Will this be the way Europe works towards a solution?
I would not be surprised.
From Pragmatic Capitalism:
I’ve lived in Europe. I haven’t said much about this, but while others were calling for the disintegration of the euro – mostly from Americans not so familiar with the “European way” (Gartman, etc) – I believed this process was part of the plan all along. The standard European bureaucratic M.O. is to implement as much law as the people will allow for the moment, wait until an emergency develops, then continue the law you wanted to create in the first place, or at least another step of it. That’s how it works over there. I’m certain the central plan from early on was to consolidate treasuries, etc. But the people wouldn’t go for it at the time. Nationalism and such. So they needed to wait until a situation “forced their hand”. European politics, IMO, is much easier to read than American politics, which seem to sway in the wind every four years or so; I guess that part of it is predicable. Not that the European way is guaranteed to work or anything, just that there seems to be a consistent methodology to how policy happens over there. At some point in the future a situation will force them to combine military commands, too. But that’s much later. Europe is much more top-down controlled than the USA, it’s just fairly well hidden. Only those plucky Brits really fight against it. They’re like Europe’s Texas.
Reflections
maandag 28 november 2011
woensdag 9 november 2011
Clarke and Dawe
How funny and accurate!
The debt crisis
European debt crisis
Quantative Easing
The Greek economy
The global economy
Global Collapse
How does the financial system work
The debt crisis
European debt crisis
Quantative Easing
The Greek economy
Global Collapse
How does the financial system work
vrijdag 4 november 2011
James Wolfensohn
Good video explaining a rapidly changing world by former Worldbank president James Wolfensohn.
zondag 30 oktober 2011
vrijdag 21 oktober 2011
vrijdag 7 oktober 2011
IMF advisor says we face a Worldwide Banking Meltdown
And another...
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