 07/15/2015 - 21:07 | 6317840 flysofree
flysofree's picture

Why don't you read Mein Kampf, you cunt!

Wed, 07/15/2015 - 23:21 | 6318176 ZHrnh
ZHrnh's picture

Exactly. Suvarov's 'Icebreaker. Who started the Second World War?' is an interesting read. Not surprisingly, it doesn't get any play in the 'official' history of the war, which was and is a blatant white-wash cover-up by the Anglo-Zionist-Americans (none of whom are even European!)  to justify their invasion, conquest and destruction of Europe. 

Thu, 07/16/2015 - 04:46 | 6318592 Zwelgje
Zwelgje's picture

Suvorov books are just a theory promoted by western interests.

Must be 100% legit.

Wed, 07/15/2015 - 23:21 | 6318177 ZHrnh
ZHrnh's picture

Exactly. Suvarov's 'Icebreaker. Who started the Second World War?' is an interesting read. Not surprisingly, it doesn't get any play in the 'official' history of the war, which was and is a blatant white-wash cover-up by the Anglo-Zionist-Americans (none of whom are even European!)  to justify their invasion, conquest and destruction of Europe. 

Wed, 07/15/2015 - 23:25 | 6318188 TheReplacement
TheReplacement's picture

You can go further with a bit of diligence.  There is a paper record of an order from the Soviet high command authorizing the invasion of Europe, dated sometime in 1940.  Apparently, the Germans beat the Russians to the punch by 17 days.  That is why the Germans were able to take so many prisoners so quickly.  The Soviet Armies were massing near the front but their logistics were not in place.  This is also why Stalin denied that the Germans had taken Russian POWs.

Schools sucks.  They didn't teach anything worth knowing after 3rd grade.

Wed, 07/15/2015 - 20:36 | 6317729 Thick Willy
Thick Willy's picture

It's almost like Germany and Greece are totally different countries with totally different populations and totally different cultures and totally different values.  It's almost like forcing them together in this crazy E.U. was a bad idea from the start.  It's almost like the E.U.'s true objectives are something other than what was told to the people of Europe...

Wed, 07/15/2015 - 21:06 | 6317839 Peter Pan
Peter Pan's picture

It is interesting thought that Greeks in Germany and in other places where they have immigrated are hardworking people. And in my mind it all comes down to this:

When they are in Greece they threaten the traffic police man with going to a powerful relative to have them transferred to some God foresaken village whereas in the foreihn land they accept that they will be fined and lose their licence.

When caught cheating with their taxes in Greece they bribe their way out whereas in their foreign abode they know they can't get away with such behaviour.

And in their foreign homes they turn up to work without fail whereas in Greece the attitude for many was "who cares".

So quite clearly what the Greeks in Greece were missing was the discipline and will to abide by the laws and the will of the government to enforce them.

Wed, 07/15/2015 - 23:48 | 6318268 Totentänzerlied
Totentänzerlied's picture

The both loooooooooooooooooooooooooooooooooooooove debt.

Wed, 07/15/2015 - 23:48 | 6318269 Totentänzerlied
Totentänzerlied's picture

The both loooooooooooooooooooooooooooooooooooooove debt.

Thu, 07/16/2015 - 00:04 | 6318311 uplicidlit
uplicidlit's picture

@Thick Willy - I rarely comment but signed in to say, "you nailed it".

I've been to both countries and have also known Germans and Greeks here in the USA.  Jay-zus, are they different! It is truly interesting throughout Europe how, one country to the next, the values, priorities, personalities, etc. are noticeably disparate.

It's true here in the USA also. The difference between a Yankee and a Southerner is alot like, well...now that I think about it, like the difference between Germans and Greeks.  Yanks = smart, motivated. Southerner = not so much of either.

Wed, 07/15/2015 - 20:38 | 6317737 Cacete de Ouro
Cacete de Ouro's picture

What kind of a name is Arnulf?

Wed, 07/15/2015 - 20:43 | 6317756 Groundhog Day
Groundhog Day's picture

kind of like gandolf form lord of the rings

Wed, 07/15/2015 - 21:10 | 6317855 e_goldstein
e_goldstein's picture

ancient vampire royalty

Thu, 07/16/2015 - 02:04 | 6318493 Vylahkinnen
Vylahkinnen's picture

Well, you know, he was banker, but he also was a dragonslayer. Can't say anything bad about the man and they way he handled his sword.

Thu, 07/16/2015 - 05:25 | 6318610 schadenfreude
schadenfreude's picture

It's of Germanic origin. Arn = Eagle and ulf = wolf

Wed, 07/15/2015 - 20:38 | 6317739 RaceToTheBottom
RaceToTheBottom's picture

When I was vacationing north of Dubrovnik, it was the Germans that had the coolest scuba kit and had the best time.  But of course they made the correct decisions and were rewarded for them.....

Wed, 07/15/2015 - 20:38 | 6317740 Dixie Flatline
Dixie Flatline's picture

About suffering they were never wrong,
The old Masters: how well they understood
Its human position: how it takes place
While someone else is eating or opening a window or just walking dully along;
How, when the aged are reverently, passionately waiting
For the miraculous birth, there always must be
Children who did not specially want it to happen, skating
On a pond at the edge of the wood:
They never forgot
That even the dreadful martyrdom must run its course
Anyhow in a corner, some untidy spot
Where the dogs go on with their doggy life and the torturer's horse
Scratches its innocent behind on a tree.

 

In Breughel's Icarus, for instance: how everything turns away
Quite leisurely from the disaster; the ploughman may
Have heard the splash, the forsaken cry,
But for him it was not an important failure; the sun shone
As it had to on the white legs disappearing into the green
Water, and the expensive delicate ship that must have seen
Something amazing, a boy falling out of the sky,
Had somewhere to get to and sailed calmly on.

-W.H.Auden

Wed, 07/15/2015 - 20:52 | 6317791 BoPeople
BoPeople's picture

Our purpose here is not dependent on banks, money, nations, wars, politics, productivity, assets, religion, media and entertainment and such. In other words, all of those things that occupy virtually all of our time are unimportant to our existence here and now.

We need not aspire to temporal wealth or to make idols of ourselves. It gets in the way of our being and purpose. But this, they do not want you to know. They want you distracted with temporal crap and ambitions. They fill you with false fear and even more false ego.

... and you lose yourself... to them.

Wed, 07/15/2015 - 21:40 | 6317936 Gods
Gods's picture

Well said

Wed, 07/15/2015 - 23:06 | 6318144 Meat Hammer
Meat Hammer's picture

The problem with human beings is we actually think that we're significant, when we actually aren't any more important to the planet than your average dung beetle...probably less so. No species does more to fuck up this planet than humanity. We seem to forget that if the human race all dropped dead tomorrow, the Earth would still spin, the birds would still sing, and the sun would still shine.

Wed, 07/15/2015 - 20:39 | 6317741 wesson
wesson's picture

German really wondering why there are most hated in EU ???

May 2 WW is the answer.

Wed, 07/15/2015 - 20:44 | 6317760 Dr. Engali
Dr. Engali's picture

Last I checked that happened70 years ago.

Thu, 07/16/2015 - 01:08 | 6318433 SFopolis
SFopolis's picture

If your father murdered, killed and raped a thousand or so people 70 years ago, is he still an asshole?  

Wed, 07/15/2015 - 21:34 | 6317914 daveO
daveO's picture

Banker wars aimed at killing Christians. No CB's, no WW's.

Wed, 07/15/2015 - 20:40 | 6317744 WTFUD
WTFUD's picture

No mention of Deutsche Bank's Derivative Book.

Wed, 07/15/2015 - 20:41 | 6317749 jimfcarroll
jimfcarroll's picture

He's right.

Wed, 07/15/2015 - 20:44 | 6317752 BoPeople
BoPeople's picture

There will be subsidized scroungers living parasitically in the banks of Germany. They contribute nothing, creating their fiat money our of thin air, and demand nothing less than ownership and slavery of entire nations ...

... who THEY now call "subsidized scroungers".

What irony! Yes, banking parasites are deservedly the most hated people on earth.

Wed, 07/15/2015 - 20:44 | 6317759 nmewn
nmewn's picture

Prescience.

Wed, 07/15/2015 - 20:44 | 6317761 i_call_you_my_base
i_call_you_my_base's picture

Currency unions are terrible.

Wed, 07/15/2015 - 21:03 | 6317828 Amish FinEng
Amish FinEng's picture

Bitcoin?

Wed, 07/15/2015 - 22:10 | 6318030 nmewn
nmewn's picture

It would really suck if they "nationalized" the power & internet grids wouldn't it?

Not like thats ever happened before ;-/

Wed, 07/15/2015 - 22:18 | 6318044 Ness.
Ness.'s picture

And like that!?  <poof!> It's gone

1's and 0's.. 1's and 0's.

Wed, 07/15/2015 - 22:22 | 6318058 nmewn
nmewn's picture

lol...prolly not a good idea to rely on government infrastructure as you fight "da man".

Jus sayin ;-)

Wed, 07/15/2015 - 23:41 | 6318242 WillyGroper
WillyGroper's picture

Blythe can help him with that.

Wed, 07/15/2015 - 20:47 | 6317763 Latitude25
Latitude25's picture

So how should life be lived?  Is it preferrable to work hard in a factory producing BMWs or live in a grass shack and fish the reef for dinner and pick fruits and veggies from your tropical garden?  Cultures worldwide are very different and should be respected and left alone as they are.  Choose the one you want to live in.  Global government will NEVER work and certainly not a united Europe.

Wed, 07/15/2015 - 20:59 | 6317814 Miffed Microbio...
Miffed Microbiologist's picture

One's life should be lived as one sees fit and every person should have the freedom to so if there are no demands on others to provide it. A centralized global government never has that aim. Freedom has a great cost but most feel secure not facing this and are living in fear.

In the end, it is rooted in fear. Until people eradicate their fear and quit embracing false security, nothing will change and they will live a life fettered until they die.

Miffed

Wed, 07/15/2015 - 21:57 | 6317975 Ness.
Wed, 07/15/2015 - 22:20 | 6318048 nmewn
nmewn's picture

Plus one...but go Galt, responsibilty only applies to yourself.

Freedom also entails allowing yourself be free from any obligation in stopping irresponsible idiots from jumping off buildings. Somebody else (or buzzards) will clean that up.

Its very liberating and leads to their & my own inner peace ;-)

Wed, 07/15/2015 - 21:20 | 6317879 Dr. Engali
Dr. Engali's picture

That's fine, but don't expect to live an unproductive life style and expect the productive to pay for it.

Wed, 07/15/2015 - 21:33 | 6317903 q99x2
q99x2's picture

My bother had a few wives that were productive. Now I have a bunch of lame ass nephews and nieces. My wives spayed their dogs so I was left with a bunch of unproductive wives. None of our wives associate with our side of the family. We seem to get along really well that way. I regret that my last wife didn't tell me she was a lesbian before we got married. Could have saved me a lot of dog walking.

Wed, 07/15/2015 - 21:35 | 6317916 Latitude25
Latitude25's picture

Sure but first of all you have to define what is productive and unproductive within a given society because you can be sure that the definitions vary a lot.  For instance is living a simple subsistence lifestyle alongside nature, productive or unproductive?

Wed, 07/15/2015 - 21:52 | 6317973 PermaBug
PermaBug's picture

A subsistence lifestyle is unproductive, almost by definition.

I couldn't care less if someone wants to waste their life lying on a beach, but inevitably when they get old and sick they want me to care for them.

As long as I am not forced to, they are welcome to a life of sloth and lack of fulfilment.

Thu, 07/16/2015 - 01:22 | 6318453 LetsGetPhysical
LetsGetPhysical's picture

+1,000,000
I AM NOT MY BROTHERS KEEPER.

Thu, 07/16/2015 - 01:30 | 6318463 ersatz007
ersatz007's picture

So how productive is trading derivatives or being a central banker. Seems like they have the average joe paying for a lot of their shit too.

Thu, 07/16/2015 - 07:06 | 6318740 Kobe Beef
Kobe Beef's picture

Parasites Above. Parasites Below. All exploiting the High Trust Civilization built by the Productive.

We have been too tolerant. The Trust is gone. The Civilization will soon follow. 

Wed, 07/15/2015 - 22:00 | 6317992 muka
muka's picture

 In the abstract, I agree with the comment on lifestyle and choice. But in practice, how many Greeks are even CLOSE to being self sufficient in food? If they were, then the government would have told the EU to fuck off. People are terrified of hunger, and who can blame them?

Wed, 07/15/2015 - 23:09 | 6318152 Boxed Merlot
Boxed Merlot's picture

...work hard in a factory producing BMWs...

 

What makes this worker more productive?  Did this worker pay for the factory, the supplies, the energy, the infrastructure necessary to support the orderliness of his / her place of work or the adjacent communities?  I would contend the lottery of birth has more to do with one’s placement in the socioeconomic layering than what passes for productivity.  Proper allocation of resources will continue to be subject to a subjective definition of "proper".

I remember years ago Rich De Voss preaching his message of private ownership of the tools of production being the major difference in the productivity of any nation.  Back when public companies offered public ownership of their companies through a legitimate stock exchange, that view of private ownership still kinda held water.  Now that government pension plans and GS executives have divvied up the spoils we're now no better than the most pathetic assembly of thieves and grifters to yet walk the earth.

 

Jmo.

Wed, 07/15/2015 - 20:45 | 6317764 p00k1e
p00k1e's picture

Look around, we are surrounded.     

Wed, 07/15/2015 - 20:46 | 6317769 spanish inquisition
spanish inquisition's picture

Schauble triumphantly wheels at the head of the parade through Athens after freeing German money in danger that has been residing in Greece. 

"There is more German money in danger throughout Europe. We have taken measures here to protect it in the Sudeten.... in Greece" - He shouts to the crowd

http://www.zerohedge.com/news/2015-07-13/after-deal-heres-whats-next-gre...


Wed, 07/15/2015 - 20:49 | 6317782 christiangustafson
christiangustafson's picture

He absolutely nailed it.

Wed, 07/15/2015 - 20:50 | 6317783 johnlocke445
johnlocke445's picture

Just like WW1 and WW2 ended in a German nightmare, so will this experiment in Eurocommunism. If there's one thing you can say about Germans is that they never learn their lessons.

Wed, 07/15/2015 - 20:52 | 6317795 logicalman
logicalman's picture

Is life about living, or about working your arse off so some criminal fucking bankster can live the high life.

 

Wed, 07/15/2015 - 20:56 | 6317808 Dixie Flatline
Dixie Flatline's picture

Don't venture into the meta logicalman.

Wed, 07/15/2015 - 23:39 | 6318236 Vullsain
Vullsain's picture

The Germans must be thinking why work your ass off to subsidize scoundrels who throw temper tantrums when the free lunch ends.

The Big Fat Greek Gravy Train: A special investigation into the EU-funded culture of greed, tax evasion and scandalous waste

Thu, 07/16/2015 - 00:10 | 6318314 Joe A
Joe A's picture

Hmmm, Daily Mail....?

The EU knew that all that was going on. Still they allowed Greece into the Euro. They did not force Greece to change all that. Why? Because of geo-political reasons. And because the EU is also pretty corrupt. One EU Commission was send home because of that (the whistleblower got rewarded with a promotion to the archives). As long as EU taxpayers were coughing up the money for that and it was not too noticeable then they would allow it. Then of course it all went bad.

One of the reasons why Greece is not allowed to default is that then the EU taxpayers find out they were duped into bailing out banks that made bad investments in Greece and that they will be on the hook for that.

Thu, 07/16/2015 - 01:52 | 6318482 Vullsain
Vullsain's picture

Hmmm, Daily Mail....?  I feel you, but I can tell you don't deny it.  still a quick picture it tells don't you think.The EU technocrats with their socialist, keynesian tendencies may have just gotten in over their heads with the Euro experiment  European domestic economic/financial/political forces  probably led to sclerotic stalemates in decision making, then Lehman and the financial cracks and the machinations of the banksters and politicians who screwed the greeks and the german taxpayer.  I agree the geo-political angle adds another layer of complexity.


Wed, 07/15/2015 - 21:02 | 6317819 zipit
zipit's picture

"Been that way since one monkey looked at the sun and told the other monkey, 'He said for you to give me your fucking share.'"

Wed, 07/15/2015 - 21:04 | 6317832 Latitude25
Latitude25's picture

Here's a country I have been to that should never be integrated with anyone else and has suvived separately for 100s of years

https://www.youtube.com/watch?v=wo0R7cVLyd8

Wed, 07/15/2015 - 21:22 | 6317886 q99x2
q99x2's picture

Not to bad for a super-race. Better than Gorillas, butterflies and most forms of mosquitoes. 

Wed, 07/15/2015 - 21:35 | 6317917 neuronius
neuronius's picture

That's going to be funny when the jig is finally up and *everyone* realizes it, *everyone* sees it...  Janet Yellen- "Hey, what's that, over there!!??"<pointing over there, while running over here>

...pitchforks, tar, and feathers...

Wed, 07/15/2015 - 21:42 | 6317943 williambanzai7
williambanzai7's picture

A German once told me: Have you ever noticed that a smiling German is always actually a frowning German?

Wed, 07/15/2015 - 21:54 | 6317982 Cliff Mclane
Cliff Mclane's picture

Did you ever consider that Germans are people like you, the Brits; the French, the Italians?
Did you ever thought that these stereotypes are just that: stereotypes?

What would you say if I tell you that all Americans are people who murder people by atom bombs, by drones, in the Ukraine, in Yemen, Libya, Syria etc?

You would answer that in the US live many people with different political opinions.

It is the same in Germany. Your moral superiority is built on sand.

Wed, 07/15/2015 - 22:07 | 6317961 Cliff Mclane
Cliff Mclane's picture

at Mortal.

"People dislike Germans because they have a big chip on their shoulder after trying (and failing spectacularly) to subjegated 200 million Europeans. Twice."

Complete Nonsense. Did you read anything by N. Ferguson or Christopher Clark?

"They are always overdressed and very anal about things like punctuality and formalities, they have no sense of humour especially when it comes to laughing at themselves."

All of the 80 millions?

"They are assholes."

Like you?

" And they always blunder onto the wrong side of history then feel offended when the rest of mankind gets deeply pissed off with them.

Germans have zero EQ, "

like you?

"they don't seem to realise when they are striding out... right up everyones nose."

Do you ever think before uttering this bullshit?

Italy attacked Greece in WW II. As usual they were defeated completely and asked Hitler to help them overcome the Greece army.

Maybe the Greece should collect their money in Rome.

WW II was initiated by Poland (they dreamed of conquering Berlin), the French, the Brits (who feared German industrial power, the US (dito) and Adolf Hitler (who feared Stalin, and he was right).

Germany had no more guilt in WW II than the allies. This war had many fathers.

Zerohedge and you are part of the Greek propaganda machine. You lost your credibility. ZH and you are simple fools who air their hate and do not know much about the past. American soldiers let German civilians and POWs die on daily food rations that were below those in any country. Are you proud of this? Did you ever apologize?

It is a shame when Greek people compare their situation with Auschwitz. This is obscene.

America is the only country that ever used the atom bomb. Shame on you. My father fought for Germany in WW II and I am proud of him. ZH and people like you spread hate. The more hate you spread the more I feel that Germans are right in being proud od their country. (I know that many consumed the Allied propaganda after WWII.)

Wed, 07/15/2015 - 23:33 | 6318216 MsCreant
MsCreant's picture

All the races get dissed around here. Nigger this, Jap that, Kike, Raghead, and Chink the other. Don't forget the Fudgepacking Fags. And women, we all are just out to spend your money and earn none of our own, you know, like those butt fucking Greeks. Those of us who do happen to earn money and save it, well we must be unattractive, or a lesbian because we didn't sponge off some guy to get it. No winning in that one.

I have German ancestry. I don't take this personally, I see it as venting. We can turn on anyone when they piss us off enough. 

This guy's lack of awareness of the banker's role in all this pisses me off. Wheelchair dude just begs me to see him as some sort of Dr. Strangelove Nazi. 

I come out and defend a group from time to time, but mostly it would take up too much of my time to do it everywhere I think it is right to do so. This is anger, pure rage. No more. I am not offended. I am German, so is my husband. 

If you say I'm a Nazi, you are bizarre. It is not possible, I am not worried about you saying it about me. I'd laugh. I might march around and give you a few Zig Heils! And laugh. 

We should not let them divide us. Eyes on the prize. Banker fuckers. 

Wed, 07/15/2015 - 23:42 | 6318245 Mediocritas
Mediocritas's picture

Well I normally frown upon expressions of righteous indignation / moral outrage, but when it's as well-worded as that I have to take my hat off.

Plus you're totally right about focusing on the banksters.

Wed, 07/15/2015 - 23:45 | 6318255 WillyGroper
WillyGroper's picture

Zee Vorld iz small, eh

Wed, 07/15/2015 - 23:58 | 6318290 Joe A
Joe A's picture

I had sympathy for your posting right until "WWII was initiated by Poland, etc." and "Germany had no more guilt in WWII than the allies".

Right, Poland wanted to conquer Germany in order to create a "Greater Poland" and the allies also pushed all the people the nazis 'collected' into the ovens. It is Germany that is the real victim here, really.

Whatever the built up was to WWII (WWI reparations, Wallstreet investing in Nazi Germany, etc.), Germany was not invited to invade all the countries that they invaded, pillaging them and sending millions, I repeat millions, to their death in war and in organised industrial killing. I really think you don't understand the scope of the organised killing.

I don't know if your father is/was a convinced nazi, if so fuck him, but if he was just a a young man whose number was up for enlistment to go and fight for a corrupt and intensely dark regime then he also was a victim of that regime. But make no mistake, Germany started WWI and WWII and plunged a whole continent into darkness, twice. And what did countries do after WWII in 1953? They forgave Germany part of their combined WWI and WWII debt. One of the debtors was Greece. Then the world allowed Germany to reunite in 1989. Germany said it had changed, did not want to dominate Europe (then subsequently helped to push Yugoslavia over the edge by siding with Croatia, a WWII nazi collaborator. In fact, Germany was already supporting them since the 70s).

Helmut Kohl who apparently is on his death bed now started building 'his Europe'. Then came the Euro of which Germany profited the most. Germany flooded Europe with cheap German Euro and reunification tax funded Euro that they lent to whoever wanted to borrow and it functioned as a export subsidy. Then it all went sour in Greece and then the EU taxpayer bailed out German, French and Dutch banks. Germany then pushed austerity down everybody's throat killing off the competition and creating the ground work for takeovers as in Greece now where the countries' whole infrastructure is for grasp.

I have German friends and I have sympathy for Germans. But I see a lot of comments of German people like you who are not at all critical of the policies of German governments and take this "ah, these lazy Southerners, you know" mantra for granted. That convinces me that with a large part of German society there is still a superiority complex and that makes me wonder if Germans really learned anything from WWII.

The "we don't want a German Europe but a European Germany" and "we don't want to dominate Europe" mantras are just bullshit. Germany managed for the third time in a century plus one year to destroy Europe cause this is only just starting to begin.

Thu, 07/16/2015 - 01:38 | 6318468 ersatz007
ersatz007's picture

Well put Joe A Pretty hypocritical of Germans to complain about the Greeks when their debt was forgiven.

Thu, 07/16/2015 - 09:34 | 6319177 Raul44
Raul44's picture

What he said is true, well documented, with original footage videos, old documents and photographies. But to be specific on Poland, it horribly massacred german civilian population way before Hitler`s invasion and even up to very last days. In fact, that WAS the reason he invaded Poland.

Thu, 07/16/2015 - 00:45 | 6318326 Vullsain
Vullsain's picture

Cliff, ZH is kinda like a swamp you never know what will come crawling out on any given post.

I tell you what though "Arnulf Nailed It Big Time"  

He saw this coming.....

The Big Fat Greek Gravy Train: A special investigation into the EU-funded culture of greed, tax evasion and scandalous waste

No reason that Germans should be blamed for their efficiency, world class design, manufacturing and governance, their abilty to economically assimilate East Germany was impressive. Greece should have never been admitted into the Euro with this type of complete dysfunction. 

The European Technocrats paved the way for the banksters to rob from the Greeks and the German people...

Thu, 07/16/2015 - 02:28 | 6318465 MsCreant
MsCreant's picture

"The European Technocrats paved the way for the banksters to rob from the Greeks and the German people..."

Lotta folks want to just blame the Greeks. Your statement, I can live with. Getting pissed at Germany or Greece (each is what it is) is just another way to divide and conquer. Tax payers' money and their assets will backstop this foolishness and go to banksters in a grand Ponzi shell game.

Thu, 07/16/2015 - 09:26 | 6319158 schadenfreude
schadenfreude's picture

Correct. The poor and middle class people of Europe are going to suffer big time, regardless which country they are from. This Nazi-Germany vs Lazy-Greece show is just divide and conquer tactic.

Wed, 07/15/2015 - 21:58 | 6317990 kchrisc
kchrisc's picture

Sorry, but Zion desires us to hate Germany and the Germans instead of them, and their griftng banksters.

I respectfully decline that offer of a cheap ocean front property is Arizona.

Liberty is a demand. Tyranny is submission.

 

I do have a wonderful guillotine fronting property.

Wed, 07/15/2015 - 22:45 | 6318104 luckylogger
luckylogger's picture

Nailed it!!!!!!!!!!!

Wed, 07/15/2015 - 23:04 | 6318143 miki
miki's picture

they fart in public, their cars are overated crap, thugfuckers. the romans avoided breeding with them, their women are ugly manure spreaders

Wed, 07/15/2015 - 23:17 | 6318165 exartizo
exartizo's picture

Why?... did Mr. Arnulf own a nail gun?

I wasn't aware that nail guns were popular in 1997.

Wed, 07/15/2015 - 23:24 | 6318186 Herdee
Herdee's picture

Germans aren't called "Square-Heads" for nothin' ya know.They argue that you can get more brains into a square than a circle.

Wed, 07/15/2015 - 23:50 | 6318277 Jerk_Store
Jerk_Store's picture

Is that Bill Murray's dad?

Thu, 07/16/2015 - 00:35 | 6318377 DutchBoy2015
DutchBoy2015's picture

I live 15 minutes from German border and drive in and  out sometimes mulitple times a week or even days. Its like going from one state to another in the USA.   

I have worked in Germany and also Luxembourg.

I much rather deal with Germans than Dutch.   Dutch like Americans are backstabbers.   Germans are direct and upfront and far more trustworthy.

 

Thu, 07/16/2015 - 01:51 | 6318472 Manic by Proxy
Manic by Proxy's picture

Here, allow me to be direct and upfront with you. Demagoguery marks you as ignorant, biased and therefore not trustworthy. Speaking of direct and upfront, one can imagine Poland being appreciative of Germans virtue during past invasions.

Thu, 07/16/2015 - 03:14 | 6318541 DutchBoy2015
DutchBoy2015's picture

Okay, Bozo,  several years ago a Newspaper here had a survey on which country and its people were most trustworthy.

Germany beat everyone hands down.   

BTW you enjoy living in the past??

Thu, 07/16/2015 - 03:14 | 6318542 DutchBoy2015
DutchBoy2015's picture

Okay, Bozo,  several years ago a Newspaper here had a survey on which country and its people were most trustworthy.

Germany beat everyone hands down.   

BTW you enjoy living in the past??

Thu, 07/16/2015 - 00:52 | 6318409 gwar5
gwar5's picture

More proof that the Germans and rest of the elites knew countries like Greece should never have been admitted into the EU in the first place but they were bribed and bullied and goaded and preyed upon by the private financiers into the EU so that their public assets could be stolen.

Another prediction-- it ain't over yet and it won't end well.

 

Thu, 07/16/2015 - 01:08 | 6318434 JoJoJo
JoJoJo's picture

Well Sons of Herman in the U.S. we have been  calling it Affirmative Action for over 40 years.The more we have helped the Not-So-Capable through fedgov programs and other unearned promotions the more they hate us. White privilege means giving more and getting less.

Thu, 07/16/2015 - 01:30 | 6318464 LetsGetPhysical
LetsGetPhysical's picture

Never confuse Privilege for Dominance.

Thu, 07/16/2015 - 01:24 | 6318452 BarbaricRelic
BarbaricRelic's picture

Just as a reminder: 

No one forced Greece to join the European Union.

No one forced Greece to use the Euro currency.

No one forced Greece to take on that amount of unnecessary debt it did.  

There is a lot of blame to go around, however the majority of that blame lies on the governments of Greece and the people that put them there. The debtors and creditors both need to feel the consequences of their actions. This didn't happen over night either. The best possible scenario that can happen is hard lessons will be learned, however unlikely that may be. It's not like we don't have dozens of examples of inflation and government debt-catasrophies screaming warnings at Greece and the rest of the world...

 

Thu, 07/16/2015 - 01:53 | 6318483 The Darwin Mode
The Darwin Mode's picture

"We risk once again becoming the most hated people in Europe." --Arnulf Baring

Whiny-ass lightweight. Get back to me when you've become the most hated people on earth, muthafucka.

Thu, 07/16/2015 - 02:17 | 6318504 Ward no. 6
Ward no. 6's picture

i like J.S. Bach

he is my role model of an excellent german.

Thu, 07/16/2015 - 02:19 | 6318508 Ward no. 6
Ward no. 6's picture

beethoven wasn't too bad either...

Thu, 07/16/2015 - 02:25 | 6318513 Ward no. 6
Ward no. 6's picture
“I am not so enamored of my own opinions that I disregard what others may think of them.” —Nicolaus Copernicus
Thu, 07/16/2015 - 03:02 | 6318533 Kevin
Kevin's picture

"When we Germans demand monetary discipline"

Yes they demand a discipline that they do not follow themselves. It is not a sign of monetary discipline to lend money to someone that you will be unable to pay it back. That is a sign of something else which is also revealed by what they did before 'demanding' the discipline.

"We Germans enforce monetary indebtedness"

Thu, 07/16/2015 - 03:27 | 6318549 Panic Mode
Panic Mode's picture

These politicians never listened to the old wise men. They think they are god.

Thu, 07/16/2015 - 03:28 | 6318550 smacker
smacker's picture

Baring was not the only one who predicted such an outcome, although he put it very well.

Truth is that it's impossible to get a square peg into a round hole half its size but this is what the socialist/fascist dreamers across Europe thought they could do in their search for a utopian empire known as the "United States of Europe". And to achieve this, it has been necessary to suck ever more power and control into the Brussels Centre, a classic response to failed socialism.

But even now they are in plain denial of reality as we see in Greece, Spain, Portugal, Italy and even France.

The risk is that this all ends with the very consequence that they claim it all existed to prevent: WAR.

 

Thu, 07/16/2015 - 04:13 | 6318579 Iam Yue2
Iam Yue2's picture

"We risk once again becoming the most hated people in Europe."

 

He got that one wrong.  Nobody ever liked them.

Thu, 07/16/2015 - 05:33 | 6318613 Funn3r
Funn3r's picture

Well whatever, Merkel,  Schäuble and the rest of their crew have gone too far this time. They appear nominally to have "won" but the rest of Europe is looking at them open mouthed unable to believe how hard European unity has been fucked. I have a feeling the Euro is now doomed and maybe even the EU as well. And this coming from me who until about last week was pretty much in favour of UK staying in. 

Thu, 07/16/2015 - 09:33 | 6319175 schadenfreude
schadenfreude's picture

So what would you have done ? Some alternative solution?

 

Thu, 07/16/2015 - 05:57 | 6318629 Jungle Jim
Jungle Jim's picture

"I Pandulph, of fair Milan cardinal ..."

-- Shakespeare, "The Life and Death of King John," Act 3, Scene 1

Thu, 07/16/2015 - 06:02 | 6318636 Jimmy Twinkle
Jimmy Twinkle's picture

With the cabal forcing both its economic (pan-European war) and cultural (Caitlyn Jenner gay marriage etc) agendas on us at the moment it think its time to re-appraise one of Sacha Baron Cohens minor characters.

While Borat was a great success the gay fashionista Bruno of FunkyZeit fame is the perfect choice I think to pick up from Hugo Boss in designing the new SS uniforms.

Im thinking a peach neoprene leiderhosin with black and silver piping.

I see it now, Wolfgang Schauble pacing round a naked Yanis - V sellotaped to a chair in a windowless bunker , ominously tapping the 14 inch dildo of German fiscal rectitude against his inner thigh whilst Merkel watches from the far corner with her Dylan Rooff haircut and blank stare.

Thu, 07/16/2015 - 06:02 | 6318637 Jimmy Twinkle
Jimmy Twinkle's picture

With the cabal forcing both its economic (pan-European war) and cultural (Caitlyn Jenner gay marriage etc) agendas on us at the moment it think its time to re-appraise one of Sacha Baron Cohens minor characters.

While Borat was a great success the gay fashionista Bruno of FunkyZeit fame is the perfect choice I think to pick up from Hugo Boss in designing the new SS uniforms.

Im thinking a peach neoprene leiderhosin with black and silver piping.

I see it now, Wolfgang Schauble pacing round a naked Yanis - V sellotaped to a chair in a windowless bunker , ominously tapping the 14 inch dildo of German fiscal rectitude against his inner thigh whilst Merkel watches from the far corner with her Dylan Rooff haircut and blank stare.

Thu, 07/16/2015 - 06:21 | 6318661 Raul44
Raul44's picture

Yep, this is what I was saying. Everybody wanted and loved euro, its stability and soundness back then(I still remember), but now when free music stop and they were supposed to make right spending choices in their countries, they just revolt and blame others.

Maybe the only real victim was Spain. Spain was doing great and even became pinnacle of banking before crisis, but germans invested too much too quick and when they suddenly stopped they created crisis shock in Spain. Other than that though, all others can only blame themself and the only stupid choice germans did was to approve bailouts.

Thu, 07/16/2015 - 06:47 | 6318693 Bemused Observer
Bemused Observer's picture

This situation saddens me for so many reasons. But a big reason is that I actually LIKE the Germans. My trip there was wonderful, I have never felt so at home in a foreign land. What you read and hear from the German PTB is NOT representative of the German people. On a personal level, these are great folks, and they have a lovely country.
Now, I've never been to Greece, but I'm sure they are also a fine people. They are just very different from their northern neighbors, as my fellow Americans from the south are different from me up here in the northeast. We should accept our differences instead of trying to fit everyone into the same mold.
This stupid ill-conceived union has brought out the WORST in everyone in Europe! Instead of uniting them, they have set them against each other, this is warfare being waged here, just with Euro's instead of bullets. Damn these bankers and bureaucrats, damn them all to hell!

Thu, 07/16/2015 - 07:08 | 6318746 Perfecthedge
Perfecthedge's picture

Maybe you like Raisins.  Munching from a nice can of sweet raisins.

Maybe you like Nuts.  Just the Nuts.  Crunchy and maybe even mixed into a nice dough.

I know people that absolutely LOVE sugary candied fruit (I fucking hate it).

 

It is all nice and dandy, until someone mixed everything together and tried to make a Stollen! [German fruit cake]

Now you have the nut lovers complaining about the candied fruits and the disgusting bland, black "flies" in their cake. You have the raisins lovers complaining and spiting out the hard pieces of nuts and getting an allergie and you have the candied fruit lovers picking out the nuts and the raisins and creating a nasty mess!

This is how I see it.  Greeks are Greeks and Germans are Germans.  Don't mix them together.

I lived and worked for about 20 years in Germany.  One of my best friends is German.  And yet I decided to leave the country and go back to my home country in the South of Europe.  Love the Sun, love the coffee shop mentality and love seeing old ladies greeting me in the backery (something that I NEVER got in 20+ years in Germany).

I don't hate the Germans.  They have their own peculiar way of doing things and seeing the world.  That is why they get "shit done" (building Mercedes, Porsches, BMW's and Audis).  They are simply good at that and my country folks would suck if they had to build a Porsche, even with a gun to their head.  Nothing wrong with that.

I do hate the idea that "all Southern Europeans" are lazy bums, because that is not true. I do know for sure that not all Germans are Swastika lovers and have busts of uncle Adolf in their living rooms.  I also know that most of them suffered immensely with WWII and older German woman can be rude and nasty, because they have emotional wounds and scars about things that they would rather not talk about (I can understand it - I helped some of them with grocery shopping when I was younger).

I know that we, as Southern Europeans, tend to create "corruption", because in a society that was educated by the Catholic value system, family, community is immensely important and who else would you ask for advice if you get elected into town hall? Uncle Alfredo seems to be the most honest man...the Mafia was build on the idea of companionship and family bonds.

The Germans that visit me don't understand this and folks here don't understand why they are stiff and serious and stressing about punctuality.  There is space for everybody in this world. 

The mistake was trying to mix everybody into the same dough and now some people found the Greeks in the dough and are spitting them out, because the taste is nasty...

 

Thu, 07/16/2015 - 19:00 | 6321368 horseguards
horseguards's picture

How did Nick Leeson describe how Barings would end?

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