In These New Times

A new paradigm for a post-imperial world

Posts Tagged ‘Battle for Europe’

Why the EU had to bail out Greece

Posted by seumasach on February 11, 2010

“it would not be surprising if those global hedge funds and other speculators who have wagered heavily that they could force Greece out of the euro now get their fingers badly burned.”

“Meanwhile, where will the next currency explosion occur? Might it conceivably be here in Britain where the scale of budget deficits could threaten an eventual credit re-rating and lead to massive currency speculation against sterling? If so who will then show solidarity in coming to the aid of sterling? Being outside the euro might yet prove a very cold and vulnerable spot to be in.”

John Palmer


11th February, 2010

Are we witnessing the first, nervous steps by the euro currency countries to move to a European “economic government”?

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Europes Complicity in Evil

Posted by seumasach on September 13, 2009

Paul Craig Roberts


10th September, 2009

See also:

The European Revolution Begins

There is a widespread supposition that Obama, being black and a member of an oppressed race, will imbue US foreign policy with a higher morality than the world experienced from Bush and Clinton. This is a delusion.

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Posted in Multipolar world | Tagged: , , | Leave a Comment »

Anti-government rally in Ukraine

Posted by seumasach on February 23, 2009

About a thousand protesters have flocked to the streets of the Ukrainian city of Sevastopol, to rally against the government’s handling of the economy.

They called for the government’s resignation and new and fair elections.

“President Yushchenko, the government of Tymoshenko and the parliamentary majority consisting of oligarchs and NATO henchmen, who have shown that they are unable to get the country out of the crisis,”read a resolution of the rally participants. “Ukraine needs a total change of power, otherwise it will face famine, ruin and death.”

Many protesters headed to the city from other towns in Crimea to rally against growing unemployment and spiralling living costs.

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Governments growing nervous at increased social tensions

Posted by smeddum on February 6, 2009

Governments growing nervous at increased social tensions


Irish Times

JAMIE SMYTH EUROPEAN DIARY: A continent-wide sense of injustice leaves Europe vulnerable to an explosion of unrest ONE MILLION workers on the streets of France, wildcat strikes in Britain, rioting in Greece and the Baltic republics and sit-in protests by glass workers in Waterford: social unrest is spreading throughout Europe and no one knows where it is all going to end. Read the rest of this entry »

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In Ireland, “the game is up”

Posted by smeddum on February 5, 2009


Unrest brews as the government implements crisis measures to save the economy.

By Conor O’Clery – GlobalPost

Published: February 4, 2009 08:14 ET

DUBLIN — At 2 a.m., with time for compromise running out, the Irish prime minister finally presented his emergency plan for the floundering economy to the country’s trade union leaders. Read the rest of this entry »

Posted in Financial crisis | Tagged: | 1 Comment »

The European Revolution Begins.

Posted by seumasach on February 5, 2009

Cailean Bochanan

Glasgow, Scotland

5th February, 2009

“Our revels now are ended. These our actors,

As I foretold you, were all spirits, and

Are melted into air, into thin air:

And like the baseless fabric of this vision,

The cloud-capp’d tow’rs, the gorgeous palaces,

The solemn temples, the great globe itself,

Yea, all which it inherit, shall dissolve,

And, like this insubstantial pageant faded,

Leave not a rack behind. We are such stuff

As dreams are made on; and our little life

Is rounded with a sleep.”

The Tempest- William Shakespeare

A flurry of protest has broken out as the depth of the crisis becomes clear for all to see. And it can only get worse as the temple of neo-liberalism, the whole structure of the empire of fraud, begins to crumble returning to the shifting sands on which it was constructed. This is no transient economic crisis, rather it is the collapse of an illusory world of prosperity, a delusional bubble whose expansion is inversely proportional to real wealth creation. The UK , amongst the European powers, is the one which most typifies this parasitic nirvana, a nation which only a short while ago seriously thought it could count its wealth on the basis of the price of its real estate, the exploits of its city financiers and, incredibly, the strength of Sterling. But it is more widely, a ”Western” phenomena, a malaise of the peoples of Europe who have not yet, for all their culture, been able to cast off that assumption of privilege and primacy, consistent with our status as the  world’s great imperialists, and have been lured by the promise of eternal well-being, of  living life as a dream, as of by right.

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Posted in Revolution in Iceland | Tagged: , , | 1 Comment »

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