Eurogeddon

[Hiro Protagonist]

I just read a line on a German news website that pretty much nails it.
I'll paraphrase:

Believe it or not, but when the Germans say "EU", they mean, all of us, including you ugly and porridge-eating island monkeys.

When people in Spain, Greece, or Italy talk about the "EU", they really mean themselves, and what they can get out of it.


I am worried, guys. As some of you might know, I am a specialist for expressionist literature, which means, in the broadest sense, the literature from the 1880s to the 1930s. It is worrisome for me to see how many of the comments of today resemble the aggressive, pro-war rhetoric from that time. I think, if we lose the Euro, it will be the first step to a new division of Europe.

[judoka_uk]

I am worried, guys. As some of you might know, I am a specialist for expressionist literature, which means, in the broadest sense, the literature from the 1880s to the 1930s. It is worrisome for me to see how many of the comments of today resemble the aggressive, pro-war rhetoric from that time. I think, if we lose the Euro, it will be the first step to a new division of Europe.

Classic Europhile historical nonsense.

What was the key currency failure in Europe that led to the problems of the 1930s and the rise of Nazism?

It was the attempts by European governments to keep themselves locked into the gold standard that combined with the American Feds foolishness led to major currency collapse.

Europe is looking back on the 1930s through a warped Keynesian prism and ignoring the key lessons. Locking yourself into a defined currency union is what contributed directly to the flaws of the the 1920s and 30s and the Euro is a recessionary mechanism.

Keeping the Euro will insure inflation, job losses and reduced competitiveness all alongside increasing national resentment and nationalist sentiment. Just ask a Greek, a Spaniard or a German whether they're happy to pay for the others profligacy/prosperity.

The Euro is dividing Europe in a way not seen in several generations.

Britain left the gold standard/ Euro in 1931, 5 years later Chancellor Neville Chamberlain announced.

In 1935 Neville Chamberlain gave this masterful budget speech

Another surplus? How on earth do you manage it? That's the question that I am told has been very often asked of Englishmen by foreigners ever since the news was published that we finished up last year with over seven and a half million to spare. I don't know what answer Englishmen generally give, but they could truthfully say this: it's quite simple, there's no magic about it, the application of principles of sound finance has established confidence. Confidence has begotten enterprise. Enterprise has increased employment and profits so that revenues have grown faster than expenses. This Budget, that I have introduced today, has been made possibly by sound finance on the part of the Government and by hard work on the part of the people.

Last year, I was able to begin the restoration of the cuts in salaries and wages. This year, I am completing the process. Last year I took off six pence from the standard rate of income tax because I wanted to help trade. This year I am bringing a direct and substantial measure of relief to the small income tax payer. I am also abolishing the duty upon the cheap seats in the cinema houses and I am reducing the duty upon the entertainments given in the theatres, in the circuses, in the music halls and in the variety shows. Altogether, during the last three years, I shall have found it possible to have reduced taxation by nearly 60 million pounds per year, if we include the penny in the pint of beer. I hope you will consider that some reward for the sacrifices that you made in 1931 at the time of crisis.

You can search all Europe and America and you won't find a single country in which similar reliefs have been possible. We haven't reached the end yet. We may have set backs. We can't control things which go on outside our own country. But if the world behaves itself reasonable well, and if there is no break in the continuity of our policy here, I believe that 1935 will prove as good as year as 1934 and we can count upon a further considerable advance in our forward movement towards better times.

Slashing taxes, promoting growth and balancing a budget. All outside the recessionary mechanism of the gold standard/ latterday Euro and without Keynesian stimulus. A reduction in taxation of £60 million was a humongous sum in 1935, to do that now would mean a world beating recovery for any economy that managed it.

[scipio]

The EU is partially to blame, China can't keep on growing exponentially if its export markets are tanking are can't afford to buy its goods.

They'll probably cut rates again soon. However, they've got their own potential property bubble, which could rear its head soon.

The other troubling issues is the xiaobailing or potential white collar graduates who are coming out of China's universities and are struggling to find jobs they deem appropriate to their educational level.

This problem is mirrored across the world of course, especially in Europe. However, China's huge population and social repression could make it very problematic.

I believe that there is another skeleton in China's cupboard in the form of local government debt. Although this article is a little out of date it is still relevant.

http://www.bbc.co.uk/news/business-13930251

Unlike in the West where there is clarity (on the whole) over debt a lot of local government debt in China is almost a state secret and difficult to measure. I have this feeling that China is hiding a lot of it's debt in much the same way that Greece did until the **** hits the fan (which it will).

[DCS]

Clash of the Collectivists

Nationalist Socialist party representative attacks Syriza and Communist party representatives in a rather brutal slapping.

And MMA instructor:

[DCS]

This is true, we believe in democracy, free markets and a society where people can choose how and by whom they're governed. This is fundamentally incompatible with the EU now, let alone where the Eurocrats want it to go.

Totally.

[Bneterasedmynam]

Classic Europhile historical nonsense.

What was the key currency failure in Europe that led to the problems of the 1930s and the rise of Nazism?

It was the attempts by European governments to keep themselves locked into the gold standard that combined with the American Feds foolishness led to major currency collapse.

Europe is looking back on the 1930s through a warped Keynesian prism and ignoring the key lessons. Locking yourself into a defined currency union is what contributed directly to the flaws of the the 1920s and 30s and the Euro is a recessionary mechanism.

Keeping the Euro will insure inflation, job losses and reduced competitiveness all alongside increasing national resentment and nationalist sentiment. Just ask a Greek, a Spaniard or a German whether they're happy to pay for the others profligacy/prosperity.

The Euro is dividing Europe in a way not seen in several generations.

Britain left the gold standard/ Euro in 1931, 5 years later Chancellor Neville Chamberlain announced.

In 1935 Neville Chamberlain gave this masterful budget speech





Slashing taxes, promoting growth and balancing a budget. All outside the recessionary mechanism of the gold standard/ latterday Euro and without Keynesian stimulus. A reduction in taxation of £60 million was a humongous sum in 1935, to do that now would mean a world beating recovery for any economy that managed it.

How do you plan on balancing a budget if you cut taxes which are the sole income for that budget?? We have been going that route here in the states and now we have no money to support our infrastructure. So now we get the problem of not being able to pay for a police force, and our prisons get shut down. The economy has to be boosted from all sides including taxes.

[DCS]

How do you plan on balancing a budget if you cut taxes which are the sole income for that budget?? We have been going that route here in the states and now we have no money to support our infrastructure.

Easy: spending less money in improductive services like public education, health, science, social security.

So now we get the problem of not being able to pay for a police force, and our prisons get shut down. The economy has to be boosted from all sides including taxes.

The future of police and prisons is in the private sector.

http://news.bbc.co.uk/2/hi/uk_news/8359948.stm

http://www.cnbc.com/id/44762286

Prisons are the future in business: Welfare state -> Workfare state -> Prisonfare state

http://by-strategy.tumblr.com/post/1...ent-as-finance

http://www.law.uchicago.edu/files/fi...oliberalII.pdf

http://www.opendemocracy.net/5050/lo...neoliberal-age

[Bneterasedmynam]

Easy: spending less money in improductive services like public education, health, science, social security.


The future of police and prisons is in the private sector.

http://news.bbc.co.uk/2/hi/uk_news/8359948.stm

http://www.cnbc.com/id/44762286

Prisons are the future in business: Welfare state -> Workfare state -> Prisonfare state

http://by-strategy.tumblr.com/post/1...ent-as-finance

http://www.law.uchicago.edu/files/fi...oliberalII.pdf

http://www.opendemocracy.net/5050/lo...neoliberal-age

Please tell me this is just a troll. Well if not then let me see if I have this right, you want our children to be stupid, our elderly to die off, and our society to de-evolve to the middle ages. Just wow.

Your suggestion is to privatize the police and prisons for a profit?? I guess you have never seen deathrace huh?? yeah nothing could ever go wrong with that idea.

Just when I think the republicans can't get any batshit crazier, you prove me wrong.

[DCS]

Not trolling at all.

Please tell me this is just a troll. Well if not then let me see if I have this right, you want our children to be stupid, our elderly to die off, and our society to de-evolve to the middle ages. Just wow.

What I wrote and more is what is happening. I don't like it but I can't stop it.

Your suggestion is to privatize the police and prisons for a profit?? I guess you have never seen deathrace huh?? yeah nothing could ever go wrong with that idea.

I've not seen deathrace, but privatizing police and prisons is already happening.

Winter is coming.

FYI: I'm in Spain.

[Bneterasedmynam]

Not trolling at all.



What I wrote and more is what is happening. I don't like it but I can't stop it.


I've not seen deathrace, but privatizing police and prisons is already happening.

Winter is coming.

FYI: I'm in Spain.

Privatizing prisons and the police is a great way for you Europeans to become serfs once again. And serfs is just a nice word for slaves.