• Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.
  • Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.

Everything You Need To Know About Europe's Dilemma In 4 Minutes

Tyler Durden's picture




 

The current crisis of the Eurozone is a result of the imbalance of economic power between the core and the periphery but once one understands the non-economic and completely political strategy that is occurring, comprehending the at-times-incredible decision-making (or lack thereof) is at least easier to digest. Stratfor's Adriano Bosoni provides a very succinct description of everything you wanted to know about Europe's 'situation' but were afraid to ask in under 240 seconds.

 

"At the center of the debate lies the question of national sovereignty, the core and periphery of Europe will then have to decide how much (or how little) they are willing to compromise in order to find a way out of the crisis. The answer to this question will not be the result of an economic analysis - it will be the result of a political calculation."

 

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Thu, 05/17/2012 - 22:04 | 2438168 phungus_mungus
phungus_mungus's picture

Damn, some of the gals in the ads on this website are HOT!!!

 

Thu, 05/17/2012 - 22:24 | 2438223 Eireann go Brach
Eireann go Brach's picture

FUCK Ze Germans!

Sincerely

Everyone else in Europe

Thu, 05/17/2012 - 22:29 | 2438233 walküre
walküre's picture

You don't speak for "everyone else" in Europe.

Keep to yourself Irishman.

 

Fuck the EU and the Euro!

Sincerely,

60% of Europeans.

Thu, 05/17/2012 - 22:48 | 2438284 Dingleberry
Dingleberry's picture

"Fuck you ALL"

-Iceland

Thu, 05/17/2012 - 23:08 | 2438334 Manthong
Manthong's picture

From each Nordic/Teutonic according to his ability, to each SPIIG according to their austere needs in order to enrich the finance and political elite according to their greed and avarice.

Thu, 05/17/2012 - 23:46 | 2438419 knukles
knukles's picture

"The current crisis of the Eurozone is a result" of a dumb ass idea.

Fri, 05/18/2012 - 00:27 | 2438503 Harlequin001
Harlequin001's picture

It is a result of fractional reserve banking and fiat money.

When we eventually go back to gold the EU will be over...

Fri, 05/18/2012 - 00:40 | 2438531 Totentänzerlied
Totentänzerlied's picture

that, combined with entirely too much of other people's money and not one of iota of sense

Fri, 05/18/2012 - 05:08 | 2438682 lewy14
lewy14's picture

Oh no, knuckles. Not dumb. Brilliant.

This "Euro" thingee looks set to break the nations of Europe forever and unifiy the Continent, succeeding where the guns of Napoleon and Hitler failed.

How can you call that "dumb"?

Edit: I should hasten to add, this is not my policy, or my preference. It was the stated goal of the Euro from inception and it looks set to realize that goal, with the crisis necessitating political decisions which which could not otherwise be taken.

Fri, 05/18/2012 - 05:58 | 2438825 Harlequin001
Harlequin001's picture

Bollocks. The only thing that comes out of this is riots and instability.

Fri, 05/18/2012 - 01:22 | 2438622 Danielius
Danielius's picture

here in Lithuania they instituted their OWN austerity measures long ago, kept the IMF out (unlike Latvia) and now are looking at 4% growth, which is not bad.  It was painful for a while, but not like Greece, and now things are looking up and I agree with the F- Germany. 

 

Fri, 05/18/2012 - 04:15 | 2438788 Belarusian Bull
Belarusian Bull's picture

Half of Belarus does their shopping in Litva and Poland. The goods are cheaper and higher quality. Revunes from visas might be a good portion of government revenues :)

Fri, 05/18/2012 - 04:57 | 2438798 fockewulf190
fockewulf190's picture

We can consolidate the four minutes to four words...."Shits hitting the fan".

Fri, 05/18/2012 - 03:20 | 2438759 edotabin
edotabin's picture

"We're fucked"

--Greece

Fri, 05/18/2012 - 06:40 | 2438852 odatruf
odatruf's picture

D'oh!

- Homer (Greek Poet and Bart's dad)

Fri, 05/18/2012 - 05:22 | 2438807 Peter Pan
Peter Pan's picture

The Eurozone is dead. How on earth does any nation accept that it has to subsidise rightly or wrongly another nation, possibly ad infinitum, when there are racial, historical and religious differences let alone different demographic trends and pressures. Even in Italy, the Northeners can't stand the southerners for a host of reasons and have often talked of breaking away and Merkel and Co think they can create a moving vehicle with bicycle, scooter, car and truck tyres on each rim? Give me a break.

 

Fri, 05/18/2012 - 06:55 | 2438870 Semfiguras
Semfiguras's picture

Germany 2 - Greece 0

After Greece tough Democracy, the german barbarians are again destroing democracy, they did it in the last century with tanks, they did it now with bags of money

Fri, 05/18/2012 - 07:07 | 2438885 AnAnonymous
AnAnonymous's picture

How on earth does any nation accept that it has to subsidise rightly or wrongly another nation,

________________________________________

When that any nation has turned that another nation into a client state in order to provide themselves a future and a present.

See many articles and comments on the consequences of German mercantilism.

Fri, 05/18/2012 - 07:36 | 2438917 ThirdWorldDude
ThirdWorldDude's picture

"When that any nation has turned that another nation into a client state in order to provide themselves a future and a present"

 

Er, you mean like what China is doing to Thibet? Enslaving a whole nation and spoon-feeding it just enough so it doesn't die of starvation, while in the meanwhile plundering all of the resources the nation has...?

 

I'm curious, do you get paid for spreading the Maoist propaganda or is it included in your ISP's 'terms of use'?

Thu, 05/17/2012 - 22:32 | 2438243 Acorn10012
Acorn10012's picture

If Merkel gets you warm...you should sell your secret to the Viagra people.

Fri, 05/18/2012 - 01:37 | 2438642 trebuchet
trebuchet's picture

germany about to viagra inflation

Thu, 05/17/2012 - 22:53 | 2438295 Acorn10012
Acorn10012's picture

I've visited 513 porn sites and all I'm getting is the birdfeeder ad. Maybe 666 is the magic number for seeing the t-shirt wenches?

And now Obama is trying to jail Sheriff Joe? What the hell is going on here?

Thu, 05/17/2012 - 23:13 | 2438341 Global Hunter
Global Hunter's picture

I used to get the t shirt wenches and they were great but now I'm getting ads for baby clothes...what the hell is going on here.  haha

Thu, 05/17/2012 - 23:21 | 2438363 flacon
flacon's picture

I'm still getting ads for APMEX. I've been bugged! 

Fri, 05/18/2012 - 00:29 | 2438509 Harlequin001
Harlequin001's picture

something to do with 'Quantitative Trading Strategies'...

Obviously I should surf for more porn...

Fri, 05/18/2012 - 01:01 | 2438580 indygo55
indygo55's picture

I only get ads for Facebook IPO. Yeah, right. Damn that banker/consultant!

Fri, 05/18/2012 - 05:04 | 2438801 fockewulf190
fockewulf190's picture

I'm at least getting the Brazil babe with next to nothing on hawking $10,000 plots of land. Then when I hit the reply tab my woody instantly disappears when Warren Buffet shows his ugly assed mug. What a downer man!

Fri, 05/18/2012 - 08:48 | 2439122 CaptainObvious
CaptainObvious's picture

Your ads are determined by your browser search history, so maybe it's time you had a little talk with the wife. ;)

I have my browser set to never remember history, so I see all kinds of ads, but I haven't been lucky enough to see the fabled tshirt wenches yet.

Thu, 05/17/2012 - 23:32 | 2438385 neutrinoman
neutrinoman's picture

Well, good sir, you didn't think we came to this site to romance Mr. Durden, did you? We came to romance the young ladies in the ads, and, failing that, to romance the ads themselves.

Fri, 05/18/2012 - 03:17 | 2438753 Gavrikon
Gavrikon's picture

And they NEVER return my calls!  When I THINK of the number of TIMES I've held up my computer with one hand . . .

Fri, 05/18/2012 - 01:55 | 2438677 Western
Western's picture

99% of my ads are Apmex or similarly bullion based companies.

Thu, 05/17/2012 - 22:07 | 2438174 czarangelus
czarangelus's picture

Stratfor, huh? Why am I not surprised the commentary is so stupid? THE CRISIS IS NOT POLITICAL, the crisis is "spending more than you earn." Germany bailing out Greece is not a solution to the crisis, it's just wealth redistribution to create a lowest common denominator!

Thu, 05/17/2012 - 22:39 | 2438262 kridkrid
kridkrid's picture

No, the problem isn't spending more than you earn, either. That is a symptom, not the cause. The cause is central banking. More specifically, usury + fractional reserve banking. I agree, however... The Stratfor commentary was uninspiring.

Thu, 05/17/2012 - 23:24 | 2438370 flacon
flacon's picture

Sacrifices are a necessary good for the people. I mean... who will build the roads if we didn't have politicians and bankers? /sarc!

Thu, 05/17/2012 - 23:48 | 2438423 knukles
knukles's picture

Slaves

Fri, 05/18/2012 - 04:01 | 2438784 ThirdWorldDude
ThirdWorldDude's picture

+1  As usual, Stratfor "forgets" to mention the flaws that the new EU Treaties bear within themselves.

 

Fuck supranational sovereignity, go back to the EEC Treaty of 1957/65 and drop that Leviathan off in the Mariana Trench where he belongs!

Then let the people deal with their own Central Mafia...

Thu, 05/17/2012 - 23:04 | 2438287 Bring the Gold
Bring the Gold's picture

Its a great solution if you are a bank that has bonds that are underwater. Taxpayers of the various EU countries? Not so much. Let's see what have they tried so far...oh right bail out the banks.

Guys its the same thing all over the world (BRIC's and asia aside). You put in a politician who is a banker shill. Shill runs up debts throwing pork to the elite and crumbs to the proles (they love to buy expensive military gear eg Greece buying GERMAN subs). Then the banks say "oh you can't pay back your debt why don't you just sell us your national assets?" They always want stuff like gold, islands, ruins (acropolis anyone?), oil (in Africa) and so forth and so on for pennies on the dollar in a fire sale which in no way gets you out of debt (read our control).

They also want everyone in debt so they can blow up the system and replace it with a single unified currency out of the BIS and a Brussels style unaccountable, unelected, opaque burreaucracy to run the entire world.

That's what's going on peeps. They tested it out in Africa in the 1960's and 1970's also in Central and South America (Don't cry for me Argentina...cry for yourself) and it worked like a charm. Greece is a test to see if it works in the 1st world. Btw don't buy the Germany vs Greece etc stuff. It's banks vs everyone else. Greece is to the EU banks (and American bond holding banks) what AIG was/is to Goldman Sachs. A conduit of cash from taxpayers to the bankers that makes it look like that money is being used to keep society (insurance, or greek social structure) from crumbling when its really just a transfer from taxpayers to bankers.

 

Fri, 05/18/2012 - 03:22 | 2438749 wandstrasse
wandstrasse's picture

who is the real mother of central banking?

evolution programmed humans (like other species) to take what they can have NOW. Reason can care for a future longer than one year ahead, instinct cannot. Instinct is stronger than reason. THIS is the REAL mother of the central-government-banking-fiat-ponzi: Fuck the future, fuck our children, fuck the sweatshop slaves, fuck the victims of petrodollar wars, fuck freedom, fuck the environment. I desperately NEED fancy car extras, holiday travel, electronic toys, designer furniture NOW, my neighbour/colleague/brother has them, too. I did the same most of my life, so I know what I am talking about. However, I did NOT know, like almost everyone STILL does not know: most of this wealth was printed, out of nothing and the purchasing power of this printed pieces of nothing comes from brutal force by the western world. I somehow always felt uncomfortable, but taking the red pill did not make me feel better, in contrary it is still painful to see the truth and to see the abyss in front of us, while having no idea if / how to return or get out of dodge.

PS: great post, BtG!

Fri, 05/18/2012 - 05:58 | 2438827 hamurobby
hamurobby's picture

Your post made me think of monkey traps. Humans are not much different.

Thu, 05/17/2012 - 23:11 | 2438340 MayerRothschild
MayerRothschild's picture

"From now on, depressions will be scientifically created." -Charles A. Lindbergh, Sr

Thu, 05/17/2012 - 23:25 | 2438374 flacon
flacon's picture

Fuckin' pH Dees; always fuckin' with the laws of nature!

Thu, 05/17/2012 - 23:12 | 2438342 Plumplechook
Plumplechook's picture

Wrong.  The cause is the stupidity of adopting a single currency for separate nation states with totally different economies and fiscal positions.   Multitudes of economists warned about the dangers and impracticalities of this when it was first suggested - not least being the way it would impoverish the peripheral countries leaving them with no flexibility to devalue their currencies to improve their competitiveness.

Now we are seeing the results of this stupidity.

Thu, 05/17/2012 - 23:19 | 2438359 Bring the Gold
Bring the Gold's picture

You really think this is an accident? Nope. It's a VERY well orchestrated and brilliantly executed plan. The thing is, it works best when people don't get it and are falling back on old hatreds. Germany vs. Greece, lazy vs hard working, Republican vs Democrat, Socialist vs Capitalist anything but what it really is. The masters of fractional reserve, interest bearing debt fiat currency vs everyone else. They will fail, but only once people see what's really going on.

Fri, 05/18/2012 - 01:14 | 2438608 GottaBKiddn
GottaBKiddn's picture

A perfect plan and a perfect outcome for the planners. All the "sovereigns" and all the banks are bankrupt, while almost all of Europe is in depression and ready to accept the abject slavery of "The Only Solution". This time is not different.

Fri, 05/18/2012 - 03:55 | 2438781 Bag Of Meat
Bag Of Meat's picture

The only reason I do not believe in long-term "conspiracy" plans is that people are TOO greedy to plan so much ahead... Especially this kind of people,bankers and politicians, they wouldnt plan anything for more than 5 years. They simply are too greedy.

Fri, 05/18/2012 - 03:18 | 2438754 Gavrikon
Gavrikon's picture

But mostly, totally different cultures.

Thu, 05/17/2012 - 23:12 | 2438343 Ookspay
Ookspay's picture

BINGO! Fucking BINGO!

But don't worry, BO and the libs will get socialism right this time, no really... Just like FDR and LBJ, really!

Thu, 05/17/2012 - 23:44 | 2438414 Canadian Dirtlump
Canadian Dirtlump's picture

yeah i saw stratfor and immediately yawned whilst evacuating my bowels. 

 

he failed to touch on financial fraud, economic terror or the fact that merkel was once called an unfuckable lard ass by silvio berlusconi.

Fri, 05/18/2012 - 01:03 | 2438588 PersonalRespons...
PersonalResponsibility's picture

Quite a few times I thought it was a joke.

Fri, 05/18/2012 - 01:07 | 2438596 AldousHuxley
AldousHuxley's picture

who gave the poor mortgages they can't pay back?

who gave greece the loans they can't pay back?

 

 

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