[pp.int.general] [Pp-leaders.discussion] EU: ESM-treaty

[Amelia Andersdotter]

The EFSF is a good thing :)

One of the problems in the eurozone is that the eurozone can't handle so 
called "asymmetrical crises" (crises that hit only one or a few parts of 
the union, say, Greece or Portugal). Such an asymmetrical crisis could 
happen if, for example, there was a big dip in world agricultural 
product prices (like wine and meat - that would strike hard against 
Spain) or, say, highly specialised designer goods (mostly Italy). 
"Asymmetrical" refers to the fact that the crisis does not affect the 
entire eurozone equally.

When only one part of the eurozone is affected by a crisis with 
subsequent loss of job opportunities and economic growth, while the 
relative strength of their currency (how much commodities cost) are 
determined by the successes of parts of the eurozone not in a crisis it 
means that people who would have ordinariy been a bit poor, end up very 
very poor since they basically try to survive in a "rich" country 
playing field on a "poor" country wage.

This type of stabilizing fund is meant to correct that. The fund can 
push money into "poor" regions while their crisis sorts out. The other 
(and much better) alterantive could be to increase the European Union 
budget which is currently 5% of EU GDP to maybe 40-50% of the EU GDP. In 
the US, for instance, the federal government sometimes uses sums up to 
40% of the federal GDP can be used only to stabilize economies when 
crises such as the above described occur in some part of the US.

Polemically, maybe the EU wasn't such a good idea. The EU, this emailing 
list and other cross-border contacts should be immediately closed. 
Travelling outside Sweden without a visum - who needs it?

/a

On 05.11.2011 20:17, Core TX wrote:
> Blatant populism. I can make scary video as well - especially when 
> only telling half the story.
>
> 2011/11/5 lilo <al3lilo at autistici.org <mailto:al3lilo at autistici.org>>
>
>     from a Spanish friend:
>
>
>     http://www.courtfool.info/en_ESM_a_coup_d_etat_in_17_countries.htm
>
>     URGENT !!!, SPREAD PLEASE!!!
>     - A NEW EUROPEAN TREATY HAS BEEN SIGNED 11 JULY 2011 (It hasn't
>     appeared
>     in any paper!!! , the cunning Bildelberg...sobs!!!
>     - IF THIS TREATY GETS RATIFIED, IT IS THE END OF SOVEREIGN DEMOCRACIES
>     IN THE EUROZONE!!!
>
>     ###########
>
>     As indicated in the precedent article "ESM, the new European
>     dictator" ,
>     the Ministers of Finance of the 17 euro-countries, on July 11th 2011,
>     have signed a Treaty for the Establishment of the European Stability
>     Mechanism. Its purpose it to make the citizens pay for the hundreds of
>     billions of euros that are pumped into the rescue funds to save
>     the euro
>     and to get the national parliaments in a strangle hold.
>
>     The signature was not noticed by the international press. Many
>     journalists still confuse this new ESM-treaty with its (illegal)
>     predecessors, the European Financial Stabilisation Mechanism
>     (EFSM) and
>     the European Financial Stability Facility (EFSF). De EFSF now has a
>     lending capacity of 440 billion euros. (1.000 billion since 27 October
>     2011.) The ESM is without limit.
>
>     At the moment of writing this treaty still has to be ratified by the
>     national parliaments in all 17 countries, except if such has already
>     taken place silently here and there.
>
>     For a short introduction in the ESM-treaty you can view this 3.5
>     minutes
>     video on YouTube:
>
>     http://www.youtube.com/watch?v=rxMOW94V6xQ
>
>
>     --
>     ~lilo~
>     -hacktivist
>     -marketing office
>     -press office
>     @ partito-pirata.it <http://partito-pirata.it>
>     -lay-auditor
>     @ pp-international.net <http://pp-international.net>
>
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>
>
>
>
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