friends:
as i watch the financial crisis in europe deepen, as good money is thrown down the toilet to try and reprieve gargantuan financial irresponsibility, and as germany is dragged into insolvency and the euro managers talk of a "unified" european financial system, ... , something becomes abundantly clear.
this is not the result of stupidity, or misjudgment or mismanagement.
this whole thing is being manipulated, and connived. the destruction of european currencies is sought.
it is the obvious intent of the euro union bureaucrats to destroy the currencies and financial systems of the individual european states so that the euro union "emerges from the ashes" of financial collapse as the single monetary system in all of europe.
tip of the hat, theo spark. update: http://www.telegraph.co.uk/finance/markets/8918763/Markets-pricing-in-endgame-for-the-euro-warns-UBS.html . just as i have said, (right at midnight last night), and without an advanced degree in economics. it is just as simple as the old saw, ... , "don't throw good money after bad." which is all the european union and the bankers and the bureaucrats can do. well, do you thrash in the quick sand, or slip quietly into the goo? end update: 11.27.2011.
i base this opinion on one incontestable fact.--
no group of financial managers could purposely follow the path which has seen the bankruptcy of greece, italy, spain, and ireland, and which has seen even more handouts & bailouts badgered from germany, without intending the collapse of the current financial arrangements in the euro union.
it cannot be otherwise.
the outcome of this colossal foolishness is entirely foreseen, and entirely foreseeable, and anyone who has the vaguest notion of a financial ledger knows what the end result of the whole affair is going to be ... and that is the utter and total failure of the monetary systems.
in short, those managing this whole ludicrous dumb show have foreseen the result.
idiots could not be oblivious to it. everyone knows you cannot pay back bond debt when you are broke, and that all the worthless money in the world is just that, worthless money. no one has forgotten weimar germany, and what it led to.
therefore, the results of this mismanagement are sought. the results of this are so inevitable that no one can honestly believe it is not foreseen. it is as simple as that.
there could be no purpose in engineering 27 separate collapses, only to struggle towards 27 separate revivals. no, the only rational and logical explanation for this purposeful destruction of the monetary systems of the separate members is that the imposition of a single scheme of finance and currency and monetary policy is sought by the euro union bureaucrats who are engineering this lunacy.
the bureaucrats have decided that "all chips are in." they have decided the euro union is a failing proposition, and that no loyalty toward the union is inspired in europe. geert wilders and others have exposed the lie of the "euro-med," and the euro union immigration policies which lie behind all the "cooperation agreements." the union is coming apart.
the managers have decided that they will risk all on the chance of managing "the rise of the euro union phoenix" from the ashes of the destruction of europe's monetary systems, which they are engineering, and seeking.
i practiced law for 25 years in the state of washington, that practice including at various times, defending and prosecuting criminal offenses (up to and including murder charges.) in the state of washington, the law says that one intends the natural and foreseeable consequences of ones actions: in short, your mental state may be inferred from what you do. i assume the point of that observation, and the law, is comprehended with regard to the above essay.
john jay @ 11.27.2011
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