Reinvent Democracy by Creating Three Dimensional 3D Democracy

Archive for November 15, 2011

Financiers’ Reich is Buying Some European Countries

European Countries Sovereign Debt Owed to German Banks

I intend to investigate an assumption that major German and British investment banks and financiers who are the main creditors and lenders for many European countries in the last twenty years deliberately created the current European sovereign debt disasters to gain control over certain countries.

The reason behind this accusation is very logical and clear. To protect investors, normal creditors in any situation shall definitely refrain from lending to any already heavily indebted entity or state.

The questions posed here to readers are:

1- Do you have any idea why these investment banks and financiers provided bad debts?

2- Do you know the names and ownerships of the major investors and creditors to each European country in crisis?

3- Why the EU institutions did not warn and intervene before approving the loans to heavily indebted countries?

4- Why the EU is suddenly very vigorous in dealing with debt default and bankruptcy while they were watching the clear problems in the making?

5- What made elected governments exceed any reasonable debt ceiling and overspend beyond their capacity?

6- Why the essential financial and economic prerequisites of the EU were relaxed and allowed heavily indebted countries to gain membership?

7- How far the EU and the financial markets are legally allowed to topple democratically elected governments and appoint unelected rulers?

8- What are the invisible relationships between the EU institutions and those investment banks and financiers?

9- Why the credit rating system was not applied to states that exceeded reasonable Debt/GDP ratio?

10- Why very rich countries like the USA, Germany, Luxembourg, Belgium, Switzerland, Austria, Sweden, Denmark, Finland, Norway, France, and the UK are the top indebted countries without interference?

I appreciate any information and comments on these questions to let everybody know the truth behind the unholy alliance between bankers; bureaucrats; and senior officials in any country.