Britain's Foreign Office Prepares For Riots In Europe; Sees Euro Collapse "When, Not If"
As every major developed economy hits Bass's Keynesian Endgame, the status quo is set to change dramatically. Nowhere is this climax playing out louder than in Europe and the implicit solution of Germany-uber-alles (while seemingly inevitable though nevertheless lengthy in execution) is likely to not sit well with many of the EMU nations. To wit, The Telegraph today reports that Britain's Foreign Office is advising its overseas embassies to draw up plans to help expats should the collapse of the Euro turn explosive. Almost incredibly, a senior minister has revealed that Britain is now planning on the basis that a euro collapse is matter of time.
The Telegraph: Prepare for riots in euro collapse, Foreign Office warns
British embassies in the eurozone have been told to draw up plans to help British expats through the collapse of the single currency, amid new fears for Italy and Spain.
As the Italian government struggled to borrow and Spain considered seeking an international bail-out, British ministers privately warned that the break-up of the euro, once almost unthinkable, is now increasingly plausible.
Diplomats are preparing to help Britons abroad through a banking collapse and even riots arising from the debt crisis.
The Treasury confirmed earlier this month that contingency planning for a collapse is now under way.
A senior minister has now revealed the extent of the Government’s concern, saying that Britain is now planning on the basis that a euro collapse is now just a matter of time.
“It’s in our interests that they keep playing for time because that gives us more time to prepare,” the minister told the Daily Telegraph.
Recent Foreign and Commonwealth Office instructions to embassies and consulates request contingency planning for extreme scenarios including rioting and social unrest.
Greece has seen several outbreaks of civil disorder as its government struggles with its huge debts. British officials think similar scenes cannot be ruled out in other nations if the euro collapses.
Diplomats have also been told to prepare to help tens of thousands of British citizens in eurozone countries with the consequences of a financial collapse that would leave them unable to access bank accounts or even withdraw cash.
Fuelling the fears of financial markets for the euro, reports in Madrid yesterday suggested that the new Popular Party government could seek a bail-out from either the European Union rescue fund or the International Monetary Fund.
There are also growing fears for Italy, whose new government was forced to pay record interest rates on new bonds issued yesterday.
The yield on new six-month loans was 6.5 per cent, nearly double last month’s rate. And the yield on outstanding two-year loans was 7.8 per cent, well above the level considered unsustainable.
Italy’s new government will have to sell more than EURO 30 billion of new bonds by the end of January to refinance its debts. Analysts say there is no guarantee that investors will buy all of those bonds, which could force Italy to default.
The Italian government yesterday said that in talks with German Chancellor Angela Merkel and French President Nicolas Sarkozy, Prime Minister Mario Monti had agreed that an Italian collapse “would inevitably be the end of the euro.”
The EU treaties that created the euro and set its membership rules contain no provision for members to leave, meaning any break-up would be disorderly and potentially chaotic.
If eurozone governments defaulted on their debts, the European banks that hold many of their bonds would risk collapse.
Some analysts say the shock waves of such an event would risk the collapse of the entire financial system, leaving banks unable to return money to retail depositors and destroying companies dependent on bank credit.
The Financial Services Authority this week issued a public warning to British banks to bolster their contingency plans for the break-up of the single currency.
Some economists believe that at worst, the outright collapse of the euro could reduce GDP in its member-states by up to half and trigger mass unemployment.
Analysts at UBS, an investment bank earlier this year warned that the most extreme consequences of a break-up include risks to basic property rights and the threat of civil disorder.
“When the unemployment consequences are factored in, it is virtually impossible to consider a break-up scenario without some serious social consequences,” UBS said.
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And in America, preparations for somethig are being made:
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These guys are running scared to even draft this bill. Traitors
I have to question the motivation of the British politicians in confirming this for public consumption since this can only add to fuel to the Euro firewood. Admittedly, the Euro as is was always going to burn at some point, maybe as early as within the next few months.
But I am guessing this is just more intentional political pressure on Germany, quite likely an appeal directly to German people, to fear them into making a panicked decision against their long-term interests.
The British politicians are starting to realise how dangerous the EZ failing in the short term will be for their precarious economic plans and are now trying to stem the bleeding by any means necessary.
British will probably start treating this as resumption of WWII hostilities soon!
This is exactly what I was thinking when I read this.
so the damned limey's wanna pull us into another war
let the london financial district sink to the deepest abyss of the channel
So the Aristocrat and oligarch families are going to have to ride the subway and eat tuna fish sandwiches when their banking empires collapse. BooHoo.
Deflation and Greatest depression bitches!
"Some economists believe that at worst, the outright collapse of the euro could reduce GDP in its member-states by up to half and trigger mass unemployment." I say 75% off sale.
"Some economists believe that at worst, the outright collapse of the euro could reduce GDP in its member-states by up to half and trigger mass unemployment."
When was the last time an economist has been right about anything?
Scare tactics. Nothing more. Economists are tools for the banking/finance complex. When they say 'trigger mass unemployment' read 'I'll do anything they tell me to keep my job/status'.
So much for Gordon Browns dream of a New World Order. Not going to happen with so many oligarch banking families going bankrupt as the banks they own collapse in flames.
Gordon Brown New World Order Speech
http://www.youtube.com/watch?v=Uv5cqh26CC0&list=HL1322350331&feature=mh_lolz
Um, and George Soros also.
Can't blame the Brits for planning for the inevitable disaster. Either Germany has to get its people to agree either to ECB printing or to fiscal union or to directlly bail out the rest of Europe. All of these involve moral hazard and subsidies from the hard working German people to the profligate South. And they won't agree. So the alternative is the collapse of the Euro.
So whilst the "I told you so" stuff is unnecessary, it does need to be planned for.
Phil, trouble is, if you are going to take ANY historical precedence (and this is true for anyone) then you have to take the WHOLE historical precedence.
And that means really digging into history, not just recent history of the poor overworked germans and the happily underworking rest fo the Eurozone.
It's a long, collective drift to wehre we are and there are no easy answers.
But some things are obvious and well known. Vatican. City of London. Washington DC.
Three legs of the stool of tools.
ORI
-second-trailer/
yep, ORI i think you and i are down the same rabit hole.
Quite the ride, eh jd?
ORI
A Song: “Men of England”
BY PERCY BYSSHE SHELLEY
Men of England, wherefore plough For the lords who lay ye low? Wherefore weave with toil and care The rich robes your tyrants wear?
Wherefore feed and clothe and save From the cradle to the grave Those ungrateful drones who would Drain your sweat—nay, drink your blood?
Wherefore, Bees of England, forge Many a weapon, chain, and scourge, That these stingless drones may spoil The forced produce of your toil?
Have ye leisure, comfort, calm, Shelter, food, love’s gentle balm? Or what is it ye buy so dear With your pain and with your fear?
The seed ye sow, another reaps; The wealth ye find, another keeps; The robes ye weave, another wears; The arms ye forge, another bears.
Sow seed—but let no tyrant reap: Find wealth—let no imposter heap: Weave robes—let not the idle wear: Forge arms—in your defence to bear.
Shrink to your cellars, holes, and cells— In hall ye deck another dwells. Why shake the chains ye wrought? Ye see The steel ye tempered glance on ye.
With plough and spade and hoe and loom Trace your grave and build your tomb And weave your winding-sheet—till fair England be your Sepulchre.
and his wife's major opus, frankenstein, is an excellent metaphor for the hubristic dream of the single european currency.
Not saying you, or the tone of the thread above, are "wrong", but don't you think that at some point the government needs to act responsibily and begin a campaign of information for the citizens? We have been indundated with MSM disinformation propaganda that has turned out to be lies for months. The sheeple ae beginning to figure it out and the MSM is near complete loss of credibility by the mass of sheeple. Not good. Now the game is drawing to an end, perhaps quickly, and it needs to be hinted at if not outright acknowledged.
Another angle is this: the general plan to overcome sovereignty and install an EU facist government with each country as nothing more that a United States of Europe could be in the works. What better way to do it than civil unrest. The sheeple will beg for the military and not care about their "rights" if they need food.
macholatte, it's a good point. There comes a time when lying reaches a diminishing point of returns. They have to retain credibility or the lies are ineffective. But ultimately, their motives are surely bad.
What many people aren't paying careful attention to (and let's be honest; how many sheeple in the U.S., Europe or Asia, for that matter, pay careful attention to anything of significance) is that we are right now (not a decade or even a year from now) in the midst of the unraveling.
Many people won't accept this fact because they see the Main Lame Ass Stream Media reports of how 'Black Friday Retail Sales Grew Year-Over-Year' (we always see such headlines, before the inevitable revisions and details that are the bane of such misleading headlines later) and they assume that all is well.
Most people realize, at some level, and regardless as to whether they can articulate the whys and hows, that there's been a structural hollowing out of the American, European and Japanese economies. They know or can sense that something significant is happening.
But they do not understand that we're already in the beginning stages of a deleveraging process that is going to last many, many years, and that life as they knew is gone, whether we're speaking of economic, political or social matters.
Just as an anectode: Seniors are now placing ads on specialized boards to rent rooms in residential dwellings with 5 to 10 other seniors. I received an article from a friend in my email today about this "exploding new trend."
The dynamics driving this "exploding new trend" is an economic one. Retirees are now being crushed by ZIRP, the ones with pensions are very nervous about the viability of those pensions, Social Security is being inflated away by The Bernankio, and the bluehairs can see that there's global volatility on a level they've not witnessed since WWII.
I could speak to the factors affecting college students and recent grads, or the rapidly vanishing middle class, too, but one example suffices.
Hank Paulson/Timmy & The Bernank have literally broken the global markets. Nothing is priced where it should be, and there's a larger mass of malinvestment (which will be painfully cleansed) in the global economy than at any other time in history. We're talking a mass of malinvestment that makes the dot.com and housing bubbles look absolutely tame by comparison: It's a combined mispricing of bond and equity markets, inflation-deflation-stagflation trends that are warped based on supply/demand fundamentals, a massive inability to factor appropriate valuations or the capitalizations of banks and financial institutions (again, due to The Bernank's idiotic policies), and a complete lack of the markets taking derivative risk into account, given that derivative risk is 'off balance sheet,' and that derivative risk is non-exchange while other economic liabilities are tracked and measured.
We're either going to have an inflationary or deflationary death spiral. Biflation and stagflation are only temporary phenomena during a small window of time whereby the real markets (too big for the central banksters to manipulate or try and save) fail to appreciate how dire economic and financial conditions truly are (markets are terribly inefficient over short and intermediate time horizons, given central bank & governmental inevitable meddling, but they're more efficient than other mechanisms over a longer time horizon - e.g. bonds historically have priced coming economic conditions far better than equities, even though bonds are now priced in bubble terms as well - again, due to Bernankincide).
I think this just popped up on Bloomberg.
I can't link to the story just yet, but the headline sure makes it look like interesting reading.
Euro May Unravel Before Politicians Can Mobilize to Preserve It, UBS Says
Europe’s monetary union may unravel sooner than the region’s leaders can mobilize to ensure the sovereign-debt crisis doesn’t overwhelm the currency, a UBS AG foreign exchange strategist wrote.
Here it is. Thanks for the heads up.
Euro May Unravel Before Politicians Can Mobilize to Preserve ItGot it now..
And good points all.
Re. “Biflation and stagflation are only temporary phenomena” yeah.. Fed and government qualitative easing (prop equities, suppress PMs) and quantitative easing (inject fiat, suppress rates, twist) will produce Bi/Stagflation until they lose the handle.
And then the train it won’t stop going, no way to slow down.
That's not hard to imagine, as people lose faith in the currency. “Here’s what a senior trader at a US bank told the Financial Times: We are now seeing funds and clients wanting to get out of anything that is denominated in euros and that includes Bunds because they don’t know what will happen to monetary union.”
http://www.counterpunch.org/2011/11/25/germanys-failed-bond-auction/
Man alive, I couldn't have summed it up any better.
IIRC, estimate 2-3 mos ago a ZH member posted a quote credited to Orwell, something along the lines of: a bureaucracy is the dead exerting control over the living...the over-arching purpose of a bureacracy is to insure its continued existence and little else.
I spent much time searching for the original quote and could not find it. I'd be much obliged for any help locating the original quote.
The purpose of bureaucracy is to demolish face-to-face social groups, to break instinctive and emotional social ties and obligations, and to subordinate people to the power of the state. It is cruel, it is wasteful, and it is unjust.
http://www.americanthinker.com/2009/11/the_purpose_of_bureaucracy.html
Banks Build Contingency for Breakup of the Euro
http://www.nytimes.com/2011/11/26/business/global/banks-fear-breakup-of-the-euro-zone.html?_r=1&hpSo the Aristocrat and oligarch families are going to have to ride the subway and eat tuna fish sandwiches when their banking empires collapse. BooHoo.
Like Ruth Madoff - Bernie's wife
http://www.dailymail.co.uk/news/article-1195559/Ruth-Madoff-resorts-taking-public-transport-husband-Bernard-awaits-sentence-Monday.html
I salute you.May the Khazar queen burn in hell.The city controls us.larouche may be mad but on this he is on the ball.
Believe me, the limeys don't want yet another war. We're already up to our eyeballs in the US ones, thanks.
"But I did what I thought was right"
A Bliar
Our wars are our beloved muslim in the white hut's Muslim wars.
I find your posts almost offensively incoherent.
Do you actually think about what you write?
How could you possibly think this is not global in scale? The entire system is connected and it will all default like dominoes. A 600+ trillion derivatives market guarantees it. Those to the bottom first win in the credit bubble deflation. Wages fall faster than commodities even though commodities will not rise in price they will hold value over cash. In Argentina when the credit bubble burst an apartment was sold in barter for a car because of liquidity. When the lender of last resort Mr. Potter (Warren Buffet) is destroyed along with Goldman we know the can has hit the wall. Hard times com'in!
Make that 708 trillion in OTC derivatives... let's go for a quadrillion!!!
But they have carriers and a degree of isolation if violence erupts. They can go get the oil. Maybe they have plans with other nations that have properly equipped navies. It isn't like the collapse wasn't planned, and UK isn't going to convince anyone they didn't see it coming.
Then again, you could be spot on because the Euro isn't likely to ask UK to join if they don't have money for the bailout fund. Its all going to be twisted as TPTB runs out of options.
Bloody 'ell right. S'why we fought them Jerry bastards now, idn't it?
No sympathy here, they bombed my grannys chip shop!
lol!
Funny part is that the Bank of England is going to start printing money to save it's own banks.
So the real question will be: who's going to get fucked first.
Not like the english will be any better.
If things hit the fan that badly, 'riots across Europe', Britain will be one of the worse places to be in this part of the world. The UK social fabric is fragile and edgy-violent enough already.
Scandinavia and North-Western Europe, our area, will be the better-off quadrant. We have our societies better balanced and more fairly run, where the working classes are the best off; and our upper classes duly recognise the populist forces they would face.
European peoples won't go along for very long with 'austerity' imposed by foreigners - outsiders - banks. If the EU authorities don't act wisely to restructure things quickly, the European street will bring things to a full stop not too long from now.
"We have our societies better balanced and more fairly run" i.e. citizens don't have guns.
actually, citizens do have guns, just not the huge stores of assault weaponry, etc. found in amrka, nor the accompanying deaths & crime.
http://blogs.loc.gov/law/2010/10/british-gun-laws-what-it-takes-to-lawfu...
Praise that handgun ban you mindfucked little bitch!
"In 2007, opposition Home Secretary David Davis made clear that U.K. gun policies had failed, citing the goverment's own figures showing that gun-related killings and injuries had risen more than 400 percent since the handgun ban." - It Will Never Happen Here December 2011, American Rifleman.
Last I heard, a farm owner could get her shotgun confiscated for merely demanding aggressive gypsy squatters stop cutting her trees.
http://tinyurl.com/67czycz
Please Cathartes Aura, shove off and take that law library fool with you. The British have made a mockery of law and freedom, and exist as little more than a cautionary tale at this point.
I was wondering who the "we" was in that statement.
Could give the Swedes a good excuse to do some house cleaning in Malmo.
This European riots and bankruptcy is largely about union govt workers bankrupting these countries, especially Greece. Kyle Bass on a video here on ZH talked about how the EU/ECB/IMF bailout group told Greece they could only hire one new govt union worker for every 5 that retired then they bumped it to 10. The bailout group showed up in Greece and found the Greeks had retired 20,000 Greeks with full pensions and hired 20,000 new ones.
This is OWS too - all union shit. Obama used most of the TARP money to bailout govt union workers nationwide so the states could avoid needed cuts. It is all union Democrat, ACORN, CAIR muslim shit. CAIR supports OWS. We saw they wilding in Wisconsin too.
Think Detroit too. Detroit is out of money and the Repub state govt has told them that the state is not bailing out Detroit anymore. Game just about over for Detroit. Govt union workers are a protected class in Europe and in the US.
Is your writing based upon ignorance or propaganda?
Even mervyn king gov of bank of England stated clearly we cannot blame this mess on the unions...So shall we try blaming Big Ears and other friends in toy town...
You must be a COCK Brothers TROLL! You have no fucking idea what OWS is! I have been there and half of us are Republican, most of us have jobs and are middle class! This isn't about unions you MORON COCK Brother! This is about banks being bailed out, giving themselves a bonus, NOT fucking one of them going to jail! 1000 went to jail during the S&L failures. O'Bummer did what the Shrub did bailout without reforms! Corporations are not people and money is not speech! FUCK OFF you 1% tool. Here is a clue you clueless fuck, you can dream but you will never be part of the 1% no matter how often they tell you that lottery ticket you buy every week makes you think so! The 1% pay 15% in taxes, it time they pay their share as we who work for a living do! Long live OWS! It's time we take our country back from both the Dummycrates and Republicons! Go to a ralley and you will see what the 1% and the media don't want you to see! My eyes were opened. Go to China you fucking 1% tool so you can work 12 hrs a day for .38 an hr. with no healthcare! That's what the 1% have in store for you, you Cock BROTHER TOOL!
I feel your pain there Landrew but I'd argue that we all should be paying 15% taxes, cut spending to reflect revenue and let the chips fall where they may. We'd find out pretty quick the difference between "need" and "want". Of course the current monetary system must collapse in order to muster in a fair system that stops gov't corruption (good luck with that).
I agree, raising taxes to what we working people pay will not do it alone. Ron Paul has it right, we need a downsizing of gov. to meet the current budget. In order to do that we need a massive cut in defense spending just to what the rest of the world spends would do. I myself want water I can drink, air I can breath, roads, bridges, schools. Without those functions we live in Mexico and NO thanks. I don't want to compete with lower and lower wages driven by the 1%! I would rather force China to increase their standard of living rather than we meet them at the bottom. We need to return manufacturing to this country as we have given tax breaks to the 1% for moving our jobs to China/India! The 1% could care less where their money is made. They have sucked this country dry and are moving on. I say if your workers are overseas you are a foreign company and you are taxed as such! Bring the workers home and you can do business here, otherwise good luck with your new Chinese government masters! How long do you think they would have THEIR business ha!
Yes they will be the best... until someone else invades you. At that point the UK will rescue (again).
Actually, the British Banks are either part Nationalised or re-capitalised and are in rather good shape compared to the German and French Banks.
Without breaking out specific numbers, I'll put a SWAG out their that will crush the SWAG you just laid down: U.K. banks (both British and Irish) are probably worse than any other European nation's banks with the exceptions of Spain, Italy & Greece.
British banks are probably about as bad as French banks. And that's bad.
And think of this little, juicy, morsel - England's housing market hasn't really taken the deep plunge yet (Ireland's housing market has undergone a far larger correction), but it will. When that happens in England, look out below, because there's even less a foundation of real, organic economic activity than in the U.S. to absorb the balance sheet hit to banks and consumers.
The ONLY reason why we're not seeing a formal proclamation of the PIIGS+UK acronym is because England only went one foot in on the European Union experiment, really, reserving the ability to print its own money, and with much of the country opposed to giving up certain sovereign rights (although they haven't raised much of a ruckus given that they really gave up their sovereignty to the Bank of England, which is the precursor to our Federal Reserve Bank, and is in fact, the original Red Shield fractional reserve banking tentacle & parasite).
i know kyle bass gave weight to this fact and big respect to kyle... but I give precedence to the fact that all banks are total Aldridge Prior fuck pig liars...and you can take those recap figures to the bank...LOL
But see, 'at's where the line's drawn, id'n it? English be fuckin' 'em selves, not having bloody lot of unelected smelly Europeans bendin' over the old Welsh sheep, is it?
Fookin' wankers.
Stay on yer own bleedin' side the Channel, cocks! Fix that wif a spot ov bovver, now won't we.
LOL, exactly
Still waiting for this so-called dollar "parity" event to happen, too.
Hell, I'm NO fan of the euro. But I'm even less a fan of gasbag lobsterback politicians who think they can predict the currency markets.
Matter of fact, when I step back and take a look at EURGBP weekly, I can't help but notice how it looks exactly like a ginormous teacup that's been basing out since the 2008 blowoff.
Maybe we'll get to see some EUR parity after all... with the pound of shit sterling
Yes, but the fact they are resorting to this level of fear mongering means shit is very close to the abyss now. Anytime you release something like this you increase the risk of bank runs.
The pressure being applied to Germany, and England, is nothing more than a desperate money grab. The Greek government has the gall to offer bond holders 15 cents on every 100 cents of outstanding debt and Greece plans to make this payment from the recently negotiated 2nd bailout. The failing EU countries want what Germany has and have now resorted to open Mutually Assured Destruction threats if they don't get it. Germany knows this and is refusing to throw good money after bad. I would be very impressed if Germany holds the line and refuses any additional bailouts or monetization. Germans know that throwing more money at this problem will only delay the inevitable by only a few months if that long. Wiemar is still very close to the surface for many Germans.
Fuck the Brits. They can't even fix their fucking teeth much less prepare for jackshit. I know they'll send in a Montgomery taking the bow after the U.S. has to clean up the mess. With an 'ally' like the Brits who needs enemies? Bunch of socialist wimps.
"Jolly wank viscious ignorant savage rioters I say ol' boy. Why we would never do that here I say."
Naw, you guys would just shit your pants pounded up the ass all day. Stiff upper lip and all that other BS. The police-state 1984'ish defenseless can't own a gun horrors and general loss of liberties you've let yourselves get into sez it all. All for the sake of proper political correctness. Wankers.
i say, steady on there old boy. your diatribe is a bit harsh. what.
Well it felt good to let it out. Ok, good point about the harshness. I say, let's discuss this further over tea and crumpets at 3' ish ol' chap?
Oh good show.
Carry on lads! ;-)
Well indeed. That's all good. Join us for a spot then?
Just you wait old bugger. Once I have finished my tea I will step outside and show johnny foreigner a thick-ear.
I say there senator, sounds like a bee in the bonnet have ya? Here, take a swig of this for the hair of the mutt that bit ya.
well how about pots calling pans grimy fucking arse....
And we're any better, having become a bunch of pepper spraying fat fuckers!?
I can't see much difference in socialist policies between the US, UK, French, Germans, Canadians or most of the "progressive socialist" nations on earth. I can't hold up a mirror to the Brits without looking at the US government first. I'm no fan of the UK, but everyday in UK newspapers such as the Telegraph, stories are being published about the impending Euro currency implosion. It's at least giving those folks time to prep and get their $hit in order. What are we getting over here? News on Black Friday shopping deals on front page headlines, and shoppers using pepper spray in stores? Our media has gone out to lunch and they're not coming back. Americans are totally unprepared for what is about to happen. There's at least a 50/50 chance or greater that the Euro will fail before this Christmas triggering massive sovereign defaults across Europe. I'm preaching to the choir, but if the SHTF in the next 30 days, folks in Europe will be getting a lot thinner.
in uk i tell you know one knows fuck all about gold or silver and msm completely keep a lid on it.. no one is prepared.. but this is no reason for ascinine rant abusing the uk...i dont come to zh for mutton head racist rants.. but end up reading it to get to the intelligent posters on here
Oh you mean like here in the states? I thnk the pepper spray told you what's in store for OUR RIGHTS! I think O'Bummer should be impeached for using HOMELAND (Fatherland) against citizens! That is impeachment a factor of 10 beyond the blue dress.
+1
They need Germany on board to let the ECB begin absorbing PIIGSFUK sovereign debt, in which case they're simply sacrificing their economies by wicked inflation and currency debasement (not the same things, but they'll get the worst of both of these experiences), in order to maintain the cradle-to-grave welfare states they've established, IF ONLY FOR A FEW MORE YEARS, and so they can keep their incredibly bloated public/government employee sector fat & happy for a while longer.
Any German that sacrifices 2 generations of Germany's citizens' futures to prop up the fatally flawed EU for a few more years at most is a traitor and should be treated accordingly.
I travel to Germany about once a month on business and I can say with 100% confidence that the overwhelming majority of German citizens wants nothing more than to wash their hands of the PIIGS nations and leave them to their own fates. While the high level leadership, like Angela Merkel, may be persuaded to ease restrictions on Euro Zone currency rules to permit Euro currency inflation under enough pressure, the local politicians are getting an ear full non-stop everyday from the German people who are vehemently opposed to any new bailouts for the PIIGS. It will be interesting to see what Merkel decides to do before year end; fall on her sword, or listen to the German people. Personally, I'd listen to the people if I were her.
The advice is fair given the dangers of getting stuck in a collapsing nation, and whilst there's always the possiblity that you are in fact correct, I find the level of animosity towards Britain coming from U.S. commentators baffling, thick and childish. I had a brief converstaion last weekwith an American from La Rouche. For those familiar with this organisation, you'll already know that they blame Britain for all the world's ills and lay squarely at it's feet a plot to start WW3.
Firstly, it is Britain that has been dragged into most of America's wars since 1945. Secondly, blaming your old colonial master for all you home made problems not only sounds immature; but makes you look like you can't take responsibility for actions and screwing up your bizarre culture experiment in less than 200 years.
American's should grow up, as a nation your sound increasingly like nothing more than chilren throwing your rattle out of the pram.
amrkns can be terribly immature when it comes to "defending their status," so I'll not take up the defense here - but I think it's the financial class in Britain that most here at least are pointing fingers at - after all, The City & the Wharf are headquarters (oooh, if only their heads were. . .quartered! sooo close to Tower Bridge too, sigh) for globalist banking cult that is pulling all the strings now, including dragging allied nations into resource wars. (hint: stop volunteering for the career chaps)
anyone who blames another "nationstate" is still labouring under the delusion that national boundaries are anything other than invisible fences around the livestock - it's a great big ole feedlot now, and the slaughterhouse can be sniffed from here.
How true, we at the bottom will fight amongst ourselves for scraps as the 1% look on from the box seats. Bring back the guillotine! Would you rather have hand powered for drama or mechanized for speed?
and some...well said .. but most usa posters are not of this ilk
Britain is the pot calling the kettle black. The City as financial center is emptying out and that was their big show.
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Fuck the Senators,
You's Americans better learn to fight like soldiers soon,Against soldiers.
Or die like cowards.
Many commentators on this blog type of martial law, silly. The US has 3 million military members, including the National Guard and Reserve. 20% of the 3 mil overseas at any one time, deployed somewhere or based in Japan, Korea, England, Germany, etc. Of the 3 mil, MOST are not combat troops (90% of the Air Force and Navy for example, plus staff officers and enlisted folks, logisticians, finance, etc.) The US military couldn't maintain martial law in California alone, much less than the whole country. Besides, many of us wouldn't round up our fellow citizens anyway.
If there is a massive collapse and riots and burning, we'll be more concerned with protecting our own homes and families, vs running around attempting martial law foolishness.
If the cities do start burning, I hope you have the means to protect yourselves, you can count me and many of my fellow troops out.
And that's called "Fuck you Jack, I'm all right, pull up the ladder.....
More like, I am not there, I'm stuck in another country, and/or when I get back to chaos, I will be guarding my own.
Sure it is and a dose of truth on the side.
" MOST are not combat troops (90% of the Air Force and Navy for example,"
And you know this first hand?
I spent six years in the U.S. Navy, and we had to qualify regularly with M-16's, 1911's and 12 ga. pump riot shotguns. We routinely conducted close-quarter force on force drills at sea and in port. We had to be able to supplement shore forces (USMC) protecting our bases.
My rate? Machinist Mate. That means I worked in the engine room on a ship (or submarine). This training was required for everyone on board in the 80's. So, your broad suggestion that most of the Armed Forces are in support positions doesn't paint the whole picture.
Additionally, the oldest of my two younger brothers just transitioned into the reserves. He was in a "Special MP" unit (urban tactics). His feel is that they were being trained to some day be used CONUS, but nearly everyone he spoke with in his division hinted that they would not violate Posse Comitatus, and many have been spreading the word. I have been able to glance over the non classified parts of their strategy and planning guides. Good stuff there.
Yes sir, first hand, Air National Guard. Trust me, times have changed. The weapons training is not what it used to be unless you are spinning up for a deployment. Urban warfare/martial law is a whole different animal.
I'm not trying to ruffle any feathers, just trying to make the point that martial law in the US is a silly pipe dream due to force size, logistics and most importantly sentiment like "Oath Keepers."
Dixie, you (and I) might be suprised and disappointed as to what happens to all the greatest of man's intentions and beliefs when things deteriorate to such a point that he and his children won't eat unless he follows orders.
I've never experienced this, and I hope I never live through such a period, but history advises us that we'd be naive to think that she neither repeats nor rhymes.
"Trust me, times have changed. The weapons training is not what it used to be unless you are spinning up for a deployment"
That is just so demoralizing.
"Urban warfare/martial law is a whole different animal."
If what you are saying is that won't happen - then we are in agreement. They will never try to use our own troops against us on our own soil. Of course we may be "liberated" much the same as Libya and Egypt were. That NATO agreement works both ways. We could call for help when we are "attacked" by Mexico, and they would all swoop in to help "stabilize" our country and economy.
I'd say go read the details of S1867 that is being voted on tomorrow before you get too comfortable with that view. Google it.
I wonder if the "many of us wouldn't round up our fellow citizens anyway" would round up those same citizens if they were given new labels by those who authorise your pay? because I see the Congress is pushing their legislation forward to strip citizens of all civil rights, to be disappeared at the drop of an order by someone "higher up" than you - do you follow the order when the citizen is renamed a trrrrrrst, or NME combatant or suspicious or threatening or????
I'm betting on compliance for now, because that's just how the story always goes - would love to be proven wrong, but anyone IN SERVICE right now is a volunteer to what is actually happening in the world, and that's ugly.
please, DO prove me wrong, soon.