Below is another video showing recent events in Venezuela. FouseSquawk, who translated the clip for subtitles, sends this background information:
The video was taken in the town of San Felipe, state of Yaracuy. The governor, Julio Leon, is mentioned in the video by name. Colectivos are gangs of armed vigilantes who support the government.
Many thanks to Vlad Tepes for the subtitling:
Video transcript:
The following report from EinProzent.de looks at the recent Yellow Vest protests in France, and what they may portend for Germany.
Many thanks to MissPiggy for the translation, and to Vlad Tepes for the subtitling:
Video transcript:
Immigration-related events are moving rapidly this in Europe summer. The situation is in such flux that now would be a good time to step back and try to get an overview of the process.
Three years ago the dead baby hysteria, followed by Chancellor Merkel’s invitation to the world (“Y’all come in and set a spell, bitte!”), launched the Great European Migration Crisis. Since then I’ve read hundreds of news articles and analyses about the flow of “refugees” and the reactions to their violent and fragrant arrival in Western Europe.
After digesting all that information I created the following map, which presents my subjective evaluation of the different approaches to migration by various European countries. I’ve rated the policies of 28 different countries (the EU 27 minus Croatia, plus Switzerland) on a scale from 0 to 100, from zero (red) for the open-borders attitude of the “Welcoming Culture” to 100 (blue) for the absolute refusal of mass migration by the Visegrád Four (Hungary, Poland, Slovakia, and the Czech Republic). Data from the last six months weighs more heavily in the score assigned to each country — for example, Spain and Italy recently changed governments, which has strongly affected each country’s migration policy.
The grouping of countries based on their stance on migration bears a striking resemblance to the division of Europe into East and West by the Iron Curtain. This is especially true if we roll the clock back three months — back then Italy and Bavaria would have been quite red. And the analogy becomes even more apt if we remember that Austria was occupied by Soviet troops until 1955, which gives it one foot in the Eastern camp.
The biggest change in the past three months has been the formation of a new anti-immigration government in Italy. The “xenophobia” of the East Bloc has now broken through the razor-wire curtain and gained a foothold in Western Europe. No wonder EU politics is in such turmoil! After failing to contain the “anti-European” attitudes of Poland and Hungary, Brussels now has to contend with Matteo Salvini. Italy is one of the “big four” pillars of the European Union, so its defection to the anti-migration side carries enormous significance for continental politics.
The situation is metamorphosing rapidly, but before we analyze the process of change — the “delta”, as they say in the military-industrial complex — let’s go over the snapshot of current European migration policies.
The Visegrád Four
Hungarian Prime Minister Viktor Orbán was the first major European political leader to (1) understand the larger significance of the refugee crisis of 2015, and (2) act rapidly to counteract the nexus of globalist actions that threatened the stability of the Hungarian state. In doing so he made himself an obstacle to the no-borders coalition, especially the “American philanthropist” George Soros. The reaction to Mr. Orbán’s building of the fence helped clarify the East-West divide, and strengthened the solidarity of the Visegrád Four. Each country now supports the others’ positions, and each vows to veto any action by the EU (the European Commission requires consensus to implement a sanctions regime) that would harm the other members. Taken individually, each V4 country is no match for Germany or France, but when they act in concert the four countries become a formidable thorn in the flesh of the Brussels oligarchy.
The movement of Italy and Austria (and even Bavaria) towards the Visegrád Four position allows Hungary to — as Barack Obama has so frequently said — punch above its weight.
Austria
The most recent Austrian election resulted in a coalition government headed by Sebastian “Boy” Kurz (ÖVP) as chancellor and Heinz-Christian Strache (FPÖ) as vice chancellor. Mr. Kurz may well be a cynical opportunist who has simply trimmed his sails to the wind, all the while remaining loyal to his mentors in the Davos crowd. However, to maintain his position he has to give at least the appearance of acting decisively to deal with the migration issue — hence the recent law targeting “radicalization” in Austrian mosques (see Christian Zeitz’ analysis). Part of that appearance will of necessity include the reduction of violence and disorder brought to Austria by Muslim immigrants. Any failure to achieve discernible results will endanger his chancellorship. For that reason one may expect him to stay the course, at least for the time being.
Mr. Kurz’ alignment with Italy, Hungary, and Bavaria bodes ill for Chancellor Angela Merkel and the mandarins in Brussels. A counterweight to their power is forming on their southeastern flank, and the resulting political crisis looks to be the most turbulent since the fall of the Iron Curtain and the reunification of Germany.
Italy
The new coalition government in Italy is shaking the very foundations of Barad-dûr in Brussels. The Five-Star Movement is more or less a traditional populist party, but the Lega Nord is full-on anti-immigration. Interior Minister Matteo Salvini has hit his stride early, turning back the refugee ferries and threatening to impound any NGO “rescue” vessels that make port in Italy. Unlike Chancellor Kurz, Mr. Salvini has never changed his tune — almost ten years ago, when I first started paying attention to him, he was the same anti-migrant firebrand that he is today. He shows no sign of being cowed by threats from Brussels; it’s no wonder that emergency summits are being hastily convened in reaction to him.
Since the new government was formed, the Lega has shot ahead of the Five-Star Movement to become the most popular party in Italy. If another election were to be held, Matteo Salvini would most likely end up as prime minister.
Eastern Europe
When I use the term “Eastern Europe”, I refer to the Baltic republics, Romania, and Bulgaria. (The Visegrád Four plus Austria comprise Central Europe. Strictly speaking, Moldova, Ukraine, and Belarus could also be considered Eastern Europe, but their political affairs are more closely associated with Russia, whether for or against, so I’m leaving them out of this analysis.)
Eastern Europe has the good fortune not to be attractive as a final destination for migrants — their welfare benefits are much less generous than those further west, and they are less reticent about dealing harshly with the criminal proclivities of foreigners. Estonia, Latvia, and Lithuania have the added advantage of being largely off the route for most of the migration flowing into Western Europe.
Bulgaria and Romania have their share of migrant camps, full of angry, resentful Third-World “refugees” who are impatient to get out of those Black Sea backwaters and into the promised land of Germany or Sweden. The crime and disease the migrants bring with them spills out of the camps and into the adjacent towns. News outlets in those countries are blessedly un-PC, so the word gets out, and members of the general public who may once have been indifferent are now becoming anti-immigrant.
The following panel discussion is from Tuesday’s Hungarian TV program “Szemtől szembe” [Face to Face]. The moderator is Balázs Somorjai, and the guests are the intelligence analyst László Földi and Zoltán Lomnici, Jr., a constitutional lawyer.
The discussion among the three men concerns the Great European Migration Crisis — its origins, causes, and intended effects. Cui bono? Who stands to make a profit from all these illiterate unemployable Muslim migrants, and how?
A civil, lucid, and reasonable discussion such as this one is all but unheard of west of the Iron Curtain. Many thanks to CrossWare for the translation, and to Vlad Tepes for the subtitling:
Video transcript:
Below is the latest essay from the inimitable Hans Heckel, this time on the financial shenanigans of the EU elites.
JLH, who translated the piece, includes this note:
This is an analysis of, among other things “European” versus “German,” a rather different view of Macron than we are getting here, and a continental view of educational “mainstreaming” (and fun with politically correct euphemisms).
The translated essay from Preußische Allgemeine Zeitung:
State of Fools
How the sand got into the gears, why we can’t waste time, and why the schools are expected to produce idiots.
The Satirical Week in Review
by Hans Heckel
April 21, 2018Everything used to be simpler. 10, 20 or 30 years ago, when the EU wanted more money from German taxes, it only had express the wish to Bonn — later Berlin. The reply was friendly, and possibly with a solicitous query, “Could you use a little more?” The Bundestag politely stifled any objections. Basta.
Sand first drifted into these well-oiled gears with the save-the-euro shields. Resistance stirred within the Union [CDU/CSU], but even more within the FDP. Nonetheless, the party heads put their agenda through. For the Liberals [FDP], with a deadly result: So many FDP voters defected to the brand new AfD in the 2013 Bundestag elections that the FDP dropped out of parliament. When French President Emmanuel Macron announced his next big fishing expedition in German financial waters a year ago, the FDP remained reserved. Shortly thereafter it returned to the Bundestag with fanfare, while the Union fared badly and, to top it all off, the AfD took over as lead opposition.
That is the situation everyone has to adjust to. Everything mixed up.
Macron wants a European finance minister with an independent budget and a European currency fund. Further on the wish list of the southern European countries led by Paris are a bank union, a debt union and especially a common deposit protection fund through which Germans with savings accounts would help failed Italian banks.
Should the Grand Coalition simply agree to this, as it has done before, AfD and FDP would be the big winners. This calls for skillful handling. CDU/CSU say they want to put on the brakes. The Greens leader Annalena Baerbock sees this as sacrificing European solidarity, and so does the Euro-politician Elmar Brok and his party friend and EU commissioner, Günther Oettinger (“unacceptable”). Even the SPD has a part in the drama: Andrea Nahles is with Macron, while the new minister of finance, Olaf Scholz, on the contrary cites the doubt about what the skeptical voters would perceive and reward as a defense of German interests. To all the theatrics Angela Merkel says nothing, as usual.
From a distance, this looks like a real disagreement. And it is intended to, so that no one who voted for the Grand Coalition parties senses betrayal of his interests as a German taxpayer and savings account holder, and drifts into opposition.
Closer inspection reveals a significant detail. The critics within the Grand Coalition are only asking that satisfying Macron’s appetite, i.e., putting the Paris proposals into effect, should be slowed down. There is no question of a simple “No.”
In other words, the “critics” want to chop this indigestible entree into little bites and offer it to the German mouth piece by piece. That way, it won’t stick in the throat and the Germans will swallow it down. The end result is the same.
It works! So why are Brok, Baerbock and Co, so excited? It is the time problem. There may not be much time left for the bite-size method. Italy’s banks are teetering. Like the “Monte dei Paschi.” Which is said to have loaned an estimated 50 billion euros to people whose names no one knows. The word is, the money is as good as gone. At some point, the time will come when schlepping bankruptcy along will no longer work. Other Italo-banks are said to be deep in the debt morass — as good as done for. When there is a crash, which can happen at any time, someone has to pay the piper. And what does Macron need? He wants to make big reforms, but doesn’t have the money to soften it so his people don’t climb all over him. So he badly needs money, too.
There is no time to waste. Oettinger and Brok know that. They are sitting in Brussels and nervously watching the sweat-covered foreheads of their Italian colleagues.
And these two are Germans, which makes a significant difference. If an Italian politician goes to the EU, he acts as an Italian who wants to get as much from the EU as he can for Italy. If a German politician goes to Brussels, he acts as a “European,” who can get from Germany as much as he wants to for the EU.
As things are now, whenever the failing Italian banks go under, they should be “saved” by Rome or their Italian shareholders. What a scandal that would be! What an uproar! It would be good only for the populists. It would be far more “European” and far more “common-good” to take the money from a security fund made up of rock-solid German savings accounts. Right?
This is dedicated to Mark H., who has plenty to say about Maggie…
Even here where we live, in the middle of Beyond, there are a few Geordie lads. Or maybe they’ve gone home by now…a few Dutch and Swiss, too.
Migration back in the 80s with lyrics below the fold
Below is the second part of a TV panel discussion from Hungarian TV (part 1 is here). The participants are the journalist Zsolt Bayer and the national security expert László Földi, who is a former intelligence service agent and a former operations director.
Many thanks to CrossWare for the translation, and to Vlad Tepes for the subtitling:
Video transcript:
Emmet Scott’s latest is a provisional historical overview of Western Europe’s current Decline and Fall.
Are We Approaching the End Game?
by Emmet Scott
It is becoming more apparent by the day that the end game, in Europe at least, is now imminent. Things cannot go on like this much longer. Something has to give, and soon. To all appearances, what we have come to know as “European Civilization” is doomed. The proximate cause of this, however, is not the mass colonization of Western Europe which has stepped up several gears in the past two years. Not is it primarily the chaos, lawlessness and terrorism which these colonists have brought with them. These things are effects, not causes. The primary cause is the wholesale rejection by the ruling elites of the values upon which Western Civilization was founded and built. Since at least the 1960s these same elites, which include the political, intellectual and judicial classes, have worked untiringly to excise these values — those of Christianity and Hellenic rationalism – from the public sphere.
Whole volumes could be written (and have been) on the reason for this historic development; and I have no intention of adding to the literature here. What is important is that it has happened. Western (i.e. Christian) Civilization has been replaced by what might be termed Social Marxism — a creed (for that is what it is) which rejects in its entirety virtually every institution and cultural norm upon which Western Civilization was based. This includes everything from the traditional family and the very idea of gender norms to the whole concept of patriotism and public duty.
In accordance with this new creed, the Western elites have been quietly working to abolish Western Civilization since the middle of the 1960s. This program has included, among other things, the actual replacement of Europe’s native populations with immigrants from various parts of the world — especially from Africa and Asia. Europeans were encouraged in every way possible not to have children, then immigration was foisted upon them as necessary because of Europe’s low birth-rate.
The stresses caused by this mass immigration never affected the elites who engineered it, so they ignored the spiralling crime-rates which the working classes — the lucky recipients of this ‘cultural enrichment’ — had to endure. The rise of widespread Islamic terrorism in the past couple of decades has pushed those stresses more into the public eye, but has had little or no impact upon the belief-systems of the politically correct elite. The replacement of Europe’s native population will continue unabated. And this is something that needs to be emphasized. In the ‘Clash of Civilizations’ debate the ruling elites are NOT neutral; they are firmly on the side on the Islamists. Indeed, every tool that can be employed to crush all opposition to the Islamization of Europe is being employed: Everything from the crude power of state compulsion to the more subtle and insidious power of blanket media propaganda. As long as the present elites remain in control, the Islamization of Europe will proceed — irrespective of how many atrocities the Islamists commit.
The situation thus looks extremely bleak. Those who hold all the power are Europe’s most insistent and dangerous enemies — and this includes all of the mainstream political parties, whether of the “right” or the “left”. (Angela Merkel, it should not be forgotten, is the leader of Germany’s supposed “center right” party). The elites have the great majority of the state-employed professionals — whether in education, medicine, social welfare or the civil service. They have the mainstream media in its entirety. (And it must not be forgotten that there is no equivalent of Fox News in any Western European country. All that exists are wall-to-wall copies of CNN, NBC, etc.) This leaves the opposition — such as it is — in a very bleak place. The ‘opposition’ is composed in general of the most powerless and despised members of modern Western society. There are the small groups of traditional Christians — those that have not followed the politically correct lead of the mainstream churches (including now the Catholic Church); there are a few professionals (usually working in the private sector), and there are the remnants of what used to be the urban working classes (now sadly debased through habitual welfarism and unemployment). How are such marginalized groups to save the West?
Note: This article was originally posted on May 4, and was a sticky feature for several days. Scroll down for more recent items.
Mária Schmidt is a Hungarian historian and university lecturer. In the following essay she outlines the trajectory of George Soros’ career and describes his ongoing nefarious schemes with great lucidity. Her account is literally horripilating: it made my skin crawl to read what this vile man has unleashed upon the world. This “globalized” world.
Many thanks to CrossWare for undertaking the extended task of translating this important article that was originally published at the Hungarian website Latoszogblog.hu:
The Gravedigger of the Left
by Mária Schmidt
April 16, 2017Case study
Once upon a time there was a huge mining complex in the vicinity of Trepča, where gold, silver, zinc, lead and cadmium were extracted from about forty different mines. These mines gave jobs to the people who lived there. One of them, named Zvecan in Kosovo, had exceptionally rich quarries. Once upon a time the International Crisis Group (ICG), which was established in 1995, was a highly respected, expert, independent research and analysis Institute, created and operated to avoid wars and to build a more peaceful future. Sitting on its board of directors, George Soros — the great philanthropist and part-time humanist, who provides generous donations to ensure its operation — and his son determined that it would be of crucial importance for the future of Kosovo to boost mining production in Trepča. The exploitation of local natural resources would play a large role when Kosovo became independent. The independent ICG experts stated that very unfortunately local production was underfinanced, and the factories were badly managed and harmful to health and the environment. Oh, and the locals were exploited by Belgrade. “Trepča is the Berlin wall of Kosovo. For the longest time it has been the symbol of Serbian tyranny against the Albanians in Kosovo,” they argued professionally. Then war broke out in Kosovo.
A couple of months later the local leader of the occupying UN forces, Bernard Kouchner, who came from the Doctors Without Borders organization — also financed by Soros — was shocked to discover that working in the Trepča mines and factories in Zvecan was very harmful to health, especially for children and pregnant mothers. The UN forces therefore immediately expropriated the mines and processing plants. Then, in a generous gesture, every property in Kosovo. Only because of the coincidence of coincidences were Soros’ private investment companies then given the opportunity to invest $50 million in the area. Simultaneously, the US government has committed $100 million collateral as security for investments in the Balkans.
Soros was selected from among sixteen other candidates, presumably in an open and fair procurement process. So funding was provided in Zvecan, with the obvious aim that further mining not damage the employees’ health, especially that of pregnant mothers and children. All this took place in accordance with the requirements of an open society and the guidelines from independent experts, as elsewhere, all the time, where events meet with a happy ending. This story is quoted on the basis of an earlier article, because not so long ago and not so far from us in time, unsuspected by many of us, Soros and his network used similar methods everywhere, followed the same recipe, and kept the same goals in mind as they operated. When the deal is not lucrative enough, they move on and leave everything behind broken and used up. The mines and downstream plants in Kosovo were recently taken into public ownership, which the northern Kosovo Serbs refused to acknowledge.
The recipe
The recipe is simple. Find a worthwhile business goal. Send forth your civilians (NGOs), destabilize the area and organize an appropriate media tailwind. Go for chaos, and if you have it, you will be the one to organize the assistance for reconstruction, while cherry-picking the most profitable businesses. Break down the borders, so they do not obstruct your movement. Break down national sovereignty, so the interests of the locals and residents will not slow you down. Buy all the experts, with money, scholarships, awards, fame, recognition, hype — whatever the price of someone is. Call them experts; independent; democrat and progressive. Prevent anybody from uncovering their backing, hide their professional incompetence, just as we have seen it in the scandal about the second time they faked global warming data, as it was an obvious organized forgery. So buy the local media: TV, radio, daily and weekly newspapers and the Internet portals, rename them as independent too, and pay them to work towards some goals identified by you. Make them ballyhooed and reward them well. The media stuffed with money by Soros can be recognized from the way they follow the old Leninist tactic: they always use personal attacks. They never present the case, or the allegations; they never argue about the issues; they do not fatigue themselves or the audience with the refutation of ideas. They intimidate people, and if that’s not enough, destroy them; therefore their journalists and activists are specialists in character assassination.
The Soros-type so-called “civilian organizations” — which he keeps in the manner of gentry — are also the trustees of “independence” and “professionalism”. They refer to themselves and each other warmly “as an objective” organization. Enthusiastically and without complaint, they can sent into battle at any time, with any goal that is assigned to them by the Soros empire. Soros’ unprecedented power and influence derives from these all-encompassing auxiliary troops and cross-border networks. They are moved by him in an organized and coordinated way. Occasionally in line with US foreign policy interests, contrary to those interests some other times, often serving them, at other times in a temporary alliance with local leaders, but always in hope of a lavish profit. After all, he is a businessman, or more precisely a speculator who earns by destroying others while he piles up lavish profits.
The Soviet empire becomes the Soros empire
The big game that takes place in the background, the game played by the superpowers, regional and local power centers, often can’t be easily detected, but sooner or later the puzzle comes together. The bottom line is always the same: to take possession of new spheres of influence, or retain existing ones. Such was the case after the collapse of the Soviet empire, as it created a power vacuum. Now, looking back to the past, we can state that in our region, by the end of the 1990s, the change of spheres of influence took place relatively smoothly with a relatively low level of blood sacrifice.
In the following video Marine Le Pen, the leader of the Front National in France, discusses the most recent in a wave of suicides among farmers and agricultural workers.
This video makes it clear that Ms. Le Pen, like other French politicians, is a syndicalist rather than a proponent of free markets. She doesn’t want the government to stop interfering with agriculture; she wants it to practice the correct kind of interference — policies that benefit farmers as well as consumers. She is, in effect, demanding that the state resume its traditional duties vis-à-vis the farmers and the peasants.
It’s a reminder that there is no free market in French agriculture, and probably never has been. Liberté does not mean the freedom to cultivate whatever you want and sell it to whomever you want at the highest price the market will bear. Farming is a government-managed enterprise, and Marine Le Pen is calling for it to be managed properly, for the benefit of those French citizens who toil diligently to produce food.
Many thanks to Ava Lon for the translation, and to Vlad Tepes for the subtitling:
Ava Lon has also translated a series of related articles. First, from the Europe 1 radio network:
Côtes-d’Armor: a farmer found hanged in her milking parlor
February 24, 2017
[banner in the picture: We are feeding you, but we ourselves are starving.]
As the Salon de l’Agriculture opens in Paris on Saturday, a milk producer, the mother of two children, killed herself on Friday in the Côtes-d’Armor.
A milk producer from Côtes-d’Armor, who was weathering the milk crisis very badly, was found hanged in her milking parlor, it was learned Friday at the gendarmerie, while in Paris the Agricultural Salon is opening.
A mother of two
“A 47-year-old woman, a mother of two children, who produced milk with her husband and a partner in a GAEC (Agricultural Grouping of Joint Exploitation) in Plumieux, Côtes-d’Armor, was found by the latter hanged from a beam Thursday at 7:00 am,” said the gendarmerie of Côtes-d’Armor. “In financial difficulties, she left a message saying she was sorry but could not stand the situation anymore,” said the duty officer. “According to her husband, she was tired of having to work a lot and just barely succeed in paying the bills,” he added.
Income down 26.1% last year
According to INSEE [National Institute of Statistics and Economic Studies] figures published in December, the average income of a farm manager decreased by 26.1% in 2016 compared to 2015. The most affected sectors are the production of cereals and the production of milk, which suffered from full European competition after the abandonment of European milk quotas in 2015.
From Le Parisien:
The following video doesn’t day anything about asylum seekers or immigration, yet the “refugee” issue lurks in the background throughout. To get an idea of why the funding of schools in Berlin is a casualty of Chancellor Merkel’s immigration policy, check out this article from Breitbart:
Entire German 2016 Budget Surplus Earmarked for Migrants
The German government will allocate the entire six billion euro 2016 budget surplus to migrants after the two coalition parties failed to agree on how to spend it.
Chancellor Angela Merkel’s Christian Democratic Union (CDU) party proposed using the €6.2 billion surplus to pay off debts, while the Social Democrats (SPD) wanted to spend it on digital infrastructure projects. As a compromise the money has gone solely to migrant projects instead, Der Spiegel reports.
The present funds allocated toward migrant programmes is already €12 billion, which is thought to be more than enough to handle the needs of the over one million migrants in Germany. The budget surplus would take the money up to over 18 billion — far more than required.
Nash Montana, who translated the video for subtitling, includes this introduction:
I have a minor problem with this. It doesn’t mention “refugees”. But it’s an example of how the Old Parties are ruining the infrastructure of the country by spending billions upon billions for the “refugees” while completely not giving a [goldarn] about the infrastructure for German children. The school in Berlin that’s shown in the video is worse than anything I have ever seen in the USA. It’s like a third-world hellhole.
The text in the link under the video reads:
Dilapidated schools in Germany: Already 34 billion euros needed for renovations.
These are not houses designated for demolition — this is what schools look like that our children go to. Berlin parents have had enough and have created the campaign “Einstürzende Schulbauten”. [This is a play on the punk rock band from the ‘80s, the “Einstürzende Neubauten”.]
Many thanks to Vlad Tepes for the subtitling:
Transcript:
On January 23 Hungarian Prime Minister Viktor Orbán gave a speech at the 4th Lámfalussy Lectures conference in Budapest. Below is an excerpt from his talk; the entire speech has been subtitled, and is available here.
Many thanks to CrossWare for yet another mammoth effort of translation, and to Vlad Tepes for the subtitling:
Transcript of the full speech (47 minutes; the above excerpt is from 33:36-38:36):
The following discussion took place a couple of days ago on EchoTV in Hungary. The presenter on the program welcomed György Nógrádi, a national security expert, economist, and professor of military science. The conversation ranged over the migration crisis, national security issues, political affairs in Europe, and — what else? — today’s election in the USA.
Many thanks to CrossWare for the translation, and to Vlad Tepes for the subtitling:
Transcript:
Simple Arithmetic and the Mechanics of Tyranny
by Seneca III
At 1615 hrs this afternoon, 7 October, 2016, I recorded the £, US $ and Euro (€) exchange rates. Here they are:
| US | $1.00 = €1.12 | — hence $100.00 buys €112.00 | ||||
| £1.00 = €1.12 | — hence £100.00 buys €112.00 | |||||
| £1.00 = $1.25 | — hence £100.00 buys $125.00 | |
And therefore (excluding trading costs):
If I buy £100.00 worth of € I end up with €112.00
But $125 buys €140.00, so if I first buy £100.00 worth of $, giving me $125.00, and then use that to buy €, I end up with €140.00, €28.00 (22.4%) more, and thus all of this begs the questions why and to whose benefit?
Well, in answer, several things have to be taken into consideration:
The globalist banking establishment and its New World Order plutocrats and political backers control the system for their benefit and their benefit alone. They also have to try to keep the lid on the fact that this system they have created is nothing more than a giant Ponzi scheme teetering on the edge of a precipice.
Consider also — The UK has just thrown the Brexit spanner into their devious works and must not only be punished but seen to be punished as a lesson to other independently minded nation states that might be considering steering a similar course.
However, they, the ‘Banksters’, cannot afford to throw the current US (mal)administration into the furnace as well by downgrading the US $ because the US electorate, despite the obfuscation intentionally being generated by the incessant promulgation of the ‘racist’ meme is, first and foremost, acutely concerned about the economic situation and thus any such action would reflect badly on the Obama Democrats and their plan to shuffle Hilary Rodham Clinton into the White House in order to finish the job of destroying America as an independent nation — and also the future of many or all of the other free, democratic States that loosely comprise the ‘West’ as a whole.
All of this, simply put, is but socio-economic warfare implemented by a relatively small coterie of ‘Internationalists’ with the malignant intent of seizing and implementing draconian power on a scale never before conceived or achieved — it is nothing more and nothing less than that.
— Seneca III, Middle England, October 7th 2016.
For links to previous essays by Seneca III, see the Seneca III Archives.