Death of democracy:
Brussels will destroy any nation admitted to the EU that wants to leave; it declared economic war on Greece by deliberately trying to plunge the country into total ruin, ‘far worse than the sanctions imposed on Russia’, and the heavily opposed austerity measures. This is a very sad experience for the entire world.
“It is a terrible example that the Troika – EU, ECB, and IMF – is the new equivalent of a Roman Triumvirate – the death of democracy.” Europeans will remember the 1st of July 2015 as the day when national sovereignty visibly died. This is in line with my previous essays concerning the dead of democracy, and fears of moving into Economic Totalitarianism that are now coming true. Actually Greece now has surrendered its sovereignty to Brussels.
Democratic principles are dead: long lives Totalitarianism. – The EU project by tying up economies like Germany and Greece was doomed to be a fiasco, so now it turns out to be a complete fiasco, and the confirmation Greece should be allowed to go back to the drachma, to devalue and to rebuild itself.
But that’s not going to happen as Agenda 21 stipulates:
“I can assure you that we are now only a few yards away from our goal. Once the circle closes, all the states of Europe are clamped like in a vice.” Illuminati-Protocol 3:1 – Announced by Dr Richard Day in his top-secret speech in 1969.
Important matters are being arranged behind closed doors, in which citizens have no influence but only suffer the consequences. Nobody can check the plans or exercise any influence on it, so follows the one undemocratic agreement on top of the other. Jean Claude Juncker, the EU Commission President explained in 1999 the EU democracy as follows:
“We take a decision, make that known and then wait and see what happens. If there is no significant opposition, because most people do not understand what we are doing, we go one step further, until beyond the point of no return.” (Der Spiegel 52/1999)
The weapon is finance; the instruments are the mega-banksters of Europe and Washington. They are like dehumanized missiles. – The thugs of Brussels have the audacity to call for Mr. Tsipras resignation in case the Greek referendum rejects the austerity package. And anyhow his Minister of Finance Yanis Varoufakis has got to resign. – Can you imagine!
“…it becomes clearer every day Brussels, Washington and Berlin are waging an open class war against Greece, because the Greek people, the citizens of a sovereign country the first democracy in Europe, the country that gave Europe her name these people have had the audacity to democratically elect a socialist government. Now they have to suffer. They do not conform to the self-imposed rules of the neoliberal empire of unrestricted globalised privatisation of public services and public properties from which the elite is maximizing profits for their own benefit, of course it is outright theft of public property.
The most powerful form of dictatorship and control is the one you cannot see and not being aware of that it exists. Still people are given the illusion of freedom by being allowed to vote every four years or so, but behind the scenes the same few are in control whichever party of government officially is voted into office. Democracy is supposed to be rule by the majority, which is a tyranny in itself, but it is not even that. It is the dictatorship by the few hiding behind the smoke screen of a ‘free and open society’. Every person elected from the left or the right is ultimately controlled by those few and it doesn’t matter which one is elected and put in charge, the RK crime cabal of the elite brotherhood dictates them about what and how to be done. In fact it really doesn’t matter whom you vote for, the hidden hand pulls the strings of those who appear in charge to making decisions. The whole idea is to deceive the people that they are free when they fundamentally are controlled. Nobody rebels about not being free when thinking to be free. When you are in a cell and you can’t see the bars people think they are free to leave whenever they want. But if you are in a cell and see the bars you know you’re in a prison. If you are in the cell and can’t see the bars you think you are free to leave, until you try it, that is, what most people never do, but what Greece people try to do now. Governments talk endlessly about ‘Freedom’ and the ‘Free World’ because they are selling the prison without the bars. What they say is nonsense of course, but we people have to believe it, otherwise we might realise that in truth we live in a one-party dictatorships controlled by a few.
As soon as “the euro was introduced, it did not take long for imbalances to develop and accumulate,” explained Professor Philipp Bagus in 2012. Bagus related how euro creation worked in the Old World pre-2008. As with any paper money system, he who got the new money first benefited most. “But the only way to get new euros,” he added, “was for a country like Greece to issue more government bonds and give them to the European Central Bank as collateral.”
And now the problem is noticeable — “When I think about my granddaughter’s future,” one 61-year-old Athenian pensioner, Nikos Athanassiou, told the Daily Telegraph, “I panic. I want her to live in an independent Greece — not a protectorate.”
In Greece as elsewhere, wealth will come from innovators, not government. Perhaps today more in Greece than anywhere else, Greeks’ resistance to the old paradigm stands to be quashed by the paper pushers and Brussels the RK Mafiosi in power. – Which force will dominate? And does it even matter?
The main strategy of EU financialization is: extend cheap credit to those with limited access to capital. Those with limited access to capital will swallow the bait of cheap credit whole, and willingly agree to penalties, higher interest rates, etc. – Then, when the credit expansion reaches levels that cannot be supported, the lenders demand collateral and/or favorable trade and financial concessions, obviously the RK Mafia strategy.
“The economic pillaging of former colonies had its limits; as a consequence the global financial power Elites developed the Neocolonial Model, which turns these same techniques on one’s home region. Thus Greece and other capital-poor European nations were recognized as the periphery that could be exploited by the core, and the euro was the ideal tool to financialise the economies of nations which could never have generated credit/housing bubbles without the wide-open spigots of cheap credit flooding their economies.”
In Neocolonialism, the forces of financialization are used to indenture the local Elites and populace to the financial core: the peripheral “colonials” borrow money to buy the finished goods manufactured in the core economies, enriching the Imperial Elites on the principle: – the profits made by selling goods to the debtors, – the interest on credit extended to the peripheral colonies to buy the core economies’ goods, “live large,” and the hidden transactional skim of financializing peripheral assets are such as real estate and State debt.
In essence, the core banks of the EU colonized the peripheral nations via the financialising euro, which enabled a massive expansion of debt and consumption in the periphery. The banks and exporters of the core extracted enormous profits from this expansion of debt and consumption.
Now that the financialization scheme of the euro has run its course, the periphery’s neocolonial standing is unambiguously revealed: the assets and income of the PIIGS nations are flowing to the core as interest on the private and sovereign debts that are owed to the core’s central bank and its money-center private banks.
Note in attached graph how little – only 8% – of the Greek “bailout” actually went to the citizenry of Greece and how much was interest paid to the financial powers.
This is not just the perfection of neocolonialism but of neo-feudalism as well. The peripheral nations of the EU are effectively neocolonial debtors of the core, and the taxpayers of the core nations are now feudal serfs whose labor is devoted to making good on any loans to the periphery that go bad. – Neocolonialism benefits both the core’s financial aristocracy (RK Mafia), these are the national oligarchies they are the ‘kleptocracies’ – the rulers that use their power to steal the country’s resources.
With the bankruptcy of Greece now undeniable, it finally has reached the endgame of the Neocolonial-Financialization Model. There are no more markets to exploit with financialization, and the fact that the mountains of debt are un-payable can no longer be masked. At this point, the financial aristocracy (RK Mafia) has an unsolvable dilemma: Writing off defaulted debt also writes off assets and income streams, for every debt is somebody else’s asset and income stream.
In short: Brussels’ club is not just the perfection of neocolonialism but of neo-feudalism as well. The peripheral nations of the EU are effectively neocolonial debtors of the core, and the taxpayers of the core nations are now feudal serfs whose labor is devoted to making good on any loans to the periphery that go bad.
Bleak economic outlook:
Nevertheless the majority of Greeks want to remain part of the EU. However, they’re rightfully angry at the harsh austerity measures imposed on Greece as part of previous bailouts.
These measures have resulted in a deflationary spiral that has been infecting all of Europe. Greece is mired in a deep recession with an alarmingly high unemployment rate of 26% and climbing. The Greeks face a bleak economic outlook that is going to get murkier.
Whenever a nation runs out of cash: governments resort to capital controls, although they never work. After all, the last place investors want to invest their capital is in a market where they cannot get their money back out. So global investors avoid markets with capital controls, making the cash crunch even worse. “Over the past six months, $31 billion has been withdrawn from Greek banks. And the European Central Bank has poured nearly $100 billion in emergency lending into Greek banks, but to no avail as capital flight continues.”
Greece is the very cradle of civilization and the cornerstone of democracy in Europe. – Can you imagine? Working hard your whole life in order to secure a pseudo-predictable and stable future. Then, bam! You’re no longer entitled to what you earned. Just like that. – The fact of the matter is that the crisis in Greece is setting a disconcerting precedent and igniting a great deal of fear amongst all pensioners in the western world.
Corrupt, plutocratic, crony-capitalism doesn’t work. The system will eventually implode. Gold will eventually rise — as it always does in times of true currency crises. It’s important to keep an eye on China in the wake of currency wars, crises, and crashes. Greece won’t send gold prices soaring on its own.
However, there’s a perfect storm brewing when factored in, China’s influence on global gold prices, as China is playing a bigger role than many may think, Fed ambiguity regarding interest rates, Russia’s bulk-bullion-buying spree, and the usual chaotic-ness of the latest currency war that’s been going on for the better half of a decade now.
When the purchasing power of money goes down, as economies grow weak, gold goes up. It’s as simple as that. So be aware of what’s happening, currency wise, around the world right now.
Greece situation will likely be resolved by Greece remaining in the EU, as the IMF against the will of the EU and the ECB declared that Greece’s debt should be written off for at least 50 billion, as Greece’s debt is unsustainable. – Despite any bluster in the newspapers, European politicians desperately want to keep the EU intact, to save their own well-paid jobs.
Although the Greek economy is a relatively small part (<2%) of EU, a Greek exit would be a damning indictment of its structure and policies. A member leaving would be a big “PR” disaster, as well as a likely financial disaster. The alternative to working together and finding a way to keep Greece in the club is a financial crisis that is going to harm every other EU member. – Crazy things happen in the market from time to time. Greece and the rest of Europe could let their disagreement lead to disaster.
Implementation of restrictive – as capital control – measures can be devastating for citizens who don’t see them coming, and for those dependent on fixed incomes and pensions, certainly for most Greeks, the “writing has been on the wall” for several months.
Photos of senior citizens lined up at Greek ATMs to withdrawal their daily limit of 60 euros were disturbing to see, people need to be paying attention to these alarming scenes. As a similar scenario could occur in many other nations, too many would be completely unprepared, because they never have considered this situation. For example: ‘what would you do if banks were closed? What if you could only remove €60 per day from the ATM – if it even worked at all? Think about these situations, and get prepared now it still is possible!
There are plenty articles about people going out at night scavenging for food. Some of these people used to be part of the middle class. They were working people with good jobs and decent homes, and now they are basically in poverty. – There are stories about business owners who are out of business or on the brink of bankruptcy. Particularly hard with the shutdown of Greek banks and the capital controls.
Anyone who had significant money in a Greek bank was not wise. There was plenty of warning, really for the last several years. It just shows that there is often plenty of warning, yet many people still fail to take action. Consider this for your own life lessons.
Secrets that are not disclosed to the public:
“German Finance Minister Wolfgang Schäuble explained on Tuesday that Greece would remain in the euro, no matter how the referendum ends on Sunday. Two years ago, Mario Draghi commented on the continued existence of the euro by saying that the single currency was just irreversible. Angela Merkel delivered a very cold speech stating there are no known proposals that could lead to a common solution to the crisis. The USA position is of course that they want Greece to remain in the euro solely based upon NATO. Then there is the issue of throwing out Greece’s Finance Minister Yanis Varoufakis from any meeting. Why expel a finance minister? The reason may lie in a hidden scheme.
There is behind the curtain posturing going on which is out of the public eye, whereas people do not quite realize that joining the euro was the surrender of national sovereignty. Brussels has a hidden clause that shows from the very beginning that this was a covert action to federalize Europe by displacing democratic institutions from the top down. The sinister clause at issue explains why they expelled Yanis Varoufakis because they need unanimous consent to supersede the sovereignty of any member state.
Yanis Varoufakis has described the actions of Athens’ creditors as “terrorism,” but said agreement with them was inevitable in an interview published hours before a landmark referendum to accept or reject the bailout terms. “What they are doing with Greece has a name: terrorism,” Varoufakis told Spain’s El Mundo daily. Why have they forced us to close the banks? To make people frightened. And when it comes to spreading fear, this phenomenon is called terrorism.” Varoufakis said he believed Brussels and the Troika of creditors wanted the people to say “Yes” to the bailout terms, so that “they could humiliate the Greeks.”
Now that Greece has failed expect Spain, Italy, France, Germany and finally the United States itself to follow an almost similar trajectory to what has been seen with the Soviet Union. What most people still do not realize about the fall of the Soviet Union was that it was not caused by failed ideology but by actual financial bankruptcy. That is why the European Union and the United States, which are modelled almost exactly on the Soviet Union, are doomed to experience regime change. They both are bankrupt.
The entire euro experiment was built for failure:
Western political leaders and media denounced the Greek government for practicing democracy. As far as Europe’s leaders are concerned, on behalf of the foreign elites – RK Mafia – they, but not the Greek people have sovereignty over Greece. Nevertheless, Greece is the first nation in the world that stood up to the RK Mafia – crime bankers and said if the European banking system needs a Bail Out that won’t be done by more austerity and loading-up Greece with more debt! – As shown above over 90% of the bailout money that Greece has “borrowed” went directly to the banks and institutions that lent the money. Greece has said no more. – Now the ECB will do what Mario Draghi many times has said he would do, printing more money as necessary, this time to bailout the EU banking system with massive QE of Euros; before the final collapse starts in the coming months. This is the demise of the euro that would create a Global Money Tsunami. – As, Anti-euro forces were gaining momentum all over Europe:
“Greece has been impoverished by euro membership for too long,” said a prominent right-wing politician in support of the Greek leftist party. “This crisis has now become an opportunity. The Greek people need freedom to prosper.”
“This Europe is a disaster,” said another. “The European rules are disastrous, the European treaties should be reviewed one by one, and the single currency is a mistake. So, before dying of starvation and unemployment, we the people of Europe would be better off by stopping and reviewing it all, start again from the beginning.”
The Greek people know they are not legally responsible for debts incurred by Mafiosi bankers and will therefore not pay. This has set in motion a first domino that will lead inevitably to the bankruptcy of the crooked banking system. Spain, Portugal, Ireland, Italy, France, Germany and then the United States will follow Greece.
Sovereign nations are put into terrible economic straits by manipulating them into un-repayable debt and then offering them a deal to hand over rights to land and resources as payment for the debt of non-existing ‘credit’. This is all about the creation of today’s economic worldwide crisis.
Another domino has fallen too. It’s the EU’s Nazi-regime subsidiary Ukraine; it has missed a payment and gone bankrupt. – This first ever bankruptcy of a EU country has added new urgency for a new financial system. The existing Babylonian debt slavery model applied by the RK-Mafia cabal has got to be abolished. As, they lend money created out of nothing at interest and expect to get paid back or otherwise seize the collateral.
Domino number three Puerto Rico, the 51st State of the USA, is officially broke and unable to pay all its debt obligations. The White House has firmly attested that a Puerto Rican bailout is not in the cards – because they are broke themselves!
The Japanese financial system also is on the brink of collapse, because their money has been stolen in order to postpone the bankruptcy of America Inc.. A recent survey by the Japanese government showed that 62.4% of Japanese are experiencing financial hardship.
For everyone who has doubted over the last couple of years when writing about the coming Economic Destruction, look at Greece and understand: “This is what’s in store for all of us in the coming months – don’t close your eyes to it!”
As very few of you will revolt, watch this video of Lt. Col. Roy Potter, who certainly will wake you up with his honest rant on the system.
As intro for next week’s essay: Jesus Christ was crucified, because he was the very first liberator of the world. He refused to pay taxes, because he knew where the money came from. He upset the Babylon moneychangers – the banksters of his time. People didn’t want to listen. If YOU are not AWAKE NOW, you are a traitor, says Roy Potter. Reminding us: that power corrupts, and insurance companies are part of the cabal’s banking system. – Obama care has been the greatest contributor with over 3 trillion/year.
This gambling world with Ponzi schemes has nothing to do with reality. EU problems remain unsolved. Safe Haven currencies are Gold and Silver, the only way to protect your wealth, don’t hold paper currencies that are going down the drain soon. Prepare for the panic ahead.
Economic Collapse is Coming Says Ron Paul
The Theft of Democracy: