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Stratfor On Europe's Growing Anti-Establishmentism

Tyler Durden's picture




 

"The traditional political elites are losing control of the system they once dominated." 12 of the 17 member states of the EMU have seen their governments collapse or been voted out in the last two years. As Stratfor's Kristen Cooper notes, this is testament to the near political impossibility of implementing austerity and maintaining popular support. The tough truth is that while voters initially turn to the mainstream opposition they soon realize that they have little to offer that is different and so radical, extreme, or previously marginalized political parties will, and have done in Germany (Pirates) and Greece (Golden Dawn) already, see an increasing share of the popular anti-establishment vote and implicitly hamper any political solutions to the crisis that Europe awakens to every morning.

 

 

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Tue, 05/08/2012 - 02:22 | 2405619 wisefool
wisefool's picture

Paging Dr. Clooney.

Tue, 05/08/2012 - 03:06 | 2405637 Popo
Popo's picture

This piece just points out what a joke the entire political system has *always* been.  The statement that it is a "near" impossibility to implement austerity at the same time as maintaining popular votes is 100% true.  But the corollary to that is:  The entire game of politics has been to give money away, period. 

As long as budgets don't need to be balanced, and as long as entitlement-promises can be made with no intention of actually fulfilling them,  politics will be a game of handing out "Monopoly" money.

The elites maintained their status quo all along by making absolutely impossible-to-keep promises which depended on patently silly growth projections (which they were always 100% aware would never be met).  Now the "establishment" is quite surprised to find out the "planned-all-along" breaking of those promises isn't really working out so well. 

Historically speaking,  this is right about when the masses begin to take whatever they want from the elites  (by force -- organized or disorganized).   The elites of course, will scream "bloody murder" and disclaim all popular seizures as "theft" -- as if they are not 1000x more guilty of the charge.

The only question I have is:  How bloody does it get?   Most cataclysmic regime reversals include a "terror phase" when the elites get the bujeezus scared out of them.   It's almost certainly coming.  Usually, during the terror-phase, the elites also come to realize that their home towns are dangerous places and that real-estate is the absolute worst-investment you can possibly have.  History's survivors all know the truth: mobility is the only true asset.

I figure we're getting close to that in Greece.   But first the elites need to *really* screw up and attempt to establish a hard-right authoritarian regime.   Then they'll be well and truly fucked.

 

Btw -- the hatred of Stratfor is a bit overblown.  Stratfor is an overglorified blog.   They have very little in the way of "intelligence".   The announcer on this video looks and sounds like a terrified college-girl giving a class-presentation.   The way she butchers every politician's name is good for a laugh though.

Tue, 05/08/2012 - 03:11 | 2405653 Archduke
Archduke's picture

I think they have very little in the way of a talent pool... Friedman's analysis is stellar.

One or two others contibutors equally insightful.  that's it.  the rest are summer-school

preppies given a job by daddy's friend at the golf club.  Stratfor should learn to trim

the fat.  If they aim to cater to the likes of GS and MS, then they have to be able to

cull their staff and go for quality.

 

 

 

 

Tue, 05/08/2012 - 03:21 | 2405657 Popo
Popo's picture

Disagree on Friedman.  He's a historian not an analyst.   "The Next 100 Years" was one of the funniest things I've ever read.   Way too much belief in naval power leads him to hilarious conclusions like "Mexico is the only conceivable threat to the US in the 21st century" because it's resource rich and has access to two oceans.  He discounts industrialization,  culture,  politics and technology in favor of historical references to Rome and Ghengis Kahn.

He reaches for near term conclusions,  and then launches into "predicto ad absurdum" by building prognostication on top of prognostication until he reaches absolutely ridiculous conclusions.

Friedman is a fun writer, but he's crippled by the political necessity of always reaching the same conclusion:   "America is going to win".   It's highly entertaining, but ultimately deeply flawed.   Stratfor is ultimately just "feel good" journalism for supporters of the MIC.

 

 

 

Tue, 05/08/2012 - 03:32 | 2405675 Tao 4 the Show
Tao 4 the Show's picture

Have to agree. I find Stratfor deeply boring and always the same - long pieces that add almost nothing new for anyone already paying attention. If they had put out this piece two years ago, it might have meant something. Now, it is only news and gradeschool analysis for people who are completely out of touch.

Tue, 05/08/2012 - 03:55 | 2405692 philipat
philipat's picture

And can't even secure irs own data!!

Tue, 05/08/2012 - 04:17 | 2405703 BorisTheBlade
BorisTheBlade's picture

Downside of their comfy position. HBGarry, also 'security experts' got their teeth knocked out when it came to real fight. It is one thing to write long fluff pieces on America supremacy, the other thing is to participate in this game of supremacy. 'The Shadow CIA' title is the thing that got to them, they oversold and somebody slapped them just for the sake of it.

Tue, 05/08/2012 - 04:23 | 2405705 Harlequin001
Harlequin001's picture

Can one of you conspiracy theorists or 'Bilderbergers' out there explain how the grand plan for world domination works when they lose all political control of the rioters?

Just askin', that's all.

Tue, 05/08/2012 - 04:43 | 2405710 BorisTheBlade
BorisTheBlade's picture

It won't work, simple as that. DSK another example - guy was the one in favour of SDR currency plans:

IMF's Strauss-Kahn says ‘stockpiling’ special drawing right would create a more stable global monetary order

http://www.centralbanking.com/central-banking/news/2025799/dsk-moots-res...

I should not remind how he ended up. Again, one thing is to make plans for world conquest. The other thing is to do that when you realize world is a very dangerous place and not everyone necessarily will enjoy some sort of global governance (it already exists though - in the form of IMF, World Bank, UN etc). What they were trying to achieve is to shift burden one level higher - from sovereign to intra-sovereign entity, but of course failed - national bureacracies resisted that. Reason it worked with EU was a very specific set of circumstances - collapse of Soviet Union, power vacuum in Europe and the US as sole superpower left standing. Won't work now as the entire system comes down crumbling before our eyes. Europe will get much more nationalistic and radical, one doesn't need Stratfor to say that, it's bloody obvious. They are scared, but it's another story.

Tue, 05/08/2012 - 04:48 | 2405712 wisefool
wisefool's picture

Make sure you have gold sewn into your  coat

A Whole Lot Of Uncivilized People Out There... 

http://www.zerohedge.com/news/whole-lot-uncivilized-people-out-there

Tue, 05/08/2012 - 06:44 | 2405772 Benjamin Glutton
Wed, 05/09/2012 - 02:28 | 2409188 Western
Western's picture

500 posts, all male, all testosterone... no posts about kristen cooper's hot tight looks.

Tue, 05/08/2012 - 08:48 | 2405989 shovelhead
shovelhead's picture

"Are those Eagles in your pocket or are you just glad to see me?"

Tue, 05/08/2012 - 04:19 | 2405704 wisefool
wisefool's picture

That's what brought me to zerohedge. How could the encumbant president of the FED-NY, SEC-TRES in waiting, World Bank employee, etc ... not get his taxes right?  or atleast get it squashed before the CSPAN hearing? Anti-Establishmentism. Timmah=Tyler Durden.

Tue, 05/08/2012 - 03:25 | 2405666 Archduke
Archduke's picture

Stratfor is a great example of how monolithic intelligence community has become.

 

They reacted to the hacking crisis in the wrong way due to their legacy thinking.

After demonstrating that they can't be trusted wih credit card details, instead of

opening up they closed down and asked people to trust them even more by

going subscription-only.  Instead of demonstrating quality and opening it up to

peer review, they dispense second rate drivel like this to represent their brand.

 

Like all hawks, they think in centralised, top down command and control mode.

There's no feedback or reputation system to filter out bad research and juvenile

presentation.  A simple reputation system would help them weed out such

poor product.  But god forbid intelligence information should be democratised.

 

 

 

 

 

 

 

Tue, 05/08/2012 - 03:21 | 2405663 Psyman
Psyman's picture

Ah, but in America the elites are prepared for blood shed.  And it isn't their blood that will be shed.

 

That's why those of us in the know are "staying mobile" as you advise and fleeing the fascist police state otherwise known as the United States while we still can.  Before the best funded, best equipped, best trained, and most high tech police state in human history goes into full swing.

Tue, 05/08/2012 - 07:14 | 2405797 Reptil
Reptil's picture

I've been warning my friends and colleages for the last 5 years now, to make preperations for an exit. Most are staying put on irrational grounds; that they have to stay somehow.

I completely respect the idea of staying put and not let some band of crooks run you off. But then the resistance against the emerging police state in the USA has been absent, and with scare tactics and BS ppl. have been led to believe these developments are "natural" and "logical". The role of nationwide propaganda cannot be overestimated in this respect IMO.

Scenes like this should cause an uproar, and would NOT be accepted in Europe. Imagine spanish workers being targeted and especially the media in for example Germany? NOT POSSIBLE (Mexico is part of the NAFTA so I think the comparison is valid) There are still national laws and Constitution in effect here. That's the difference.

https://www.youtube.com/watch?v=ivn8PrZlAXo

Tue, 05/08/2012 - 03:54 | 2405691 Thunder_Downunder
Thunder_Downunder's picture

The songbook as I see it:

The 'terror' usually starts with a lynching of one of the 'elite'.. this then gives the others leverage to 'crack down on radicals'. This paralyses the core populace who don't yet identify with 'radical' and comply meekly in order to demonstrate 'national solidarity'.

Only once the security assets are mobilised and repression is asserted do they realise they've been duped. And by then its much too late to simply 'storm the parliament' and force swift change...

 

Not many bloodless coupes... populace is too disorganised to move quickly and police and military do what they're told.

 

 

Tue, 05/08/2012 - 05:17 | 2405726 Peter Pan
Peter Pan's picture

Then again the security apparatus might turn on the hand that feeds it and controls it. Either way such events are an opportunity for the worst in human nature to make itself apparent regardless if it emenates from the patricians or the plebeians.

Tue, 05/08/2012 - 06:11 | 2405741 Reptil
Reptil's picture

I think it depends on the specific country how "bloody" it will get. And how far the (political) elite have run the democratic processes in those specific nations, that should've ensured correct representation (and thus prevented just such a thing) in the ditch.

When I'm looking at countries like Greece, I'm thinking "not good". The level of information of the ordinairy citizen is poor at best. Use of internet resources is low. This works out fine when scamming the country (wealth flows up) but backfires (each and every time) when the price has to be paid. That is the reason the elites agreed to allow some kind of "democratic mechanism" in the first place. A burning "farm" doesn't deliver much produce. I therefore see a clash emerging of the traditional elites of europe and a group that has been trying to incorporate a new powerbase, as part of a bigger global construct. For now the traditional elites have been on this "NWO train", Queen Beatrix of the Netherlands and the Bilderberg group being an obvious example. No matter if this "new ordening" of governance was with the intend to reshape the societies in a positive way, their compliance with an extraction mechanism in the form of bailouts and "buffers" will thwart all positive intentions.

The actions of the elite from here on will be decisive: this is a (possible) fork in the road. If they concede they've gone too far, and let some (real) reforms take place, a conflict can (still) be averted. The situation then, with some sacrifice of power can be stabillised, and Europe can regain it's position of being a percieved "haven of civilisation", and in a new role even coöperate with the BRICS. However... If they continue down the path of "extend and pretend" towards a global new world order, they'll have some powerful (militairy) allies, but no support whatsoever of an increasingly aware populace, and then they can lose (or gain) it all. Up till now they've run their little game of "bail out insolvent banks until everyone's broke" but the hard part is to tell ordinairy people that this course of action actually has a real life consequence. This will shatter the "pretend" completely. Worst possible action they could take is to beat any discontent down with (brute) force, as has been done in the USA and China. Both countries have a population that is less entrenched, in traditional economic structures (in China they were farmers, and were easily persuaded to become factory workers), and less informed than some european states (like Germany, Danmark, France, Spain).

The real-estate being the worst possible investment in a period of breakdown of society is of course correct. But it must be noted that (part of) the elite is not tied to nations in the traditional sense. They've blown a bubble in which they think it doesn't matter where you're domiciled, because with money and power in this present global economy, travelling is very easy and fast. But, as the global economy's glue becomes brittle, this will change. The strategy since the second world war of course has been to destabillise and extract wealth from countries and continents one by one, not all at the same time. If that happens they lose control. That's the danger of this continued push towards insolvency for them, and it's absolutely necessary to keep populace divided on the basis of race, religion and nationality. I think they'll go too far this time. There is much hubris.

So... it depends on which part of Europe, as it's NOT a single homogenous entity.

(Spot on with the "top-down" assessment of the intelligence community BTW. It's what I call "Cult of Davos", where people with a lot of wealth and power try to decide on issues with a direct impact (and "blowback") of societies they've become completely detached from. Nothing new here if one studies (recent - 19th and 20th century) history.)

Tue, 05/08/2012 - 07:36 | 2405828 sushi
sushi's picture

Quote

The elites maintained their status quo all along by making absolutely impossible-to-keep promises

EndQuote

They did more than make promises.

Greece has one of the largest militaries in Europe. Much of the military hardware came from Germany, paid for by vendor financing and likely greased by brown envelopes filled with fat wads of something other than Drachma. The elites on both sides did very well out of this arrangement and today the squeeze is on to make sure that the revolting public follows through and picks up the tab.

Tue, 05/08/2012 - 08:22 | 2405889 rbg81
rbg81's picture

Greece has a large military because, unlike other EU nations, it borders a hostile adversary:  Turkey.

Tue, 05/08/2012 - 08:20 | 2405886 rbg81
rbg81's picture

Politicians make the promises knowing full well they are unsustainable.  Its power they want and damn the long term consequences.  Their bet is that they will be retired or dead by the time the SHTF.  And so far its been a good strategy.  Unfortunately, reality is increasingly starting to rear its ugly head and their gimmicks to keep it in check are getting distorted and risky.  But, really, I blame the People who elected these clowns.  We should have known better.  Actually, some of us did, but (sadly) not the majority.

Tue, 05/08/2012 - 08:35 | 2405926 Shizzmoney
Shizzmoney's picture

Very good points here; basically, government has become a conduit as a corporate welfare cash trough, with the crack dealer being central banks.  Then we start blaming unemployed and poor people when they desire the actual care and service government was invented to provide, instead of going after the real pigs in forms of zero percent tax rates for multinational billion dollar corporations and banks, pork barrell defense spending, and tax subs on Big Oil. 

The only question I have is:  How bloody does it get?   Most cataclysmic regime reversals include a "terror phase" when the elites get the bujeezus scared out of them

I think that once this era is over, we redefine what an "elite" is.

Some say an eltie is someone like Bill Gates or Buffett, who have a shit ton of money; or power in the political spectrum.

I beg to differ.

When this all goes down: give me the farmers; guys who train MMA, jiujitsu; and of course ex-military who are experts in weapons and survival training.

When shit hits fan, and we are all in a corner, who is more likely to survive: Forrest Griffin or Jaime Dimon?

"Man when it all goes down, fuck a bank;

I'm gonna need me a 20 FT Hydrolic Water tank!"

- Mos Def, "New World Water" 

Tue, 05/08/2012 - 05:55 | 2405744 Don Diego
Don Diego's picture

new strategy of the establishment: create new trojan horse anti-establishment political parties to replace the discredited current anti-establishment political parties (the left)

Tue, 05/08/2012 - 02:26 | 2405622 q99x2
q99x2's picture

We must make our votes be counted here.

Tue, 05/08/2012 - 02:36 | 2405627 gangland
gangland's picture

stratfor USA = FARS news iran

 

fuck you TYLER, PATHETIC, YOU GOT NOTHING

Tue, 05/08/2012 - 02:41 | 2405631 THX 1178
THX 1178's picture

Isn't it useful understanding what the establishment WANTS us to think? Their propaganda angle of approach... take it how you want. It's up to you to choose what to believe.

Tue, 05/08/2012 - 06:31 | 2405766 Reptil
Reptil's picture

Yes, it's useful to analyse the spin, as for what direction they WANT the situation to go, while they're making a "forecast".

Tue, 05/08/2012 - 05:10 | 2405724 ebworthen
ebworthen's picture

Trip-trap, trip-trap.

Tue, 05/08/2012 - 02:37 | 2405628 Jason Bourne
Jason Bourne's picture

Yes its a total clusterfuck.  The "people" are making the wrong decision, but they are doing so as a pendelum shift from establishment to anti-establishment.  The pricks that fucked Europe are to blame.  Hopefully the barbarians storm the gate early enough.  The world needs a serious enema. its fine for that to start in Europe, at least there the media can't be stopped from covering it.

We the people will continue to make bad decisions in our efforts to untangle ourselves from them.  TPTB are to blame for everything.  All of it.  When will normal people realize this and actually coherently do something about it?  When?

The next normal person I talk to about the establisment ponzi that says it isn't true or that it was nessasary to save the economy will get a sucker punch (or three) in the head.  Maybe we have to make difference one person at a time.

Hey relax.  I'm just kidding.

 

jb

Tue, 05/08/2012 - 05:10 | 2405723 ebworthen
ebworthen's picture

People tend to vote and demonstrate before they resort to torches, pitchforks, ropes - and physically changing things.

Tue, 05/08/2012 - 02:43 | 2405633 Judge Arrow
Judge Arrow's picture

Europe begins its dance with the dark ages, once again.

Tue, 05/08/2012 - 02:56 | 2405642 Wolferl
Wolferl's picture

One of the dumbest piece of anti-european propaganda i´ve ever seen. If some Americans have no clue clue about Europe they better just shut up.

Tue, 05/08/2012 - 03:02 | 2405645 Popo
Popo's picture

Europe is fucked.  Where's the propaganda?

Tue, 05/08/2012 - 03:25 | 2405668 Wolferl
Wolferl's picture

Really? Seems you´re another clueless Asian or American.

Tue, 05/08/2012 - 06:29 | 2405762 AnAnonymous
AnAnonymous's picture

Or both. Us citizens do live in Asia, be they yellow race or indo-european.

By the way, indo-europeans are asians, not European race.

So...

Tue, 05/08/2012 - 07:15 | 2405809 GeneMarchbanks
GeneMarchbanks's picture

You can't just flood the boards with 'US citizens' and expect to be understood. List some characteristics for clarity.

Tue, 05/08/2012 - 08:03 | 2405856 AnAnonymous
AnAnonymous's picture

Characteristics?

Needed?

US citizenism is 'Americanism', US citizenism being a better name as it singles out. 'Americanism' can refer to any -ism that developed on the Americas. Dilution of responsibility, expansion of base, usual US citizen tricks.

If you are displeased with this increased precision, well, US citizens are the same as 'Americans', who proponents of 'Americanism'

As to being understood, I do not need that luxury because validation is to be found or not in US citizens' actions.

Bear with it.

Tue, 05/08/2012 - 09:55 | 2406276 TheFourthStooge-ing
TheFourthStooge-ing's picture

.

As to being understood, I do not need that luxury

That much is obvious.

 

Tue, 05/08/2012 - 09:50 | 2406247 TheFourthStooge-ing
TheFourthStooge-ing's picture

.

You can't just flood the boards with 'US citizens' and expect to be understood.

He doesn't care if he's understood. He gets paid per post regardless of its intelligibility.

List some characteristics for clarity.

He can't, other than repeating what is on the official PRC Ministry of Truth Template for Internet Propagandizing.

 

Tue, 05/08/2012 - 03:28 | 2405673 chump666
chump666's picture

Get off the drugs, you mind is turning to mush. 

Take some reality, be better for it.  Europe is f*cked forty ways to Sunday.

Tue, 05/08/2012 - 07:08 | 2405800 the tower
the tower's picture

The difference is that Europe has been fucked many many times, they are used to rebuilding. Europe will be just fine. Better probably.

 

The USA has never been fucked, so it's their first time.

As I wrote before: if we have to take the response of the average American to 9/11 as a guide it will be hell over there, as Americans fall apart as soon as they are under fire. Americans are strongest when they have a common enemy, yes, but when this enemy is within... then what.

Tue, 05/08/2012 - 07:21 | 2405815 GeneMarchbanks
GeneMarchbanks's picture

'Americans are strongest when they have a common enemy, yes, but when this enemy is within... then what.'

Common enemy? Please...

Enemy within? Zero capacity for introspection at the individual level is magnified by the society at large, the old micro/macrocosm. A people at war with itself. It only follows that you're at war with everything else: words, concepts, ideas ... finally existence itself

 

Tue, 05/08/2012 - 08:05 | 2405863 AnAnonymous
AnAnonymous's picture

That is a revelation?

Well,

"I know that human being and fish can coexist peacefully"

How does one achieve such statement if one does not perceive oneself as being at war with everything?

That is one result of US citizenism as this president was a your typical US citizen president.

Tue, 05/08/2012 - 10:11 | 2406369 TheFourthStooge-ing
TheFourthStooge-ing's picture

.

"I know that human being and fish can coexist peacefully"

Dude, you are out there.

How does one achieve such statement if one does not perceive oneself as being at war with everything?

Why don't you tell us, since you are the one apparently in a state of war with everything.

That is one result of US citizenism as this president was a your typical US citizen president.

More gibberish and gobbledegook, nothing of value.

 

Tue, 05/08/2012 - 12:04 | 2406906 akak
akak's picture

 

"I know that human being and fish can coexist peacefully"

But are you talking about US Citizenism fish, or Chinese Citizenism fish, or time-traveling US Indo-European Easter Island Algebraic Coconut Citizenism fish, whose nature is unchanging (until it changes) and eternal?

How does one achieve such statement if one does not perceive oneself as being at war with everything?

I don't know, but you, who seem to be at war with everyone and everything under the nonsensical label of "Chinese Indo-European US Easter Island Citizenism", appear to easily manage to be at war with everything on a daily basis.

Turing Test failure, once again.  Make me chuckle!

Tue, 05/08/2012 - 13:10 | 2407170 TheFourthStooge-ing
TheFourthStooge-ing's picture

akak said:

But are you talking about US Citizenism fish, or Chinese Citizenism fish, or time-traveling US Indo-European Easter Island Algebraic Coconut Citizenism fish, whose nature is unchanging (until it changes) and eternal?

I believe that, in this particular instance, he is talking about Antarctic Aleutian Indo Easter Island European Coconutically Algebraic Citizenfish of the Chinese variety, whose freshness is ephemeral and whose odor is eternal.

I suggest he meet a few Easter Icelanders and learn how to fish fishes when they are in the sea ... after he finishes my dry cleaning.

 

Tue, 05/08/2012 - 13:27 | 2407244 akak
akak's picture

Thank you for clearing that up --- for a second there, I was afraid that our dear dishwashing friend was referring to Angolan Mongolian Aboriginal Genetically Modified Ecuadorian Depleted Uranium Chechnyan Abyssal Svalbardian Irradiated Assyrian Congruent Numidian Incarcerated Abyssinian Albinoistically Blobbed-Up US Asian European Chinese Citizenism swimming oceanic entities, in which case I would have had to entirely rethink my thesis.

Tue, 05/08/2012 - 05:07 | 2405720 ebworthen
ebworthen's picture

Don't worry friend, we're all screwed along with Europe.

We get to choose between Obama and Romney - pity us.

Tue, 05/08/2012 - 02:57 | 2405643 Yen Cross
Yen Cross's picture

 Political solutions? Like all the M/E and Asian central banks unloading $ in London as we post!

Tue, 05/08/2012 - 02:58 | 2405644 Psyman
Psyman's picture

It's a good thing for the elites that really run everything that Democracy is a lie then.

 

Work, consume, breed the next generation of slaves, shut the fuck up, and die.  These are the dictates from your masters.

Tue, 05/08/2012 - 03:07 | 2405648 WAMO556
WAMO556's picture

negative Ghostriders: What you are seeing is the pendulum swing, it is still swinging and will continue to move until it reaches its zenith. You all have been told on this information outlet tjhat when something has been repressed, it tends to move, and when it moves it moves farther then expected.

The people had "civilized"governments, they are now moving away from that place, and that movement won't stop until "uncivilized" governments have been installed that burn everything around them. If you had Weimar, what came after?? There are plenty of other appropriate examples to offer, but for brevity sake, Weimar is satisfactory. Extremists will start to make their precense known, the governments will "suppress" the extremists, but that will only further legitimize the exremists positions. Expect that within the next 12 months further broadening of the exremists positions.

However I could be wrong, just saying.

Tue, 05/08/2012 - 03:06 | 2405649 Zgangsta
Zgangsta's picture

Gold tanking. What now?

Tue, 05/08/2012 - 03:13 | 2405655 crouton
crouton's picture

BTFD

Tue, 05/08/2012 - 05:06 | 2405719 ebworthen
ebworthen's picture

Oil is too.

TBTF banks and their robots rotating in and out of sectors; I think they are buying utilities now.

As Twist ends in June, they'll be buying gold and oil again.  Remember, they move at lightning speed, don't blink.

Ben is still printing, devaluing the dollar, inflation is here, good dip buying opportunity if I were you.

Tue, 05/08/2012 - 03:10 | 2405652 kennard
kennard's picture

Sweden seems to work.

I'm an economic laissez-faire liberal, so I do not support the Swedish model.

Still, Sweden seems to work.

How do we figure that?

Tue, 05/08/2012 - 03:35 | 2405684 Psyman
Psyman's picture

Homogeneous society of relatively high IQ white people that are not prone to violence or anti-social behavior.  But that's all changing with the influx of non-whites into Sweden.  Their rape spree is already legendary.  And their constant mugging of every Swede is the driving force behind Sweden's desire to abolish physical currency and replace it with a purely digital one.

Tue, 05/08/2012 - 05:38 | 2405739 ThirdWorldDude
ThirdWorldDude's picture

"Sweden seems to work."


Never underestimate the power of propaganda. Sweden has it's own bubbles too...

 

http://www.globalpropertyguide.com/Europe/Sweden/Price-History

Tue, 05/08/2012 - 08:19 | 2405882 nobita
nobita's picture

Sweden has been moving to the right since the Berlin wall fell. Our current financeminister Anders Borg has cut spending and lowered taxes and has managed to cut the national debt from around 60% of GDP to around 30 today since taking office in 2006.

He publicly bashes the banks when they pay too big bonuses or profits too much from mortage rates and has the highest approval rating of any minister since they started measuring. This is a funny clip from 1988 when he is a student at university and speaks at a debate show on TV. (in swedish) http://www.youtube.com/watch?v=-g51NFNlJQI

He actually says that if he was prime minister he would do nothing and not get in the way of the Swedish people who made the country great. That's right. Swedens public finances are being run by Ron Paul and Ayn Rands secret lovechild...

Here is a link to a speech he made recently (in english). http://www.iie.com/publications/papers/transcript-20120423.pdf

Tue, 05/08/2012 - 08:28 | 2405883 nobita
nobita's picture

dubble post

Tue, 05/08/2012 - 03:11 | 2405654 williambanzai7
williambanzai7's picture

STRATFOR: MAXWELL NOT SO SMART

Tue, 05/08/2012 - 03:27 | 2405672 Nachdenken
Nachdenken's picture

Said it all,  noch mal.

Tue, 05/08/2012 - 03:46 | 2405688 carbonmutant
carbonmutant's picture

"Missed it by that much..."

Tue, 05/08/2012 - 03:52 | 2405690 Tao 4 the Show
Tao 4 the Show's picture

Hilarious, Banzai.

Caption:

Okay, I have shown you my secret in the utmost confidence, doctor. Now tell me how to cure this ailment of mine - what did you call it, Hoof and Mouth disease?

Tue, 05/08/2012 - 03:14 | 2405656 johny2
johny2's picture

If the voting begins to matter, it will be outlawed!

Tue, 05/08/2012 - 03:27 | 2405670 Psyman
Psyman's picture

The Europeans are learning a lesson about how to implement "Democracy" but maintain the status quo.  You need a winner-take-all two party system where voting never matters to protect the status quo and disempower the peasantry.  Their version of Democracy is a little too...Democratic.  Expect changes across the Eurozone shortly.

Tue, 05/08/2012 - 04:00 | 2405696 johny2
johny2's picture

I don't expect these changes from the politicians that are given chance to be elected. 

Tue, 05/08/2012 - 06:55 | 2405788 Reptil
Reptil's picture

aaah but politicians of the individual countries DREAM of a job in Brussels, which they see as the new center of power, and will give up the souverignity of their constituence readily, to attain those highly desired positions.

They want to make Brussels into a new "Rome".

Tue, 05/08/2012 - 06:13 | 2405748 Reptil
Reptil's picture

Good luck with that. European citizens are more tied to their region, or state, and less democracy and tranparency (the EU in Brussels as shining example) will result in an opposite reaction of smaller geographical regions becoming more meaningful to the people, and thus more powerful. It happened every time when an empire tried to enlarge the scale of control, inside europe; it wil fall apart. The dream of the European Union was of course to have nations slowly grow towards each other, culturally as well as economically. But the silly greed and corrupt nature of (most of) the political elite has fucked that completely. They're insane if they expect a german citizen to "tighten the belt" because of some opaque greek financial constructs. Letting Goldman Sachs do the bookkeeping is of course evidence of this bad descision, they should've kept the corruption a bit smaller, and the debt a little more managable. The strenght of this political elite to move "above" national borders and engage in the global financial markets seemed a brilliant move, but will backfire, as they will have no footing inside society. And you need that, if you want to persuade ordinairy people to give up even more (meaningless) "democracy". So... they got the order of "arranging things" all wrong. They should've hollowed out political processes more, before taking the financial house of cards down.
Enter the right wing parties, and their powerbase built on popular discontent, which CAN result in possible nationalisation and "redivision" of private wealth, as the tariff walls go back up. I'm curious whether the neo-fascists can secure backing from the large (militairy and chemical) industries, as before (ww2).

Tue, 05/08/2012 - 06:21 | 2405757 Psyman
Psyman's picture

I think it depends on how successful their Europe wide education/indoctrination/propaganda system has been.  Via compulsory education one can shape a nation to be just about anything they want it to be, within the flexible range of the human psyche.

 

You can train one generation to hate Jews and attack them in the streets and the next generation to hate racists and attack them in the streets.  People are fairly malleable.  And most young "Euros" I've spoken to on the internet don't consider themselves German or Italian or French, they consider themselves "Euros."  Just about all of them 35 years and younger have already abandoned national identity in favor of continental unity.

Tue, 05/08/2012 - 06:57 | 2405775 Reptil
Reptil's picture

Correct on the educational system. My fellow countrymen/women who have "higher" education are the most clueless, perfectly brainwashed, will not accept information (facts) contrary to their programming.

Correct on the racial and cultural divisions being exploited, which is being fuelled by "extend and pretend" of decades of unfair competition on the level of peasants and workers. (those most affected by immigration streams in a global economic system).

I consider myself "european". But I also know that the construct of european governance is rotten to the core. And that's an idea that is widespread; that Brussels is another black hole, and the only ones pushing for more power transfer towards Brussels are the politicians. Most of the right wing movements did not gain followers because of racism, or hate towards other nationalities inside europe, but because of a power vacume, as everything was transferred to the EU, without consulting the electorate (after the debacle of 2005's referendum) Greece being an exception, the greek populace is so badly informed they're reacting to this existential crisis in their own country as if it is totally because of some outside (german) influence; it started and has always been facillitated by GREEK elites.

I.o.w. the people of europe like the idea of a coöperation within europe, but reject that their politicians, the "impenetrable" political elite of their countries, is handing over souverignity, only with the goal furthering their own carreers. As this will become more obvious, so will be the resistance against it. It worked when it was invisible, in the "good times" of upward leverage of the last decade. Now? Not anymore.

Constitutions of the individual nation states will be overshadowed by european legal constructs, at least in the EU plans. This is rammed through, but will not be accepted. If they still go ahead with this, while the financial house of cards is collapsing, it will lead to lawlessness and chaos. And then will result in a counter force, for more nationalism, or even regionalism (Italy and Spain).

Tue, 05/08/2012 - 07:11 | 2405805 Psyman
Psyman's picture

Interesting insight.  Thanks.

Tue, 05/08/2012 - 08:07 | 2405864 schadenfreude
schadenfreude's picture

Excellent statement. I fully share your assessment.

Tue, 05/08/2012 - 07:19 | 2405814 Nassim
Nassim's picture

Sorry mate, I have lived for years in France, Germany, Norway and visited numerous other West European countries for work. I speak 4 European languages. What you said may apply on the internet, so what? If you go to stay (not visit) in these countries, you will discover that these youngsters are not at all different from their parents.

Let me give you a little example. Try and read up in the FT about Aerospatiale - just one company - and you will find that the management is divided by nationality. Each country is trying to employ and promote its own people - and that is for an ostensibly multi-cultural company. The same applies in spades even to the smallest of companies.

Tue, 05/08/2012 - 08:18 | 2405880 AnAnonymous
AnAnonymous's picture

I think it depends on how successful their Europe wide education/indoctrination/propaganda system has been. Via compulsory education one can shape a nation to be just about anything they want it to be, within the flexible range of the human psyche.

You can train one generation to hate Jews and attack them in the streets and the next generation to hate racists and attack them in the streets. People are fairly malleable.

_______________________________________________

No. US citizen elite fancy themselves as leaders but they are managers.

US citizen elite are fond of perceiving themselves as puppeteers who would manage the unwashed masses.
Manipulation is tricky, who manipulates who, the answer might not be the outspoken.

'''''''''''''''''''''''''''''''''''''''''''''

And most young "Euros" I've spoken to on the internet don't consider themselves German or Italian or French, they consider themselves "Euros." Just about all of them 35 years and younger have already abandoned national identity in favor of continental unity.
''''''''''''''''''''''''''''''''''''''''''''

They are US citizens and as such, know perfectly that a loss in power would be extremelly damaging.

US citizen recipes of success draw bad blood, when you run a business of extorting the weak, farming the poor, you have to keep a certain standing in the efficient exercize of coercion.

European nations on their single unit are losing steam. US citizen Indo Europeans know that. They know that the hope lies in blobbing up to achieve the critical mass in order to maintain coercion efficiency.

US citizen indo europeans no longer trust their nation to provide the necessary use of violence to keep the extorted and the farmer on the proper side of the fence.

They do hope that the new pan Indo European blob will provide them with sufficient guarantee against the rise of certain countries in the world.

As little to do with nationalism, or stuff.

Simply the emergency that one faces when running an extortion of the weak, farming of the poor business and seeing that part of the weak and the poor are no longer that weak, no longer that poor.

Bad blood.

Tue, 05/08/2012 - 11:13 | 2406687 TheFourthStooge-ing
TheFourthStooge-ing's picture

The diarrheal flow of propaganda from AnAnonymous descends to levels of cretinism previously thought unreachable:

They are US citizens and as such ... blah blah blah

No, they are citizens of Greece, Germany, Italy, France, etc.

Just because you assert something doesn't magically make it so.

US citizen recipes... blah blah blah ...

US citizen Indo Europeans know ... blah blah blah

...hope lies in blobbing up to achieve the critical mass...

Hahahaha! Blobbing up! A classic Chinese citizenism phrase, a genuine Confusian saying.

They do hope that the new pan Indo European blob will provide them with sufficient guarantee against the rise of certain countries in the world.

Oh, now that's a doozy. A real knee-slapper.

Do you have any supporting evidence, or are you basing this assertion, like all of your others, on absolutely nothing at all?

As little to do with nationalism, or stuff.

Yes, I see. Little to do with nationalism. Little to do with stuff.

Little to do with anything outside of the maelstrom of confusion contained within your skull.

 

Tue, 05/08/2012 - 11:56 | 2406876 akak
akak's picture

You forgot to mention the time-traveling US Easter Island Citizenism citizens, whose galaxy-spanning, universal timeline-encompassing nature is meta-eternal.

Tue, 05/08/2012 - 13:09 | 2407162 EuroSovietSerf
EuroSovietSerf's picture

I fit the '35 and under category' and can inform you that its quite the contrary. I remember the referendums of 2005 and in that the younger overwhelmingly opposed 'more integration'. It is only the older generations that still back the EuroSoviet Union because it was supposedly about 'peace' (its not, its about destroying democracy and establishing elite rule by decree). And in the past 7 years here in Netherlands or among people I know in Germany and France I can guarantee you, outside elitist/university circles the support for political integration is well near zero and practically all prefer own nationality over 'Eurolander citizenship'.

Only the elites, bankers, progressive university crowd and bureaucrats support the EU, and elderly people who have been made to believe its all a 'peace project' (BWHAHAHAHAA).

The funniest thing, the school indoctrination programs brought in by the EuroSoviet are spectacularly failing.

Tue, 05/08/2012 - 03:17 | 2405659 slackrabbit
slackrabbit's picture

Buy the dip.

Tue, 05/08/2012 - 03:27 | 2405661 Yen Cross
Yen Cross's picture

 This crap is so sideways!  None of the markets have any credibility! Long , Wall Safes, and Matresses!

  P.S. Someone put Warren Buffett in a " Geico lizard Egg" and bury that TRAITOR!

    Billions only fan the fires of " HELL" Warren!

Tue, 05/08/2012 - 03:22 | 2405664 chump666
chump666's picture

Excellent.

And she is divine.

 

Tue, 05/08/2012 - 05:02 | 2405718 ebworthen
ebworthen's picture

Yes, lovely big eyes, wonder if she has glasses off camera?

Tue, 05/08/2012 - 03:25 | 2405667 Nachdenken
Nachdenken's picture

We, each of us who votes or does not, is the government. 

Each of us that  drives on paved roads, sends children to state schools, and those millions  many millions who live on welfare of some description, who go to war,  we are part of the deficit.

We who pay taxes, we provide the means. 

We who vote legitimise the use of those means.  Its us, each of us here cursing and groaning and shooting off wisdom in the wind.

Define the real choices - the intruments we have are the ballot, taxes and  effective demand.

 

 

Tue, 05/08/2012 - 03:27 | 2405671 Sandmann
Sandmann's picture

we have are the ballot, taxes and  effective demand.

 

Their tools are Police, Courts, Bailiffs, Threats, Intimidation - it is Gangsterism

Tue, 05/08/2012 - 11:16 | 2406693 TheFourthStooge-ing
TheFourthStooge-ing's picture

.

Their tools are Police, Courts, Bailiffs, Threats, Intimidation - it is Gangsterism

Yep, that pretty much sums it up.

 

Tue, 05/08/2012 - 03:31 | 2405679 Psyman
Psyman's picture

Wrong, you are describing the powerless peasant classes.  The peasantry has zero power to effect real change.  You're allowed to argue about homosexuals and abortion, but the minute you mention foreign or economic policy you're drowned out by the most concerted media assassination campaign in human history (i.e. Ron Paul).

 

The majority of the American peasant class only desires to maintain the status quo.  They want to have a job, consume, breed, and live in safety/security.  Life in the fascist totalitarian police state called America is therefore perfect for the large majority of the American peasant class.

Tue, 05/08/2012 - 03:49 | 2405689 wisefool
wisefool's picture

+1. re: Ron Paul. I am getting out the popcorn for the EPIC battle between Joe Biden and Barrack Obama about federal tax status for GLBT people in america. Then Romney swoops in and says 51% of GBLT dont pay federal taxes. Then Biden and Obama team up and say that they (GBLTHt-D) people pay alot of property/sales taxes. And then Romney says they would not have to pay property taxes if they would just hang out at disco-techs in the cayman islands, like he does. Then Obama calls it a low blow because of cartehenga.

MSNBC, Fox and CNBC will report on this. Does Statford have this kind of global journalism expertise?

snarc off: Ron Paul 2012. Write him in.

Tue, 05/08/2012 - 05:44 | 2405742 Apostate2
Apostate2's picture

Ahh, wise Birthday card say: "Don't party with peasants. They ruin everything"

Marie Antoinette

Tue, 05/08/2012 - 06:32 | 2405764 magpie
magpie's picture

Who had a mock village constructed so she could play peasant all by herself.

Tue, 05/08/2012 - 08:46 | 2405868 falak pema
falak pema's picture

Who got beheaded 'cos she wan't taken seriously as mock peasant by the "people's committee of public safety", more so as profligate queen; a terrible travesty of french history as its a country that's has always deemed women "unimportant", aka Loi Salique; more atuned in their eyes to play frivolous mistress then power hungry queen! HEad up their ass totalitarian peasants all, these public safety committee shills! 

Tue, 05/08/2012 - 03:26 | 2405669 Sandmann
Sandmann's picture

For years these Governments have been unrepresentative of anyone but their financial backers. In Greece New Democracy won 58 seats but gets a 50 seat top-up as the largest party to make 108. Is that a way to run a "democracy" ? In Britain Cameron got 36%, Labour 29%, LD 23% on a 65% turnout meaning 23%; 19%; 15%  so two parties with combined 38% decide they can change the Constitution, merge the military with France, raise Sales Taxes, increase Foreign Aid, and treble University tuition and stop any elections before 2015............that is "democracy" ?

Expect England to burn soon - France over the Summer - this is getting much bigger. This is a Constitutional Matter - it is why countries fight Civil Wars. Each European country (including Germany) feels it is under Foreign Occupation with Banks as tax collectors working for the New Overlords.

 

Tue, 05/08/2012 - 03:32 | 2405680 Psyman
Psyman's picture

"New Overlords."

 

New World Order.

Tue, 05/08/2012 - 06:21 | 2405758 Reptil
Reptil's picture

yup

and the ONLY think that held the "democracy" together was (promises of) economical prosperity.

 

Tue, 05/08/2012 - 03:30 | 2405674 bag holder
bag holder's picture

I can offer one piece of sound, common-sense advice. If you have to trade, never, ever trade against Tyler.

Tue, 05/08/2012 - 03:33 | 2405681 bag holder
bag holder's picture

That said, the word is anti-establishmentarianism.

Tue, 05/08/2012 - 03:31 | 2405677 BlackVoid
BlackVoid's picture

"hamper any political solutions to the crisis that Europe awakens to every morning."

 

Just the contrary, the only way to solve the crisis is to kick out the bank stooges.

 

Tue, 05/08/2012 - 06:30 | 2405760 Reptil
Reptil's picture

Yeah nice spin eh?

No matter that the root of the crisis is financial, not economical. No matter that austerity tied to the hip with continued bailouts results in less economic growth or even a collapse. No matter that state owned debt in some countries was low (Ireland), just have some chinese fascist call it "laziness" and "socialism" and obscure the imbalance in monetary systems trying to manage economy forcefully.

Crisis management rule of the NWO: never mention the artificial cause of the problem, always focus on symptomes or (totally illogical) actions to counter those symptomes.

Tue, 05/08/2012 - 03:35 | 2405682 eaglefalcon
eaglefalcon's picture

The correct word is not "anti-establishmentism", but "antiestablishmentarianism", which happens to be one of the longest English words

Tue, 05/08/2012 - 03:42 | 2405685 magpie
magpie's picture

Call me when the "controlled demolition" becomes uncontrolled...

Tue, 05/08/2012 - 03:50 | 2405686 Yen Cross
Yen Cross's picture

 Greece 10 year: http://www.bloomberg.com/quote/GGGB10YR:IND

 Italy 10 year: http://www.bloomberg.com/quote/GGGB10YR:IND

 Portugal 10 year: http://www.bloomberg.com/quote/GSPT10YR:IND

 Spain 10 year: http://www.bloomberg.com/quote/GSPT10YR:IND

 Just in case you're wondering why, you're  getting FUCKED in the ass right now!

  Who needs news when the European bond markets are ( Gaping)<-->

Tue, 05/08/2012 - 04:03 | 2405698 supermaxedout
supermaxedout's picture

Progress and morale and social welfare do seldom come along together. Simply put it would be to close to paradise.

But no doubt the current economic system in the West is most often controlled by closed elitist groups  in the different countries.  These are age old structures which do not fit anymore in the new highly technological enviroment of  modern times. The key word is information, or news 

The question is, do the old elites groups further succeed to keep the masses uninformed and dumb or is the Information Age really succeeding and a new era in mankind is on its way.

The true history of mankind is now easy available. This history of wars is closely connected with religion/ideology which served always as a justification for the slaughtering of your brother and sister.     There are just a few black spots still left to be brought to daylight.  No doubt time is on the side of the truth.

One can compare it to the progress in astronomy. Unbelievable progress has been made in gathering knowledge about the universe and the microsopic role the earth is playing in this theater.  These observations show mankind clearly that things are moving forward to their destiny untouched by the "crimes"" mankind applies onto nature which includes of course themselve.  

The combined knowledge of mankind is the only positive outcome of mankinds struggle to survive., The rest is destruction. Everyting else what makes a man feel like a man besides this knowledge is provided already free by nature. Whether its love, hate, music etc. But the knowledge is produced by humans only.  Its our genuine product.

And since knowledge is the only thing what we all really made (including all man ever lived)  it belongs therefore to everybody.

Thus it is the right of everybody to have access to all information available on this planet and not only the few parasites on top of us. They do not have more rights than the rest of us.  Rulers do rarely produce knowledge, they only make use of it and often in a perverse, greedy and primitive way. 

The so called elites have to change their behaviour and to adopt their leadership to the Information Age.  The masses have not to change, they do what they ever did driven by their humane nature. Some are curious and inventors, some love to live an excessive way. But important is, that during childhood all man are able to start his thinking live without brainwash and indoctrination unaffected by religion/ideology.  All children are curious and they like the truth. We should not anymore tell them lies in the upcoming Information Age.

     


 

Tue, 05/08/2012 - 04:58 | 2405717 ebworthen
ebworthen's picture

Skynet?

Tue, 05/08/2012 - 05:22 | 2405731 GernB
GernB's picture

Sorry, but I tend to equate "progress", if meant in terms of the the aim of progressives, with a return to opressive regimes of the past. The new twist being that the majority are the opressors. Only, in some respects they are more dangerous because being the majority gives their dominance and absolute rule over minorities more legitimacy. The current aim of the progressives movement is the aim of governments from the beginning of time, to make serfs of the people. In this case they are born into state sponsored bondage to their fellow citizens, because the majority beleives that it is noble to sell their fellow man into bondage. To me this is not progress, freedom is progress and "progressivism" a return to the despotic time of the past when people did not work for themselves but to serve the whims of an all powerful master.

Tue, 05/08/2012 - 05:30 | 2405735 Psyman
Psyman's picture

I agree with you about information and human knowledge.  We would all benefit if all collective human knowledge were freely available on the internet.

 

Unfortunately the ruling classes are working feverishly to gain control of and segregate the internet into various walled gardens one must pay to enter.  I fully expect the "internet" as we know it, to be destroyed at some point during my life time.  The replacement will be designed with "security" in mind.  Only, the security they're referring to will be the security of the plutocracy and control of information.

 

And easier tracking of dissidents for monitoring and elimination.  Too many dangerous ideas spreading on these here internets.  And the elite don't like it one bit.

Tue, 05/08/2012 - 04:56 | 2405713 ebworthen
ebworthen's picture

Just look at European history in the past 100 years.

Why assume that the relative stability of the past 40 years will continue?

Considering the timeline a much more likely outcome would be polariztion and collapse.

One party can't come to power and make sweeping changes?  Hitler?  Mussolini?  Franco?  Etc.?

Having iPhones and Internets does not make people any less human than they were 69 years ago or 690.

Tue, 05/08/2012 - 05:21 | 2405729 Psyman
Psyman's picture

I do not assume such a thing.  Nor do I assume the "bad guys" will be the Germans this time.  In fact, it seems that the Anglosphere has been the aggressor in a majority of all world conflicts in the past 50 years.

 

Will Iran be a bridge too far?  Doubtful, and history is always written by the victor.  All hail the glorious Anglo-Zionist Military Empire, may it last a thousand years!

Tue, 05/08/2012 - 08:03 | 2405859 Optimusprime
Optimusprime's picture

Anglo-sphere has been major initiator of aggressive violence for at least 300 years.  Not excluding the two World conflicts of the 20th century.  

Tue, 05/08/2012 - 05:17 | 2405728 Tense INDIAN
Tense INDIAN's picture

" the traditional elites are loosing control..."........what a pathatic shit of propaganda article....the traditional rulers are still there...they have been there for centuries or millenias....and they will be there and are getting stronger.....

Tue, 05/08/2012 - 05:23 | 2405733 Psyman
Psyman's picture

Of course.  It's especially obvious in Europe, with their tradition of aristocracy.  The same families that were in charge 500 years ago are in charge today, with few exceptions.

 

The U.S. only recently developed its neo-feudal aristocracy, during and after the industrial age.  And upwards mobility, both social and economic, is still greater in the Anglosphere than Europe with its entrenched aristocrats and symied individual initiative among the peasant classes.

Tue, 05/08/2012 - 05:29 | 2405734 blueridgeviews
blueridgeviews's picture

The Europeans just don't get it! Magaret Thatcher was right when she said "the problem with socialism is you eventually run out of other people's money". Europe has run out of other people's money and can't handle the truth.

History is their future since it always repeats itself.

Tue, 05/08/2012 - 06:07 | 2405752 falak pema
falak pema's picture

Ironic isn't it that Thatcherist UK has the biggest level of cumulative debt than any Euro nation. Ironic that pension funds in UK/USA will bleed when a stock market reset occurs. 

Which history do you read when you talk? Its not that of the glaring reality of a "one nutted economy of 1 sq mile City-UK" which will burn in hell when/if the ponzi meltdown occurs. 

Europeans will survive as they have a better long term economical model than Anglo financial hegemony of today. The reset for financialised Anglo economies will be awesome; unless Maggie's ghost finds the elusive philosophical stone of unlimited and eco-friendly energy. You better pray she does a better job in "energy hopium land" than she did with North Sea Oil depletion on a fast track mode unparalled in Oil history! 

Tue, 05/08/2012 - 06:25 | 2405761 GeneMarchbanks
GeneMarchbanks's picture

'Ironic that pension funds in UK/USA will bleed when a stock market reset occurs.'

Again with rear-view perfect hindsight. 2008 was the year all this was realized, so a repeat isn't in the cards anymore especially now that foreign CBs are fully invested in the US 'market'.

If the Franco-German alliance thinks it can reverse decades of sycophant policy and allegiance to the Anglosphere it better have some actual fallback plan in place or they'll get nothing but chaos.

Tue, 05/08/2012 - 06:32 | 2405765 falak pema
falak pema's picture

only too true; PAx Amercana has ruled Eurozone since 1945. And if a rupture occurs it will be brutal and painful for all. But that is History; opportunities arise as a function of events. Seldom do nations have the ability to anticipate "major potholes" along the road. 

The seamless socio-political economy adjust  like the seamless Ipad is only possible if humans become humanoids.

Thats for those who love Star Wars! 

Tue, 05/08/2012 - 06:53 | 2405781 GeneMarchbanks
GeneMarchbanks's picture

http://www.atimes.com/atimes/Central_Asia/NE08Ag01.html

Either this culturally broken, Grandmotherly continent of ours looks toward the open spaces of the East for fresh breath of life or it goes under with the Mammonists + Walking Dead.

It's really that simple.

Tue, 05/08/2012 - 08:44 | 2405841 falak pema
falak pema's picture

too true, inspite of Putin puzzle. But it goes beyond that, Eurozone has to find an alternative global model that includes Brazil, India and Africa. This is a global war and if political leaders from non Anglo regions want to fight the REAL threat to people's progress, the GLobal Transnational Oligarchy eating up world natural resources, it'll require a global framework that respects people's interests world wide and makes it difficult for transnationals to exploit "extractive empires" like currently in Pax Americana. 

Tue, 05/08/2012 - 07:24 | 2405818 Nassim
Nassim's picture

Margaret Thatcher was an almighty hypocrite. Public expenditure increased enormously during her time in office. She arrived just as the North Sea Oil started coming ashore and that made it possible for her to close all the coal mines. No magic there.

Tue, 05/08/2012 - 07:33 | 2405825 the tower
the tower's picture

It wasn't other people's money, it was money created out of nothing, it's called fiat.

Thatcher was very aware that she needed Labour to create all that money, as she needed someone to point the guilty finger at when things went "wrong". This is how you keep the business cycle going.

Conservatives and Labour are two sides of the same coin - Republicans/Democrats in the USA.

 

Tue, 05/08/2012 - 06:21 | 2405759 xcehn
xcehn's picture

The lack of political legitimacy for austerity is increasingly an achilles' heel for the purely criminal world order founded on central banksters. That the so-called extremist/fringe elements are steadily being 'mainstreamed' as the lesser of evils is forboding.

Tue, 05/08/2012 - 06:34 | 2405767 orkneylad
orkneylad's picture

“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves money from the Public Treasury. From that moment on, the majority always votes for the candidate promising the most benefits from the Public Treasury with the result that a democracy always collapses over loose fiscal policy always followed by dictatorship.”
Alexander Fraser Tyler “The Decline and Fall of the Athenian Republic”

Tue, 05/08/2012 - 07:42 | 2405785 falak pema
falak pema's picture

especially if you lose the war of the Peloponnese...and go to try bash your colony in Syracuse-Sicily and FAIL miserably. Taxes go up as the corruption and discouragement in your own values set in...More than democracy, it was Hegemonial policy, the Delian league, that lit the mesh of Greek dissension, led to ruinous war and belligerent militarist actions like Syracuse, final hubristic knee-jerk. 

The vicious cycle not to follow...

Tue, 05/08/2012 - 06:39 | 2405768 Monedas
Monedas's picture

Flatulent Socialist Souffle....if you peek....it will collapse !      Monedas    1929      Comedy Jihad Spineless Jelly Fish

Tue, 05/08/2012 - 06:46 | 2405774 Psyman
Psyman's picture

In the long term Europe will continue to be one of the very best places on Earth to live.  The current economic crisis is engineered to destroy national sovereignty and bring about the Supra National European Super State.

 

Merely growing pains.

 

That's more than I can say for the fascist global Anglo-Zionist military empire.  Already the United States is a nightmarish police state in too many ways to name.  Full of racial tensions and violent criminals.  With the highest prison population on Earth and an ever declining standard of living.

 

If you care about your children, move to Europe.  You get the same socialist welfare state Obama is building minus the brutal police state.  Not a bad deal.  If you don't intend to have children and want to work and live in an Anglo nation then check out Australia.  Retire somewhere else.

Tue, 05/08/2012 - 06:57 | 2405790 Monedas
Monedas's picture

The Muslims hear ya loud and clear !  Are you advertising for more ?  Shit happens all by itself !    Monedas  1929     Comedy Jihad Greek Exodus To Europe

Tue, 05/08/2012 - 08:26 | 2405895 AnAnonymous
AnAnonymous's picture

Ah, one might understand the Eurabia fairy tale necessity. US citizens living in the US of A are looking for symetry as usual...

Tue, 05/08/2012 - 11:18 | 2406709 TheFourthStooge-ing
TheFourthStooge-ing's picture

That's a nice word salad that you've tossed.

 

Tue, 05/08/2012 - 12:05 | 2406863 akak
akak's picture

Too bad he didn't wash off all the accumulated bovine (and Chinese citizen) nightsoil from the lettuce before tossing it.

Tue, 05/08/2012 - 07:14 | 2405780 Monedas
Monedas's picture

How come submarines don't seem to have problems with their nuclear reactors (in mighty tight quarters) ?  Japan needs to double down and build some new reactors....at Fukushima ! Space is already dedicated to that industry....clean up and new construction are complimentary endeavors ! A boon to their robot industry and a ready laboratory to design a more fail safe reactor !  No lengthy environmental studies required ! I am a resourceful visionary !     Monedas    1929     Comedy Jihad Nuke Up !

Tue, 05/08/2012 - 07:04 | 2405795 overmedicatedun...
overmedicatedundersexed's picture

electronic voting by diebold almost as good a scam as on line poker games, except with the poker most understood going in it was fixed

Tue, 05/08/2012 - 07:26 | 2405820 silverscouseparis
silverscouseparis's picture

the truth is the poor have no representation any more....the major political parties have been co-opted by the banks and are bought and sold by them

to protect their interests.

whats needed is debt destruction-banks have to go bust-thats capitalism-but thats not possible under national socialism-its fascism and you cant solve a debt problem

with more debt.let the banks fail-no bail outs..six months later theres new banks and a booming economy.

Tue, 05/08/2012 - 07:43 | 2405832 rsnoble
rsnoble's picture

See that's the whole problem..........trading one group of shit for another. Just like in the US. Fuk 'em all!

It's like the elite say "oh you don't like them? Here......here's another super choice for you."

We've got to break these chains.

Tue, 05/08/2012 - 08:04 | 2405858 AchtungAffen
AchtungAffen's picture

"The traditional political elites are losing control of the system they once dominated.[...] popular anti-establishment vote and implicitly hamper any political solutions to the crisis that Europe awakens to every morning."

 

So, pro establishment vote does it? You gotta be kidding me.

Tue, 05/08/2012 - 08:49 | 2405991 eddiebe
eddiebe's picture

Jamie will hire Forrest to come after you for your water.

Tue, 05/08/2012 - 09:57 | 2406298 Uncle Remus
Uncle Remus's picture

Stratfor? Really? Jeebus.

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