The Essence Of "Currency Wars"


The Essence Of "Currency Wars"
06-17-12
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Europe in Crisis
A quote...."Four and a half years after crisis conditions erupted, nothing's been done to resolve them. The smartest guys around haven't fixed things. -- On June 14, rumors circulated about coordinated central bank intervention. European banks are especially troubled. Recapitalizing them hasn't worked. -- Expecting more of the same to accomplish what hasn't so far worked is another way of defining failure."

Some commentators have stated that the US-NRE's parasites are worried about the EU and Euro collapsing because of what that would do to all those credit default swaps they sold to the EU's banks and sovereign nation states. 

They are completely wrong!

The US-NRE's Wall Street Banksters are the very people who sold Europe all those tens of trillions of dollars in worthless MBS securities in the first place, and the very same credit ratings agencies who tripled AAA rated all this junk when it was sold are the very same ratings agencies now busily down grading the EU states and their banks.  Goldman Sachs, one of these TBTF Banksters was the very same institution that finagled Greece, coincidentally the "first domino" to supposedly start the collapse of the EU, into the EU by cooking that nation's books.

And now these same TBTF Banksters have sold tens of trillions worth of credit default swaps to the EU. 

Does anyone think this was an accident?  Does anyone think the very same Bankster who are now attacking the EU haven't thought of what this might do to their credit default swaps if they succeed?

Do you want to know what happens to the EU if the EU nations can't bail themselves out while being subjected to these constant financial attacks by the US-NRE's (and Britain's) Banksters?  They come crawling to Ben and his Buddy Boys at the Fed, you know, that PRIVATE consortium of greedy  Banksters for a bail-out, that's what.

Bernie types in a one followed by ten zeros on his computer and than he hits the transmit button and instantly creates ten trillion dollars of additional debt, plus interest, for the EU and its citizens.  It will cost him a few seconds and a few electrons, it will cost the Europeans the next twenty years of hard labor.

His actions will also depreciate the dollars in everyone's pockets, it's called inflation, and it's EXACTLY what Bernie and his boys want.

This is the essence of "currency wars".  -- To force others to take your worthless script, including the sheeple who live in this country, to force others into your debt, to force others to give you their hard earned goods and services in exchange for little tiny bits of paper, or electronic ones and zeros. 

For as long as they're stupid enough to do so. - Topix....