EU runs joke stress tests, 10% of banks still fail (user search)
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  EU runs joke stress tests, 10% of banks still fail (search mode)
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Author Topic: EU runs joke stress tests, 10% of banks still fail  (Read 530 times)
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Miamiu1027
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Posts: 36,562
United States


« on: July 15, 2011, 10:50:25 PM »

One more shock and Western Europe (along with the US) officially joins the Third World. 

obviously a dumb comment, but it contains inadvertent truth.  if 08 is any indication another systemic collpase would benefit the ruling class, as it already has its logic set up: these terrible times are here because we've lived beyond our means, the public sector and regulation are stifling the God-ordained job creators, so let's cut some trillions from programs underwriting health care for a few hundred million people, burn pensions, kill a few million jobs in the unspeakable public sector etc.  thus what do we have?  once you erase the social programs that have made the post-War west what it is, you've got yourself a classic oligarchical third world model, where some white people in suits and ties in control of the military preside over a morass of discontent and starvation.
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