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A Look At The Coming Collapse Of The European Union
Submitted by Jeff Thomas via InternationalMan.com,
When I was a boy, a carnival would come through town annually, with a Ferris wheel, a merry-go-round and, of course, a midway: rows of makeshift stalls where fairgoers might win a prize by throwing a ball at weighted milk bottles, shooting a rifle at metal ducks, or pitching pennies at small glass bowls.
If you were to succeed in any of the above, the standard prize was a small stuffed bear (Although many large bears were displayed, generally, the few actual penny-pitch winners only succeeded in winning one of the smaller bears). Still, to a child’s mind, even this was cause for celebration, as you went home a winner.
I was one of the lucky ones. I actually did take home a prize on one occasion. I had been going to the fair faithfully every year and would save up my pennies for weeks in advance, so I’d have plenty to invest in bear futures on the midway.
It was only a day or two after I brought home my prize that I realised that I had spent several dollars in pennies winning a stuffed bear that probably (back then, in the 1950’s) only cost fifty cents to produce and, after I possessed it, actually had zero value to me…I had no use for a cheap stuffed bear.
So, here’s the penny-pitch progression:
- Promise of significant benefits for what seems a minimal initial investment.
- Excitement builds with continued investment.
- Elation when a prize is actually won.
- Realisation that the prize is of less actual value than anticipated.
- Realisation that the aggregate cost of the prize was so high that the money would have been better spent on something else.
In 1993, Europeans were invited to the new EU Carnival. In addition to the rides, there would be a midway: a variety of benefits such as open borders, a common currency and the opportunity to work in other countries more easily than before. Most European countries joined, even though, in most cases, only a minority of registered voters actually declared their desire for membership. The midway organisers (the political leaders) were all in favour and virtually everyone joined.
Like any midway game, all those who signed on were required to pony up, but the amount of money being invested seemed relatively small at the time. But like any midway game, it’s not the first pitch of the penny that gets you…it’s the subsequent, seemingly unending ones. It adds up.
Still, there have been those who have actually benefitted: those who actually moved to another EU country and got a good job; those who conduct multi-national business, etc., but, in the main, the conveniences have not been that great and the negatives, more and more, are eclipsing the benefits.
The non-elected oligarchy of the EU passes new laws at will. Moreover, at this point, so much money has been thrown at non-productive members that entire countries are, in effect, welfare states, living off the teat of the more productive countries. And feeding them has required unending and massive borrowing, which those who are pitching the pennies will, presumably, eventually have to pay. And each time it seems as though the situation couldn’t get any worse, Brussels creates a new diktat, such as the demand that all EU countries take in millions of refugees, whom they claim to be Syrians fleeing the civil war, but who are more likely to be from Afghanistan or North Africa and are people who demand benefits, but clearly have no desire to assimilate.
The people of Europe have been the patsies in this grand scheme and are, at this point, experiencing decided buyer’s remorse.
So, here’s the EU progression:
- Promise of significant benefits for what seems a minimal initial investment.
- Excitement builds with continued investment.
- Elation when a benefit is actually received.
- Realisation that the benefit is less actual value than anticipated.
- Realisation that the aggregate cost of the benefit was so high that the money would have been better spent on something else.
Returning to the penny-pitch, I recall that, by my early teens, I had realised that this was far from being a worthwhile investment. Once I realised that the prizes were of so little actual value to me and that I would have been better off spending my pennies in some other way, I ceased to enjoy the excitement of the midway and learned to invest money in a better way. I later prospered.
However, many, many people never lose the thrill of the promise of easily-won prizes. As they mature, the prizes that they seek may be more sophisticated than a stuffed bear, but the lure of easy benefits remains difficult to refuse and, in the case of governments, voters return to the polls periodically, each time believing the empty promises of politicians, saying to themselves, “This time it will be different.”
For so many people, the promise of a quick, easy solution to complex problems is impossible to resist and, more to the point, the more exaggerated the claim, the more likely that voters seem to buy into it. As Adolf Hitler said, “Make the lie big, make it simple, keep saying it, and eventually, they will believe it.”
And so we witness in virtually every “democracy” that conservatives such as David Cameron and Donald Trump offer outrageously simplified and impossible promises and otherwise-intelligent voters march off to the voting booth to vote for them. Similarly, Hillary Clinton and Justin Trudeau leave liberal voters starry-eyed with equally outrageously simplified and impossible promises. The only difference between liberal and conservative is that the rhetoric takes a slightly different slant. The method of deception is the same, and the effect on voters is the same.
And, of course, the outcome is the same. Trouble is, if we’re wise enough to figure out that the penny-pitch is a mistaken pursuit, we can simply walk away and never come back. However, if an entire country gets suckered into a construct as implausible as the EU, it’s not so easy to walk away. Brussels has no intention of folding its tent. Nor are the political leaders of Europe going to back off on the EU idea.
So, will the EU simply carry on? It’s doubtful. At some point, the debt will cripple even the net-payer countries to the degree that the people will rebel. In addition, the social dictates, such as the acceptance of refugees, have been so dramatically damaging on the street level that the people of many countries are reaching the boiling point. Eventually this will travel upward, as we see in Poland where, in an election year, the government itself is saying no to Brussels, no matter how Brussels threatens to penalise them for not doing as they are told.
The EU was never intended to serve the people of Europe, it was meant to empower the rulers of the countries of Europe and to subjugate the European people. Its days are numbered, but the cost of its demise will be borne by the people of Europe. Certainly, increasing numbers of them might wish that it could be as easy as throwing the stuffed bear in the dustbin, but it will not be so simple or so painless.
Editor’s Note: Unfortunately there’s little any individual can practically do to change the trajectory of this trend in motion. The best you can and should do is to stay informed so that you can protect yourself in the best way possible, and even profit from the situation.
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You don't need gold, gold can be taken from you. The ultimate form of wealth insurance is an education.
If you actually received an education and not just an indoctrination...
I said education.
Why will the EU fail? The people have already swallowed failed State after failed State, but the carni continues and time is on the side of the beauracrats against a lazy population, unwilling to take back power. They will just reset the system with a centralized budget and bond system, game over.
Wasn't it Joseph Goebbels that said this?
Aren't Muslims the new Hitlers? According to the USSA. You 'mericans need some new movies by Spelburg.
The EU failed because they opened the doors wide to the third world. See how well your household looks if you open your doors to all the hood rats.
Europe wanted to become a multicultural ho, her dream came true.
Now enjoy:
http://goo.gl/8hk9jr
far from it. eu will tighten its grip on the united states of europe. eurobond bazooka ready to go...
notice nobody leaves the eu? like hotel california, you can check in, but never leave
eu collapse = global warming = amero = currency wars = sdr replacing frn = peak oil = peak water
fade the claptrap
There was a movie about that.
It was called Doctor Zhivago.
Teh EU is failing because teh Euro is old fashioned. Teh Euro was new and exciting in 2000. But now it is 2015 and we have Bitcoin. You should buh Bitcoin, get excited and dance like a monkey!
https://localbitcoins.com
When you have jews running things behind the scenes, the intent is to destroy western civilization and turn the world into a totalitarian state run by them. Same as in US. The Federal Reserve is owned by Jews and a few goy. They have been systematically looting America for over 100 years - bringing us into war, destroying the culture with their cultural marxism and destroying the very idea of self-government. THEY are the problem. Muslims are just a bunch of stupid ragheads who have been brought in to further destroy western civilization by undermining western institutions and bringing in people who have no idea of civil rights.
Many Jews would disagree with you but also many would agree. One of the evils of Jewishness ( not Judaism ) is Zionism, putting Israel uber alles, possibly at the head of western civilization which Jews do not want to destroy, only control, hopefully for profit. It's the very scary union of politicians and bankers who are, in fact, already in control.
Judism is totalitarian in nature and is a religion based on hating the "other". When people have responded in kind to that base idea, they are called haters and anti-semites. The wonder is that everyone doesn't hate Jews and their phony religion and history. They are trying to drag the world back 2,000 years and start over with themselves as the source of worship. They haven't gotten over their hatred of Christianity. The wonder is that the Catholic Church no longer sees them as a threat. Maybe because the Catholic Church is nothing but a real estate company these days.
Exactly. The overloading of the European superstate is no accident. It's being done by design. The "Syrian" "refugees" are being let in for a reason. They're meant to crash the system and sow disorder, so the people will demand and welcome an all-powerful state. The globalists know that the common people hate slavery, but they hate chaos even more.
Educated and broke. Sounds familiar. Must be the American dream ...
In the US, the “Point of No Return” was states instituting Lotteries as an “entertaining amusement” which would provide funding for schools.
Preconditioned by the Catholics who ran Bingo parlors in their Church halls for years. Got all the good, religious women hooked on that shit. That's where the camel first got his nose in the tent out in mainstream America.
I raised hell throughout the whole process. Claimed that the Gov'ts owed the family of every numbers racket operator an apology and reprarations for unjust imprisonment before implementing any state sponsored gambling scheme.
Beware the Lamb!!!
double post...
Education? Hah - like those fuckers won't enslave your mind.
yer, and well, cart/horse
one of the primary purposes of an education is to enable you to provide the means, preferably in surplus, for you and those under your care
Squid, And it is failing miserably in this regard.
Occident Moron,
The intellectuals of every country, throughout history, have been largely among the persecuted. True education cannot protect very effectively, beyond the education required to forage berries and tree grubs, because it has little market value. What is being rewarded in American society, as in all human societies, is conformity. That is what universities teach, and the best universities merely teach it best.
.
True, I wonder if this is one of the reasons for the hatred of Jews. Because of Marx they can be blamed for communism. Because of Rothchilds they can be blamed for Capitalism. Because of Ayn Rand they can be blamed for Libertarianism. Because of Einstein and Oppenheimer they can be blamed for nuclear weapons.
You can repeat this 1000 times for the relatives of all those highly educated people who died of starvation during the siege of Leningrad.
Don't let your schooling get in the way of a decent education.
When my kids were young I always said that they were schooled at school and educated at home.
Both seem to have their heads screwed on reasonably tight.
It's a parent's responsibility to educate, but how many can make a living and pull off the home schooling thing when so much of your effort is stolen from you.
My two grew up, at least when at my place, without TV.
"I have never let my schooling interfere with my education."
--Mark Twain
I have never been a situation where "education" was even a factor... Your close friends/allies and your ability to take risk are a much bigger asset than "education".
In a real SHTF situation, good health may be more important than a good education, for people of all ages. More important even than gold.
Good analysis, though, Jeff. As always.
knowledge is the only thing of real value
everything else can be acquired using appropriate knowledge (you can invent, create, fix, maintain, etc, for example knowledge about medical stuff is invaluable and people will pay any amount of valuables, commodities, food, gold, bitcoin when it comes to their health)
Knowledge is not the only thing . Any knowledge without skills to apply it is but useless .
Many people have knowledge , not so many the skills .
Damm good point. As a graduate from the School of Hard Knocks, my two favorite classes were Financial Lit 101 and 102. My Instructor taught me that I could be thrown out of a plane anywhere in the USA. Upon my safe landing I could be up and running with a successful business within 30 days. His further teaching were to work for money until you understood how to have money work for you. Gold is a hedge against my fiat money.
Now darn it, Scotty...Beam me up!
Depends on the education. Colledge degrees are worthless, I prefer to be an apprentice, and get actuall skills while I earn a little money.
Primarily you will need food and clean water......
WW3 – Turkey/ISIS/Russia – The Countdown Has Begun......http://beforeitsnews.com/conspiracy-theories/2015/11/us-gives-their-prox...
OT. Turds Thankgiving interview with Jim Willie
http://media.tfmetalsreport.com/audio/A2AJackassNov15.mp3
Turd, you have become a Holiday Tradition around these parts!!!
I'm downvoting before I hear it based on prior performance. The Jackass is a raving loon.
Name a significant prediction of his that has been correct.
He can be a raving lunatic ! He has been correct about the big European banks being in trouble, Death of the petrodollar, etc, etc
A greenie on you for explaining your downvote ...
He has been raving about "failing" Euro banks for two PLUS years and they are still standing. Last I looked, the petrodollar is still getting you oil.
In the Turd talk, he said he PREDICTED the attack in France and then went into severe generalities when he admitted he never mentioned France or Paris in his prediction.
He also explains that Germany has NIRP because they have a surplus. I'm pretty sure that's false and it sure doesn't explain why other European bonds are NIRPed.
Next test - He says $30 oil will trigger big gains in PMs. Well, we'll see.
Now he's tap-dancing on Richard Russell's grave with some of his comments - pathetic.
I'll stick to my assertion for now - he's a jackass alright.
I respect yout opinion cpnscarlet. I learned along time ago not to make predictions about where this nightmare is headed...
Not wishing to disrespect you cpn, but you seem to have taken the trouble to listen to the interview.
Jim Willie can be accused of having a celestial imagination that is effectively delusion, but he will I believe, in hindsight, be vindicated on many things.
As an example, he cites the US presence in Afghanistan as being a front for US state sponsored drug running on an industrial scale, and the war on drugs being a euphemism for war on the the competition in the drugs space.
I personally believe him to be correct. We might never know the truth. I appreciate though, the possibilities that he spells out. For anybody poo-pooing the drugs story, then google the opium wars conducted by the British. Profit is profit.
Pay no attention to the man behind the curtain...
http://www.relay-of-life.org/main.html
One of the things that most people do not get is "nazism" is really big corporatism or mega corps.
It is really more facism. Hitlers backers were bankers and big industrialists plus weapons companies. Ford, Rockefeller (Std Oil), Rothschilds, Bush-Walkers, Krupp-Theyssen and many many more. So they were anti-communists? Not exactly. The banksters including Red Sheild-zio's set up the Bolsheviks.
The best wars, which are all of them, are where the banksters back both sides. Because the banksters start these wars.
That was about useless.
Blah blah blah...open up a bank acount in Singapore, buy a fruit stand in Chile, and work in NYC.
When are you "Internationals" going to realize that the financial world is shrinking, not growing. Just like "the global village", there will come a time when exchange of financial information will be so instantaneous, that DotGov will know if you forgot to pay your taxes like a good little slave , regardless of where the assets are held.
Putting your money in a bank in Bangladesh is NO safer than a bank in the US, EU, or anyplace else...WHY? Because they're fucking banks...ripping people off is what they do. Their whole goddamned business model is one big rip-off. So, it doesn't matter where you go, since they're all in bed with other, and signed-on to various agreements, and holding each other's worthless paper junk.
The only thing that will make it harder, is "HOW" you hold the assets.
As the neverending gluttony of these parasites gets worse, the public response will be to create numerous alternate forms of money (which can be anything, in theory), and a huge underground economy.
Anyone keeping their money (wealth) in a Bank these days,,,,is either a Fool or an Idiot.
Stock up Boys and Girls...it's coming.
I was supposed to buy a fruit stand in Chile? Shit, no wonder I felt like I was spinning my wheels!
Best locale for investing in a fruit stand will be in Libya: great climate, friendly people, and blood in the streets.
WHY? Because they're fucking banks...ripping people off is what they do.
+100 LOL! Great line and so trued.
I prefer to hold my assets in Trees. Money doesn't grow on Trees, but food does. Also, Trees make the sky blue (they produce oxygen, the source of the blue color in the sky). They make the rain fall (they not only release water vapor from their leaves, but symbiotic bacteria that form rain seeds to help it condense back into falling rain). They sequester carbon from carbon dioxide. They reduce excess warming of the earth. When they die, they can be burned to keep warm in the winter. Then the ashes can be dusted on the earth as fertilizer. Trees are a long-standing store of value that can be bought low (as seedlings) and provide a steady dividend (in fruit and nuts) for a very long time. I like Trees.
Do other ZHers read some comments is particular voices? I read the above in the voice of the guy in Silent Running, soft but urgent. Boris is the Russian from R.E.D.
The odd thing is that I am sure I start reading like that, so my "brain" has already decided who the comment is from.
BTW, Paveway is Jack Nicholson, for whatever reason, so his articles take me a while to read.
Call me a skeptic. I'll believe it when I see it.
/ I love it when guys who specialize in 'investing' your money (mostly offshore), become self-appointed gurus of geopolitics. Everybody with an opinion and blog skills is an "expert", it seems. /s
That's the double-edged beauty of the Internet.
The barrier to entry is zero. Consequently, the signal-to-noise ratio is also zero.
Due dilligence.
Something you should consider doing for yourself.
Hey, Mr. Barber, Do I need a haircut?
The beating of the drum has gone on for the past decades.
At what point to do we accept the EU is not going anywhere?
Or is this going to be a continued theme like "The USD$ explodes this year" "Hyperinflation" "Y2K" "AIDS" "Quicksand" "Bird Flu" "Peak Oil" "Global Warming"
"The beating of the drum has gone on for the past decades"
I guess like those that wondered about war with Germany in 1905, or the skeptics in 1936 that thought Hitler was "a bit much".
Maybe, given the intternet, if enough people say enough things, some will invariably be true.
I know, lets believe them all, them sometimes we will be right.
(These are not connected thoughts, just musings.)
"At what point to do we accept the EU is not going anywhere?"
if by that you mean that the current (and functioning) common regulatory and trade area shared by 28 armed and sovereign nations not "progressing" into something like a federation (like the US, though the US is now more a unitary state)...
... then yes, do accept that the EU is not going anywhere. and it's a good thing, imho. I really don't see any point in further "going anywhere"
Beirut (AFP) - US soldiers are in Kobane, the town in northern Syria nearly destroyed in fierce fighting with the Islamic State group, to train Kurdish forces to battle the jihadists, Kurdish sources said Thursday.
Would those "Kurdish sources" be from Langley?
Europe for the dollar?
Woe be unto them U.S. politicians that are still alive when this is recognized as fact.
All of Europe needs regime change.
All of the West - Europe and all the ex colonies need regime change.
Fixed it for ya.
As Adolf Hitler said, “Make the lie big, make it simple, keep saying it, and eventually, they will believe it.”
This article was somewhat interesting until the writer resorted to sophomoric and inaccurate quotes from Hitler, the ultimate Bogey Man to the Liberal Democrats - Hitler described the Big Lie technique that the Jews employ in their undending scams, not a tatic that he or the National Socialist found desirable.
I dunno, the National Socialists in this country sure use the Big Lie quite a bit but I wasn't aware that Obama, Reid, Pelosi, Biden etc. were jooo's.
Thanks for that! ;-)
Many moons ago I was a UAW member - unions BLOW
And they don't swallow .... just sayin'
Long krugerrands...bitchez
Welcome to the new apartheid.
I'm glad I saved some rolls of Deutschmarks.
And how exactrly will the fall of EU appear? What will the exact events be? Can you inform us? What wuill happen countirws will start leaving the EU or what? I would like to see that, there is no rules/laws for leaving the EU. Yes I agree, the EU is a total sham, but sicne the rich control the officials, they will NOT allow the EU to fracture. They will make a war first before allowing that to happen. They woll make sure the countirews do not have any powers same as how the USA federal government operates.As a Euroepan myself I;d like nothing better but I dont believe this will hapne. Just the opposite will happen, the EU will be streghten so individual countries will virtually dissapear.
Keep on dreaming with those articles.
I would say it's far enough along that it's obvious. Schengen -- free movement across borders -- is dead after Paris on top of the refugee crisis (and two of the attackers having entered as "refugees" was icing on the cake). With the borders northward sealed and Turkey happily assisting any and all comers on their ways to Greece, Greece will decline from a state of economic depression to a failed state within two years. Paramilitary groups and subgroups of the state military will start roaming around trying to "control" the migrants, some of whom will start to fight back. So within 3 years, I see Greece as a wasteland of small-scale armed conflict, the northern borders manned by increasingly militarized guards. Since the economies of Macedonia and Albania are deeply dependent on Greece, expect the violence to spill over those borders.
Meanwhile, France has allied with Russia against ISIS, which means Turkey as well. Most of the former Soviet satellites hate only one thing worse than Russians -- Turks/Muslims. Furthermore many, like Hungary and Romania, have friendly ties with France going back to the late 19th century. Fiercely nationalistic, they have already started slamming down border controls against immigration. Germany's insistence on accepting immigrants AND FORCING THEM ON HER NEIGHBORS will lead them to group around France in an anti-immigrant, pro-Russian faction which will get tied up with the existing rich/poor and northern/southern polarizations.
The end result is going to be a schism in the EU between an anti-Islamic, national-socialist faction centered on France but composed of the old Catholic and Orthodox (or Romance and Slavic) nations, and a defiantly capitalist, pro-immigration northern clique composed of the Germanic or Protestant nations. As the capitalist money engines grind down due to resource limitations and environmental costs, Germany will lose its pre-eminence and no longer be able to control EU policy. EU governance, hampered by a delicate consensus process, will be unable to function without a dominant member capable of whipping the votes where necessary. Bankrupt members will, given the example of Greece, elect to exit the common currency. Without common borders or common currency, the project will unravel, first at the edges and finally when France and Germany come to an issue where their leaders refuse to back down and compromise.
Ten years maximum. Five is much more likely. BTW, projective correlation is my night job. It's a full moon, and those of us who live on the borders of the Otherworld get PAID for telling the future.
France left NATO in 1966. France can not compete with Germany and must find another solution to combat its economic decline. A return to the French Franc and an independent political re-alignment would not hurt France very much. What does France have to lose.
It's Jews and Muslims - if they have the balls.
You don´t see a writing on the wall.
WW I was practically fought for royal first cousins willing to fight each other. When the silence fell over the carnage hardly any of these idiots had a throne. It is easy to provoke a war, but wars tend to run their own courses uncontrolled. In the aftermath people may vote for Dr Guillotine.
everything that's occurred on this 1 level ["Arab Spring"-> "refugees" -> "EU political contagion"] = breakup the E.U.
everything that's occurred on this 1 level ["Ukraine"->coup d'etat->separatists->Russian sanctions] = breakup the E.U.
the Greek thing they did to themselves, ditto Portugal, Spain, etc.
the US-UK "deep states" do NOT WANT A UNITED EUROPE, whatsoever! remember how Thatcher went ballastic when Germany got re-united? (& she was quietly dumped by the starry-eyed Euro-fairies)
now everyone can see what it will be like if united, esp Germany + Russia (the good old days, circa 1930-42)
but the Wicked Witch of the West said, "these things must be done delicately"
"Editor’s Note: Unfortunately there’s little any individual can practically do to change the trajectory of this trend in motion. The best you can and should do is to stay informed so that you can protect yourself in the best way possible, and even profit from the situation."
Really??
What is this drivel, Editor?
>>>What is this drivel, Editor?
It's the same crap as the Muslim Statue of Liberty, and the Turkish Shotguns for Belgium: the NEW DRIVEL-BASED ZH.
Like Amurica itself, you gotta love it or leave it.
just another rambling aticle saying a whole lot of nothing so some gold bug can tell us to buy some of the yellow metal and bury it in our backyards.
I bought (6) toz of Perth Mint, one ounce bars yesterday.
I was going to use APMEX, but J.M. Bullion beat their price, and they're located in Texas. APMEX is in Oklahoma, which isn't a bad thing.
I was just looking at tax ramifications.
Use cash. Do you need ID in the US to buy gold?
If you use cash, where are the Tax Ramifications?
In the UK you just go buy the coins with cash, no questions/Id. It is not underhand, just the way it is, for now.
toz bars are a bit big for SHTF type scenarios, Ok for preservation under crappy conditions though.
Promise of significant benefits for what seems a minimal initial investment.
Excitement builds with continued investment.
Elation when a benefit is actually received.
Realisation that the benefit is less actual value than anticipated.
Realisation that the aggregate cost of the benefit was so high that the money would have been better spent on something else.
Maybe it's just me but this made me think of marriage..
Stopped reading when he shit on Trump. Presumably, this 'dumb as a bag of hammers' writer thinks Trump can't deport millions, or can't affect our trade deals or....... what other big promises has he made? Is this author stupid enough to think Trump can't make inroads on these two issues? His election wouldn't be the mandate of all time, and send the establishment of both parties running scared. Once stupidity is firmly established, best to stop reading. What was this article about, anyway? Some twat spewing crap, apparently. Sick of people shitting on Trump. The can all blow me.
David Cameron and Donal Trump are conservatives?
Who knew?
Squid
they can be counted both as liberal-conservatives. with that "liberal" in the classic sense, though more in the "pro-business" sense of the term
but since ideology as such is treated in the whole Anglosphere in the most shallow way, you could even argue that those terms don't really apply there, only in the rest of the world
It is inevitable, either due to collapse of dollar-euro regime or due to terrorism promoted by America .
As I said before America is the pied piper of hamlin leading its euroPeons to perish , because it does not want euro regime to become no.1 and euroPeons have blindly followed America & its evil ideals of immorality in the hope of growth & prosperity (or the fear factor- NATO) but actually America is leading all to the world war.
Quit alliance with America , save yourself ASAP
Who the fuck downvoted that? Resident Zios here at the Hedge don't like their shit outed.
Keep up the good work onmail1
-1 now that you called in my attention... me, too. it's a rambling comment with little if any attachment to reality, like the article. I was going to ignore it fully, but since you asked...
first he goes about "dollar-euro regime", and then he switches to "America ... does not want euro regime to become no.1"
what is it, the first or the second? either the EUR is the dollar's girlfriend or it's nemesis. fact is that the answer to that is in... FX reserves
You want to invest.
The house is falling apart. Neighbors on the money turkey. Everything costly, nothing pays.
Find the position to dream of how to drill a profit out from that given landscape to exercise bravado.
For to make an elative turn on the penny-pitch progression slope, first you have to what's not mentioned.
To drive attention away from where it's getting challenged by default, in short, to repaire and sustain paradise.
The fine spun idea capital be the fuel for the machine that, if running, will solve, and not for instance, create, with accurate forecasting, the problems that your attention failed to handle on the search for a better paying investment is but written in a bible no one wants to put a hand on, at least not in our days.
But we are used to do so. All do. It's a business working on the basis that we stand up early in the morning an go to work looking for an investment counter clock-wise as things unfurl.
To the accuracy of the penny-pitch progression it requires an installment on your mother board first to just get the call from hell, supplied on the course to promise something that could spin in the said way.
That you are open to such calls to action.
Said this said is too: the inntelligent layout of the structure of common accomplished fallacy lacks the one.
Tribute to the autor of the game.
The EU will break eventually. And the question is will it be peacefully?
count the military forces at the disposal of the EU. are they enough to hold the UK, France or Germany in, if they don't want to?
perhaps they are enough for Luxembourg. though case, this one
Nope, that's not a question. It's Europe. The answer is no.
I don't see in Europe any equivalent of the Dr. Krugman crowd that says that world war is the best thing that ever happened. just the opposite
Amazing article. Rambling, illogical, inconclusive, without any attachement to reality. Oh, and preying on an audience firmly wedded to the meme of "the EU = something like the US"
the only logical and sensible sentence is it's conclusion: "We think everyone should own some physical gold"
yes, I think this too, but was it really necessary to pack it into all this rubbish? Or is the author trying to say: "don't hold EUR, hold gold, instead"?
"Brussels creates a new diktat, such as the demand that all EU countries take in millions of refugees, whom they claim to be Syrians fleeing the civil war, but who are more likely to be from Afghanistan or North Africa and are people who demand benefits, but clearly have no desire to assimilate."
Doubtless, some of them are refugees from Syria as we are told. But a large number are from other countries. Today, we hear of clashes on the border of Greece & Macedonia between police and "refugees" from Pakistan and Bangladesh. Then there's a lot from Afghanistan and other M/E and African countries.
And many of them are not refugees at all but are actually economic migrants taking advantage of the latest chaos in this mass exodus to Europe to climb-aboard-the-welfare-bandwagon. Many or most of these people will create new ghettos in Europe, not assimilate into the culture of their new host country. And doubtless some of them are terrorists who went to Syria to fight and are now trying to get back home by slipping in as a refugee.
smacker, the quote is nevertheless rubbish. Brussels has nothing to say about refugees, this "diktat" is pure bullshit
Sweden just shut the doors to further Syrian refugees, and your country, the UK, never opened them. and you know that
Sadly a boat-load (well planes anyway) landed at Newcastle airport last night and in Glasgow last week.
They will get here, hook or by crook.
that's a completely different argument from "by diktat of Brussels", isn't it? a failure to keep them out is a British failure, not an european/EU failure
the only immigrants the UK can't keep away by treaty/EU is EU nationals, like Poles, for example
To say the Euro-zone is a dysfunctional mess is an understatement. Currently the though of taking a holiday in Europe seems daunting. Attempting to travel through the area when facing closed borders, strikes, and homeless refugees has offset the excitement of tourist enjoying the weaker euro.
The fact remains the Euro-zone economy is going nowhere despite all the over the top efforts by the European Central Bank to stimulate the economy. It has become the chief pastime of those in power to meet and talk, then meet and talk some more, but action is seldom the result. The article below delves into the growing mess.
http://brucewilds.blogspot.com/2015/11/euro-zone-remains-dysfunctional-mess.html
You don't want to holiday here, but we must LIVE here, (I have a brother with wife and 2 kids in Brussels).
Not going well, but I bet it all goes on a while yet.
Your main points are very accurate but rather too polite for me.
I would rather that they were characterised as DRUG DEALERS AT THE JUNIOR SCHOOL GATES GIVING AWAY "FREE" SAMPLES.
@adonisdemilo "...main points are very accurate..."
pick one. anyone. quote and give me a go at it. I challenge you