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: 304

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

Doc Vega posted a blog post

World Government Reveals itself Over Zelensky Oval Office Meltdown

 Was it simply President Trump’s scorched earth retaliatory reply to the disrespect of Ukraine’s…See More
1 hour ago
cheeki kea favorited tjdavis's blog post GenAI fueling employee impersonation with biometric spoofs and counterfeit ID fraud
8 hours ago
Doc Vega's blog post was featured

Blue Eyed and Blonde

I fell in love with her the very first timeShe was never subtle and hardly sublimeEven her mother…See More
yesterday
cheeki kea commented on cheeki kea's video
Sunday
cheeki kea posted a video

FULL Body Language Analysis of Trump and Zelenskyy's MELTDOWN

Download my FREE 100+ Body Language and Persuasion tips, here:https://knesix.com/tipsChapters:0:00 Intro1:40 Critical context of the ceasefire agreement6:04 ...
Sunday
tjdavis posted videos
Saturday
tjdavis posted a blog post
Saturday
rlionhearted_3 posted photos
Saturday
Doc Vega posted a blog post

The Illusion of a Fair Big Government

 What is government and what is it supposed to be? Government is a political institution that…See More
Friday
Doc Vega posted a blog post

Who is Really Behind the UAP Threat?

According to Steven Greer under the aegis of his “Disclosure Project” the first anti-gravity…See More
Wednesday
tjdavis's 4 blog posts were featured
Feb 26
Doc Vega's 5 blog posts were featured
Feb 26
Less Prone favorited tjdavis's video
Feb 26
Burbia commented on tjdavis's video
Feb 26
tjdavis favorited Doc Vega's blog post Social Engineering Nightmare
Feb 25
tjdavis posted videos
Feb 25
cheeki kea commented on cheeki kea's photo
Thumbnail

oh deary me

"Looks like the tables are turning and a change of sides might come into play. New memes out and…"
Feb 25
cheeki kea posted a photo
Feb 25
Doc Vega posted a blog post

Social Engineering Nightmare

 My brain is moving kind of slowAfter my 15th MRNA injection don’t you know?Can’t really say if…See More
Feb 24
tjdavis posted videos
Feb 23

© 2025   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