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2banon

(7,321 posts)
15. That was a very interesting and informative talk.
Wed Feb 4, 2015, 07:05 PM
Feb 2015

There was so much packed in it I had to listen to it twice. One of several items that really grabbed my attention was the economic situation with union workers in Germany. I had no idea they were being squeezed by a system ripped right from the playbook of Big Business here in the U.S.

I had always been confused about the structure/system of the Euro and how it actually worked. I had no idea that the value of the Euro was not equal among Euro nations. One might ask, what the hell was the point in setting that system up and agreeing to join in the first place, but we know the answer to that.

I enjoyed his humor also, I could listen to him speak again and again. I'm not sure of his conclusions with regard to another collapse at least not quite as soon as maybe he's likely thinking. When the collapse happened here in the U.S. in 2008 - with bailouts waiting to fall in place, I'm pretty much of the mind that the PTB simply will not "allow"a another collapse , in so far as they're in control of economic outcomes on a macro level, I just don't think they'd be ready to let it go there again anytime soon.

But then again, there's a hell of a lot i don't know and yet to understand.










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