Archive for August 25th, 2019


August 25, 2019
























Ernest Montague

Oakland, CA Aug. 19


[135 Recommend]



@Ernest Montague






David in Le Marche

Italy Aug. 19

@Patrice Ayme




27 Recommend

I replied:    

@David in Le Marche







Others focused on doing what they do best, aggressive lying:


Germany Aug. 20

@Patrice Ayme:












Kenneth Thomas





Nicolas Berger

FranceAug. 20

@Patrice Ayme






Patrice Ayme

Ongoing German Lies Destroying Europe, & World: 2) Debt & Investment

August 25, 2019

In light of the Biarritz 2019 G7 Summit:

German lies have long reigned as European lies: one of the causes of Brexit. Nobody says it, so I will: the British could only feel good, because their central bank provided their economy with enough “liquidities”… Not the case in Europe, because the ECB, tied in by German (and secondarily) French plutocracies, barely provided enough money to keep hundreds of millions of Europeans alive. The British then, felt there was something right about the UK keeping its independance… and they were right.

For years, US presidents (in particular Obama and Trump) have asked the European Union to augment “consumer spending”, or “demand”. The US can’t ask loudly Europe to augment investment (except in military matters, where the USA have long asked for more EU spending) but they mean it More surprising, Europeans themselves are lackadaisical about investing… or anything else having to do with a better future….


We Are, Because We Lie… says the herd, and it moos, all together now. What makes a better bound than a lie?

Plutocrats and the plutocracies they depend upon, lie. Otherwise, they would not stay in power: only with lies can a few rule the billions. Those lies, initially imposed on the billions, are believed by the billions. Attacking those lies, thus, means attacking those billions.

For Estienne La Boétie (a close friend of Montaigne who was also a judge) the great mystery of politics was obedience to rulers. Why do people agree to be looted and otherwise oppressed by government overlords? It is not just fear, Boetie explains in “The Discourse on Voluntary Servitude, Le Contr’un,” for our consent is required (La Boétie naively thought). And that consent can be non-violently withdrawn (even more naive: as soon as one strays, one’s career is destroyed, thus the power to eat, let alone influence…)

To go beyond Estienne La Boétie, and his observations on voluntary servitude, one has to realize that obedience is not as much to rulers themselves, as to lies. Systems of lies.


German fascism rested on lies:

The camp of those who think Germany is lying has grown a lot: Trump is in it, and now even Trump’s nemesis Paul Krugman agrees with the liar in chief on Germany. German readers may object that France also lies (and everybody knows about delusional, Brexiting UK). However German lies are convenient for French corrupt politicians, Germany (in spite of all the fascist dictators), having a reputation for seriousness.

One may even argue that Germany ended up with monsters such as the Kaiser and Hitler, precisely because it had such  a serious, quasi-scientific repute… Which the Germans were the first to believe. 


Lies Rule History: 

How did Germany become this fascist, racist monster, Friedrich Nietzsche stridently condemned, telling us it would bring a disaster to humanity, a full 35 years before the Zweite Reich? By telling lies. And first of all, to itself.

How come France was so unprepared to fight a world war with Germany in May 1940, after declaring war to Hitler, eight months prior? By telling lies. In this case the lies were from the French High Command, to itself. And from the French government to itself: one doesn’t launch a world war without checking first one is ready (and to be ready, France had to go to war in Spain against hitler and Mussolini)

Disasters and holocausts are often accompanied with lies, or by their mildest, yet most pervasive form, “non-saids” (“non-dits” in the original French). One such lie, or enormous “non-said” pertains to erroneous attitudes of Germany in several dimensions. Nowadays. (Instead one focused on the Greeks.) Here are some of the errors, by order of importance: immigration, ecology, and European economy activity and the attending debt problem. I will ignore the attitude to (mass) immigration (of Muslims, not all of them integrable): its main effect was Brexit. Even Krugman, following Trump, sort of, has to admit there is something rotten in Germany… As I have said for more than a decade.  


Want to see what lies lead to? Consider carefully the two curves in the graph below:

Degenerating, increasingly impoverished Europe. The blue EU curve, above, is similar to that of France and Germany… Except. of course, France is increasingly lagging, as German policy has been effectively advantaging Germany Uber Alles, all along, as usual… Bankrupt banking in Germany is the great secret advantage…

I have explained that those things would happen, and why, for years. Now they have. Paul Krugman (leftist Nobel star editorial of the New York Times, famous “liberal” economist) didn’t understand for years, what the problem was and now, not only does it, but his position is quite close, in practice, to… Donald Trump. (And Trump is not as far from Obama in several dimension, from MAGA, America First, to debt and championing the US economically through mercantilist policies…)

Paul Krugman in The World Has a Germany Problem

The debt obsession that ate the economy.

“…he’s [Trump] preparing to open a new front in the trade war, this time against the European Union, which he says “treats us horribly: barriers, tariffs, taxes.” 




What the European sheeple doesn’t understand is that Public Debt can be defaulted upon. The USA did this many times. It’s painful for investors. But no big deal for a truly sovereign country (thus, not Argentina… or Russia…). 

I have explained many times: Public debt is, should everything go wrong, and a default on that debt occur, a possible, partial tax. Thus European governments, by substituting tax to debt, preventing the latter by splurging in the former, engaged in the worst outcome, basically taxation equating debt going into default, while calling this over-taxation, moral and prudent.


And Paul Krugman to explain:


Notice here that Krugman is criticizing Obama… now… whereas at the time he didn’t (but I did, stridently; Obama didn’t do then what Trump is doing now, namely beating the drum for a stronger economy by helping We The People directly…)



And Paul explains that “Why is this a problem? Europe suffers from a chronic shortfall in private demand: Consumers and corporations don’t seem to want to spend enough to maintain full employment…

The European Central Bank, Europe’s counterpart to the Federal Reserve, has tried to fight this chronic weakness with extremely low interest rates — in fact, it has pushed rates below zero, which economists used to think was impossible…. Indeed, much of Europe may well already be in recession, and there’s little if anything the central bank can do.


Most of the costs of German fiscal obstinacy fall on Germany and its neighbors, but there are some spillovers to the rest of us… characterizing this as a situation in which Europe is taking advantage of America gets it all wrong, and is not helpful.



As we will see next the de-industrialization of Europe, for example France, and soaring mediocrity, is striking, and is directly related to the (plutocrat favoring) austerity… The main champion of this disaster has been the one who profited the most from it, relatively speaking, but not absolutely speaking, Germany. And its weapon of mass destruction of the neighbors, has been the attitude relative to debt and deficits: giant in the US, tiny in Europe… Whereas, in truth, Europe needs debt more than the USA does…

Germany developed and pushed that attitude, precisely because it provided it with an arrogant advantage inside Europe. But this is a childish, all too childish, game, the one which brought us world wars: intra European strife leads Europe only to ever greater degeneracy… not just relative to the rest of the world (aside from the even more degenerating Prophet land), but, more importantly relative to what is needed to preserve Earth…

Patrice Ayme