The Eurozone is Falling Apart Thread

[johnnypockets]

Surely no one pays the slightest attention to the guessing game known as economics and the players who call themselves economists.
Germany is the powerhouse of Europe now and as long as they support what has become their currency, the euro, it is secure. The Germans have made a commitment to the political unity of the EU and they are not quitters.

One question. How can Germany afford to do this?

[Winalot]

One question. How can Germany afford to do this?

That is the type of question so-called economists love.
In actuality, where there is a will, there is a way.

[A view from England]

EUSSR?
Don't be ridiculous.
If I were to hit back with US of E, that's not me refuting your point, it's just someone else bandying 'profound' buzzwords about.

It is the marxist's dream.
Marxist Update: The EU utopia and the imperialist reality

[A view from England]

One question. How can Germany afford to do this?

They can't. However, the politicans will create money if they have too in order to prevent a Euro collapse. This will of course be at the expense of the average Joe who will suffer the consequences.

[A view from England]

@SocialistHR

Don't worry about it, you see a lot of this on forums.

For some people 'Marxists'/'Socialism' are the eternal and ever present enemy. Whenever confronted with a situation they do not approve of they cry 'Marxist', after all if it's wrong it must be the Marxists.. right?

I mean robbing the taxpayer to keep those guardians of capital (banks) afloat must be socialism right? Couldn't possibly be any other form of -ism could it ?

True capitalism would have allowed the banks to collapse.
The all powerful Euro had to be protected!

[Insole]

Quantative easing will happen before there anything falls apart. Let's face it, a weaker €uro has to be better for EU exporting nations. At the stroke of a pen, they'll reduce the cost of a German made BMW in the US by 20%.
This crisis is suiting EU exporters fine.
The Eurozone won't fall apart.

[eoghanacht]

That is the type of question so-called economists love.
In actuality, where there is a will, there is a way.

and platitudes won't butter the spuds.

Where there's a will there's a way. The 'way' seems to be that little old Ireland is to be the anvil that the EURO will be tempered upon.

Destitute 4mil for the sake of 350mil citizens. They are fighting a rear gaurd action. They know it's time we woke up to that fact too. They'll allow us to burn. Stopping the contagion is their main aim except that particular horse has bolted.

But yeah Winalot the Germans will follow us down the swanny afterall we are their partners!!

[MPB]

Was it this poster (Cassandra Syndrome) who claimed a few months ago that the Euro had just "burst through the key support level of USD1.25", or something? Now, even without considering the significance or otherwise of such a figure (Why 1.25? Why not 1.27, or 1.05, or 1.53), his track record on this stuff is hardly exemplary.

Still, keep predicting the end of the world, and someday you'll be right.

I think it was Chapman that wrote the piece. Cassandra just posted it.

Is their anything you agree or disagree with in the exerpt or do you even understand it?

I have already told you. Your lot are next. Time to sh1t or get off the pot.

Nothing I have heard so far, makes me very optimistic for mine or my childrens future.

[Asparagus]

So, a very INACCURATE description, in other words.

Once turkey joins lets just agree to call it "eurasia" or "germany and associates"

[crash gardiner]

A very accurate description of where the EU is heading, namely a soviet style federation of former democratic nations which will be governed centrally by a unelected body of socialists/marxists.
Have a read. Funeral in Berlin – of freedom, buried by EUSSR commissars posing as democrats – Telegraph Blogs

The EUSSR is the Eurocrats dream, it is the nightmare of the Eurosceptic. Think of everything that is going on in Europe, look at how certain countries are demanding control over others finances. Look how some are calling for greater and greater political union.

'Soviet (Russian: сове́т, Russian pronunciation: [sɐˈvʲɛt]) was a name used for several Russian political organizations. Examples include the Czar's Council of Ministers, which was called the “Soviet of Ministers”; a workers' local council in late Imperial Russia; and the Supreme Soviet of the Soviet Union.'
(Wikipedia, 2010)
Any of these names look familiar? Council of ministers etc?

Now I challenge any Europhile to deny that their dream for the European model is not one of a federal body, governed by the centre.

At best your argument is overly simplistic.

You imply that there are diametrically oppossed forces at play in the shape of imperialistic europhiles, who are simultaneously marxist socialists(?), and then there are the eurosceptics, who I assume are embodied by the non-imperialistic British? Or is it the non-imperialistic, 'freedom granting' US? Or do we recognise these two love-bunnies as one in the same?

Here are just two pertinent points:

1. A marxist postion on financial capitalism IS diametrically opposed to European policy as dictated by the ECB.

see article below

http://gesd.free.fr/hudsongs.pdf



2.

......a soviet style federation of former democratic nations

One could argue this is, indeed, already in existence. And Britain is as much a part of that Union as any other European country. The eurozone represents only a subset of a global monetary union, controlled, as you correctly maintain, by unelected solcialists who happily apportion credit/debt to the undeserving.

Britain's membership is evidenced by her recent generous, unmandated extension of credit (debt) to our beleagured taxpayers, on behalf of her own citizens.

In summation, one could attest, if in fact a facist confederation exists, its borders are neither political or geographic. To maintain that they are is to fundamentally misallocate one's resources.