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Everything You Need To Know About Europe's Dilemma In 4 Minutes
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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The EU could have been a good idea. But unfortunatley they never asked us proles what we thought about it, it was implemented for 500 million people by complete and utter fucking idiots, many who were former commies and maoists.
And now we are about to find out what the 500 million proles of the EU think about it. Seriously, if this is all mankind has to offer, we deserve our fucking fate.
The EU, fucking folk over for fun tm.
I don't know who this punk thinks he is, but it's apparent who he works for. The Brussels power grab gives it away.
Besides he seems like a phoney fuck too.
For reality check listen to the Greek Panos Kammenos as he describes in painful detail the Greek Crisis, AND therefore the Euro crisis. His speech starts about 3 1/2 minutes into the video and you have to read the subtitles, but it makes your hair stand up.This was back when the crisis was beginning to escalate into phase II.
http://www.youtube.com/watch?feature=player_embedded&v=NyWRpPeSyFA
What we have been saying and over and over...this entire crisis has been meticulously arranged. The outcome in the minorities eyes, has already been determined. Unless we GET MORE PANOS KAMMENOS's passion.
So it is only fair that the German people become slaves to the periphery nations and that all German children are born into debt to the periphery. How can anyone suggesting something so obviously unfair consider it "only a political problem." In what world is it fair that the German people should continue to have no voice in how Greece is run but unlimited financial responsibility. The whole thought process behind this is insance and only someone who is so steeped in ideology that they have lost sight of reality could think this is right and just.
The solution is that Greece default on it's loans and leave the Eurozone, Germany lives with it's losses including whatever it takes to keep it's banks solvent because they were foolish enough to participate in this farce. Greece becomes independent and learns to stand on it's own two feet and live with it's own political and financial decisions.
one more reason not to subscribe to STRATFOR. Solution is not economic but political? Has this frikkin genius looked at the math? Germany does not have enough money to bail out the rest of Europe. And while he may think France is in the core, they need bailing out too.
Iceland is the only nation that has gotten it right so far. The EU needs to hit the reset button.
I tend to agree, but the Bilderberg group, who survived WW2, would disagree.
Where do they get these idiots from? This guy is more likely a NWO PR guy than an intelligent human being. The problem Europe is facing is a combination of having the right to issue money in Europe owned privately and too much debt. This is causing a dominoe collapse with the weakest falling first. There is no way out of this without addressing the problem and moving to a new financial system...and the proof of this is unfolding daily before our eyes.
Only Federal Europe can fix Greece if it stays in Euro. As the presentation correctly pointed out its do or die time for European integration OR nation state peripheral disintegration. Its now a POLITICAL decision. What the presentation occults is that the sovereign debt crisis in Eurozone, apart from Greece, is PURE SPILLOVER from US banking crisis of 2008. The gorilla in Eurozone is private banking disaster, as contagion from US financialisation, further fueled by Merkozy negligence to clear the Euro banking scene and bolster ECB lending on joint and several basis as of Day 1 in 2009.
Now the contagion is so big, only a political solution can solve this problem from becoming political disintegration in perpipherals and civil wars. Go federal and suffer for twenty years or go local, let each peripheral burn and bring down the whole financial shooting match in first world in next two years. Either way its a big lose-lose scenario.
Falak, you're a smart guy, but how on Earth do you think collectivising a national debt problem up at EU level solves anything?
Individual Govts (politicians) have run up huge bills in their countries. That's where the solution should be, by them taking responsibility at national Govt level for national Govt problems
chucking the problem up to EU level is the biggest buck-pass in history
nobody at national Govt level has been held accountable and nobody at EU level is holding any of these irresponisble debt-spending tossers to account either... even when they've used Goldman Sucks to defraud their way into the EU so they could pig-out of cheap money debt
Stop passing the buck, jail the politicians that have caused this friggin mess and throw away the key
I'm not saying its gonna solve anything; I'm saying there are ONLY two realistic issues out of this mess; depression and Armageddon. But in the interim these guys have to fly their political kites even if they nose dive. The Euro federal route is a cut and paste FED-USD/USA type solution, a century later in Europe! That is if Pax Americana calls the shots; I agree its not exactly the best example to follow! If not, some new world order will emerge from this first world mess where we rot in limbo until we find a way out of energy conundrum that changes our life styles, priorities, world population and living habits. Tipping times where all options become open.
"The current crisis of the Eurozone is a result of the imbalance of economic power between the core and the periphery.."
Say what?!!
So if Greece had more power Europe would be better for it????
The problem is debt-spending politicians, it's got fuk-all to do with the collective of Europe or which desk position they have at Brussels HQ
The problems at the EU are the exact same at national Govt level and local Govt level: politicians with no accountability spending their budgets into oblivion and beyond the means of their citizens to repay
Govt/politicians are the problem at every level...chuck all the suckers out.. Stop Paying Your Taxes
It is very interesting to see how almost everyone has bought into the myth propogated by the banks.
Think back, way back to 2008, when the banking system ponzi exploded and governments rushed in to preserve the "system" with trillions of dollars pumped world wide, into the banks rather than let them implode.
Now that the chickens are comming home to roost, TPTB have managed to convince the simple minded that this of course is the fault of profligate governments. And while, those truely responsible, get off scott free, the working stiff gets to enjoy the benefits of austerity programs.
Come on people. Have you all forgotten what you've been reading here for the last 4 years? It amazes me how gullible, supposed inteligent people can be.
Once more, The Werhmacht gears up.
Read Hitler's Political Testament.
The goal is a pan-German Europe.
A Fourth Reich with Germany as the first of equals.
"And zen, mein Fuhrer, ve conquer ze vorld."
Possible. The Germans are behind many scenes. They are behind the scenes in the US and being the scenes in Europe.
AnAnonymous said:
Yes, quite possible, because Chinese citizenism citizens are behind the scenes in Germany. They have their eyes on the Autobahn, and not for the purpose of fahren.
Are you getting hard while you write that shit?
"White men! White women! The swastika is calling you. The sacred and ancient symbol of your race, since the beginning of time. The Jew is using The Black as muscle against you. And you are left there helpless. Well, what are you going to do about it, Whitey? Just sit there? Of course not! You are going to join with us. The members of the American Socialist White Peoples' Party. An organization of decent, law abiding white folk. Just like you!"
Off to bed with you little adolf....
LOL, what a total misread of what they guy said.
You are an idiot. Might I recommend HuffPo or DKos?
Bull Shit!!!
This is all about getting the U.S. and Europe entirely under the thumb of "the crown" of England. Yah, that bitch might be just a figure head, but listen, really listen to these inbred Royals sometime. "Our bloodline", blah blah blah. I gotta bloodline too, you old bitch, you don't see me sucking off the public for millions in wealth. It's the biggest fucking scam, these royal shits-don't-stink.
This is all about the Northern reaches keeping their filthy Central banking and Central governing on everyone else. For POWER. They're using these young boys to come out publicly and tell the people what needs to be done...OR else...
YOU Don't hand over anymore power to these people. If Europeans do, then they are just as STUPID as any American.
An iteresting side note-- check out Breitbart or Drudge for news the MSM won't cover on the breaking Kenyan News.
Perhaps the Americans have their first Gay Kenyan president.
if briet bart and grudge are running it then its probably not news.....
Sorry to break your bubble........
the whole thing is a shame.. The FED has ) rates has bought trillions in tres ... the BOJ / BOE the same.. Yet the ECB (on Germanys behalf refuses to buy any periferial debt). This will be an expanson of the periferial money supply it doesnt cost Germany anything.. By not allowing ECB to buy periferial bonds (like US/Japan./ UK ect) they are focing periferial to pay high rates ruining their budgets and bankrupting their countries. This is causing periferial deposits to be sent to guess who .. Germany.. if any of these countries had a central bank supporting them they would have a way out.. Its a disgrace... Greece should invade Germany secure a piece of their land and tell them they can have it back if the ECB buys ther bonds for the equivelent value...
Sorry but Bosoni is just deluded. What he is talking about is pooring good money after bad. The ONLY solution is for the debts to be reckognized and then liquidated. Germany supporting the PIIGS is like a parent supporting a family member addicted to crack. If he or she is unwilling to go through the painful process of withdrawal (i.e. in the case of countries, living within their means), the situation will not just get worse for the crack addict but for both as they will drain the resources of the well off stable member of the family.
You always go against the Globalists (like this punk in the video) proposals; they are for the best interest of the Banking and Rich parasitic classes only. The Germans are being used, just like Americans have been used as a socialized econo-dump for this parasitic class of people. Let the Greeks, etc go bankrupt and collapse, then the Greeks can issue their own money, temporarily nationalized of course, and begin the process of doing what sovereign nations do.
The solutions are a lot simpler than what this globalist punk is trying to make it out to be.
The main reason these "political" issues are occurring is due to Feminine/Feminist ideal embraced by the West over the past 40+ years.
ALL the social programs, which started out as good intentions and were in their limited form a positive, unions being a great example of a non-feminine based program that followed the same trajectory, are now like an overbearing nanny who thinks they are your mother. She reaches the nothing else matters but health and happiness of her "children" mental state, damn the cost or consequence.
This nanny/child state is clearly seen in the tactics of politicians, e.g. "what about the children", and how they use fear and ignorance to force the "children" into what is "best for them".
The banksters are merely parasites on this fundamental philosophy. The fiat currency system created out of other philosophical foundations has found itself to be a tremendous source of blood to feed the system of using the nanny politician's ideology to garner greater wealth from the children's future.
Like most dysfunctional families, such situations do not change until there's a blow up filled with screaming and tears. Internationally, this is known as war.