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: 326

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

Tori Kovach commented on Doc Vega's photo
Thumbnail

746528467_1383587106979426_270659517669097126_n

"We wouldn't want for anything if our fucking corporations hadn't sold our jobs to China…"
12 hours ago
Tori Kovach commented on Doc Vega's photo
Thumbnail

HPiZF7gXIAAC-yn

"Well, instead we got it backwards and voted for a traitor and got...a traitor."
13 hours ago
Tori Kovach commented on cheeki kea's photo
Thumbnail

Not sightseeing.

"I heard the aborigines wanted to keep him as one of their own."
13 hours ago
Tori Kovach commented on tjdavis's photo
Thumbnail

Sainthood

"That's why Trump loves you"
13 hours ago
Tori Kovach commented on Doc Vega's photo
Thumbnail

HQDAWOjbAAARkld

"Where he belongs, under his big, beautiful ballroom!"
13 hours ago
Doc Vega favorited tjdavis's blog post Smart Network About You Without You
15 hours ago
Doc Vega posted a blog post

If this Stolen Election is Allowed to Continue

 If you are inclined to believe these unimaginable Mid-Term election results, you are either a sad…See More
15 hours ago
Less Prone posted a video

Ronald Bernard - 6 - The first steps towards true peace

🇬🇧 spoken / 🇳🇱 ondertiteling / 🇪🇸 subtítulos / 🇩🇪 untertitel / 🇫🇮 tekstitys / 🇫🇷 Sous-titres / 🇵🇹 legendas / 🇮🇹 Sottotitoli / 🇬🇧 subtitles...
yesterday
cheeki kea commented on cheeki kea's photo
Sunday
cheeki kea posted photos
Sunday
cheeki kea commented on cheeki kea's photo
Thumbnail

Something for you

"President Trump arranged for this prioritised contingent to arrive in USA weeks ago but we all know…"
Sunday
tjdavis posted a video

We Live in Public | Official Trailer | Documentary

Winner of the Grand Jury Prize for best documentary at Sundance Film Festival and Certified Fresh on Rotten Tomatoes, We Live in Public is the fascinating do...
Sunday
tjdavis posted a blog post
Sunday
Sandy posted videos
Saturday
Sandy posted photos
Saturday
Sandy posted a photo
Friday
Doc Vega posted a blog post
Thursday
cheeki kea commented on cheeki kea's blog post What is Play doh Theory ?
Nov 4
cheeki kea posted a blog post
Nov 4
Doc Vega posted blog posts
Nov 4

© 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