Austerity in Europe "dismal failure": Joseph Stiglitz

The logic behind the above title is that the international financial system with its privately controlled central banks seek to improve Europe's finances. That is patently false. Their primary goal as parasites to their host countries is to suck as much wealth as they can by their money as debt scam and by transferring national assets into their pockets with often nominal compensation to the host. When there is no more to be stolen the secondary function of population reduction sets in going hand in hand with war profiteering and plundering of natural resources. Link to the article.

"Austerity policies in the euro zone designed to deal with the region’s financial crisis have been a “dismal failure”, Columbia University Professor Joseph Stiglitz said at the 5th Lindau Nobel Laureate Meeting on Economic Sciences, while Chancellor Angela Merkel called for repair of the euro “construction flaws” at the same venue."

Note that the ECB has done it's work of running down Europe in parallel with its sister the FED in the U.S. just splendidly for the international bankers. The "dismal failure" in fact is a phenomenal success. We are unwillingly and unknowingly at war, being attacked daily by the descendants of privateer pirates, usury bankers, and drug dealers, who proudly continue the tradition their ancestors started.

This has got to stop.

Views: 310

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

Comment by Less Prone on September 2, 2014 at 6:45am

Piracy and usury were in the old times punishable by death. Should drug dealers who destroy the lives of their victims be treated any different? Death by drug addiction is full of decadence and horrors.

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

tjdavis posted photos
18 hours ago
tjdavis posted a blog post
yesterday
Doc Vega posted a blog post

The Latest Craze

Their demonic little waysThe news is just a biased arrayThe higher taxes they want you to…See More
Tuesday
cheeki kea commented on cheeki kea's photo
Thumbnail

A Banished Poet

"An interesting snippet from world poetry day this year to learn of the first poet excited from the…"
Tuesday
cheeki kea posted a photo
Tuesday
cheeki kea commented on Sandy's photo
Thumbnail

FB_IMG_1772349325558

"Good Point!  Our Indo European friends in Iran gave the devil a good write down ( and Jesus a…"
Tuesday
Doc Vega posted blog posts
Monday
Burbia's blog post was featured

How much money makes anyone have a god complex?

Trump makes a meme of himself as Jesus Christ. Soros says he fancied himself a sort of god.In 2004,…See More
Sunday
Less Prone favorited Burbia's blog post How much money makes anyone have a god complex?
Sunday
cheeki kea's blog post was featured
Sunday
Less Prone favorited Gordon Freeman's blog post Stupidity...
Sunday
Doc Vega's 6 blog posts were featured
Sunday
Less Prone favorited tjdavis's video
Sunday
Doc Vega commented on Doc Vega's blog post So you Don't Think Communist China is Buying Off the Democrat Party?
"Tragically funny how easily patriotism dissolves when money is involved! "
May 8
Doc Vega favorited tjdavis's blog post The Islamization of Texas and the Rest of the States
May 8
Doc Vega commented on tjdavis's blog post The Islamization of Texas and the Rest of the States
"Yes and they are at this time allowing Epic City, a muslim wet dream to be constructed near Dallas…"
May 8
Doc Vega posted a blog post
May 8
Burbia commented on tjdavis's blog post The Islamization of Texas and the Rest of the States
"Muslim celebration at Grand Prairie water park canceled after Gov. Abbott threatens to pull city…"
May 8
Burbia commented on tjdavis's blog post Reminder: The Bush Family purchased over 100,000 acres of land in Paraguay
"I guess with coming solar flares that sent societies underground before arrives in the near future…"
May 8
Burbia posted a blog post

'Showbiz' Don to Release Xenu Upon the Public

 New York Post says the other files will be released Friday. If there ever was a Disclosure from…See More
May 8

© 2026   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted