When chaos comes

January 30, 2013 2 Comments
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A guestpost from Amfortas

When Chaos comes,it can be triggered by unexpected, tiny things being in the wrong place at the wrong time, even minding its own beeswax.

The largest and most complex machinery can suddenly and catastrophically grind to a halt in a shower of sparks and loud groaning noises as gantries shear and collapse.

It just takes one cotter pin to fail, allowing a nut to unscrew and…….

So we look at the financial world, and specifically the Eurozone.

http://www.testosteronepit.com/home/2013/1/28/leaked-mario-draghi-and-his-triumvirate-shut-up-german-finan.html

It made for another bitter Eurozone irony: the democratically elected finance minister of a country whose taxpayers have to pay more than any other for the bailouts got shut down by unelected Eurocrats who, in a continued power grab, postulated that Cypriot banks, their bondholders, their depositors, even their uninsured depositors, even Russian “black money” depositors had a “right” to the German money (and anyone else’s). And if Schäuble refused, it would blow up the entire Eurozone.

Schäuble’s response hasn’t bubbled to the surface yet. And bailout queen Chancellor Merkel, who is trying to avoid tumult ahead of her elections, has a new headache. Read… Russian “Black Money” Threatens To Boot Cyprus Out Of The Eurozone

2 Responses to When chaos comes

  1. mikebravo
    January 31, 2013 at 9:25 am

    A quick bit of rule bending and a loan from a fishreies contingency fund and all will be well.
    The euro can lurch on to it’s next iceberg.

  2. Furor Teutonicus
    February 1, 2013 at 6:02 am

    XX And bailout queen Chancellor Merkel, who is trying to avoid tumult ahead of her elections, has a new headache.XX

    Not really. Because our voters are exactly as imbicilic as British voters. They will vote for the same old shite again, and again, and again.

    They do not vote because of the amount of money given away, or whether we should have “energy sparing” candles instead of real light bulbs, but because “that nice man from the CDU/FDP/SPD/etc, fixed my pavement.”

    Add to this, there is no political party with a cats chance in Hel of WINNING an election, that would do it any differently.

    Plus, with this “Proportional representation” crap, it means fuck all. The same old bag of bollox no matter WHO “wins.”

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