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The world govenments are corrupt as we sit and bitch about conditions - shame on us!

 
Anonymous Coward
User ID: 33034699
United States
02/07/2013 11:29 AM
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The world govenments are corrupt as we sit and bitch about conditions - shame on us!
The European House of Cards is About to Collapse

February 6, 2013


The following is an excerpt from our most recent issue of Private Wealth Advisory. In it we outline how the EU’s economy is beginning to collapse again, at the precise moment that Spain, Italy and Greece are becoming embroiled in major corruption scandals.


To find out more about Private Wealth Advisory and how it can help you stay ahead of the major developments in the market… Click Here Now

The house of cards that is Europe is close to collapsing as those widely held responsible for solving the Crisis (Prime Ministers, Treasurers and ECB head Mario Draghi) have all been recently implicated in corruption scandals.

Those EU leaders who have yet to be implicated in scandals are not faring much better than their more corrupt counterparts. In France, socialist Prime Minister Francois Hollande, has proven yet again that socialism doesn’t work by chasing after the wealthy and trying to grow France’s public sector… when the public sector already accounts for 56% of French employment.

France was already suffering from a lack of competitiveness. Now that wealthy businesspeople are fleeing the country (meaning investment will dry up), the economy has begun to positively implode.

The first sign of this came actually came from Germany. As we noted a few months ago, Germany had prepared a working group to examine the impact of an economic collapse in France.

German Finance Minister Wolfgang Schaeuble has asked a panel of advisers to look into reform proposals for France, concerned that weakness in the euro zone’s second largest economy could come back to haunt Germany and the broader currency bloc.

Two officials, speaking on condition of anonymity, told Reuters this week that Schaeuble asked the council of economic advisers to the German government, known as the “wise men”, to consider drafting a report on what France should do…

“The biggest problem at the moment in the euro zone is no longer Greece, Spain or Italy, instead it is France, because it has not undertaken anything in order to truly re-establish its competitiveness, and is even heading in the opposite direction,” Feld said on Wednesday.


“France needs labour market reforms, it is the country among euro zone countries that works the least each year, so how do you expect any results from that? Things won’t work unless more efforts are made.”

The rest here:
[link to gainspainscapital.com]
Anonymous Coward
User ID: 904314
Canada
02/07/2013 11:31 AM
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Re: The world govenments are corrupt as we sit and bitch about conditions - shame on us!
Yea unfortunately in the old days one could just up and go build a new civilization somewhere else, but these days there isn't really anywhere else left, and you need all kinds of paper work and shit just to go anywhere legally.
Anonymous Coward (OP)
User ID: 33034699
United States
02/07/2013 11:31 AM
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Re: The world govenments are corrupt as we sit and bitch about conditions - shame on us!
The European House of Cards is About to Collapse

February 6, 2013


The following is an excerpt from our most recent issue of Private Wealth Advisory. In it we outline how the EU’s economy is beginning to collapse again, at the precise moment that Spain, Italy and Greece are becoming embroiled in major corruption scandals.


To find out more about Private Wealth Advisory and how it can help you stay ahead of the major developments in the market… Click Here Now


The house of cards that is Europe is close to collapsing as those widely held responsible for solving the Crisis (Prime Ministers, Treasurers and ECB head Mario Draghi) have all been recently implicated in corruption scandals.

Those EU leaders who have yet to be implicated in scandals are not faring much better than their more corrupt counterparts. In France, socialist Prime Minister Francois Hollande, has proven yet again that socialism doesn’t work by chasing after the wealthy and trying to grow France’s public sector… when the public sector already accounts for 56% of French employment.

France was already suffering from a lack of competitiveness. Now that wealthy businesspeople are fleeing the country (meaning investment will dry up), the economy has begun to positively implode.

The first sign of this came actually came from Germany. As we noted a few months ago, Germany had prepared a working group to examine the impact of an economic collapse in France.

German Finance Minister Wolfgang Schaeuble has asked a panel of advisers to look into reform proposals for France, concerned that weakness in the euro zone’s second largest economy could come back to haunt Germany and the broader currency bloc.

Two officials, speaking on condition of anonymity, told Reuters this week that Schaeuble asked the council of economic advisers to the German government, known as the “wise men”, to consider drafting a report on what France should do…

“The biggest problem at the moment in the euro zone is no longer Greece, Spain or Italy, instead it is France, because it has not undertaken anything in order to truly re-establish its competitiveness, and is even heading in the opposite direction,” Feld said on Wednesday.


“France needs labour market reforms, it is the country among euro zone countries that works the least each year, so how do you expect any results from that? Things won’t work unless more efforts are made.”

The rest here:
[link to gainspainscapital.com]
 Quoting: Anonymous Coward 33034699


Sorry it cut and paste the advertisment too !
Anonymous Coward (OP)
User ID: 33034699
United States
02/07/2013 11:46 AM
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Re: The world govenments are corrupt as we sit and bitch about conditions - shame on us!
Yea unfortunately in the old days one could just up and go build a new civilization somewhere else, but these days there isn't really anywhere else left, and you need all kinds of paper work and shit just to go anywhere legally.
 Quoting: Anonymous Coward 904314


Red tape created to make it look like busy work for them to get paid.
Anonymous Coward
User ID: 904314
Canada
02/07/2013 11:48 AM
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Re: The world govenments are corrupt as we sit and bitch about conditions - shame on us!
Red tape created to make it look like busy work for them to get paid.
 Quoting: Anonymous Coward 33034699


More like, everyone is anal about their own power and want to micromanage anything in their own domains

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