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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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