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: 308

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

honeygirl posted a video

China THREATENS US Naval Blockade Near Strait Of Hormuz; Bahrain UNDER Iranian Attack | EnforcerNews

This morning, China has begun to threaten U.S. forces about blockading their ships near the Strait of Hormuz as the U.S. Navy’s full scale blockade has forma...
2 hours ago
Doc Vega posted a blog post

You’ve Heard of Champ, right? This Aint it!

 CHAMP, you might be thinking of is a legendary cryptid supposedly existing in the waters of Lake…See More
3 hours ago
Less Prone favorited Sandy's photo
12 hours ago
Less Prone favorited Sandy's photo
12 hours ago
Doc Vega posted a blog post

Truth or Fiction? You Figure it Out

 Working for the federal government, specifically, the Pentagon. I was, what you might call a…See More
Saturday
tjdavis posted a video

GOLDSPHINCTER - Donald J Trump is Acrid Goldsphincter (James Bond Music Parody)

In this James Bond parody, Donald J Trump is Acrid Goldsphincter in our version of the classic Bond "Goldfinger" theme song. All voices and singing performed...
Saturday
Doc Vega posted a blog post

How Long does Destabilization Take?

How long does it take to topple a society targeted by the left? What ingredients go into this toxic…See More
Thursday
tjdavis posted a photo
Thursday
tjdavis posted a video
Wednesday
Doc Vega posted blog posts
Apr 7
Burbia commented on Cryptocurrency's group Video Archive
Apr 7
Doc Vega commented on Doc Vega's blog post How Many Clues Did You Need To Figure out the Covid scare was Bogus? Revisiting Stupidity
"cheeki kea you are spot on. It won't be until the elephant on Wall Street is as high as the…"
Apr 6
Sandy posted photos
Apr 6
harrisseo is now a member of 12160 Social Network
Apr 5
Doc Vega's 4 blog posts were featured
Apr 5
tjdavis posted a blog post
Apr 4
tjdavis posted videos
Apr 4
cheeki kea left a comment for Gordon Freeman
"Greetings and welcome to you Gordon it's great to have you join us all here."
Apr 3
cheeki kea commented on cheeki kea's photo
Apr 3
cheeki kea posted a photo
Apr 3

© 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