Euro Area

[Beskar]

I always wondered why an international corporate cartel having a stranglehold upon the democratic economies of the west is getting portrayed as "Communism" or "International Socialism" (which ideologically opposes such corporate cartels), especially as this cartel is forcing greater integration of the European Union at an accelerated rate due to the economic stresses exerted upon the sovereign debt of nations and the associated flawed policy of where pandering to the cartel apparently means more benefit for the common man of the European Community.

The "Great Economical Game" is at a stage where they cannot lose, the current system of capital investment is at the point where if they make a good debt investment, they gain profit and if they do not, they get bailed out. These rules need to change. The FX market - which sells and buys currency speculations is actually larger annually then global GDP. So if the most profitable way to make money is buy investing on specualtions, which do not even need to materialize. This is unfortunately has also given rise to a disturbing trend whereby an investor does not think that investing into production does not yield enough profit and invests in specualtions only, diverting the money away from the actual real-market. Something is definetely wrong with the system.

So can be done to solve this issue?

Contrary to popular belief of misguided individuals,one of the best ways to tackle this issue is infact: "More Socialism". By this phrase, I am talking about the transfer of power from the economical power brokers to the people of the European community. Opposed to pandering to the international corporate cartel, we should let them know there is such thing as a "bust". Instead of bailing out the banks, you bail out the people. According to figures I posted earlier in this thread, Britain so far has given more money in internal bailouts to the banking sector than the total sum of public debt. In short: We have given more money to the banks than what it would have cost to erase the debt of everyone living in the British Isles. Opposed to giving the money to the banks through allowing them to profiteer on Sovereign credit, the money should go to the people, who then the banks have to appeal to via legitimate market forces to pry from their hands.