The Indelible Bonobo Experience

Renaissance Monkey: in-depth expertise in Jack-of-all-trading. I mostly comment on news of interest to me and occasionally engage in debates or troll passive-aggressively. Ask or Submit 2 mah authoritah! ;) !

Quote Post
Nearly 70 years after the end of WW2 Germany controls all of Europe. The irony.. They don’t have an army! Who would’ve thought that the key to German world domination would end up being an international banking conspiracy?
—

The Daily Show with Jon Stewart

(for those who don’t know, Hitler and Nazis blamed the Jews and their banking for Germany’s ruin and hyperinflation; verbotten to own land, many Jews ended up in banking in Medieval Europe because Christian laws forbade Christians from engaging in “usury” which back then meant all interest-bearing lending)

Posted in germany europe jon stewart usury lending banking jews conspiracy fun comedy
Photo Post
A few facts and figures. At $12.2 trillion in 2010, the eurozone’s gross domestic product is more than twice as big as that of China and its income per capita is more than four times as high. And yet there’s the eurozone’s emissary, Klaus Regling, going cap in hand begging for handouts. How can a region be so rich and yet apparently so poor at the same time? It’s a paradox which goes to the heart of the problem of global imbalances. What in effect is happening is that the Chinese earn far more than they spend. The consequent surplus in earnings and production is saved and exported. It’s a funny old world that has some of the poorest people in the world lending to some of the richest to buy the goods they make but cannot themselves afford to buy, but that’s the way it is. (via Europe kowtows to the Chinese dragon – Telegraph Blogs)

A few facts and figures. At $12.2 trillion in 2010, the eurozone’s gross domestic product is more than twice as big as that of China and its income per capita is more than four times as high. And yet there’s the eurozone’s emissary, Klaus Regling, going cap in hand begging for handouts. How can a region be so rich and yet apparently so poor at the same time? It’s a paradox which goes to the heart of the problem of global imbalances. What in effect is happening is that the Chinese earn far more than they spend. The consequent surplus in earnings and production is saved and exported. It’s a funny old world that has some of the poorest people in the world lending to some of the richest to buy the goods they make but cannot themselves afford to buy, but that’s the way it is. (via Europe kowtows to the Chinese dragon – Telegraph Blogs)

Posted in china eu lending borrowing capital europe kowtow dragon