Tuesday, 17 December 2013
Europe is heading towards War: Italy warns about political insurrection
As long as the middle-classes are not affected, violence can be contained. It was the collapse of the middle-classes in Germany that led to Adolf Hitler's Rise. In the last few months, the middle-classes raided their saving accounts while those below have got themselves into debt at percentages of more than 1,000 per cent to try to make ends meet, in a losing battle for survival.
History repeats itself. Uncontrollable greed, massive speculation, and the absence of a real economy to support the value of the main currencies in a situation made worse by printing banknotes in what is deceptively called Quantitative Easing has created a bubble that is several times bigger than the 1929 bubble.