“They are the elite of bankers and the bribed, complacent politicians, aided by servile academics, who uphold the power of the banks because they think that it will increase their own. They are now nicely in control and are anxious to move things on,” Rodney Shakespeare, professor of Binary Economics, wrote in an article .
He went on to say that the European elite believe “money creation must only be for the benefit of the banks” and not for the benefit of the population.
“Thus, faced with an overall unemployment level of 11 percent and over 20 percent for young people, their ‘solution’ is to increase unemployment. Observing that overall debt levels are such (Euro government debt averages over 100 percent of GDP) that the debt has become un-repayable; they say that ‘More Debt is a Good Idea’,” Shakespeare added.
The analyst further argued that as the result of the policies of the bankers and politicians the mass of the population experience fewer jobs, lower pensions, diminished welfare and increased inflation.
He also warned that the European elite are trying to “end national sovereignty” in order to be able to smash all resistance and achieve their aim of controlling people “by turning them into debt peons forever”.
“The problem is not any one country; it’s all of them with the weakness in one country preventing exports by another: with the debt of one country weakening, even bankrupting another; with the seeping away of confidence crossing borders and undermining trade like some vast smelly flood,” Shakespeare concluded.
TNP/JR
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