Comments on: The danger of dictating to Germany Wed, 16 Nov 2016 01:37:11 +0000 hourly 1 By: dvodvo Sun, 22 Jul 2012 18:42:09 +0000 Thanks Laurence for your article which is absolutely to the point. I am writing this as a German who is indeed very angry with all those Euro-fanatic politicians (and related criminals in the background), including our own government. I can only hope that our prime court will not only realize how devastating the ESM would be for both economics and democracy, but actually prohibit it.

By: GMavros Fri, 15 Jun 2012 08:04:40 +0000 ‘Goldman Sachs: Involvement in the European sovereign debt crisis’  ?topic=7928.0

“Goldman is being criticized for its involvement in the 2010 European sovereign debt crisis. Goldman Sachs is reported to have systematically helped the Greek government mask the true facts concerning its national debt between the years 1998 and 2009.

In September 2009, Goldman Sachs, among others, created a special credit default swap (CDS) index to cover the high risk of Greece’s national debt. The interest-rates of Greek national bonds have soared to a very high level, leading the Greek economy very close to bankruptcy in March and May 2010 and again in June 2011.

Lucas Papademos, Greece’s new prime minister, ran the Central Bank of Greece at the time of the controversial derivates deals with Goldman Sachs that enabled Greece to hide the size of its debt. Petros Christodoulou, head of Greece’s debt management agency began his career at Goldman Sachs.

Mario Monti, Italy’s new prime minister and finance minister, who heads the new government that took over after Berlusconi’s resignation, is an international adviser to Goldman Sachs. So is Otmar Issing, former board member of the Bundesbank and the Executive Board of the European Bank.

Mario Draghi, the new head of the European Central Bank, is the former managing director of Goldman Sachs International. Antonio Borges, formerly head of the IMF’s European Department is a former vice chairman of Goldman Sachs International. Peter Sutherland, former Attorney General of Ireland is a non-executive director of Goldman Sachs International.

Karel van Miert, former EU Competition Commissioner is an ex-international adviser to Goldman Sachs. These ties between Goldman Sachs and European leaders is an ongoing source of controversy.”

By: GMavros Fri, 15 Jun 2012 06:26:43 +0000 Germany has failed to dominate Europe, again.
All this nonsense here is just a poor cover-up attempt of the facts. Greece is no different than any other Euro member. Besides Greece, Portugal & Ireland we now have Spain & Italy not far behind, and then Germany will have to leave the Euro itself, as there will be no one left to buy their expensive exports. The informed & intelligent South Europeans are revolting. Merkel is to join Sarkozy very soon.
Global criminal financial institutions & equally criminal politicians & Elites are behind this grand Ponzi Scheme, which has already been uncovered & reported by all legitimate news media. Some of the major players include Goldman Sachs, JPMorgan, Citi Group, Deutsche Bank Group with their Corrupt Politician Accomplices. The victims of course are the unsuspecting tax paying working citizens.
Yes, for the long run, Greece & everybody else are better off going back to their own currencies, because the Euro was designed to profit only the very few industrialized nations, Germany the most, their most recent attempt in dominating Europe.
This is 21st Century Economics & Finance, aka, ‘Global Fraud’.

By: Anonymous Sun, 10 Jun 2012 01:15:34 +0000 As a German-American, I think Mr. Copeland makes some sound suggestions. Two world wars, I have sometimes observed, should make people think twice about getting Germans angry. Withdrawal from the eurozone in response to being repeatedly presumed upon is the most Germanic response I could think of. Now that he has mentioned it, I am starting to wonder if it can be avoided.

By: Robbedoes Sat, 09 Jun 2012 09:04:36 +0000 Hear, Hear! I share your concern; the southern European countries/people usually make a lot of noise and in the end hardly ever produce any results. The Germans usually do not make a lot of noise, but are very effective .. even at being angry.

History is always (re)written by the conquerors. It will prove very wise not to discard history