Fiscal compact approved last week: end of democracy, end of state sovereignty and a future of increased poverty. The austerity (that is the translation of the impossibility of deficit spending) will be a government law.
An essential addition about deficit spending:
If the state does not use deficit spending means that it's not providing new money to the country (100 are spent and 100 are returned through taxation). Only the state and the export creates new money that increase the quantity of money in existence. Without state and export, the amount of money does not change and it is only transferred between the population.
Reaction of the people: zero, absolutely nothing! They are still shopping, closed in their house in front of TV and computer! Congratulations!
We are fearful, ignorant, spoiled and we deserve to be crushed by the power!
There is a profound justice in the fact that the true power piss on our head and condemn us to despair. We deserve it.
We will blame ourself for our stupidity, but it will be too late!



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