Tuesday, October 7, 2014

The ECB and the Euro have not united Europe in any way since their inception - other than a common un-payable astronomical debt via a common currency! The EEC was a far better instrument for uniting Europe - with each government controlling its own borders and in control of their own currencies - and their own prices! Central banks such as the FED and the ECB are screwing the life out of the working man and having a right laugh about it too with their corporate and politician underlings! As just one example, in 1955 the starting wage at a John Deere plant in the USA was $13.50 an hour and gasoline cost 25 cents a gallon back then! It now costs $4 a gallon which is 16 times higher - but the minimum wage in the USA is around $7 an hour. And guess what - the starting wage at John Deere is still $13.50 an hour! According to the cost of gasoline it should be 16 x $13.50 = $215 dollars an hour!!! Similar scenarios are playing out in Britain and the rest of Europe as well! So when the bank controlled media starts spouting about real growth - I would say that is a load of horse manure! Actually, the truth lies in not just "debt forgiveness" but in "debt-free money" directly from government treasuries everywhere... value based on individual GDPs. But the central bank stockholders who meet at the Bank of International Settlements in Switzerland will not relinquish their 6.66 % (how odd) of the entire national debt of the Western World very easily! Assassinations, wars, and depressions are just some of the tricks they pull out of their hats to keep us all enslaved to debt-based money! The only solution would be to have leaders with "balls" open their books, throw the buggers in jail, and then start printing currency based on good faith and national assets. Organizations like Positive Money in the UK are trying to spread awareness of this major problem in our economies! Let's hope they are successful!

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