Uploaded by NeedToAwaken on Dec 7, 2011
From: RTAmerica on Dec 7, 2011
http://youtu.be/YBfdptuVkZ0
The Euro crisis in Europe seems to be getting worse and worse. Fifteen nations in the Eurozone are on standby to get a credit downgrade. French President Nicolas Sarkozy and German Chancellor Angela Merkel are proposing sanctions against countries that have failed to balance their budgets. Max Fraad Wolff, joins, senior analyst at Greencrest Capital, joins us to talk more about the crumbling Eurozone.
Follow Liz on Twitter at http://twitter.com/LizWahl
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Global Financial Collapse: What makes it tick?
Published: 06 December, 2011, 19:29
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Second Key Question: WHO made that happen?
Global Power Elite international bankers have been doing this openly, knowing few will understand what is actually happening. I mean, was not it former US Federal Reserve Bank governor Alan Greenspan who, during a black-tie Washington DC dinner of the American Enterprise Institute on 5 December 1996, "explained" away such inexplicable growth as being due to "irrational exuberance"? What a solid technical explanation coming from the then No. 1 Central Banker!
This fraudulent but extremely (and illegitimately) strong Money Power minority controlling Finance today have made it grow like a cancerous tumor. Starting in 2008 with the collapses of Bear Stearns, AIG, Merrill Lynch, Lehman Brothers and the bailouts of Goldman Sachs, CitiCorp, HSBC and Bank of America, Finance today seems to have "metastasized" and now threatens to kill parts of the global Real Economy. So... we had better do something about this, and quickly. And "doing something" means more than just fighting on the streets and throwing rocks at the police (although admittedly, that is often a necessary collective first step).
Finance has usurped the upper echelons which do not legitimately belong to it but rather to the Real Economy. It is the Real Economy that must always be on top because that is where True Value is created. Finance, in turn, must always be subordinated to the Real Economy, not the other way around. This means that today's key problem is that the whole economic-financial-monetary system is upside down... We need to immediately put it right-side-up again!!
Third Key Question: WHERE to start?
It starts with each country taking back their central bank so that it will provide the necessary amount of interest-free money to meet the needs of the Real National Economy, so that all the powerful funny-money bankers can be routed. That means freeing your central bank from global banker control.Former Argentine president Juan Domingo Perón did just that 60 years ago and the Powers That Be bombed him out of power. Muammar Gaddafi did that much more recently, and look at what happened to him....
"Money is a Powerful Lord", 17th Century Spanish poet Don Francisco de Quevedo y Villegas once said. Four centuries later, nothing new under the sun...
Adrian Salbuchi for RT
http://rt.com/news/global-financial-crisis-salbuchi-175/
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11 likes, 2 dislikes
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Nigel Farage was brilliant. These politicians still believe they can salvage the Euro. What a joke beyond jokes. Let the thing collapse and take the pain now.
Dandaniels1978 2 months ago
god help us when there is no food on our table when the world economy goes down and down
until zero time.
lovesack 2 months ago
l think we are seeying the end of the money system as we know it today and the beggining of the cashless seciety, money can not keep the economy going any more.it is the thing of the past.
lovesack 2 months ago
The Euro simply is the Deutschmark to which most of the other European currencies were pegged to before. The Euro will survive the Dollar, mark my words. Germany uses the crisis to push for the right longterm reforms.
ChineseAtheist 2 months ago
Wishful thinking
ChineseAtheist 2 months ago
The Euro has been dumb since it was created.
EconCat88 2 months ago
what d'you want me to say?.... anyone watching this video is probably all ready switched on to this...... we all know we're fuct!!
themusmag 2 months ago
@themusmag Thank you so much for adding such a valuable point to this conversation... -_-
teedot 2 months ago
Amazing the euro has lasted this long. Talk about an idea doomed to fail. It is however and interesting question: What was the real goal of the "globalists" who came up with this farce? Crisis-Response I guess. The response is to replace the puppet governments with the puppet masters themselves?
Goldman Sachs of course. Britain of course knows the eurozone will fall soon.
rotagen5 2 months ago
Dollar is next
smoochiezlove 2 months ago