Not unlike Zarathustra, George Soros commands a prominent position in today’s world. Not for deep thinking philosophy, perhaps, but because he is “the man who broke the bank…” not of Monte Carlo, but of England. No less. And since in today’s world the only thing anyone reveres is money and making it, by fair means or by foul, that is irrelevant, George Soros is one of the very big men of today.
So perhaps we should pay heed to what he says after all. In an interview published today, he is quoted as having said, among other things, the following:
I am terribly concerned about the euro potentially destroying the EU. There is a real danger that the solution to the financial problem creates a really profound political problem.
Germany needs to realise that the policy it imposes on the euro area – the austerity programme – is counter-productive. It cannot actually succeed. At the moment they [the south] is being pushed – unwittingly, not with bad intentions, but the effect is that they are being pushed into a long lasting depression and that is what is happening to Europe. And it may last more than a decade, in fact it could become permanent, until the pain is so big that eventually there may be a rebellion, a rejection of the EU, and that would then be the destruction of the EU, which is a terribly heavy price to maintain to preserve the euro, which is meant to be just a servant of the EU.
The only thing I would like to humbly add, perhaps because I cannot bare it otherwise, is that “the pain” has already become for many and will become for many more “so big” that the rebellion will come, I believe, before the decade is out.
Now if we really want to get high on rosy optimistic thoughts, there is a smidgen of a hope that the leaders of Europe will be jolted into waking up. Not necessarily those in power today who are the most short sighted, misguided, pig headed lot to have been collectively about ever. Well, okay excluding the lot around in Europe circa 1914, maybe.
But for all The Frau’s and her side kicks’ efforts, we do still have a semblance of democracy in Europe. There still is the hope that leadership and fundamental policy can be changed without outright rebellion. Though a rebellion, of course, can take many forms, not all of which are violent and with blood.
And that is the hope. That the inevitable rebellion against this vicious, moralistic, sadistic and grossly ineffective Merkel led policy, will come to an end by fair means rather than foul. And BEFORE the decade is out!