Monday, May 25, 2015

EU TO COLLAPSE

Submitted by: Donald Hank

If Sockman is right (see article below), and I think he is, then the end of the European Central Bank is near and the EU economy is about to collapse.
And then what? Well, what if China, which got to be the no. 1 world economy thru thrift and hard work (aside from whatever mistakes it may have made), would be the only country left that could pick it up again. But would it do so without some badly needed strings attached? Like demanding that Europe drop the Keyneisian-socialist nonsense and act like a real economy again. This outcome is not a prediction but it is a dream of mine. The same could happen with the Keynesian-based US economy.
It would be a wonderful thing to watch the West guided by the East into living within its means and reining in the runaway spending.
Keynesianism is nothing but the flesh and blood embodiment of general spiritual failure, as I pointed out here http://www.americanprophet.org/The-reprobate-Keynesian-mind_795.htm.
Don Hank
 

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