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Editorial See other Editorial Articles Title: Zionist-created euro behind current eurozone crisis: Analyst The big secret is that the formation of the euro has been largely responsible for the economic problems seen in many of the euro zone member states. This has obvious implications for both of the future of the euro as well as the future composition of the euro zone." Analyst Mike Stathis The formation of the euro currency by the Zionist banking cartels has been largely responsible for the economic crisis in many eurozone member states, an analyst says. “The big secret is that the formation of the euro has been largely responsible for the economic problems seen in many of the euro zone member states. This has obvious implications for both of the future of the euro as well as the future composition of the euro zone,” Mike Stathis wrote in an article published on Press TV. According to the article, the problems stem from “the inherent differences in each nation’s economic, trade and infrastructural base which served as inspiration for the formation of the euro as a way for the Northern Euro Area (NEA) nations to exploit their South East Area (SEA) counterparts.” “Numerous economic organizations aligned with the globalization and banking establishments have even acknowledged that the decline in the current accounts of SEA countries coincided with their entry into the European Monetary Union (EMU).” Stathis adds that the Zionist banking cartels, which are the ‘true architect’ of the EMU, did not inform Germany and France that the euro would create economic problems for SEA member states, and instead introduced the euro as “a gateway to greater economic prosperity for NEA nations.” According to the article, Wall Street banks and their associates in Europe made enormous sums of money by flooding European nations with consumer and business credit and making European consumers as irresponsible as those in the US. “Now that many of these nations are economically distressed, the bankers are moving in to seize a good deal of taxpayer-owned assets using the IMF (international Monetary Fund) as its Trojan horse,” which has infiltrated many EU countries and offered to supply each with finance capital in return to adhering to very specific criteria in order to receive new rounds of financing. However, “it is a well-known fact that the IMF’s approach to austerity most often destroys rather than restores economic stability. As history shows, in almost every situation when the IMF has become involved, it has made the nation worse off.” Stathis concludes that the economic approach taken by the IMF is one of privatization that leads to a large reduction in the government control of the economy which “is required in order to prevent industry collusion and price gouging which is often the result of privatization in nations with poor regulatory controls.” MYA/GHN/HJL Poster Comment: The euro was introduced to facilitate trade and travel just as the dollar expedites things in America. The nation state is not destroyed but it's power diminished. EU's main drawback is that it added a fourth level of tax-gouging bureaucracy. Its advantage to Zios is that they need only infiltrate the politics of one entity to control hundreds of millions of people as they've done in the US. The EU crisis stems from the socialist mindset of people and politicians and consequent lack of entrepreneurial initiative as best displayed by the prosperous Germans. Post Comment Private Reply Ignore Thread
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