An Ominous Greece Parallel: The 1930s And The EU Today!
- I have warned repeatedly that the Illuminists appear to be adhering to a very tight script: the period in between WW1 and WW2. This time round they are using (abusing really) America as the protagonist to start WW3, much like Nazi Germany was used to start WW2. We are seeing history repeats itself: economic and financial collapse starting in Europe and leading to WW3. Fascism is rising in America!
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An Ominous Greece Parallel: The 1930s and the EU Today!
by Ron Holland, http://thedailybell.com/
“The Euro Titanic has now hit the iceberg and sadly there simply aren’t enough lifeboats.” – Nigel Farage, United Kingdom Independence Party
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Another Greek election and an uncertain outcome will likely continue the corrupt status quo in Greece. The Greek politicians on the take by the EU interests acting like most Western politicians and the American two-party mafia monopoly will continue to steal from the Greek people and the bailouts while the nation gets poorer. We are watching a throwback to the Great Depression years of the 1930s in Europe.
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American investors should study their history and get ready for a fast replay of an Internet style version of European history during 1919, 1931 and 1933 that could transpire quickly over the next year. Comparing the unsustainable sovereign debt burden today in most European nations to the German Versailles debt is a scary prospect with ominous parallels.
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Back on June 28, 1919 the Treaty of Versailles was signed, burdening Germany with an unmanageable debt load that was not officially paid off until September 30, 2010. Depression, hyperinflation and institutional collapse followed, culminating in the rise to power of Hitler in 1933. Currently, many nations in the EU, nominally headquartered out of Brussels but fronting for the German banks and Merkel in Berlin, are now in a similar debt position.
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Versailles, France and Brussels, Belgium are only 173 miles apart but even the controlled press cannot hide the parallels of a desperate political and financial establishment or the fear running through most of Europe. History is getting ready to repeat itself and peoples and nations will once again be devastated by a depression born out of hidden excesses by banking elites and an unbearable level of sovereign debt created by “bought off” politicians.
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Whether the effects of a worldwide depression will again be countered by another world war is the only real question facing the world today. I believe the failed European Union is going down and this will be only a precursor to an identical economic collapse by the American Union. Of course, the power elites will attempt to use the real or manufactured crisis as a pretext to expand the EU but I don’t believe they will succeed. The speed of events and flow of alternative news renders their old style propaganda powerless to keep up with and control public opinion today.
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The financial world is watching with disbelief and shock as the European banking and political elites do the daily shuffle in a veiled attempt to hold together a forced, non-elected European Union. All the while it continues to come apart at the seams due to excessive sovereign debt and failing austerity measures rendered meaningless by an explosion in fiat currency creation not seen since the days of the German Weimer Republic.
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We are indeed seeing a latter-day replay of the infamous Treaty of Versailles debt load forced on a defeated German nation in 1919 now levied on the entire European Union and this time Germany will be the winner. Maybe turnabout is fair play but I fear the long-term consequences could be as tragic as what the victorious allies did to a prostrate German nation that led to the rise of National Socialism and Adolf Hitler back in the 1930s.
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Germany’s Revenge
As was the case in 1919, 93 years ago, the banks and the power elite are seeking profits, gold and wealth at the expense of bankrupt and defeated nations but this time Germany is getting its revenge. In 1919, the victorious and “righteous” allied politicians that had earlier forced the United States to enter the war in 1917 in order to forestall a German victory so the American banks and arms industry could get their loans repaid and avoid bankruptcy are this time on the receiving end. I believe Germany will bail out the EU nations at the last minute but at the price of their gold reserves, control over economic policies and veto threat even over elections in the individual nations.
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