A Look At The Coming Collapse Of The European Union

Tyler Durden's picture

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:

  1. Promise of significant benefits for what seems a minimal initial investment.
  1. Excitement builds with continued investment.
  1. Elation when a prize is actually won.
  1. Realisation that the prize is of less actual value than anticipated.
  1. 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:

  1. Promise of significant benefits for what seems a minimal initial investment.
  1. Excitement builds with continued investment.
  1. Elation when a benefit is actually received.
  1. Realisation that the benefit is less actual value than anticipated.
  1. 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.

We think everyone should own some physical gold. Gold is the ultimate form of wealth insurance. It’s preserved wealth through every kind of crisis imaginable. It will preserve wealth during the next crisis, too.

But if you want to truly “crisis-proof” your wealth, we recently released a video just for you...

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Occident Mortal's picture

You don't need gold, gold can be taken from you. The ultimate form of wealth insurance is an education.

guessagain's picture

If you actually received an education and not just an indoctrination...


TahoeBilly2012's picture

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.

JustTheTTIP's picture
As Adolf Hitler said, “Make the lie big, make it simple, keep saying it, and eventually, they will believe it.”


Wasn't it Joseph Goebbels that said this?

God's picture

Aren't Muslims the new Hitlers? According to the USSA. You 'mericans need some new movies by Spelburg.

COSMOS's picture

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. 

Anonymous User's picture
Anonymous User (not verified) COSMOS Nov 26, 2015 9:28 PM

Europe wanted to become a multicultural ho, her dream came true.

Now enjoy:




cheka's picture

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

WOAR's picture

There was a movie about that.

It was called Doctor Zhivago.

coinhead's picture
coinhead (not verified) TahoeBilly2012 Nov 26, 2015 7:21 PM

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!


snodgrass's picture

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.

jmeyer's picture

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. 

snodgrass's picture

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.

HotelBread's picture

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.

WayBehind's picture

Educated and broke. Sounds familiar. Must be the American dream ...

tc06rtw's picture

 In the US,  the  “Point of No Return”  was states instituting  Lotteries  as an  “entertaining amusement”  which would provide funding for schools.

gonetogalt's picture

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!!!

Smegley Wanxalot's picture

Education?  Hah - like those fuckers won't enslave your mind.

Squid-puppets a-go-go's picture

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

Canoe Driver's picture

Squid, And it is failing miserably in this regard.

Canoe Driver's picture

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.

nosam's picture


Wolfbay's picture

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.

silvermail's picture
Education instead of gold?
You can repeat this 1000 times for the relatives of all those highly educated people who died of starvation during the siege of Leningrad.
mrpxsytin's picture

Don't let your schooling get in the way of a decent education.

logicalman's picture

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.


Gief Gold Plox's picture

"I have never let my schooling interfere with my education."

--Mark Twain

FlacoGee's picture

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".

BarnacleBill's picture

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.

Grave's picture

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)

KUDIN's picture

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 . 


James TraffiCan't's picture

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!

Ola Nordmann's picture

Depends on the education. Colledge degrees are worthless, I prefer to be an apprentice, and get actuall skills while I earn a little money.

Noplebian's picture
Noplebian (not verified) Occident Mortal Nov 27, 2015 6:02 AM

Primarily you will need food and clean water......

WW3 – Turkey/ISIS/Russia – The Countdown Has Begun......


Hulk's picture

OT.  Turds Thankgiving interview with Jim Willie



Turd, you have become a Holiday Tradition around these parts!!!

cpnscarlet's picture

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.

Hulk's picture

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 ...

cpnscarlet's picture

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.

Hulk's picture

I respect yout opinion cpnscarlet. I learned along time ago not to make predictions about where this nightmare is headed...

Max UK's picture

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.

guessagain's picture

Pay no attention to the man behind the curtain...


Klemens's picture
Klemens (not verified) Nov 26, 2015 6:39 PM
What you always wanted to know about the ‘Brussels EU’ – But no one dared to tell you The Nazi Roots of the ‘Brussels EU’


Freddie's picture

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.

ZombieHuntclub's picture

That was about useless.

Croesus's picture

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. 



ZEN_and_Now's picture

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.

The Alarmist's picture

I was supposed to buy a fruit stand in Chile?  Shit, no wonder I felt like I was spinning my wheels!

August's picture

Best locale for investing in a fruit stand will be in Libya: great climate, friendly people, and blood in the streets.