Fewer and less people know, and even little remember that in September 1939 these words began radio warnings about the upcoming German raid. No, I am not going to inform against any raid, although there will be Germans and demolition caused by them. So what am I going to inform against? Before the upcoming Euro crisis. In a fewer months, it will be 10 years after I wrote a series of entries on the Euro.
Glue or dynamite — Part 1
Glue or dynamite – Part 2
Glue or dynamite – Part 3
In part one, I am describing the scenes of the introduction of a common European currency, in parts 2 and three, explaining the errors of its construction and why it is destructive.
Yeah, I know! No 1 will read it due to the fact that it's besides long and besides complicated! Which is why I'm going to effort to explain briefly. First of all, we request to know that the Euro is neither a monetary nor an economical project. He's a political project. The first nonsubjective of a task called the European Union was to prevent the outbreak of war in Europe. The aim of a task called the Euro was besides to prevent war, but a monetary war. The strongest currency that almost always caused these wars and always won was the German brand. Getting free of her was 1 of the Euro's goals. The cancellation of the brand was the price Germany had to pay for the approval of the union. But the full Euro was constructed by the diletants and was not only a proverbial shot into its own knee, but – utilizing Putin's words – somewhat higher. What is it? Well, any monetary union will only function if no of its members lives above their means. Maastricht criteria supply for 2-percent inflation. INFLACY, not the price increase! In fact, this concept is the first structural error, since it should be referred to as unit labour costs. What is it? This is the ratio of all wages in a given country to its GDP, or Gross home Product. Depending on the point of view (which is known to depend on the seat point) it is an indicator that speaks either of the cost of producing GDP or of how much money left in the pockets of those who produced GDP. If this amount of money increases with unchanged GDP, we will talk about inflation. All countries, but Greece and any Italy, followed this criterion. But here we come to another Euro construction mistake – no 1 thought that a country could consciously conduct deflationary policy! And that was the policy of Germany. For many years, unit labour costs were reduced there. This policy led to greater competitiveness of German goods and services. Apart from the dubious satisfaction of becoming the world's champion in export, German society had no of this, as its standard of surviving was constantly decreasing. But after the nipponese Germany is the most obedient society in the world. They do what the power says and don't rebel. But what effect does this have in monetary union? In all another countries their own products and services have become besides costly and have been displaced by German products and services. The GDP of these countries is falling, governments are afraid to lower wages (because they are not Germany!), unit labour costs are rising and as a result, these countries live "overstate". To live like this, they gotta owe themselves. The effects are seen today. A 4th of the age of the Euro and many countries that have introduced it are facing bankruptcy. Of course, not only the Euro is to blame! There are millions of migrants, the war in Ukraine and the resignation of inexpensive Russian energy sources. But the flawed Euro plan is simply a proverbial nail to the coffin.
W the 4th part of the cycle and one more entry I'm discussing preparations for the next crisis. What are these preparations? mostly on legal acts giving banks the chance to usage the money of their creditors. I bet most people who read this text now think, "Well, that doesn't concern me! There is no Euro in Poland, and I am not a creditor of any bank! It is actual that there is no Euro in Poland, but banks in our country surely have Euro-zone countries' bonds in their deposits. erstwhile these countries are incapable to handle and buy these bonds, the banks will be in trouble. Besides, there are practically no Polish banks in our country. There are branches of Western banks. erstwhile their office are in trouble, their files will besides save them and scope for the creditors' money. And who are these creditors? erstwhile we say "I have money in my account," we are wrong! The sum on the “has” side does not talk about the amount of money in the account, but about how much money we lent to the bank! That's how much money the bank owes us. The bank is our Debtor and we are his creditors!! And what if the sum on the side of ‘guilty’ is higher than on the side of ‘has’? Then we owe the bank and in case of crisis, the bank will require us to immediately repay the remainder of the debt with interest! Of course, we won't be able to do that, and the bank will take distant what he gave us for the debt – home, apartment, car...
What will the coming crisis look like? Nobody knows that. Virtually any script is possible. In particular, many European countries that are not in the Euro area are besides facing the possible of bankruptcy. 1 thing is certain: the crisis caused by the insignificant Greece was nothing compared to the coming one!
Scott Ritter does not talk about the Euro, but he does foresee the disintegration of the EU and NATO and the outbreak of wars in Europe (since 25 minutes).
I agree with his predictions of the Balkan war. What was artificially created after the dissolution of Yugoslavia is simply a powder keg. And Germany (again Germany!) is constantly tampering with the fire at the fuse, which is their erstwhile ally – Croatia, to a company with Albania and Kosovo. But the Polish-German war on western lands that Ritter is painting is very unlikely. We are already practically a German colony, so borders are meaningless and moving them would only be unnecessary problem and cost for Germany. Another issue is Volyn and Western Ukraine (which Ritter besides talks about). Russia's dream is to take over this nest of Nazism, and knowing the folly of our society and our "our" government is not excluded, that we will take over this bander scum. By the way, for an American, Ritter is beautiful well-oriented in past and geography!
As far as Germany is concerned, I full agree with Dr. Wielomska. I've been watching this country for a long time, and I see what she sees.
Germans build an empire, build a 4th crowd. They build in an undetected way, but consistent. Will this be the continuation of the 3rd Crowd? I don't think that's possible. I guess... but not impossible. Like Dr. Wielomska, I think it will be a "Großraum" – a combination of something like a medieval empire and the European Union under German rule. For the unification of Europe, Germany uses the same methods they utilized to unify Germany. Will they succeed? I don't know. Especially since their task is simply a kind of complement to the eternal Anglo-Saxon dream of another continental Europe's sloping on Russia. That is why Russia postpones the end of the war in Ukraine – it wants Europe and NATO to exhaust their forces and weapons supplies and monetary, economical and social problems to do the rest. By the way, a fewer times I came across (designated for the Russian audience) statements of Russian politicians, and rather high-level politicians who said that Europe should be put in order erstwhile and for all so that the next Russian generations should not be forced to fight again to defend their homeland. How would this “cleaning up” look, and is it just their private opinion or their authoritative opinion? They didn't say that.
But let's go back to the Euro crisis. Paradoxically it is on the hands of Germany. They're the biggest creditor. And the creditor has the chance to exert force on the debtors. In exchange for the remission or extension of part of the debt, it can, for example, "propose" consent to the creation of a European army or another German task to bring them closer to the creation of a European empire.
Unfortunately, another script is highly likely: the war on Russia. No, there will be no fresh “Barbarossa plan”! But – as in Ukraine – Russia will be forced to respond to any provocation and in this way it will be placed in the position of an aggressor. I say Moldova will be utilized for this purpose, but the Baltic is besides possible. What's all this for? The situation in almost all Europe is explosive. The days of many politicians are numbered, and in the face of political death the best way to redirect the rage of society to another direction is war and the external enemy. This method has been utilized for centuries. Will he scope for it again? If so, then Russian politicians who talked about doing things right with Europe will have a large chance to do so!
And finally, something to improve the mood. erstwhile I was writing about doing things with Europe, I remembered an old gag from the times of the Polish People's Republic.
Balanga in the Kremlin. The generals drank this and forgot to lock the secret room. The cleaning woman came in, put the chairs on the tabletops, but she didn't announcement that they were pressing any buttons and driving a abrasion on the floor. 1 of the generals comes in, sees it and yells:
- Your Job! She's fucking gone! –
– Me, the genius? – asked the frightened cleaning woman
- Niet, Evropa falls! –
