News & Analysis
Planned Chaos of Euro Collapse?
EU debt deal may be divisive for Europe ... Heads of state in Europe are congratulating each other for agreeing to a deal that will force fiscal discipline on European Union countries and impose sanctions on those that stray from the budget diktats of EU regulators. But the pact drafted largely by Germany and France and agreed to over dinner and drinks in Brussels must now be sold to average citizens, who are increasingly mistrustful of surrendering national sovereignty to the European Union, analysts said Sunday. The pact, then, could wind up forcing nations to choose between further European integration or disintegration. Leaders of 23 of the EU's 27 nations agreed Friday to be part of a new fiscal union in which they would be sanctioned if they miss preordained targets on spending and borrowing. Britain declined to join the pact, while Czech Republic, Hungary and Sweden said they would have to seek approval from national parliaments. – USA Today
Dominant Social Theme: Too bad Britain faded away ... The chaos is as undeniable as it is undesirable.
Free-Market Analysis: In today's lead article we tried to point out once more (as before) that this global central banking order we have is not to the world's benefit. What we call the Internet Reformation has made it more and more difficult for the powers-that-be to promote their fear-based dominant social themes.
It is these memes that the power elite has used in the past to frighten Western middle classes into giving up wealth and power to already-prepared globalist solutions such as the UN, IMF and World Bank. But these themes are foundering now as more people find out more about them.
Global warming, Peak Oil, even the War on Terror itself – all of these memes and many more are not so convincing as they once were, thanks to the unfurling of the Internet era, which is doing to power structures what the Gutenberg Press did 500 years ago.
The European Union itself is a power elite meme – the idea that increased centralization and globalization are necessary in the modern world. It is not true, of course. It merely supports the larger agenda of the power elite, which is world government.
In fact, the recent splitting-up of the Eurozone, between those that support further integration to salvage the euro and those that don't, may be seen as part of this larger trend. And as we recently pointed out, the Anglosphere elites behind the EU probably didn't want the split between Britain and mainland Europe.
500 Year Old Global 'Roll-up' Founders
But their hands were forced by the dawning realization among Europe's increasingly irate tribes as to just how controlled and destructive this new empire actually is. And thus they likely made the best of it – either precipitating the crisis or creating a response that would further their agenda. And this agenda, of course, is one of chaos. For only out of chaos can order be generated. From chaos to order... Here's some more from the article:
"The British are not only not sitting on the fence now, the tone has become more aggressive. And the response of France and Germany is becoming more aggressive," said Almut Mo¨ller at the German Council on Foreign Relations in Berlin. "I think this is a very dangerous spiral for relationships that are crucial."
The pact is aimed at solving a financial crisis in which several EU nations such as Greece and Ireland are buckling under heavy debt that wealthier EU nations have had to help bail them out of. As an agreement has not been reached between all 27 states, a new pact will have to be drawn up outside of existing treaties ...
"The first question is: is it legal? Is it breaching European law?" asks Bert Van Roosebeke, an economist at the Center for European Policy in Germany. "Because if that were the case you can forget about the whole thing. If it's not breaching European law then you have to ask yourself the question in every single country is this compatible with my national constitution."
One country that will not be asking itself that question is Britain, which polls show is not in favor of more unification with Europe. Mo¨ller says that the latest agreement points to a troubling divide between those countries in the eurozone and those outside. "Can we really create a united union when only 17 are moving ahead for now, and the rest are kind of on the periphery?" she said. "In my view, the euro and the common market cannot succeed in the medium to long term without an arrangement with London." Mo¨ller said. Such concern over European disunity is shared across the continent.
The EU – and its euro – is failing. The Anglosphere elite that set it up in the first place will either try to salvage it as it is or will use the chaos from the breakup to pursue its goal of a more perfect global union.
But as we can see from this USA Today article, the European Union faces tough challenges. It is as likely, in our humble view, to founder entirely as it is to continue as an organized political entity. Again, we repeat (as few others will, even within the alternative media) this is a setback to the powers-that-be.
Yes, make no mistake: The preferable course of events is to contain and expand the union. A break-up, it is true, may prove convenient, as chaos is always useful in building a new kind of political structure. But such chaos is also very risky to the established order.
In fact, generally speaking, we would suggest that the world is faced with a good deal of potential chaos and ruin. We would make the case, as we do regularly, that history is in a sense repeating itself, and that we can discern a similar scenario as regards the initial impact of the Gutenberg Press. We believe that elite attempts to counter the Press's "enlightenment" only increased the social chaos that it engendered.
Conclusion: Those who are concerned about their future, and their family's future, shall watch the unfolding – or unraveling – of the EU closely. Sooner or later, as always, the patterns shall become clearer along with actions that one should take for purposes of both physical and economic protection. Follow the meme ...
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Posted by Danny B on 12/11/12 09:17 PM
Here's an early opinion on European unity;
The basic conditions for the prosperity of world economy are healthy separate national economies, and, on all sides, the equally lively will to collaborate among the nations. Weak, non-free, and non-indpendent national economies have never yet fostered ordered world commerce. The German Four Year's Plan, which stabilizes the revival of German home economy, and is thus to guarantee the life of the German nation, is hence no barrier to the extension of a new world economy; on the other hand, Germany contributes a valuable asset to world economy with this firmly established, hardened economic body. For the inventions and technical innovatgions in the laboratories and engineering departments of an industrial country, and the productions and industry developed therefrom, are not only of importance to the national economy for one's own country, but, at the same time, of international importance. The new products arising in this manner also represent a consolidation of the national economy, as well as an enrichment of world economy. And just as Germany has advanced, the other coutnries are not also considering the last sources of their own economic power. In this way, partners enjoying the same rights are formed, who, as free and independent economic nations can certainly solve the problem of world economy in peaceful collaboration better than weak contracting parties, who always influence world trade with disturbance and uncertainty. There will always be differences of opinion regarding the method in which world economy can be moulded to a big and beneficial whole. It should not, however, be difficult to fix principles for this aim if the difficulties prevailing at the time are feely and openly discussed. I am personally of the opinion that a country desirous and able to export must also be desirous of importing. But I am sure that an economy wich recognizes its national tasks cannot be dictated to from outside as to what is to be imported or exported. To import at any price, or, especially undertake export possibilities by means of political connexions which are not nationally bearable, is out of question for Germany. The Four Years' Plan delivers us from such an enforced position.
May this representation of our intentions, and this work contribute towards proving Germany's will to import and export, and to increase Germany's portion as the world's customer.
General Gõring
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Posted by Anthony Migchels on 12/22/11 10:48 AM
To be honest, I was shocked by Britain's move.
I just wrote this Click to view link when it happened.
I agree the Elite probably had to settle for this second best.
Cameron's story that the City needs protection doesn't add up. In fact: now that he has blamed the banks, most of the British press is blaming him of sacrificing Britain's future in the EU for them.
This is quite predictable and another one of their dialectics is around the corner:
Cameron Protecting Banks vs Brits fighting banks = renewed EU enthusiasm.
It is more likely that Cameron could not fend off his own EU sceptic backers.
Be that as it may: it is a great crisis for our self declared bosses. That does not mean they won't find a way out, it's nice to see them sweat nonetheless.
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Posted by Danny B on 12/15/11 11:47 PM
Here's some "can't do". It's an interesting vid.
Click to view link
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Posted by Danny B on 12/15/11 11:25 PM
Pete, here's some can-do language for you.
Click to view link
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Posted by Danny B on 12/15/11 11:13 PM
Oh Great Bell, once again I'm forced :) to go off-topic to relay a juicy bit of info.
Yes, I will comment on-topic also.
We all are entertained by reading Fulford. GREAT pipe-dreams. Here is something related that is intriguing concerning a Dragon society. Yes, I know, these societies seem as ephemeral as Cheney's humanity.
Here is your first link;
Click to view link
This appears to be the related court filing.
Click to view link
While it may be more smoke, the actual bonds that were confiscated at the Italian border were very real. This MAY be a possible explanation.
Back on topic.
Stockman shows good cause to believe that French and German banks haven't got a prayer of surviving.
Click to view link
There is NO time to wait for any referendum. It won't much matter because, the banks have no collateral, no deposits
Should the banks survive a short time longer, Bass expects Japan to to detonate in the near future. The fallout from that would kill stability in Europe.
Click to view link
Should the Euro survive the crash of Japan, they will face the collapse of the shadow-banking system.
Click to view link
I'm not as gloomy about China as many people. China recently lowered the reserve rate for their banks from 21.5% to 21%. They have a LOT of room to maneuver. Many people forget that much of RE in China was purchased for cash. China has bubbles certainly but, they have more control over the banks than the West.
I believe that the bottom-line for the Euro is that the states and the banks can NOT attract any investment because they have no prospect of servicing their EXISTING debt.
The investors have no intention of being the "stupid money".
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Posted by Chasvoice on 12/13/11 09:22 PM
Meltdown:The Secret History of Global Financial Collapse - Video
Click to view link
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Posted by Chasvoice on 12/12/11 11:29 PM
The Role of Cash Settlement in Market Manipulation and in the Panic of 1987
We have been alarmed by the recent behavior of our financial markets. Our concern is not so much with market volatility but rather with market combustibility. It is not random wildness that troubles us but the markets susceptibility to specific stimuli which are controlling the short and intermediate pricing of equities, futures and options.
We are concerned that the regulators have allowed the development of a market mechanism that they neither understand nor can control. More, we contend that the US equity markets are now sullied by an extensive on-going manipulation of unprecedented proportion...
Click to view link
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Posted by Abu Aardvark on 12/12/11 05:56 PM
USA Today: "the tone has become more aggressive. And the response of France and Germany is becoming more aggressive"
PANCHO MERKEL: "We Don't Need No Stinking Periphery!"
Click to view link
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DB: "But their hands were forced by the dawning realization among Europe's increasingly irate ribes as to just how controlled and destructive this new empire actually is. "
You mean tribes, I suppose ...
Reply from The Daily Bell
Thanks.
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Posted by Agent Pete 8 on 12/12/11 05:52 PM
IT would be a radically unconventional attack of good manners if the paid-for perps poll populations over this point. It fails to fit with their Mannerless Modus Operandi.
Planned & directed: yup.
Well executed without a trail of evidence: nup.
Challenge:
I love how at the DB there is a mountain of Life and Business appreciation skills and knowledge on tap, even though most are too timid to post; a massive resource!
Are you:
(a) complicit
(b) too numb
(c) eager and envisioning rational alternatives, but don't know where up is clearly, yet??
Start small,
bit by bit,
if its s--t
FIX IT (or replace.)
What look and feel would be optimal for a large interconnected, but hungry planet? A quick sketch any way you know how...
I really want to know what readers see as positive possibilities.
Semantically speaking, I think we need to displace doom-language content-ratio with more can-do, looks-like-this language content.
A sad song experiences sad mood - vs - upbeat, light & bright.
Business Planning Hats on please. Strivent Snippets flow forth!
Or will learned readers allow a room full of 8-year-olds to show you up?
Click to view link
Goady Goad Poke Prod Stir - Wake up and envision more than toilet!
(tip: if you find yourself typing or thinking "can't", try again.
The 'Enter Comment' box is beckoning you...
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Posted by Joelg on 12/12/11 05:48 PM
Good point, Leave me be. I thought there was enough historical distance to judge the Treaty of Versailles and League of Nations. But even today, as the Daily Bell has pointed out from time to time, the real objectives sometimes are stated (though they may be drowned out by all the noise).
Certainly the League of Nations was about control (which presupposes power), though it turned out to be powerless much of the time. So, I would call it a failed objective in many respects. In other words, the real objectives were not fully realized.
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Posted by Leave me be on 12/12/11 04:38 PM
Why would you think the stated objectives are the real objectives? There is almost always a bit of truth spouted by the organs of propaganda but the real objective is POWER and CONTROL - always and forever.
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Posted by Joelg on 12/12/11 04:34 PM
There must be an easier way. Seems like all this is just going back in time to the old Austro-Hungarian Empire. Perhaps with a few lands added in and subtracted. All these grand European plans like the League of Nations and Treaty of Versailles seem just to have created big messes and not achieved the stated objectives. The Anglosphere elite does not seem so bright. A bunch of halfwits with too much power, IMHO.
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Posted by SoCal fellow on 12/12/11 04:02 PM
Did the masses just have their first win in the battle against tyrannical government in Russia?
Click to view link
Short/medium-term, will this dampen the spirits of/put fear into TPTB in their quest to enslave the U.S. and Europe?
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Posted by Mountainview on 12/12/11 02:47 PM
If I am right, all partners have to go back home and have the new rules approved and no practical reason is available to convince Swedes or Czechs to vote in favor of a limitation of their freedom. The UK will not be alone at the end of this process!
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Posted by steveg on 12/12/11 11:43 AM
Interesting article. There is no doubt "the elites" have something planned. They always do. Here are my thoughts on what is happening.
The E.U. Debt Crisis,The Money Changers and Democracy
By Stephen J. Gray
Why all the fuss about the European Debt Crisis? It is all being taken care of by 'respected' bankers. In fact, the E.U. Observer of December 8, 2011, had the headline: 'EU to channel €150bn to IMF for its own rescue.' [1] Now isn't that banking sleight of hand a nice money trick? A good magical solution with tax-payers dollars! Perhaps there will be a transfer or service fee included in the trans-action. After all, surely, it is good business practice to have a fee for moving financial dealings back and forth. The sub-prime mortgage fiasco is a good example where debt was sold back and forth to various financial institutions and fees charged. So, hopefully in this IMF money deal a banker will get a piece of the action, and it is all secured by taxpayers who are paying for it... .
Read rest of article at link below.
Click to view link
