The Phantom Recovery, A Institutional Deception

1Beware bankers-what-now
Do you recall the removal of Silvio Berlusconi, the Italian prime minister, by the banks and the insertion of one of their own Technocrats as his replacement?
All done without an election by the People…
The banker technocrats now have control and the banks will solve the financial problems because only the bankers comprehend the complex financial issues, right?
Who, now, believes this deception? ~Ron

[Italy’s] levels of sovereign debt, the number of bankruptcies and the rate of unemployment are perpetually setting new records.

Bungle Bungle: Italy’s Failed Economic Turnaround


Photo Gallery: Italy's Dire Crisis Photos

Ever since Matteo Renzi became Italy’s new prime minister, officials in Berlin and Brussels have had newfound belief that Italy’s deep-seated economic problems are being tackled. But that won’t happen until the country stops deceiving itself.

[…] Stores are closing, tradespeople are being let go and manufacturing is collapsing all over Italy, especially in the south. Many young academics are leaving the country. While productivity elsewhere has climbed over the past two decades, it has stagnated in the Italian manufacturing industry. There has been hardly any growth for at least as long. The crisis has struck an economy that was already ailing: Since the summer of 2007, Italy’s overall level of industrial production has declined by a quarter.
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4 comments on “The Phantom Recovery, A Institutional Deception
  1. n3angus says:

    Western Water Grab – Another Means of Control?


  2. RonMamita says:

    US, UK And France Ready For A Syria No Fly Buffer Zone


  3. RonMamita says:

    2 Different pursuits in monetary reform

    One possibility acknowledges the deviousness played with deceptive fakes while the true objective is the opposite; a second possibility speculates that yes the major institutions are all in agreement and global monetary reform will implement the SDR’s weighted currencies to maintain a controlled international monetary system…

    Jim Willie

    04 Oct 2014
    Jim guesses that Russia doesn’t want to remain in the corrupt West controlled system (perhaps they want their own controlled system?) but China has the numbers for the next wave of momentum with a large productive region and currency. Jim thinks its likely that the China/Russia partnership is only giving lip service and a head fake to not alarm the West until it is too late. At that time the goal will achieve the BRICS monetary system will marginalize West monetary system (BIS, central bank controlled USDollar). Dollar will be devalued in relation to Gold and Silver.

    Joseph Farrel

    Published on Oct 9, 2014
    American federal lawsuits and European GMO producers, and China makes a bid to enter the SDR (special drawing rights) basket of currencies, a unit of account used in central bank transactions.


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The Worldwide Awakening
Peaceful Awareness & Knowledge Based TransitionSeptember 11, 2017
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October 2014
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