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The EFSF is a good thing :)<br>
<br>
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.<br>
<br>
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.<br>
<br>
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.<br>
<br>
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?<br>
<br>
/a<br>
<br>
On 05.11.2011 20:17, Core TX wrote:
<blockquote
cite="mid:CADOB0dXVsKip+whcK7CwwPhckCwxEdp9qo-8vf3S6xg3rjoTYQ@mail.gmail.com"
type="cite">Blatant populism. I can make scary video as well -
especially when only telling half the story.<br>
<br>
<div class="gmail_quote">2011/11/5 lilo <span dir="ltr"><<a
moz-do-not-send="true" href="mailto:al3lilo@autistici.org">al3lilo@autistici.org</a>></span><br>
<blockquote class="gmail_quote" style="margin:0 0 0
.8ex;border-left:1px #ccc solid;padding-left:1ex;">from a
Spanish friend:<br>
<br>
<br>
<a moz-do-not-send="true"
href="http://www.courtfool.info/en_ESM_a_coup_d_etat_in_17_countries.htm"
target="_blank">http://www.courtfool.info/en_ESM_a_coup_d_etat_in_17_countries.htm</a><br>
<br>
URGENT !!!, SPREAD PLEASE!!!<br>
- A NEW EUROPEAN TREATY HAS BEEN SIGNED 11 JULY 2011 (It
hasn't appeared<br>
in any paper!!! , the cunning Bildelberg...sobs!!!<br>
- IF THIS TREATY GETS RATIFIED, IT IS THE END OF SOVEREIGN
DEMOCRACIES<br>
IN THE EUROZONE!!!<br>
<br>
###########<br>
<br>
As indicated in the precedent article "ESM, the new European
dictator" ,<br>
the Ministers of Finance of the 17 euro-countries, on July
11th 2011,<br>
have signed a Treaty for the Establishment of the European
Stability<br>
Mechanism. Its purpose it to make the citizens pay for the
hundreds of<br>
billions of euros that are pumped into the rescue funds to
save the euro<br>
and to get the national parliaments in a strangle hold.<br>
<br>
The signature was not noticed by the international press. Many<br>
journalists still confuse this new ESM-treaty with its
(illegal)<br>
predecessors, the European Financial Stabilisation Mechanism
(EFSM) and<br>
the European Financial Stability Facility (EFSF). De EFSF now
has a<br>
lending capacity of 440 billion euros. (1.000 billion since 27
October<br>
2011.) The ESM is without limit.<br>
<br>
At the moment of writing this treaty still has to be ratified
by the<br>
national parliaments in all 17 countries, except if such has
already<br>
taken place silently here and there.<br>
<br>
For a short introduction in the ESM-treaty you can view this
3.5 minutes<br>
video on YouTube:<br>
<br>
<a moz-do-not-send="true"
href="http://www.youtube.com/watch?v=rxMOW94V6xQ"
target="_blank">http://www.youtube.com/watch?v=rxMOW94V6xQ</a><br>
<br>
<br>
--<br>
~lilo~<br>
-hacktivist<br>
-marketing office<br>
-press office<br>
@ <a moz-do-not-send="true" href="http://partito-pirata.it"
target="_blank">partito-pirata.it</a><br>
-lay-auditor<br>
@ <a moz-do-not-send="true"
href="http://pp-international.net" target="_blank">pp-international.net</a><br>
<br>
_______________________________________________<br>
Pp-leaders.discussion mailing list<br>
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href="mailto:Pp-leaders.discussion@lists.pp-international.net">Pp-leaders.discussion@lists.pp-international.net</a><br>
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href="http://lists.pp-international.net/listinfo/pp-leaders.discussion"
target="_blank">http://lists.pp-international.net/listinfo/pp-leaders.discussion</a><br>
</blockquote>
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<br>
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