Do you, like me, see the euro currency as the largest contributor to this corrupt financial mess the banks have created in the European
countries that took part in it?
Indeed yes in many ways. The "Common Market" was fine as a free trade area. The moment it became the Eurozone as well the peripheral countries were
doomed to problems.
The mess in Europe is due in the first instance to the corrupt American banks and the US credit agencies who knowingly gave dodgy mortgage packages an
AAA rating and them sold them to Europe. At the same time the fractional reserve banking debacle meant that with the property bubble throughout Europe
banks could leverage their assets (which often were not assets but caustic debt) and be profligate in lending money to their developer cronies on the
assumption that property values would continue to increase.
The bankers were in short gambling, and worse than that gambling with money they did not have. Having the single currency aided the disaster because
any natural buffer from currency fluctuations was removed and no one had, or indeed has still, a view on the true value of the 'domestic'
The pound however is not exempt mainly because London is a world financial centre. Other currencies outside the Euro are doing better than the pound,
but also the UK problems are compounded by a Government that is hell bent on crucifying it's population with tax burdens when they don't even have
the Troika baying at their heels, and the because of the costs of idiotic 'green' schemes.
Nigel Farage on the Euro
The whole thing is of course going exactly as intended. Eventually the 4th Reich will arise when Germany has collected all the gold and is the master
Originally posted by PuterManAnd the Icelandic government wants to buy into THAT!!!!!! Idiots!
Yes ,the Social Democrats in the government still desperately want to buy into that.
But here are some additional news ,the Icelandic people have re-elected the Icelandic president ,
which clearly shows that the Icelandic people are very much against the senselessness which
has been ongoing in the Icelandic government. It's also a way of saying thank you to him as he
as a president really supported the people by putting controversial issues up for public voting.
Olaf says much distrust of the nation to be a concern of Parliament, and it is important that confidence be restored.
This may be a bit of a recap , but it looks more at why the U.S media seems reticent to tell the Ametican people about what is happening in
Can you imagine participating in a protest outside the White House and forcing the entire U.S. government to resign? Can you imagine a group of
randomly chosen private citizens rewriting the U.S. constitution to include measures banning corporate fraud? It seems incomprehensible in the U.S.,
but Icelanders did just that. Icelanders forced their entire government to resign after a banking fraud scandal, overthrowing the ruling party and
creating a citizen’s group tasked with writing a new constitution that offered a solution to prevent corporate greed from destroying the country.
The constitution of Iceland was scrapped and is being rewritten by private citizens; using a crowd-sourcing technique via social media channels such
as Facebook and Twitter. These events have been going on since 2008, yet there’s been no word from the U.S. mainstream media about any of them. In
fact, all of the events that unfolded were recorded by international journalists, overseas news bureaus, citizen journalists and bloggers. This has
created current accusations of an intentional cover up of the story by mainstream U.S. news sources.
On another note , I have read that Iceland is one of the few countries on this planet that you will find an abundance of Old souls.....telling isn't
it. The souls that really have experience with what humanity should be doing , show the way in a peacefull revolution.
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