Thursday, April 14, 2016

The anti-euro movement moves to France

(COMMONDREAMS) A police crackdown will not deter France’s burgeoning Nuit Debout (or ‘Up All Night’) movement that has swept across the country in recent weeks as the unifying call for change sparked protests in over 50 cities this weekend.
Riot police early Monday cleared the encampment in the Place de la Republique in central Paris after 11 nights of protest, but demonstrators have vowed to maintain their nightly vigil.Demonstrations this weekend were held in as many as 60 cities and towns across France as well as in Belgium, Germany, and Spain, according to reports, as an estimated 120,000 protested against austerity, globalization, increasing inequality, privatization, and the continent’s severe anti-migrant policies.

What do they complain about?


But that may not be enough as another protest has been announced for Monday evening. For months, ideological tensions have been on the brink of combustion across France and greater Europe, particularly in response to the European Union’s unpopular austerity economics and, more recently, the anti-migrant policies that have taken hold amid the larger crackdown on rights following the bombings in Brussels and Paris. Meanwhile, observers are connecting France’s leftist upsurge with similar pro-democracy movements taking hold across Europe and the United States. 

All of those complaints are anti-euro.  Austerity, certainly; control of their own borders, yes.   The nations having revolts are Greece, Spain, partially Portugal, and now France.  Germany, looking at long term gains or losses may well grant their wish.  The Germans see the migration problem as a problem with Euro. 

The borders are now returning to national borders as the nations build fences.  So this protest group will win, France controls its own borders.  If they want migrants, North Africa and the Middle East can deliver a 100 million.  Their economies are collapsing along with the commodity crash.

This group seems not to understand the situation, Germany will grant their wish. Germany would like nothing better then for France to take the refugees. And here is another clue, those refugees will be spending a bitter cold in Germany, and will themselves  trek on to France.

What is the global outlook?

Japan is insolvent, Europe disintegrating back to national rule. The American consumer broke. Middle East and North Africa collapsing, China having a very rough transition.  Global trade is miniscule, except the supply glut of oil. Italy's bad debt. Brazil critical, Venezuela gone.  India the only bright spot. The US is evacuating two major cities due to debt default. This is the generational debt cycle, and all the advanced economies have it, mostly because the mass slaughter of WW2 synchronized all the sex.

But,but,but.

We been there, done this; once a generation.  Each time the technology of banking improves. We have the technology for a smooth and productive change in money.  We get the problem, the technology can generate fair helicopter pick up and delivery.

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