Tuesday, 23 August 2011

Fundamental Change Of Regime & Extensive Surrender Of National Sovereignty

"Unless and until a fundamental change of regime occurs involving an extensive surrender of national fiscal sovereignty, it is imperative that the no bail-out rule that is still enshrined in the treaties and the associated disciplining function of the capital markets be strengthened, and not fatally weakened."

DEUTSCHE BUNDESBANK
Monthly Report
August 2011 PDF HERE


As GermanyWatch has mentioned previously - Germany will keep the Euro crisis going until the other members beg her to take their sovereignty in return for cash.

More on this subject from GermanyWatch
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4 comments:

  1. Anonymous23 August 2011 at 01:43

    Christ, they're getting cocky!

    ReplyDelete
  2. Anonymous24 August 2011 at 16:56

    The EEC was the brainchild of Goering in the 1940's. The third reich is still alive and kicking aided and abetted by the Quislings of the so-called member states.

    ReplyDelete
  3. GermanyWatch24 August 2011 at 17:21

    The EEC idea was furthered by Goering & co, but Friedrich List was the main designer for a German dominated EEC, in the 1840s.

    ReplyDelete
  4. Anonymous26 August 2011 at 13:03

    yes i agree the German economy is thriving while the rest of Europe is static.
    why is that?
    because it was designed that way.
    just because there is a cease fire in northern Ireland did not mean the IRA went away there are people who believe in their believes

    ReplyDelete

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