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We were wondering how long it would be before Germany, following in the footsteps of such luminaries as Hank Paulson and Tim Geithner, would formally announce to the world that with it now openly calling the shots in Europe, it would be its way or the mutual assured destruction way. We just got our answer courtesy of the just released August Outlook from the Bundesbank, in which the German national bank lays out the framework of the upcoming European anschluss play by play, as Germany prepares to roll out the Fourth Reich welcome mat without ever spilling a drop of blood. After all: why injure the soon to be millions of debt slaves? To wit from the report: "Unless and until a fundamental change of regime occurs involving an extensive surrender of national fiscal sovereignty, it is imperative that the no bail-out rule that is still enshrined in the treaties and the associated disciplining function of the capital markets be strengthened, and not fatally weakened." Translation: "we will gladly help everyone out... in exchange for a little of that vastly overrated fiscal sovereignty... Did we say a little? We meant all of it..."
Unless and until a fundamental change of regime occurs involving an extensive surrender of national fiscal sovereignty, it is imperative that the no bail-out rule that is still enshrined in the treaties and the associated disciplining function of the capital markets be strengthened, and not fatally weakened
Originally posted by JennaDarling
Article is way to Nazi biased, considering the UK has its own fair share of Nazis
Now, if the UK was funing the bailout, it too would be dictating the roadmap, shoe would be on the other foot then wouldnt it? Would we be screaming Rule Britannia? Probably not.
Hardly an unbiased thread.
edit on 22-8-2011 by JennaDarling because: (no reason given)
Originally posted by Vitchilo
Originally posted by JennaDarling
Article is way to Nazi biased, considering the UK has its own fair share of Nazis
Now, if the UK was funing the bailout, it too would be dictating the roadmap, shoe would be on the other foot then wouldnt it? Would we be screaming Rule Britannia? Probably not.
Hardly an unbiased thread.
edit on 22-8-2011 by JennaDarling because: (no reason given)
Maybe you don't get it, but it's SARCASM...
Anyway, hopefully every EU country says NO... and keep their sovereignty.
Originally posted by babybunnies
Today, wars for power are not fought with military might, but with economic might.
Germany may still have the last laugh in Europe. Only this time, the other European countries are pleading with Germany to come to their rescue.
Germans in charge of Europe? What could possibly go wrong?
Originally posted by marg6043
While people talks about the Unified EU, people have not clue where the money for the "big bail ou" t is going to come from, while we talks about Germany and France the truth is that money will be loan by the IMF, yeah, and guess what from about 100 members that mostly have currency that is not worth the paper they are printed on, only "six" at the top contribute with most, guess who is at the top, is not Germany and neither France as they comes 3 and 4, is US
So actually guess who is going to be owning whom.
Then Japan will be the second. One of the reason the US wants the bailout to the central banks so bad and to Greece is because if this doesn't happen the US markets are going down the hill, because the corruption of the too big to fail has spread that wide to include most of EU.
Just like most of the money that paid for the Greece bailout came from the US also, thanks to Obama.
So actually the so call bailout is to save the US banks from another catastrophe.
Originally posted by marg6043
While people talks about the Unified EU, people have not clue where the money for the "big bail ou" t is going to come from, while we talks about Germany and France the truth is that money will be loan by the IMF, yeah, and guess what from about 100 members that mostly have currency that is not worth the paper they are printed on, only "six" at the top contribute with most, guess who is at the top, is not Germany and neither France as they comes 3 and 4, is US