Money. Debt. "Economics".
Right. So the European prime ministers and all them have reached a new conclusion to the debt-problems. Note the word debt. There is going to be some kind of fund with a lot of money (€1000.0000.0000.0000), which all countries are going to add to.
All these countries have failing economies, and they are going to pull some money from their failing internals to put into a fund that will do something for everyone. They assume. This will of course increase the money-problem (read: more debt).
Greece's money problems are cut in half (they do not have to pay back half the money they got from the other European countries). Does this not increase the money-problem for the others? (More debt.)
And finally, the Dutch prime minister stated reinforcing the emergency fund (that thing with too many zeroes) now has the firing power of a bazooka. Any idea who will get hit by that? And we are going to have "a growing economy". In my layman's words that would mean that more money will go round (and end up in the same bulging pockets as where most is already. Which, amazingly, will increase debt.
We live in debt. And as long as this lunatic circus of increasing, more, and faster money is kept in place, it will only get worse.
Laugh at communities like the Amish and such, but in that respect I think they are better off than most of us. The idea of a self-supporting community with no money and no debts is becoming more and more appealing.
All these countries have failing economies, and they are going to pull some money from their failing internals to put into a fund that will do something for everyone. They assume. This will of course increase the money-problem (read: more debt).
Greece's money problems are cut in half (they do not have to pay back half the money they got from the other European countries). Does this not increase the money-problem for the others? (More debt.)
And finally, the Dutch prime minister stated reinforcing the emergency fund (that thing with too many zeroes) now has the firing power of a bazooka. Any idea who will get hit by that? And we are going to have "a growing economy". In my layman's words that would mean that more money will go round (and end up in the same bulging pockets as where most is already. Which, amazingly, will increase debt.
We live in debt. And as long as this lunatic circus of increasing, more, and faster money is kept in place, it will only get worse.
Laugh at communities like the Amish and such, but in that respect I think they are better off than most of us. The idea of a self-supporting community with no money and no debts is becoming more and more appealing.