The Euro is a failed experiment

[EE_]

It needs to end.
I was listening to a Princeton professor just a bit ago, he made sense that Greece should reintroduce their drachma.
He explained how Europe is different then the US, where one state in the US with high unemployment could be given more unemployment benefits. Also people in the US are more mobile regarding relocating for work. In Europe, you don't have that. There are different cultures and languages.

So moving along in my mind, the euro needs to end.
Now once all the European countries have their own currency again, and their governments inflate their currencies to try to be competitive, how do people protect themselves from the devaluing currencies?
1. By buying/holding a stronger currency. But since all currencies are phony, they are all subject to being devalued.
This becomes a joke, jumping from currency to currency and paying fees to convert.
2. Hold the universal currency that has been a currency for over 3,000 years, real money, where you are your own central bank.
This is a huge problem for the bankers, which I think is playing out right now.

There is one more option, bitcoin. The question is, how long will it be viable?

[Ares]

There is one more option, bitcoin. The question is, how long will it be viable?

Good question, one I think only time will be able to answer.

Currently Bitcoin is up 30 FRN's since last Friday.

[monty]

Yes, it is failed, it just needs to play out. Maybe the bankers will lose one.

[gunDriller]

It needs to end.
I was listening to a Princeton professor just a bit ago, he made sense that Greece should reintroduce their drachma.

There is one more option, bitcoin. The question is, how long will it be viable?


most of these states were viable at some point during their history.

even the Socialist states, e.g. Norway Sweden & Finland, had high standards of living, without debt financing like the US - but their societies were mostly White & intelligent folks.


the Euro has been tainted by the mortgage & debt bullsh.t.

it's possible that it was a good idea.

BUT - they proved they can't make it work.


and Scandinavia is not so Nordic any more.

though that relates a lot to the policies of Israel & the US & England, who worked together to make the middle East un-live-able.

[EE_]

It's starting to sound like the Greek government is working with the ECB to crush the Greek people into signing a deal to stay in the euro.

They made no plans to print IOU's or drachmas. Things are going to get very desperate for the people. They just might take the deal?
The bankers said the banks will open the next day.

You know the bankers have not given up the fight yet, to keep their printing presses and their power over the people.

[Horn]

Deplorable conditions can't be blamed on fiat itself, hence the hype about Greece actually controlling its own destiny. The Euro has worked well to keep all of Europe well under the hoof of the money masters. Members of the ECB are more concerned with decorating their homes than a strong E.U.

Bitcoin would usher in even more deplorable conditions, cause of all the knockoffs in litecoin and others. If it were somehow made the only and singular acceptable, its intrinsic value would showup immediately. 0

[Horn]

http://gold-silver.us/forum/attachment.php?attachmentid=7691&stc=1

[Neuro]

http://gold-silver.us/forum/attachment.php?attachmentid=7691&stc=1
Cheap compared to WWII reparations payed to Israel...

[Horn]

Its all under control, the U.S. and U.K. are equal partners and interest share holders in Greece's union.

[singular_me]

as long as we have fiat money/usury, all systems will fail by design... just as borders and property rights, invented to give and steal from us as how THEY see fit, using boom-bust-peace-war cycles.

what for since we all end up dying eventually ??? LOL

shift in awareness is coming...

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https://www.youtube.com/watch?v=pHERmJmK1SU