Sunday, Feb 14, 2010

Communism or collapse

Daily Mail: Collapse of the euro is 'inevitable': Bailing out the Greek economy futile, says FRENCH banking chief

Claims that the euro could be headed for total collapse are particularly striking when they come from one of the oldest & largest banks in France - a core founder-member. And, are we ready for global socialism? This statement really clarifies the mentality of the cretins in Brussels: 'Even if Greece receives a one-off bailout it would not solve the real problem, which is the huge differences in competitiveness between the eurozone's richest and poorest members. 'If these differences are to be evened out, the EU would need a single budget and common taxes so it can redistribute resources". So, from this statement we see that communistic redistribution of wealth is actually the agenda. You like poverty? Because the easiest way to balance out economies is to destroy the most productive states

Posted by freemanphil @ 03:03 PM (778 views) Add Comment

6 Comments

1. rumble said...

Lovely thing in nature - an overly virulent virus kills its host and thus itself, preventing contagion.

Sunday, February 14, 2010 03:18PM Report Comment
 

2. ant said...

"Default: Greece first then the US?" - http://gregpytel.blogspot.com/2010/02/default-greece-first-then-us.html - worth reading.

Sunday, February 14, 2010 03:22PM Report Comment
 

3. techieman said...

no that cant be right as le crunch told me it was dollar collapse not euro " like talking to a schoolkid" i think was the phrase he used .

Sunday, February 14, 2010 04:12PM Report Comment
 

4. Nobody777 said...

The Lisbon Treaty Is a de facto United States of Europe which now has appointed a Federal Government.
This article for the first time shows up the post WWII globalist agenda first hand transferring the wealth of the many to the few on a global scale.
I was watching the TV today and countries like Greece are now called MEMBER STATES by the MEP talking today.
This article is 100% correct the Euro Will collapse without direct federal European government Direct tax and spending of member states.
The Euro Will NOT collapse no way but a crises is just doctors orders to FORCE BANKRUPT MEMBERS INLINE to the USE federal government direct tax and spending agenda and redistribution of wealth.
After the crises and yes their will be one if the member states need softening up, See if my forecast is correct direct tax and spending to the federal USE government and the word countries no longer exist just member states and the euro still going well.

Sunday, February 14, 2010 04:32PM Report Comment
 

5. greenshootsandleaves said...

What with the daily mail being so persistent with this story, I decided to find out a little more about this FRENCH banking chief (Please excuse the Caps - I can't do Caps and bold!). There's a description of his views (as well as a nice picture of him) on:

http://wallstcheatsheet.com/knowledge/interview-knowledge/albert-edwards-of-societe-generale-remains-firmly-in-bear-camp-calls-for-new-lows-in-2010/?p=3665/

PS I can't paste links either, it seems.

Sunday, February 14, 2010 04:47PM Report Comment
 

6. techieman said...

no that cant be right as le crunch told me it was dollar collapse not euro " like talking to a schoolkid" i think was the phrase he used .

Sunday, February 14, 2010 06:08PM Report Comment
 

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