Skip to content

The Euro crisis, debt laden lollipops and lambs to the slaughter

By Dark Politricks

The Euro is in meltdown.

People from all over the political spectrum agree on this fact from right wing Tories such as Danniel Hannan to the multitudes of economists and the thousands of public union workers out on the street in Greece or preparing to go on strike in the UK.

The only solution the Eurocrats seem to be able to come up with is throwing more money at already heavily debt laden countries.

This is the worst of all possible solutions and it reminds me of how when I left college back in the 90’s without a job to go to and every high street bank in my town were literally fighting themselves to throw large loans at me. I couldn’t pay them back and most of my mates who also took the loans had no intention of paying them back either. In those days we all thought we would be dead within the next few years from the the copious amounts of drugs and alcohol we consumed on a daily basis and to be honest I didn’t really care whether I was in debt or not as I didn’t believe I would ever need to pay it back.

My first £5,000 loan was spent within a month, most of it at my local pub. When the bank started hassling me for re-payments I told them I had no job and they said not to worry and gave me another even bigger loan to pay off the first one and to give me some extra spending money. In total this one bank gave me 6 loans ranging from £5k to £9k in less than 8 years. They also gave me an overdraft of £3k and a credit card with £2k on it – all without a job. They probably believed that because I was a graduate I was bound to get a well paid job and pay it off without a problem. Little did they know..

Was this in my best interest no. Was I to blame for my own indebtedness – yes. But should the banks have been throwing what seemed to me at the time free money without any kind of assurances that I would or could pay them back – most definitely not.

Most of my friends never paid back the tens of thousands of pounds they borrowed from the multitude of banks, credit cards and loan companies. They managed to avoid them for the neccessary length of time and now the ones who are not dead have mortgates and clean credit records. I tried going to Spain to avoid my debts but had to come back after a while for other reasons and I then had to spend the best part of a decade paying back all the debts I had accrued.

What this trip down my own memory lane shows is that the same situation is happening now only the unwise student who lived day to day has been replaced by a whole country, in fact a multitude of countries who all have little or no means of paying back the huge amounts of money being loaned to them under the auspicious of getting them out of trouble.

The worst thing we can do to someone who is already loaded up with debt and having trouble paying back the interest payments is to load them up with even more debt but then maybe that is the whole idea.

It seems that in this country the government and other powers that be wish to get the kids hooked on cheap debt as young as possible and in some ways they are no different to the mythical drug dealing ice cream man sitting outside a school gate.

When you are a young boy in this country you are not taught about money at school. If you were as a lucky as I was and sent to your local State Comprehensive school the most important things you learnt were how to skin up, how to fight , how to break any rule you didn’t like and piss off the teachers and most importantly how to steam into pretty girls.

Apart from a couple of lessons including History and English everything I got taught at school was bullshit that has left my memory a very long time ago. Everything that I have learnt that has led to my own success has been self taught and brought to bear through self motivation.

What kids at school really need to learn is how to live properly in a world full of temptation. The girls got a class in home economics where they learned to cook macaroni cheese and bake the odd cake or flan and the boys got to do woodwork and technical drawing. I don’t think any of our teachers thought we were destined for anything other than menial jobs, prison or a life on benefits. In fact it is a wonder I managed to come out the well adjusted socially consicious person I am today (cough cough).

When teenage boys are growing up they don’t plan for their future, heck they don’t even plan what they are going to do that night let alone what excuse they are going to give to their teacher for not doing the homework they were supposed to hand in that morning.

So when it comes to money, credit and debt all they see is expensive trainers, gold chains, good times and no consequences. Without any kind of guidance about the dangers of debt and the literal enslavement it brings to those caught within it’s grips they are like lambs to the slaughter leaving the college gates to walk like docile and stunned animals into the nearest high street bank to be given their first credit card and £5,000 graduate loan to “help them get started”.

Yes the parrallels are quite striking and though economics are not my strong points there are enough articles on this site of mine that explain the problems more than well enough for anyone to gain a proper education on the dangers of debt and fiat currency.

Greece is in severe trouble and so are a number of other EU countries who are literally cooking the books to prevent the bond vigilantes hitting them next.

At the moment it seems the only choices being given to these countries is to load them up with even more debt or sell off and privatise anything of value, spend the pension pots built up over decades, increase the retirement age and basically make the poor pay for the mistakes of the rich.

Neither option is fair and neither option should be at the forefront of our politicians minds with the way things are going. That is if they want to keep their well paid jobs, million pound houses, billionaire friends in the city and probably in the not too distant future all their bodily functions.

It all boils down to simple math. There are only a few rich people who caused this mess and there a hell of a lot more poor, or soon to be poor and angry people looking for someone to blame. You do the sums.


Related Posts with Thumbnails

Posted in Analysis & Review, Dark Politricks Articles, European Union, Finance & Economics.

Tagged with , , , , .

One Response

Stay in touch with the conversation, subscribe to the RSS feed for comments on this post.

  1. Christopher Sellars says

    Excellent and accurate analogy !

Some HTML is OK

or, reply to this post via trackback.

Support #altnews & keep Dark Politricks alive

Remember I told you over 5 years ago that they would be trying to shut down sites and YouTube channels that are not promoting the "Official" view. Well it's all happening now big time. Peoples Channels get no money from YouTube any more and Google is being fishy with their AdSense giving money for some clicks but not others. The time is here, it's not "Obama's Internet Cut Off Switch" it's "Trumps Sell Everyones Internet Dirty Laundry Garage Sale". This site must be on some list at GCHQ/NSA as my AdSense revenue which I rely on has gone down by a third. Either people are not helping out by visiting sponsors sanymore or I am being blackballed like many YouTube sites.

It's not just Google/YouTube defunding altenative chanels (mine was shut), but Facebook is also removing content, shutting pages, profiles and groups and removing funds from #altnews that way as well. I was recently kicked off FB and had a page "unpublished" with no reason given. If you don't know already all Facebooks Private Messages and Secret Groups are still analysed and checked for words related to drugs, sex, war etc against their own TOS. Personally I know there are undercover Irish police moving from group to group cloning peoples accounts and getting people booted. Worse than that I know some people in prison now for the content they had on their "secret private group". Use Telegrams secret chat mode to chat on, or if you prefer Wickr. If you really need to, buy a dumb phone with nothing for the NSA/GCHQ to hack into. Ensure it has no GPS tracking on it and that the battery can be removed. These are usually built for old people to get used to technology storing only a set of numbers to call. However they have no games, applications to install or other ways people can exploit the computer tracking device you carry round with you most of the day - your smart phone. If you are paranoid ensure that you can remove the battery when travelling around and do so to prevent GPS tracking or phone mast triangulation. Even with your phone in Flight mode or turned off, it can be turned on remotely and any features like front or back cameras, microphones and keylogging software can be installed to trace you.

So if your not supporting this site already which brings you news from the Left to the Right (really the same war mongering rubbish) then I could REALLY do with some..

Even if it's just £5 or tick the monthly subscription box and throw a few pound my way each month, it will be much appreciated. Read on to find out why.


Any support to keep this site would be appreciated. You could set up a monthly subscription for £2 like some people do or you could pay a one off donation as a gift.
I am not asking you to pay me for other people's articles, this is a clearing house as well as place to put my own views out into the world. I am asking for help to write more articles like my recent false flag gas attack to get WWIII started in Syria, and Trump away from Putin. Hopefully a few missiles won't mean a WikiLeaks release of that infamous video Trump apparently made in a Russian bedroom with Prostitutes. Also please note that this article was written just an hour after the papers came out, and I always come back and update them.

If you want to read JUST my own articles then use the top menu I have written hundreds of articles for this site and I host numerous amounts of material that has seen me the victim of hacks, DOS plus I have been kicked off multiple hosting companies, free blogging sites, and I have even had threats to cease and desist from the US armed forces. Therefore I have to pay for my own server which is NOT cheap. The more people who read these article on this site the more it costs me so some support would be much appreciated.

I have backups of removed reports shown, then taken down after pressure, that show collusion between nations and the media. I have the full redacted 28/29 pages from the 9.11 commission on the site which seems to have been forgotten about as we help Saudi Arabia bomb Yemeni kids hiding in the rubble with white phosphorus, an illegal weaapon. One that the Israeli's even used when they bombed the UN compound in Gaza during Operation Cast Lead. We complain about Syrian troops (US Controlled ISIS) using chemical weapons to kill "beautiful babies". I suppose all those babies we kill in Iraq, Yemen, Somalia and Syria are just not beautiful enough for Trumps beautiful baby ratio. Plus we kill about 100 times as many as ISIS or the Syrian army have managed by a factor of about 1000 to 1.

I also have a backup of the FOX News series that looked into Israeli connections to 9.11. Obviously FOX removed that as soon as AIPAC, ADL and the rest of the Hasbra brigade protested.

I also have a copy of the the original Liberal Democrats Freedom Bill which was quickly and quietly removed from their site once they enacted and replaced with some watered down rubbish instead once they got into power. No change to police tactics, protesting or our unfair extradition treaty with the USA but we did get a stop to being clamped on private land instead of the mny great ideas in the original.

So ANY support to keep this site running would be much appreciated! I don't have much money after leaving my job and it is a choice between shutting the server or selling the domain or paying a lot of money just so I can show this material.

Material like the FSB Bombings that put Putin in power or the Google no 1 spot when you search for protecting yourself from UK Police with "how to give a no comment interview". If you see any adverts that interest you then please visit them as it helps me without you even needing to give me any money. A few clicks per visit is all it takes to help keep the servers running and tag any tweets with alternative news from the mainstream with the #altnews hashtag I created to keep it alive!

However if you don't want to use the very obvious and cost free ways (to you) to help the site and keep me writing for it then please consider making a small donation. Especially if you have a few quid sitting in your PayPal account doing nothing useful. Why not do a monthly subscription for less money instead. Will you really notice £5 a month?