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15 February, 2016

The EFD ready to occupy Germany!

globinfo freexchange

The latest German Finance Ministry report is the strongest evidence for what is about to follow. It proves what we support for some time, that the economic war concerns not only Greece and that it is basically a class war. Greece is simply a "compass" according to which, the executives of the EFD (European Financial Dictatorship) want to impose a certain "model" across the eurozone.

From thelocal.de :

An internal government report seen by Die Welt am Sonntag predicts that Germany will have to take on uncontrollable debt if it doesn’t start making huge budget cuts now.

[...]

The result will be levels of debt reaching 220 percent of Gross Domestic Product (GDP) by 2060 - well above the 60 percent limit for EU member states set out by the Maastricht Treaty in 1992 - experts from inside Wolfgang Schäuble's finance ministry have calculated.

The report is likely to be of particular concern to Schäuble, Germany's stern faced Finance Minister, who has blasted other European countries for their unsustainable levels of debt - and insists on Germany sticking to the "schwarze Null" (black zero) - a policy of having zero deficit.

There are “serious risks to the sustainability of debt” the report warns, adding that if the government doesn’t act now, it will lead to “an unbearable debt build up which will limit the state’s ability to act.”

[...]

... the finance wonks argue that the only way to avoid Germany’s impeccable budget figures turning red is to start cutting its debt burden now. But to do this would require budget cuts in the region of €7 billion a year, starting immediately - and that’s according to the finance report's more optimistic scenario for the future. Should their more pessimistic predictions come true Germany would need to start saving around €23 billion annually.

It is obvious that the German political puppets have been once again hijacked by the banking oligarchy and the big capital. They expect Deutsche Bank bomb to explode at any moment, and prepare the German public for sweeping measures similar to those imposed on Greece. They applied a disastrous recipe on Greece, in order to save the Franco-German banks and to carry out the neoliberal experiment involving the new conditions. They prepare now the same recipe for Germany.

It has been proved that the eurozone monster to be inextricably linked with the devastating austerity policies. The Brussels bureaufascists and the Berlin directorate will do everything to keep it alive, even if they have to sacrifice the German middle class. Recently, they sent warning signals to Portugal and Spain, concerning the rise of the Leftist parties, fearing an "accident" which may put their plans in danger. Whether they will succeed, or, whether the eurozone will be collapsed violently with unpredictable consequences, it remains to be seen.

Countries prepare for the worst, but Greece still will be left in vacuum, as is totally dependent on Draghi's paper money, after five years of total economic destruction because of the EFD-IMF mafia policies. And it appears that, unfortunately, the country has not even a minimum plan for Grexit. In any case, Greece will become the scapegoat, once more.

As mentioned in previous articles:

Europeans should also start to get used to unemployment rates of more than 30%, according to the Greek experiment. When these measures reach Germany, Mr. Schäuble will have the perfect excuse for the angry Germans: blame the Greeks and the European south because they refused to take "reforms" early, it's their fault.


The Dutch finance minister and Eurogroup chairman, Jeroen Dijsselbloem, stated that Germany must do more to enhance its competitiveness, mentioned reforms implemented by Spain, Portugal and Ireland in recent years, adding that Berlin would be well-advised not to rest on its laurels. [...] Statements came right after the news for the German economic slowdown and fears for economic recession.


Financial fascists will do anything to keep their "model" alive. A model which maintains the financial bubble economy, but systematically impoverish the middle class. Because this monster cannot survive together with a prosperity for the many.

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