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Operation Disclosure | By David Lifschultz, Contributing Writer
Submitted on June 7, 2022
EUROPEAN UNION POISON
COMPLIMENTS OF THE LIFSCHULTZ ORGANIZATION FOUNDED IN 1899
What this video does not explain is that when the euro was created the southern countries currencies were overvalued so imports became cheaper and their exports became too expensive. So companies as Fiat were unable to export their cars. And they became the debt slaves of Germany.
I quote an analysis of what Italy gained by joining the EU or Euroland: “For one Volkswagen sold in Italy, we were selling six Fiats in Germany; for one Renault sold in Italy, we were selling seven Fiats in France; and for one Volvo sold in Italy, we were selling nine Fiats in Sweden. Now is quite reversed. So, since the Gospel says that the “quality of a tree is visible from his fruits” it is so easy to say that this European Union is poisonous for Italy.”
European Debt Crisis Explained
Posted: 2022-06-07 00:04:23-04
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The European Union failed to consolidate debt when creating its European utopia. Policymakers are solely to blame for creating their debt crisis, and it is hard to believe that no one saw this coming. The creation of the euro and European Union was so poorly planned that it is another example of comedy writing itself.
The post European Debt Crisis Explained first appeared on Armstrong Economics.
The United States is presently incurring a 1.5 trillion dollar deficit per year in its current account having racked up a 15 trillion net deficit position in its current accounts to date. This is entirely attributable to the fact that the foreign currencies are rigged against the dollar as indicated in the link next below.
Robert Rubin Correspondence – David Lifschultz
David Lifschultz
THE LIFSCHULTZ ORGANIZATION
DAVID@LIFSCHULTZORGANIZATION.COM
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