DOLLAR MUß LEBEN,
WENN DER EURO STERBEN SOLLTE.
THE DOLLAR MUST SURVIVE / EURO
by Michael Nier
by J M Damon
original is posted at
We Germans have been worrying
about our money for a long time.
Since the black weeks of the
stock-market crash in August, we
have been living in crisis mode.
In fact, DER SPIEGEL magazine
titled its issue of 22 August 2011
(The Collapse of Money.)
The middle classes are worried
most of all, since their
prosperity is built on debt.
Despite respectable earnings they
have oversized mortgages on
oversized houses and oversized
payments on oversized cars.
They put extravagant vacations on
In addition to this, everybody has
a policy or two among the ninety
million life insurance policies as
well as several funds and maybe
certficates for the hundred
billion or so Euros in
More than a few “smart
investors” have bought these
certificates on credit...
It is perfectly normal to have
anxieties about the future now
that a new world recession and
growing unemployment are predicted
The government securities with
which our insurance policies are
stuffed are getting shaky.
Panic is popularized in the
mainstream media and this panic is
gladly tolerated, possibly even
desired by the powers that be.
Remember that there is no such
thing as co-incidence in the
mainstream media regarding
subjects of general concern –
think of the government’s
psychological preparations for war
in Libya, Syria and Iran.
We are constantly warned of the
vital necessity of rescuing the
Euro and we are told that there is
absolutely no alternative to
In “Gerlish” this the “TINA
Imperative” (TINA = There Is No
In days gone by, Chancellor Schröder
would have responded to such
pecuniary authoritarianism with
A number of Euro states, including
Great Britain, are for all
practical purposes bankrupt and
should so declare as such.
The existence of the Euro can be
prolonged only if the hopelessly
indebted states that still have
some appearance of solvency assume
the debts of the hopelessly
indebted states that are obviously
The EU states that still appear
solvent are Germany, Holland,
Austria, Finland and Luxemburg.
By demanding cash collateral for
assisting Greece, however, Finland
has dropped out of the fanatical
EU solidarity clique.
Only Germany remains as protector
of the Euro.
“Last one out, turn off the Euro
It is thanks solely to Germany
that the European Union is an
An exit by Germany would totally
devastate it and cause the
deformed national economies on its
periphery to immediately sink into
economic and political chaos.
Already there are harbingers of
chaos and the dissolution of
public order everywhere we look.
Even here in Saxon Frankenberg,
windows are indiscriminately
smashed and in Chemnitz burning
automobiles illuminate the night
as the LUMPENPROLETARIAT
makes its presence known.
In order to understand the
policies and anticipate coming
events, we have to be familiar
with the axioms of neoliberalist
If we investigate the axioms of
the West in general and the
European Union in particular, we
find the following to be true:
The First Axiom is: The power of
the USA and the continuing
existence of the dollar as the
principal world reserve currency
must not be challenged!
The Second Axiom is: No
impediments may be placed in the
path of the financial markets, and
globalist policy must be the
“maidservant of the finance
The Third Axiom is that no
limitations may be placed on free
trade among the transnational
corporations and their plundering
of weaker national economies.
The Fourth Axiom is that there are
no alternatives to the European
Union and the Euro, which must be
preserved at all costs.
The Fifth Axiom is that on behalf
of international financiers, money
must be extracted from the nations
and their social systems in order
to secure the debt obligations of
the governments and cover the
speculative debts of the banksters.
The Sixth Axiom is that rebellious
or dissenting groups must feel the
full power force of the law in
order to maintain “public
The currency war emanates from the
Washington’s war aims are to
destabilize the Euro Zone, enable
speculation in Euro Zone state
debt and devalue the Dollar in
order to revive, exports from the
The EU and the so-called Federal
Republic of Germany devoutly
support America’s war aims.
When the USA demands liquidation
of the Euro, the Federal Republic
will immediately resurrect the
Dmark and allow the Euro bubble to
Washington has not yet arrived at
the point of instructing Germany
to dump the Dmark, however.
Our American mentors still need
The European Union is the economic
and financial staging area for
their ongoing campaign against
Russia, as well as the financial
base of NATO’s European
The European Union is utterly
obedient to the Anglo Saxon
Its financial policies serve the
interests of Anglo Saxon financial
institutions, while EU politicians
insure speculation through
permanent bank bailouts of Wall
Street and the City of London.
They agree that it is necessary
for England’s ancient war
against Germany to continue – a
war that England has been waging
since the founding of the Second
Reich in 1871 and the onset of
Many EU policies are
comprehensible only if we
recognize them as an effusion of
the ancient chauvinism of
Germany’s traditional enemies.
If Germany piles up debts of
another two and a half trillion in
order to rescue the Euro (in
addition to the two trillion it
has already accumulated) it will
collapse economically, socially
The plan of the power elite in
England is for Germany to poison
For this reason, we can be
relatively sure that the Euro will
continue to exist until
Germany’s bitter end.
On page 19 of the magazine
“Economy Week” for 22 August
201 there is a delightful cartoon
of Junkers, Berlusconi and Barroso
in front of an open bank safe
having Germanys emblem, helping
themselves to Euros and stuffing
them into a blue sack decorated
with EU stars.
The title of the article reads:
“Open door for the safecrackers.
By curbing debt and financial
regulations, Chancellor Merkel and
President Sarkozy are attempting
to calm the markets.
After this will come ‘solidarity
As of August, the European Central
Bank had paid out around 100
billion Euros to buy up state
bonds of insolvent Euro countries.
In addition to this, the German
Central Bank has already loaned
out around 340 billion Euros in
transactions between central banks
of the Euro system.
It is extremely unlikely that
these amounts will ever be repaid,
and the farce is becoming ever
Under European Council President
Herman Van Rompuy we will have an
economic government for the
European Union that will override
the laws of the various national
We already have the EFSF (European
Financial Stability Facility)
under Klaus Regling (who is paid a
mere 300,000 Euros.)
This is a joint stock company
founded on 7 June 2010 with
headquarters in Luxemburg and an
initial capital of 31,000 Euros.
Its function is to receive 440
billion Euros in state bonds
backed by the Euro Zone countries.
For Germany, 148 billion Euros is
at stake - the DEUTSCHE
FINANZAGENTUR GMBH (German
Finance Agency Ltd. is organizing
issuance of state bonds.
At the special summit meeting of
the European Council it was
decided that the EFSF (European
Financial Stability Facility)
should buy the bonds of bankrupt
states on the secondary market.
To this end, approval by the 17
member states of the Euro zone is
After 2013 the EFSF will be
replaced by the ESM (European
Stability Mechanism), which will
The initial treaty was signed at a
meeting of the European Council on
11 July 2011.
The ESM is in fact designed as a
European monetary fund and is
being developed according to that
Following approval by the national
parliaments the ESM is answerable
to no one, and it enjoys judicial
immunity as well.
Its jurisdiction will be
extraterritorial as well.
The conceptual treaty is available
on the Internet.
It is a monstrous document
providing for deluded, absolute
domination of Europe by the
It places permanent rule over the
economy and finances of the EU
securely in the hands of the
The individual states of the EU
will lose decisive rights of
To make sure that the public will
not politically oppose future
additional schemes to rescue the
Euro, it is being driven into a
The power elite is attempting to
convince the people that the
usurpation of individual rights is
necessary for their economic
protection, and this usurpation
will probably be successful.
Acting in the best conservative
tradition, several German
professors are pursuing legal
actions in the BUNDESVERFASSUNGSGERICHT
against the professed rescuers of
The oligarchy will manage to
dispense with them in “friendly
fashion” of course.
There are still a few democratic
hurdles in the EU states, but the
parliaments are already softened
up, and the bourgeois pseudo
leftists in the SPD, Left Party
and the Greens are passionately in
favor of European economic
governance as well as EU state
Fear of a politically strong
Germany and “evil” German
nationalism is inciting them to
treason against their fellow
They are not bothered by the fact
that under the ESM (European
Stability Mechanism) will come
disintegration such as England,
Greece and Spain have experienced.
Perhaps they even welcome it.
Perhaps they are secretly wishing
The EFSF (European Financial
Stability Facility) will now be
augmented with additional
legislation, since the Euro crisis
is continuing to accelerate.
Euro Bonds are already here in the
form of acquisitions and buy-outs;
soon they will be introduced
When that happens, Germany will be
allowed to take on ever more debt
for the entire European community.
Sometime after that, the debt
avalanche will bury us in national
Of course we can also move in the
direction of hyperinflation.
Wealthy Germans are already moving
their money to foreign havens and
buying gold and silver for
Some day, knowledge and
realization of the monstrous
policies adopted by our our power
elite will filter down into the
social consciousness of the
By then, however, we will have
translator is a Germanophilic
Germanist who makes noteworthy
German articles available to those
who do not read German.
article is available in MSF Word
format on request.