I report this article by DI IDA MAGLI italianiliberi.it to contribute to the opening of a serious debate in Italy beyond the nonsense spoken by our politicians using the usual tools: taxes, rationalization of spending, fight against tax evasion. But if the problem is the monetary system that doesn’t work, how do you put a remedy without even addressing the topic? Anyone who touches European unity is almost guilty of “heresy”… we think that at least the monetary system is the thing that needs to be reviewed first.
We can’t wait any longer
It is clear to everyone that we are heading towards catastrophe. Yesterday, August 4, for the second time in 2011, the European stock markets were suspended due to unbridled losses in the price lists. In the end it turned out that Milan lost 5.6%. It is equally clear, however, that our leaders, everyone, from government politicians to opposition politicians, from the President of the Republic to the trade unions and industrialists, have decided to let us get to the bottom of it so as not to admit that the main cause of the situation it is the unification of the currency, and therefore recognizing that the project was wrong. It is surprising that even Berlusconi, accused of all possible and imaginable crimes, did not even make an allusion to this problem in the speech he gave to the Chamber and the Senate precisely to illustrate the economic situation of the country.
Yet returning to minting a currency whose value is correlated to our economy is the only healthy and reasonable path, not only for us but for many EU countries, such as Greece, Spain, Ireland, Portugal, given that it is evidently a fiction and a falsehood that such financially weak countries are holders of an apparently strong currency because it corresponds, under the name of “euro” to the old mark, even if it is called “euro”, a fiction and a falsehood that the markets and the stock markets are “rightly” destroying.
There is a lot of talk these days about the aggression of the euro by speculators, but we remain silent on the reasons why this speculation is capable of knocking us out so easily.
The euro is a currency manufactured (“issued”) by a bank that bears a fraudulent name: it is called the European Central Bank but the European states have almost nothing to do with it as it belongs to private citizens: (very rich bankers who own also a good part of other banks such as the Roschildts and the Rockefellers, kings and queens who were also very rich, such as Queen Beatrix of Holland (one of the richest women in the world), Queen Sofia of Spain, King Baudouin of Belgium, Queen of England Elizabeth II, etc. The euro, therefore, is a unique case in history: it has no state behind it and consequently no institutional entity capable of guaranteeing it. In short, there is a lot of talk about “sovereign” debts when we refer to the debts of States because it is the States that are “sovereign”, that is, they have power, territory, authority, peoples who depend on them and who at the same time guarantee their sovereignty; the European Central Bank obviously does not possess any sovereignty, just as the European Union does not possess it, and both are therefore not legitimized to produce and circulate any currency. The EU is like the UN, like UNESCO, an international organization (as such it rightly figures in geographical encyclopedias, not among states) and it would really make the UN laugh, for example, if it claimed to issue a valid currency for all the States that belong to it. The euro is therefore a “fake” currency and does not stand the test of facts as no one can guarantee it.
Even though he had not alluded to this problem in the slightest, there was evidence of it in the speech made by Berlusconi to reassure citizens and the social partners in the face of the losses marked by the stock market when he recalled that “half of the Italian government bonds are in the pockets of the Italians”, that is, it is the Italians who buy them. Therefore, those states (such as China for example) who reserve government bonds and the shares of the most important companies for the national stock exchange and for their own citizens are doing well, thus preventing foreigners from becoming owners, even without speculation. .There are now many websites where the question of the single currency and whether and how to get out of it are discussed with passion and competence. Only politicians and journalists continue to pretend that they can ignore these discussions. I highlight here only one of many, and I highlight it for a specific and decisive reason: it is that of a Party (“I love Italy”), that is, it belongs to the only ones who have the power to make decisions: the Parties. Our admirable democracy, in fact, allows us to speak, to discuss, to make proposals endlessly because we don’t possess even a crumb of power: we just do what they want.
and politics.
As regards the European Union and the single currency, the imposition of the will of politicians was similar to that of the Tsars or the most absolute dictators: the Italians are
were called to obey and that’s it. I therefore highlight Magdi Allam’s website in the hope that the presence of the president of a party is the signal that the problem of the euro will finally be brought up for discussion in Parliament.
Allow me here to make only one reservation regarding the contents of the proposal: it is essential to remain exclusively within the scope of the single currency and not to encroach, as is done on the site, into the discussion on Europe, its ideal meanings, abandoning it or not. Exit the euro and face all the problems that this entails: fix the exchange rate, nationalize the Bank of Italy (which is currently privately owned like almost all the EU central banks) and authorize it to mint money; decide what to do with debt in foreign hands, etc. it is a difficult undertaking that requires all the energy, will and many sacrifices on the part of both politicians and citizens. If we give in to the temptation to discuss exit from Europe at the same time, we will come up against very strong resistance and we will not be able to exit the euro in time to avoid being buried by its final crash. I emphasize this point exclusively based on the chances we have of at least being able to regain possession of monetary sovereignty. The project of the unification of Europe was so wrong from its origins that, despite the fact that more than sixty years have passed since its inception, we can see nothing other than the impossibility of its realization, except than with fiction. It would be enough to look with a minimum of objectivity at what it looks like today, with France deciding wars alone and Germany commanding more than when we were subject to the Habsburg Empire to know that the union does not exist.
But those who wanted it will never admit it, and they will not admit it because it was precisely this result they wanted, under the guise of a false unification. No one was more aware than Helmut Kohl that Germany’s leadership had to be disguised very well so as not to frighten a Europe which, to win, had even had to call on Russia and America for help. He had said it clearly: “We must all bind ourselves like Lilliput with Gulliver”, only he had not made it clear that Germany would provide the ropes.
source: Ida Magli www.italianiliberi.it – Link: http://www.italianiliberi.it/Edito11/non-si-puo-piu-aspettare.html
5.09.2011
#European #crisis #monetary #wait #longer
2024-03-21 23:31:42