Throughout the Eurozone crisis the Brussels-Berlin axis has been obsessed with saving the banks at any cost and sticking it to the deviant states such as Greece, Ireland, Portugal, Spain. The axis was determined to make European taxpayers pay through the nose, to destroy several economies, to plunge the whole zone into recession and growing unemployment in order to save the banks.
Then all of a sudden hey! Hang on! No. Lets do something else. Lest change savers into investors, lets grab bank savings instead and “save” the banks (or whatever may be left of them) in this way. Hence the Cyprus coup, or rather coup de grace! And then the games begin. Cyprus a unique case! Then no this is a template for the future. Then, no it is a once off, then Olli Rhen himself, the Grand Master of European Nonsense Economics states it clearly again. Yes! This is what we shall be doing from now on.
Meanwhile in Greece, after being pushed and shoved and coerced into merging the country’s banks into three major ones, the troika comes back with another, hang on! No! You can’t do that! The National Bank Eurobank merger must not go ahead! And what the troika says, Samaras and Stournaras scuttle and do regardless.
Now, humankind cannot bear to remain in the dark over anything. It must have some kind of explanation for the most nonsensical of things. And that is what religions are for. To explain the unexplainabe so people can just shrug it off as “God’s will” rather than nonsense! and absurd!
And when humankind cannot have recourse to religion for this, it turns to conspiracy theories. There simply must be some reason why, however dark and satanic it may be! And in the case of Euro nonsense economics, conspiracy theories abound. The Cyprus decisions and such were made so money would rush out of the banks of southern Europe and into the “safe” coffers of German banks. Thus saving them from bankruptcy. For instance. And this one is based on solid logic.
Other theories pertain to the German hunger for “Mastery in Europe”, a revival of the third Reich by other means. And so on and so forth. But no. There are no dark conspiracies afoot. The inexplicable has not been hatched up in some secret smoked filled room, or in a bunker!
Unfortunately I fear the explanation is much simpler and much more terrifying. Europe’s fate has fallen into the hands of a bunch of incompetent, narrow minded, unimaginative, dogmatic people who have lost all touch with reality. Their scope is extremely limited and goes no further than their own personal (not even their country’s) ambitions. To win the coming election, to retain the plush sinecure of President of Europe or the Commission or whatever else and so on.
So they do not even understand the real problems, still less what to do about them and God forbid that they should even realise just how catastrophic their own self centred shenanigans really are. Their way of “dealing” with the problems is piecemeal, amateurish little trick of lets try this and see if it works. Lets bully everybody into thinking we know what we are doing. Which is why they are so inflexible and never admit that something may not be going quite right.
Instead they keep coming up with “quick fixes” and slip shod partial remedies all designed simply to kick the can down the road, till the next elections or something like that.
In effect they are acting like the proverbial sorcerer’s apprentice. They think they can do what the sorcerer does. They try out his odd little spells which they have no idea how to control, and end up wreaking mayhem, because they don’t have a clue what they or doing or what their tricks will provoke.
In the end they will end up drowning under the mess they have created on their own. Not unlike the Disney Fantasia version. (Watch this to the end. It is great!)
