Italy has killed the EURO: you read it here first | |
Anonymous Coward (OP) User ID: 31834029 France 02/26/2013 05:00 PM Report Abusive Post Report Copyright Violation | The final conclusion of the italy vote is, that the people voted against austerity and against what they see as the dictatorship of the markets. Quoting: ^àTOn^ That are the repercussions: 1) The way out of the debt problem, was invented in Brussels, with the northern states and with the banks. It says, that the way out of the crisis is to reduce the level of state spending to the level of incoming tax money + 3% more debts. 2) This concept looked good on paper, reassured the markets, let the BMP fell, reforms were being voted in, and means of increasing the state budget were put into place. 3) The reforms, put into place by the states, taxed the normal people, state reforms, meaning reducing the state footprint against the GDP, were not in consideration and were thus not put into place. 4) Italien people voted against this politics. Probably others will follow in europe in the next years to come. Political systems are about to being crushed, parties will cease to exist, others will emerge, old systems will disappear, new ones will emerge. 5) That looks good, on the first sight. But my interest here is to analyze the impact on the euro zone. My conclusion: The italian vote was the death bell for the euro. You cannot make politics against the people. People do not accept the white paper of the banks and the EU bureaucrats. Eventually states will leave the euro zone and the EU Brussels burocrats, they will say: I vote for a government, I want my own state money, and I want to vote again in some years, judging on what has been done. But I do not want to bleed for a common currency and neither for ideas and measerement put into place by a far away brussel technocrat machinery, which nobody knows. The euro is history, it is a living dinosaur. Now lets enjoy the end game. Bump for Italy. |
Anonymous Coward User ID: 34379378 United Kingdom 02/26/2013 05:03 PM Report Abusive Post Report Copyright Violation | I might be happy had i not thought the gameplan is the collapse of the worlds economy with he intention of making the sheep so damned poor that they beg governments for jobs and all sign up to fight in bullshit wars that leave half the planet dead. |
Anonymous Coward User ID: 35218031 Italy 02/26/2013 05:10 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 10393879 United States 02/26/2013 05:16 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 31834029 France 02/26/2013 05:20 PM Report Abusive Post Report Copyright Violation | I might be happy had i not thought the gameplan is the collapse of the worlds economy with he intention of making the sheep so damned poor that they beg governments for jobs and all sign up to fight in bullshit wars that leave half the planet dead. Quoting: Anonymous Coward 34379378 The EURO was a condition for the germans at the time. Unification if they accept to replace the DMark against an Euro. The father of this idea was Mitterand, a socialist like our Hollande today. These people just have genious like ideas all the time. And by the way, the world economy will collapse one day. That is for sure. Why ? Did you make the math to know what your kids need to pay for state debts considering the interest rates and growth ? That all will never add up, and it is not sustainable. Our system needs a reset all the xx years. And the xx is coupled with the growth of the economy. The faster it grows the more early it collapses. Thats the truth, my friend. Thats a natural law. Too bad we are living in the collapsing phase .... but there are chances after the collapse, because time will not stand still. |
Anonymous Coward (OP) User ID: 31834029 France 02/26/2013 05:24 PM Report Abusive Post Report Copyright Violation | Yes Italians want to leave Euro, but do you believe that will thay let to do us??? Quoting: Anonymous Coward 35218031 I'm sure not.... after Presidential election (not by the people) they will make new Political Election... Probably not, Grillo would though, but the established have too much to loose. But your election showed to people all over europe that a difference can be done. Courage, my friend, don't believe you state media. People all over europe are with you italians at this very moment. |
Anonymous Coward User ID: 5763636 United States 02/26/2013 05:25 PM Report Abusive Post Report Copyright Violation | |
Gregor Samsa User ID: 15165499 Turkey 02/26/2013 05:32 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 31834029 France 02/26/2013 05:33 PM Report Abusive Post Report Copyright Violation | tell the creditors all to fuck off and start an new monetary system... interest free.. Quoting: Anonymous Coward 5763636 Thats not the point ... Our currencies are not adapted to our very economic situation. We do not have power anymore over our money. At the same time, reforms are being made on the back of the people, while state bureaucracy is growing. Here, working people have no money anymore at the middle / end of the month. In Italy neither. In Spain it is the beginning of the month, same in Portugal, in Greece, people have not even that. Creditors or not Creditors, we want our fucking countries back ! |
Anonymous Coward (OP) User ID: 31834029 France 02/26/2013 05:34 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 31834029 France 02/26/2013 05:36 PM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward (OP) User ID: 31834029 France 02/26/2013 05:45 PM Report Abusive Post Report Copyright Violation | The Euro is another Socialist/Marxist idea destined to ruin millions of lives. The last gasps of Socialism will look like the Titanic going under water. Quoting: Anonymous Coward 560401 The Euro is generally a good idea. Like the dollar, you have a vast territory, very different economic situations in every single state, but a dollar that works well. Whats the difference to Europe ? 1) we have no political integration 2) no common financial / budget policies 3) no means to handle a bancruptcy of a state like Greece The problem is what ? The southern states do not want to integrate, because lying closer to the northern country center, which is very heavy, means you loose power. The northern states do not want eurobonds (eurobonds would mean kicking the can further down the road btw). Game over. Exit. |
Anonymous Coward (OP) User ID: 31834029 France 02/26/2013 05:47 PM Report Abusive Post Report Copyright Violation | |
Gregor Samsa User ID: 15165499 Turkey 02/26/2013 05:49 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 31834029 France 02/26/2013 05:50 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 560401 United States 02/26/2013 05:51 PM Report Abusive Post Report Copyright Violation | Yes Italians want to leave Euro, but do you believe that will thay let to do us??? Quoting: Anonymous Coward 35218031 I'm sure not.... after Presidential election (not by the people) they will make new Political Election... They will never let you leave. Politicians will do anything to save themselves including watch you perish. The European union is collapsing in front of your eyes. You won't be leaving the Euro, it is going to leave you. Governments keep raising taxes and increasing spending. Eventually the system will implode and result in a new system. Europe and Japan will go first; money will flee; then the debt crisis will hit here in the US; probable in the next two years. You guys over in Europe are my signal. |
Anonymous Coward User ID: 560401 United States 02/26/2013 05:53 PM Report Abusive Post Report Copyright Violation | The Euro is another Socialist/Marxist idea destined to ruin millions of lives. The last gasps of Socialism will look like the Titanic going under water. Quoting: Anonymous Coward 560401 The Euro is generally a good idea. Like the dollar, you have a vast territory, very different economic situations in every single state, but a dollar that works well. Whats the difference to Europe ? 1) we have no political integration 2) no common financial / budget policies 3) no means to handle a bancruptcy of a state like Greece The problem is what ? The southern states do not want to integrate, because lying closer to the northern country center, which is very heavy, means you loose power. The northern states do not want eurobonds (eurobonds would mean kicking the can further down the road btw). Game over. Exit. The main problem is that Europe has a unified currency but they don't have a unified Debt market (Bonds). How fucking stupid is that. |
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Anonymous Coward (OP) User ID: 31834029 France 02/26/2013 05:58 PM Report Abusive Post Report Copyright Violation | Yes Italians want to leave Euro, but do you believe that will thay let to do us??? Quoting: Anonymous Coward 35218031 I'm sure not.... after Presidential election (not by the people) they will make new Political Election... They will never let you leave. Politicians will do anything to save themselves including watch you perish. The European union is collapsing in front of your eyes. You won't be leaving the Euro, it is going to leave you. Governments keep raising taxes and increasing spending. Eventually the system will implode and result in a new system. Europe and Japan will go first; money will flee; then the debt crisis will hit here in the US; probable in the next two years. You guys over in Europe are my signal. Hey there, nice read. The markets and economies are too intertwinned. In real economy and in bitsandbytes. There is very lots of money out there, doing a sell or a buy. I am not sure that we will fall very deep here. The economy base is correct. Italy had a surplus. France had, too, not much LOL but a surplus. But there is a constraint. And that is simply that nobody is anymore master of his own currency anymore. |
Anonymous Coward (OP) User ID: 31834029 France 02/26/2013 06:00 PM Report Abusive Post Report Copyright Violation | |
Marxist User ID: 35223819 New Zealand 02/26/2013 06:00 PM Report Abusive Post Report Copyright Violation | The Euro is another Socialist/Marxist idea destined to ruin millions of lives. The last gasps of Socialism will look like the Titanic going under water. Quoting: Anonymous Coward 560401 Why is it that stupids blame communists for everything, from trying to unseat capitalism to helping make capitalists even richer. Is it because they are stupid. The EU is a federalised market for bigger profits. Its socialised services are a hang over from the Cold War when capitalists had to bribe the workers to keep them from getting restive. Workers of the World, Unite. You have nothing to lose but your chains! |
Yddap User ID: 7925404 Netherlands 02/26/2013 06:00 PM Report Abusive Post Report Copyright Violation | |
bill shitters 1.2 User ID: 19820209 United Kingdom 02/26/2013 06:00 PM Report Abusive Post Report Copyright Violation | Europe's looking a tad interesting now what will be first to crumble Rome or italy The retired thread killer Still the killa of threads we come in peace shoot to kill [link to au.youtube.com] I can not talk TO aliens but do listen to the anally probed |
Anonymous Coward (OP) User ID: 31834029 France 02/26/2013 06:01 PM Report Abusive Post Report Copyright Violation | |