In this to the point, pedagogic and very telling video (by Clarke and Dawe), the whole madness behind the euro and the present crisis in Greece,Spain,Ireland,Portugal,Italy, etc. is explained.
All thanks to our “dear” local and European politicians and banks (private and central banks, ECB) etc.
“Roger, Financial Consultant: They lent all these vast amounts of money to other European economies that can’t possible pay them back.”
“How can broke economies lend money to other broke economies who haven’t got any money because they can’t pay back the money the broke economy lent to the other broke economy and shouldn’t have lent them in the first place because the broke economy cant pay it back”.
I think even a 5 year old can understand this. But not “our” politicians and bankers.
And remember this video was done a year ago. So now the situation (and the figures) is worse by a factor of two.
Thank you for ruining the common people in all our countries!
And this is on top of their efforts to drive us back to the Stone Age through the Global Warming Hysteria.
(See for example my post: Portugal – The perfect example of how the ”Green” economy destroys a country and sends it into the Abyss)
So this is a double whammy courtesy of “our” elected “representatives”.
Clarke and Dawe – European Debt Crisis
Läs även andra bloggares åsikter om http://bloggar.se/om/milj%F6” rel=”tag”>miljö</a>, <a href=” http://bloggar.se/om/yttrandefrihet” rel=”tag”>yttrandefrihet</a>, <a href=”http://bloggar.se/om/fri-+och+r%E4ttigheter” rel=”tag”>fri- och rättigheter</a>
Etiketter: a ghost, Against the will of the people, Angela Merkel, Anger, At ALL COST, Bailout, bailout package, bailout terms, bailouts, Banks, Baroness Ashton, Berlusconi, bond market, Britain, broke, broke economies, Bryan Dawe, Bunker mentality, CCC, Central banks, Clarke and Dawe, collapse, corruption, Council of the European Union, dangerous people, David Cameron, debt crisis, Debt level, debt rescue, dustbin of history, ECB, ECB's Executive Board, ECB's Governing Council, Economic and Monetary Affairs, economic crisis, emergency meeting, EMU, EU, EU ambassadors, EU foreign minister, EU institutions, EU mess, EU Parlamentet, EU's president, Euro, Euro Group, Euro-State, Europe of Freedom and Democracy, European Commission, European Commissioner, European Council, european debt, European Finance ministers, Eurozone, Eurozone in crisis, Fanaticism, Fear, Federal State, finance, foreign reserves, France, Germany, Global Warming Hysteria, Great Britain, Greece, Herman Van Rompuy, IMF, inflation, Ireland, Italian Prime Minister, Italy, Jean-Claude Juncker., Jean-Claude Trichet, John Clarke, Korruption, Lisbon Treaty, Lissabonfördraget, maneuvering, MEP, monetary policy, national debt, national governments, National parliaments, Nicolas Sarkozy, obsession, Olli Rehn, political influence, Politicians, Politik, Portugal, price stability, rescue package, Riksdagen, SGP, Silvio Berlusconi, Spain, Standard & Poor's Ratings, Surrendered, The 7.30 Report, The Ecofin Council, The Economic and Financial Affairs Council, the Emergency, the euro area, The game is up, The Stability and Growth Pact, total meltdown, William Hague