Germany and German banks seem to be telling the rest of the European Union that they will not go along with a scheme that would basically make German deposits security the basis of bailing out the rest of Europe: German banks reject EU deposit guarantee scheme So...for those keeping score: (1) Greece is coming close to leaving the EU because it doesn't want to turn over its national treasures as collateral (and I have a blog about that folks); (2) Italy is taking similar quiet steps, and that meas Spain and Portugal will probably follow. In short, the so-called PIGS nations are saying no … [Read more...]
GERMANY TO EUROZONE: STOP!!!!!
Yet another Daily Bell article, following up on yesterday's commentary from Joseph, about Germany's role in the EU: http://thedailybell.com/3823/Germany-Stands-Athwart-the-European-Crackup-Shouting-Stop … [Read more...]
THE DAILY BELL: THE EURO QUIETLY COLLAPSING?
Joseph continues his series of video blogs in response to readers and listeners, this time focusing on an article in THe Daily Bell about the quiet collapse of the Euro: Is the Euro Slowly Dying? … [Read more...]
GERMANY TO THE REST OF EUROPE: HOLD YOUR TONGUE
As most people are probably aware, it is now Germany that is calling the shots in the financial crisis in Europe. And on this website I've been sounding warnings, as most of you who are regular readers here know. But in fairness, one should present the German side of the equation, which the Christian Science Monitor, courtesy of a Facebook friend, Mr. T.O., kindly shared with me: Germany to Europe: Don't criticize us on eurocrisis leadership The nub of Germany's criticism of the rest of Europe, and for that matter by implication, Britain and North America as well, is contained in these … [Read more...]
AB CHAO, ORDO: IMF WANTS WORLD BAILOUT OF EUROPE
If you haven't seen this one over at The Daily Bell, then you need to: Out of Chaos, Order: Now IMF Seeks Collective, World Bail-Out of Europe Note that this article, however, gives us a new player, the Vatican. The question we have to consider here, is why would the Vatican be involved in such a global government scheme? We need only consider some facts about the papacy's official teaching about itself. Consider only the symbolism of Pope John Paul II, always kissing the ground on his many travels overseas. Why the symbolism? Or for that matter, the traditional papal blessing urbi et … [Read more...]
ICELAND FIRST, NOW GERMANY
Yesterday I talked about plucky little Iceland basically thumbing its Teutono-Scandinavian nose at the Banksters. Well, I am not often one to turn to Alex Jones or infowars for news, but this one was just too good to resist, for it seems another, much more powerful, country, might be preparing to tell the Eurozone exactly where it can go, and even appears ready to take the case all the way up to France, if need be: Germany Is Preparing To Kick Countries Out Of Eurozone Now it doesn't take a Nazi rocket scientist to figure out why Germany wouldn't want to allow the European Central Bank … [Read more...]
EUROPE’S CENTRAL BANK’S POLICY INIMICAL TO EU SURVIVAL
If you're like me you've been following the news in Europe rather carefully, and there's been a lot of it in the last couple of weeks. First there was a another bailout deal announced by France and Germany, then the Greek prime minister hinted that he would hold a referendum for the Greek people to decide whether or not they would be the ones ultimately bailing out the banksters, then he reneged on that, then there was a vote of no-confidence in his government, which, for the moment, survived the attempt. And all of this, of course, was played out on the US News media while the real story … [Read more...]
FLASH: GERMANY AND FRANCE DISCUSSING BREAKUP OF EUROZONE
According to the U.K.'s The Guardian, Germany and France have begun talks on the breakup of the Eurozone: European debt crisis spiralling out of control We can at least thank The Guardian for showing where the real power in the Eurozone, as in the Common Market that led to it, always lay: Paris and Berlin/Bonn. What of course if being ignored is the role of private monopolies over the issuance of currencies in the form of debt notes. … [Read more...]
NOW IT’S “OFFICIAL”: ROTHSCHILD BANKER ON THE END OF THE EURO
Well now it's "official" folks, the euro is in real trouble, because a Rothschild banker says it's so: Rothschild Banker Calls for End of Euro I have a number of comments, and they are of two natures: (1) the hidden geo-econo-politics going on behind the scenes in the Eurozone meltdown, which focuses on the emerging dynamic between Paris and Berlin, and (2) the conclusions that the Daily Bell draws. So, first the geo-econo-politics. Note the following quotations from the article which, in turn, references Rothschild banker Normal Lamont: "Eurozone leaders are already drawing up … [Read more...]
RUMOR: GERMANY QUIETLY PRINTING DEUTSCHMARKS?
Last Thursday in my News and Views from the Nefarium I reported on an internet rumor making the rounds since, well, since last year, and I promised that in the coming bunch of blogs I would share the links, and comment a little bit further about the rumor. Well, this is the time, and this is the place. First off, the actual articles that caught my attention: First, the report of the Press Trust of India, from June of this year: Deutsche Mark set for comeback instead of Euro in Germany Read more at: … [Read more...]