There’s lots of speculation nowadays about the fall of the US Dollar and consequently the US Empire. But that’s a far off scenario compared to the imminent European catastrophe.
a) Right now the EU’s economy is teetering on the edge of a financial and economic catastrophe, due to exercising its political agendas despite any economic mayhem created.
“The financial consequences stem partly from bank exposure to Russian entities, but far more important is the effect of soaring producer and consumer prices on the entire Eurozone financial structure. The euro system has depended on redistributing wealth from Germany and the fiscally conservative northern states to bail out the poorer south using suppressed interest rates. That scheme is now kaput”.
Now that Eurozone Inflation (CPI) is rising at 8.6% and Germany’s producer prices are up…
Release Council will not meet until 25 July, the 65th day of our comrade’s hunger strike.
The health condition of hunger striker Giannis Michailidis, who is on his 46th day of hunger strike and is under guard at Lamia General Hospital, is at an extremely critical point.
First of all, I would like to emphasize and make it known that although it is legally foreseen for any prisoner to appoint his personal doctor to examine and monitor him, in this case and despite the relevant permission, I was not allowed to have a clinical examination in person, our communication was between bars and in the presence of the police officer right next to me, thus abolishing medical confidentiality since he was listening and watching all our communication.
Giannis white blood cell count has dropped so far below the lower normal limit that it now poses a threat to the striker. Leukopenia leads to severe immunodeficiency. Platelets are also very low and Thrombocytopenia can cause severe and threatening bleeding. There is anaemia that is getting worse, disturbance in liver function, hypocalcaemia.
Clinically, the striker now reports that at the slightest effort he feels acute precordial pain (signs of myocardial ischaemia) and severe pain in the left kidney. The treating doctors have informed him that he is now at risk of severe osteoporosis.
From The Babylon Bee: WASHINGTON, D.C. — In a bold move this morning to address the nation’s financial woes, President Biden has officially called on the American economy to stop being bad. “Come on, economy!” said an impassioned President Biden. “Make everything cheaper! Give everyone more money! I hereby demand you stop being atrocious! Do […]
Europe is thus being turned by the U.S. into the front line of a nuclear confrontation with Russia, even more dangerous than that of the Cold War. By Manlio Dinucci Global Research, July 15, 2022 *** “Production of the B61-12 nuclear bomb begins,” Sandia National Laboratories announced from the United States. The B61-12, which replaces the […]
Prion diseases and disorders are sweeping the nation and the world, but the medical industrial complex and the mass media (fake news MSM) are keeping a tight lid on the news and science that reveal this “pandemic” of vaccine-induced injuries and deaths. As mRNA injections reprogram human cells to continuously produce the spike protein prions, they continue accumulating throughout the body – possibly forever.
The real pandemic the world is experiencing is the skyrocketing cases of preventable diseases literally caused and exacerbated by spike protein injections, also known as COVID-19 “vaccines.”
Research conducted by scientists found that spike proteins injected into the body and created by mRNA “technology” enter the bloodstream and travel to all parts of the body, accumulating andpolluting cleansing organs, while causing blood clots.
This clotting and damage to the vascular system results in deadly conditions…
There’s lots of speculation nowadays about the fall of the US Dollar and consequently the US Empire. But that’s a far off scenario compared to the imminent European catastrophe.
a) Right now the EU’s economy is teetering on the edge of a financial and economic catastrophe, due to exercising its political agendas despite any economic mayhem created.
“The financial consequences stem partly from bank exposure to Russian entities, but far more important is the effect of soaring producer and consumer prices on the entire Eurozone financial structure. The euro system has depended on redistributing wealth from Germany and the fiscally conservative northern states to bail out the poorer south using suppressed interest rates. That scheme is now kaput”.
Now that Eurozone Inflation (CPI) is rising at 8.6% and Germany’s producer prices are up 33.6%, either interest rates must rise smartly or the euro crashes.
Germany is in big trouble and can no longer guarantee more debt, while the ‘PIGS’ countries, (Portugal, Italy, Greece and Spain) are stuck in debt traps. Yet even more debt needs to be issued because the outlook for budget deficits in these nations is simply dire, made worse by a Eurozone economy on the verge of an energy induced meltdown.
And the imminent forced increase in interest rates may trigger that meltdown.
b) The EU financial system is forced to give away money by lending it at MINUS 1% interest, and maintain various economic juggling scams to stave off monetary collapse. That means doling out countless billions that can never be paid back.
One of the biggest tricks is hiding gigantic ballooning debts by making them disappear in the EU’s TARGET2 settlement system.
[iii] See Evergreening in the euro area; Steinkamp, Tornell and Westermann, working paper No. 113 July 2018, which describes how zombie companies are being kept afloat and how their loans end up as Target2 collateral.
TARGET2 is the big, modern, cheap digital EU system for paying and receiving and all sorts of transactions, processing hundreds of billions of euros every day.
A simplified idea of the scam is that they dump the debts in TARGET2 after re-qualifying them as collateral (guarantee assets) as funds for new loans, and bingo, the commercial banks that issued them become solvent again.
[iv] See Hans Werner Sinn’s description of the public debate, when he first pointed out that the liabilities faced by the Bundesbank on TARGET2’s failure were to be decided by its capital key. https://www.hanswernersinn.de/en/controversies/TargetDebate
We’re talking HUGE numbers:
“the greatest debtors, Italy, Spain, Greece, and Portugal have combined TARGET2 debts of €1,255bn. But the most rapid deterioration for its size is in Greece’s negative balance, more than tripling from €25.7bn at end-2019 to €106bn in April. Spain’s deficit is also increasing at a worrying pace, up from €392.4bn to €505bn, and Italy’s from €439.4bn to €597b”.
Manifestación el 3 de julio de 2022 tras la muerte de Jayland Walker, por disparos de la policía en Akron (norte de Estados Unidos) afp_tickers Un afroestadounidense de 25 años al que la policía mató en junio cuando intentaba escapar después de una infracción de tráfico en una ciudad del norte de Estados Unidos recibió 46 […]
