Loading ...EURO PEONS ARE SO FOOKED
Protests Start in Europe as Belgium Prime Minister Warns that the European Economy will Come to “Full Stop” in a “Few Weeks
Protests are starting all across Europe due to rising energy costs, and this is probably just the tip of the iceberg as leaders all across Europe are warning that a total economic collapse may be imminent, as they prepare for massive social unrest in the weeks ahead.
Belgium Prime Minister Alexander De Croo is one of the latest leaders to sound the warning, as he stated in an interview with Bloomberg News:
A few weeks like this and the European economy will just go into a full stop. Recovering from that is going to be much more complicated than intervening in gas markets today.
The risk of that is de-industrialization and severe risk of fundamental social unrest.
I honestly do not see any other choice than doing market interventions. We don’t get a second chance to prove as 450 million Europeans that we take things in our hands. What you are seeing today is a massive drainage of prosperity out of the European Union.
“Intervening in gas markets” of course means doing just what European governments and the U.S. government have been doing for the past several years, which is having their Central Banks create more money to bail out failing industries and send “stimulus” checks to people.
There is just one glaring problem with this strategy: it won’t produce more needed energy, and it will cause inflation, possibly hyperinflation, so that the cost of everything else, including food, will skyrocket out of control. It is akin to pouring gasoline on a fire and hoping it will put it out.
So people are going to suffer either way, and they are going take out their frustrations on the government. And while we have seen massive protests in the past year or so over COVID measures, we have yet to see the kind of social unrest that will occur when people cannot buy food and face starvation.
Thousands of people took to the streets this weekend in Austria, and people are waking up to the fact that this is not Russia’s fault, but the fault of the sanctions against Russia.
An emergency meeting of EU energy ministers took place on Friday, and there appeared to be sharp disagreements regarding sanctions against Russia and who was to blame for the energy crisis in Europe:
The Italian elections could be the beginning of the end of the EU. It will be followed by a winter that should prove calamitous. Europeans are about to meet reality, and that reality should cause an explosive response.
In Italy there are 3 new parties that are well aware of the situation and want to end Russia sanctions they are trying to organize a demonstration the week before the election against Meloni that is completely in favour of Nato.
Polls gives 50% of population that want to lift the sanctions but ALL the parties from left to right wants the sanctions to remain.
These new parties have almost NO access to the media they are silenced because they are showing the truth.
It’s an unprecendented situation but I think this wimp stupid population deserves hard times so maybe they will wake up (or die).