What we are witnessing today is simply the entire foisted-upon-us “interdependency” idiocy coming home to roost. To repair and reform, we need to break out of the fascist trade and banking straight-jackets and rebuild local, national and regional freedoms – all according to real democratic processes and prerogatives.
Friday 07 May 2010 TruthOut
Were there no European union there would be no Greek crisis beyond Greece, Greece would have retained its currency and paid its price for budget problems in the value of its currency.
But the stitching together of so many diverse countries and cultures into one unit, with one currency, has presented far more problems than it has solved and, worse, has removed national and cultural liberty, sovereignty, as well as necessary freedom for tariff-based re-balancing mechanisms.
As a result, we now have synchronized global pain and ruin serving to give the banksters more opportunities to gain evermore resources and power over our lives with their out-of-thin-air private money machines.
Worst of all is exactly this private central bank contagion, in which nations have given up their rights to create their own money and credit, and without interest if they see fit. The world-wide sovereign debt problem is essentially a private central bank, debt-money, problem. It’s the interest, stupid. Its the inevitable Kondratieff wave of debt-money.