Oh, you’ll read the stories about how many medications aren’t being imported in Greece, sheets are being re-used in hospitals, suicides have skyrocketed, and trash collection is erratic at best, but these articles are few and far between. The dire conditions and the depopulation of Ireland and Latvia get even less press.
Post Tagged with: "European socialism"
March 21, 2013 16:31
Cyprus and the EU Excesses – Where We’re Headed?
The government devised a plan to levy a 10 percent tax of all citizens’ savings in order to bail out the struggling nation. This ill-advised plan sparked panic across the globe …
March 7, 2013 08:06
An Infinite Amount of Money – Et Tu, Italy?
Too many in power just don’t see the impending crisis that you and I see, or at least they don’t see the need to act now.
January 11, 2013 05:58
If Stimulus Worked We’d All be Rich
British MEP Daniel Hannan explodes the myth of central government stimulus spending. If printing government money out of thin air worked why not just give everyone a few hundred million dollars and we’d all be rich. We could pay 50% in taxes, there would be no debt, no need for welfare and and everyone could buy whatever they want. This is the ultimate lunacy of Keynesian deficit spending.
November 27, 2012 07:06
European Union and the Failed Welfare State
Could it be that rich and productive countries are tired of subsidizing social welfare, re-distribution of wealth schemes, failed multiculturalism, and sloth?
November 20, 2012 06:54
“Entirely Self-Made” Debt Crisis; I Love My Family But …
The average 7th grader likely understands that he cannot spend more money than he has for years on end. The average economist does not.
November 15, 2012 08:13
Austerity Riots Coming to a City Near You
After two generations of entitlement indoctrination, the socialist welfare state is collapsing under its own unaffordable weight. It is the inevitable result of socialism. Too many Americans still vote a party because of a generation of propaganda molding their beliefs. Too many Americans are still willing to sell their vote and their freedom for a hand out in the form of a tax credit, healthcare, pension bailout, school loan, farm subsidy or a thousand other imagined benefits from a morally and fiscally bankrupt government as long as it is paid for by ‘someone else’.
October 24, 2012 05:04
Euro ‘Bailouts’ are a means for total subjugation of nation states – Nigel Farage
Nigel Farage MEP, Leader of the UK Independence Party (UKIP), Co-President of the ‘Europe of Freedom and Democracy’ (EFD) Group in the European Parliament mocks the award of the the Nobel peace prize being awarded to the EU. Farage says Europarl members who are for bailouts want to subjugate the nations that get bailouts.
October 10, 2012 05:58
European Banks Facing Disastrous Sell Off
That would hurt credit and crimp growth by 4 percentage points next year in Greece, Cyprus, Ireland, Italy, Portugal and Spain, Europe’s periphery. – Bloomberg
September 21, 2012 07:14
Eurozone Steepest Contraction Since June 2009; Unwarranted Hope and Reflections on Panic! Economists Can Neither Think Nor See
The global recession which started in Europe, is strengthening led by further declines in the eurozone.
