Debt Rattle May 7 2017

[Raúl Ilargi Meijer]

Rembrandt Old Man Sitting 1631   • The Great Productivity Slowdown (WSJ) • Take Away Finance, and Britain’s Foreign Investment Figures Collapse (
[See the full post at: Debt Rattle May 7 2017]

[tabarnick]

“Europe must find an actual response to this, or face a lot of struggle. There are too many people living in all these countries”

That’s what some of us have been saying for quite some time! The latest numbers: nearly 6 000 migrants rescued Friday 5th and Saturday 6th (https://www.lemonde.fr/europe/article/2017/05/07/environ-6-000-migrants-secourus-en-deux-jours-en-mediterranee_5123607_3214.html). Enough tear-jerking stories about victims fleeing war and persecution. The top country of origin of Mediterranean migrants are Guinea, Nigeria, Cote d’Ivoire and Bangladesh. The current policy of welcoming millions of third-world peasants into Europe is barking-at-the moon madness. Unemployment has been over 12% for years in Italy. Italy is incapable of finding jobs for its own population. The idea that illiterate third-world peasants who speak no Italian will find jobs there is lunacy. We can expect them to be a burden to the societies where they will stay. They might turn homeless, live on charity or any street trade or criminality. Italien journalists have some pretty footage of the predictable results (before getting assaulted): https://www.romatoday.it/cronaca/francesca-parisella-aggredita-giornalista-matrix.html

Indeed there are millions in Africa, the Middle-East or South Asia who dream of moving to the western world. The only sane policy is to discourage them by any means. Intercept the “boats” that human traffickers have put the migrants on, and escort them to safety to the nearest port… back to Libya or Tunisia. Break the business model of the modern slavers, do NOT encourage it in any way. Otherwise you can only expect impoverishment, rising anger, radicalization, and escalating violence.

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