The Phaserl


British Central Bank Head Accuses Brussels of Creating Depression

from The Daily Bell:

“Europe’s deep economic malaise is the result of “deliberate” policy choices made by EU elites, according to the former governor of the Bank of England.” –UK Telegraph

One of the world’s most important central bankers, Mervyn King, has finally decided to tell the world what we’ve been reporting for years: Europe’s agonizing depression is deliberate.

The creation and the implementation of the euro was not in any sense what it seemed to be. In fact, it shows how deep elite schemes run and how cleverly they manipulate the media and “useful idiots” to serve their purposes.

The conversion to the euro was widely celebrated in Europe. Europeans were happy to scrap currencies that had lasted for hundreds and even thousands of years for this new bureaucratic invention.

In retrospect, it must seem like a destructive monetary wind swept over Europe, leaving behind seeds that would bear bitter fruit.

DB readers knew long ago. Here’s one of our articles on the subject from early 2012, entitled, “EU’s Prodi Admits Leaders Knew Euro Would Cause Ruin but Hoped Political Union Would Follow.”

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