Archive for the Europe Category

Eu-rope Is Mal-rope (May 7, 2012)

Posted in Bankruptcy, Banks and Banking System, Debt/Deficits, Entitlements, Europe, Foreign Policy on May 7, 2012 by e-ssay.org

. . .

1          “Putin is put in, Sarkozy is put out.  The Dutch government is dissolved.  The Greeks have had it with not having it.  The Germans have had it with having to pay for others to have it.  The Spanish have no realistic recovery plan to have it all or even to have it half.”

2          “The have-nots and even the haves have had it.  The community described as ‘Socialist Europe’ is now moving to the right.  Restrictive immigration policies are always a harbinger of hate on the horizon.”

1          “Generosity emerges when individuals meet their needs and have adequate resources to share with others.  With diminishing resources and declining opportunities, Europeans with resources are protecting their piece of the crumbling pie.”

2          “After World War I, the victors imposed unworkable reparations on the Germans that were doomed to fail and set the stage for another war.  After World War II, the victors implemented the workable ‘Marshal Plan’ that destined the economies to succeed and set the stage for an exceptional peace.  The magnanimous approach was and is considered prudent, progressive, productive and profitable.  Today, the Germans have reverted to the World War I model in a doomed effort to end the financial war raging in Europe.”    

1          “After World War II, the Germans and the Japanese learned that it is easier to take by investment than by invasion, but that lesson is being lost.  Today, a nation’s debt is really little more than a default deferred.  The Europeans need to hit the ’ctr-alt-del’ button and build a better economy.”

2          “For some time, it has been just a matter of time.”

. . .

Bumper stickers of the week:

Eu-rope is Mal-rope . . . and on the ropes

Those who know the ropes realize that Eu-rope is on the ropes and at the end of their rope because they gave themselves too much rope and are now trying to rope in their excesses in a way that may only hang them all.  They are at the bitter end and are getting bitter.

Make work not war

A nation’s debt is really little more than a default deferred

In Heaven, the mechanics are German, the police are British, the chefs are French, the lovers are Italian and the entire place is organized and run by the Swiss.  In Hell, the police are German, the chefs are British, the mechanics are French, the lovers are Swiss and the entire place is organized and run by the Italians.  In Purgatory, the debtors are Spanish, Portuguese, Irish, Icelandic, Italian . . . . and the entire place is disorganized and run by the ECB, IMF, FRD and GS.

The Swiss are adequate lovers . . . really

Europe: Boycott America (Sept. 28, 2009)

Posted in Dollar - World's Reserve Currency, Economics, Europe on September 28, 2009 by e-ssay.org

How enlightened Europe could get suckered by and sucked into the Great American Meltdown is bewildering.  Those with some distance and perspective should have seen that the American economy was hollow and vacant as early as 2005 if not earlier.  Countries such as Iceland and Ireland – good people all – and cities, towns, and villages throughout Europe largely brought it on themselves because they bought the lies and the poison from America.  The financial products exported from America had to look suspicious at the time

Europe should boycott America.  Really.  In a rational and purposeful way.  Purchasing and holding dollars may make economic sense in the future.  If so, buy bucks.  The decision may get more problematic when the dollar is no longer the world’s reserve currency.

Holding American bonds may make economic sense in the future.  If so, investigate them with care and acquire them.  Keep in mind that American municipalities and other political subdivisions can file bankruptcy.

However, the financial sector in America is corrupt to the core.  O’Bama is trying to clean up the mess, yet he cannot surmount the entrenched financial community.  Only powerful financial/economic/political market forces will compel change in the American financial markets.  The pressure may need to come from overseas.

Bumper sticker of the week (sported on a red Renault convertible sports car):

USA:  Fool me once, shame on you; fool me twice, shame on me.

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