EURO-OLIGARCHS’ SLASH FUNDS AWASH AMID EU’S BANKRUPTCY
Erle Frayne D. Argonza
Good evening from the Philippine suburbs!
I wish Europeans could find sufficient reason to brighten themselves up these days. Maybe the northern Europeans can still find some reason to smile in the light of welfare state graces still flowing to their pockets, while those of southern
Europe’s are grilling in the heat of
a continent burning in economic firestorm.
Economic intelligence updates report that only the IMF and
are infusing some fresh monies
unto the European coffers. The problem is that the IMF is itself running out of
funds soon, and so it may decide to probably print money that it just puzzlingly
couldn’t securitize enough (does IMF possess gold bullions to back up those
monies in case?). USA
As to the
USA providing fresh
cash to Europe, we concerned observers are
simply befuddled about. The USA
was bankrupt even before Obama became president, a fact that amplifies our own
confusion about where does the USA
source such funds and how will it securitize them in case of its aiding of a
It seems that coteries of Nero officials were designated as chief execs and technocrats in the entire continent plus the
Neros who fiddled in their palatial roofs while their respective countries
burned. I wish the likes of Brown, Merker, Sarkozy, and Barroso could convince
me that they are not some Nero clones who collectively did burn their own
continent at the behest of the financiers. [Cameron replaced Brown recently,
performing a “too late the hero” act.] Ireland
Now, just to remind the readers more so the Europeans, around a couple of years back, when the USA was in the midst of its ‘great recession’, the greedy Anglo-European financiers reportedly stashed a staggering $3 Trillions worth of slash funds in the big financial houses of the continent itself. That was then, it’s now 2010 and the slash funds may have grown to at least 33% its original size.
A very suspicious act for sure, as it reveals a highly privileged class that operates outside the ambit of established rules in the continent. Just exactly what are those funds intended for, we can only speculate. The greedy financiers know about a coming turbulence that will engulf the entire trans-Atlantic economies most likely, and they were preparing for the worst scenario.
The worst scenario is now taking shape, the scenario of total bankruptcy and the Eurozone’s economic roof collapsing. The Jurassic bank IMF was already called upon to intervene with emergency measures for central banks to stash hundreds of billions of euros to salve ailing banks, while it imposed austerity measures on heavily affected countries such as Greece.
To say that the financiers are but passive observers of events would be over-stretching naïve posturing bordering torpor. The greedy financiers led by the House of Rothschild and its subordinate subalterns (Soros & cronies) have been orchestrating the events in the continent, even as they were responsible for directing the pliant IMF to enter the scene in order to hasten anarchy and economic collapse.
Maybe the last frontier of
Europe to generate money
is to sell all of its major infrastructures—freeways & roads, bridges,
levees, wharves, airports/runways, railways—to the financiers via their agents.
flood control infrastructures, for instance, would surely be cause for
salivation by the same greedy moneybags which they can perhaps maneuver to buy
at rummage sale. Netherlands
Concerned Europeans themselves should keep watch over the reports filtering to the OECD and Bank for International Settlements about the country performance of EU’s member states. Panic and desperation, at a given juncture, is sufficient cause to pad data, rendering such central institutions as unreliable and suspect. When an economic house burns, a central bank would casually resort to lying such as our own central bank in the
did during the depression years of ‘84-‘86. Philippines
Likewise should the Europeans, more so the working class, better keep track of oligarchic slash funds being stashed surreptitiously in their own backyard. Such funds should be allowed to surface and be applied with transparency rules to know what they are intended for.
, 31 July 2010] Philippines
[See: IKONOKLAST: http://erleargonza.blogspot.com,