UNITED STATES: ‘ NEW CRUDE OIL FLOODS MARKETS CAUSING GLOBAL OIL PRICES TO DIP ‘

#AceFinanceNews – UNITED STATES – October 13 – So why is this happening? Partly because the United States keeps producing more and more oil, but also partly because some conflict-ridden countries are starting to pick up production.

Libya, for one, is boosting its oil output after civil war and internal tensions had shut things down for a spell. Iraq’s oil sector is slowly recovering.

All that new crude is flooding the market, causing global prices to dip.

Meanwhile, potential economic slowdowns in both Germany and China are driving down forecasts for oil demand (and reducing prices further).

#AFN2014

#china, #germany, #global, #iraq, #libya, #oil, #prices, #united-states

` European Parliament Member believes it is wrong for `European Union ‘ to Grant of Financial Aid ‘ to the ` Ukraine ‘

#AceFinanceNews – MOSCOW – March 25 – Pino Arlacchi, member of the European Parliament, believes it is wrong of the European Union to grant financial aid to Ukraine and suggests confiscating funds of Ukrainian oligarchs invested in European banks.

The funds Ukrainian oligarchs invested in European banks, exceeding 50 billion euro, should be confiscated and channelled for relief to Ukraine, he said in an interview with Itar-Tass.

He believes the new composition of the parliament of the European Union will endorse such a resolution regarding Ukraine.

He noted that such measures had been approved for North Africa, when the funds of dictators of Egypt, Tunisia and Libya were confiscated. So, there exist juridically substantiated mechanisms for that, Arlacchi said.

He noted, however, that there was a need for a request for this from the Ukrainian government, which is so far under oligarchs’ control.

Arlacchi recalled that the European Union had prepared an economic package for relief to Ukraine in the amount of 11 billion euro.

Criticizing this stand he noted that two billion euro out of the sum was a grant that was actually a gift to the corrupt government that could not guarantee the return of the funds.

Arlacchi noted it was irresponsible to give such a loan to the Ukrainian government.

#AFN2014

#egypt, #european, #european-parliament, #european-union, #libya, #moscow, #north-africa, #tunisia, #ukraine, #ukrainian

` Gunmen force a vehicle to stop and rob it of as much as $600,000 whilst transferring money to Libyan Bank’

#AceFinanceNews – LIBYA – 24 March – As much as $600,000 was stolen from a van transporting money to a Libyan bank when gunmen forced the vehicle to stop and robbed it, according to local media.

Five men were reportedly involved in the incident.

The van was transporting money from a telecommunications company in the port city of Derna.

The city is a stronghold for hard-line Islamists and is largely out of government control.

#AFN2014

#islamists, #libya, #libyan

Tavistock: The Best Kept Secret in America

Formed in 1947, the Tavistock Institute is an independent not-for-profit organization which seeks to combine research in the social sciences with professional practice. Problems of institution-building and organizational design and change are being tackled in all sectors – government, industry and commerce, health and welfare, education, etc. – nationally and internationally, and clients range from multinationals to small community groups. A growth area has been the use of a developmental approach to evaluation of new and experimental programs, particularly in health, education and community development. This has also produced new training events alongside the regular program of group relations conferences. The Institute owns and edits the monthly journal Human Relations (published by Plenum Press) which is now in its 48th year, and has recently launched (in conjunction with Sage Publications) a new journal Evaluation.

Three elements combine to make the Institute unusual, if not unique: it has the independence of being entirely self-financing, with no subsidies from the government or other sources; the action research orientation places it between, but not in, the worlds of academia and consultancy; and its range of disciplines include anthropology, economics, organizational behavior, political science, psychoanalysis, psychology and sociology.

The ideology of American foundations was created by the Tavistock Institute of Human Relations in London. In 1921, the Duke of Bedford, Marquess of Tavistock, the 11th Duke, gave a building to the Institute to study the effect of shellshock on British soldiers who survived World War I. Its purpose was to establish the “breaking point” of men under stress, under the direction of the British Army Bureau of Psychological Warfare, commanded by Sir John Rawlings-Reese.

Tavistock Institute is headquartered in London. Its prophet, Sigmond Freud, settled in Maresfield Gardens when he moved to England. He was given a mansion by Princess Bonaparte. Tavistock’s pioneer work in behavioral science along Freudian lines of “controlling” humans established it as the world center of foundation ideology. Its network now extends from the University of Sussex to the U.S. through the Stanford Research Institute, Esalen, MIT, <http://watch.pair.com/Hudson.html>Hudson Institute, <http://watch.pair.com/heritage.html>Heritage Foundation, Center of Strategic and International Studies at Georgetown, where State Dept. personal are trained, US Air Force Intelligence, and the Rand and Mitre corporations. The personnel of the corporations are required to undergo indoctrination at one or more of these Tavistock controlled institutions. A network of secret groups, the Mont Pelerin Society, Trilateral Commission, Ditchley Foundation, and the Club of Rome is conduit for instructions to the Tavistock network.

Tavistock Institute developed the mass brain-washing techniques which were first used experimentally on American prisoners of war in Korea. Its experiments in crowd control methods have been widely used on the American public, a surreptitious but nevertheless outrageous assault on human freedom by modifying individual behavior through topical psychology. A German refugee, Kurt Lewin, became director of Tavistock in 1932. He came to the U.S. in 1933 as a “refugee”, the first of many infiltrators, and set up the Harvard Psychology Clinic, which originated the propaganda campaign to turn the American public against Germany and involve us in World War II.

In 1938, Roosevelt executed a secret agreement with Churchill which in effect ceded U.S. sovereignty to England, because it agreed to let Special Operations Executive control U.S. policies. To implement this agreement, Roosevelt sent General Donovan to London for indoctrination before setting up OSS (now the CIA) under the aegis of SOE-SIS. The entire OSS program, as well as the CIA has always worked on guidelines set up by the Tavistock Institute.

Tavistock Institute originated the mass civilian bombing raids carried out by Roosevelt and Churchill purely as a clinical experiment in mass terror, keeping records of the results as they watched the “guinea pigs” reacting under “controlled laboratory conditions”. All Tavistock and American foundation techniques have a single goal—to break down the psychological strength of the individual and render him helpless to oppose the dictators of the World Order. Any technique which helps to break down the family unit, and family inculcated principles of religion, honor, patriotism and sexual behavior, is used by the Tavistock scientists as weapons of crowd control.

The methods of Freudian psychotherapy induce permanent mental illness in those who undergo this treatment by destabilizing their character. The victim is then advised to “establish new rituals of personal interaction”, that is, to indulge in brief sexual encounters which actually set the participants adrift with no stable personal relationships in their lives, destroying their ability to establish or maintain a family. Tavistock Institute has developed such power in the U.S. that no one achieves prominence in any field unless he has been trained in behavioral science at Tavistock or one of its subsidiaries.

Henry Kissinger, whose meteoric rise to power is otherwise inexplicable, was a German refugee and student of Sir John Rawlings-Reese at SHAEF. Dr. Peter Bourne, a Tavistock Institute psychologist, picked Jimmy Carter for President of the U.S. solely because Carter had undergone an intensive brainwashing program administered by Admiral Hyman Rickover at Annapolis. The “experiment” in compulsory racial integration in the U.S. was organized by Ronald Lippert, of the OSS and the American Jewish Congress, and director of child training at the Commission on Community Relations. The program was designed to break down the individual’s sense of personal knowledge in his identity, his racial heritage. Through the Stanford Research Institute, Tavistock controls the National Education Association. The Institute of Social Research at the National Training Lab brain washes the leading executives of business and government.

Such is the power of Tavistock that our entire space program was scrapped for nine years so that the Soviets could catch up. The hiatus was demanded in an article written by Dr. Anatol Rapport, and was promptly granted by the government, to the complete mystification of everyone connected with NASA. Another prominent Tavistock operation is the Wharton School of Finance, at the University of Pennsylvania. A single common denominator identifies the common Tavistock strategy—the use of drugs. The infamous MK Ultra program of the CIA, in which unsuspecting CIA officials were given LSD, and their reaction studied like “guinea pigs”, resulted in several deaths.

The U.S. Government had to pay millions in damages to the families of the victims, but the culprits were never indicted. The program originated when Sandoz AG, a Swiss drug firm, owned by S.G. Warburg Co. of London, developed Lysergic Acid [LSD]. Roosevelt’s advisor, James Paul Warburg, son of Paul Warburg who wrote the Federal Reserve Act, and nephew of Max Warburg who had financed Hitler, set up the <http://watch.pair.com/FreedomHouse.html#ips>Institute for Policy Studies to promote the drug. The result was the LSD “counter-culture” of the 1960s, the “student revolution”, which was financed by $25 million from the CIA.

One part of MK Ultra was the Human Ecology Fund; the CIA also paid Dr. Herbert Kelman of Harvard to carry out further experiments on mind control. In the 1950s, the CIA financed extensive LSD experiments in Canada. Dr. D. Ewen Cameron, president of the Canadian Psychological Association, and director of Royal Victorian Hospital, Montreal, received large payments from the CIA to give 53 patients large doses of LSD and record their reactions; the patients were drugged into weeks of sleep and then given electric shock treatments.

The U.S. Government had to pay millions in damages to the families of the victims, but the culprits were never indicted. The program originated when Sandoz AG, a Swiss drug firm, owned by S.G. Warburg Co. of London, developed Lysergic Acid [LSD]. Roosevelt’s advisor, James Paul Warburg, son of Paul Warburg who wrote the Federal Reserve Act, and nephew of Max Warburg who had financed Hitler, set up the <http://watch.pair.com/FreedomHouse.html#ips>Institute for Policy Studies to promote the drug. The result was the LSD “counter-culture” of the 1960s, the “student revolution”, which was financed by $25 million from the CIA.

One part of MK Ultra was the Human Ecology Fund; the CIA also paid Dr. Herbert Kelman of Harvard to carry out further experiments on mind control. In the 1950s, the CIA financed extensive LSD experiments in Canada. Dr. D. Ewen Cameron, president of the Canadian Psychological Association, and director of Royal Victorian Hospital, Montreal, received large payments from the CIA to give 53 patients large doses of LSD and record their reactions; the patients were drugged into weeks of sleep and then given electric shock treatments.

Today the Tavistock Institute operates a $6 Billion a year network of Foundations in the U.S., all of it funded by U.S. taxpayers’ money. Ten major institutions are under its direct control, with 400 subsidiaries, and 3000 other study groups and think tanks which originate many types of programs to increase the control of the World Order over the American people. The Stanford Research Institute, adjoining the Hoover Institution, is a $150 million a year operation with 3300 employees. It carries on program surveillance for Bechtel, Kaiser, and 400 other companies, and extensive intelligence operations for the CIA. It is the largest institution on the West Coast promoting mind control and the behavioral sciences.

One of the key agencies as a conduit for secret instructions from Tavistock is the Ditchley Foundation, founded in 1957. The American branch of the Ditchley Foundation is run by Cyrus Vance, former Secretary of State, and director of the Rockefeller Foundation, and Winston Lord, president of the Council on Foreign Relations.

[Editor, Tim Aho’s note: The wife of Winston Lord (CFR, Bilderberg, Skull & Bones), Bette Bao Lord (CFR, Bilderberg), is Chairman of the Board of Freedom House whose manipulation of the Christian Right via the Religious Persecution issue is documented in our report <http://watch.pair.com/FreedomHouse.html>Freedom House: A CFR Front.]

One of the principal but little known operations of the Rockefeller Foundation has been its techniques for controlling world agriculture. Its director, Kenneth Wernimont, set up Rockefeller controlled agricultural programs throughout Mexico and Latin America. The independent farmer is a great threat to the World Order, because he produces for himself, and because his produce can be converted into capital, which gives him independence. In Soviet Russia, the Bolsheviks believed they had attained total control over the people; they were dismayed to find their plans threatened by the stubborn independence of the small farmers, the Kulaks.

Stalin ordered the OGPU to seize all food and animals of the Kulaks, and to starve them out. The Chicago American, February 25, 1935 carried a front page headline, SIX MILLION PERISH IN SOVIET FAMINE; Peasants’ Crops Seized, They and their Animals Starve. To draw attention from this atrocity, it was later alleged that the Germans, not the Soviets, had killed six million people, the number taken from the Chicago American headline by a Chicago publicist.

The Communist Party, the Party of the Peasants and Workers, exterminated the peasants and enslaved the workers. Many totalitarian regimes have found the small farmer to be their biggest stumbling block. The French Reign of Terror was directed, not against the aristocrats, many of whom were sympathetic to it, but against the small farmers who refused to turn over their grain to the revolutionary tribunals in exchange for the worthless assignats. In the United States, the foundations are presently engaged in the same type of war of extermination against the American farmer.

The traditional formula of land plus labor for the farmer has been altered due to the farmer’s need for purchasing power, to buy industrial goods needed in his farming operations. Because of this need for capital, the farmer is especially vulnerable to the World Order’s manipulation of interest rates, which is bankrupting him. Just as in the Soviet Union, in the early 1930s, when Stalin ordered the Kulaks to give up their small plots of land to live and work on the collective farms, the American small farmer faces the same type of extermination, being forced to give up his small plot of land to become a hired hand for the big agricultural trusts. The Brookings Institution and other foundations originated the monetary programs implemented by the Federal Reserve System to destroy the American farmer, a replay of the Soviet tragedy in Russia, with one proviso that the farmer will be allowed to survive if he becomes a slave worker of the giant trusts.

Once the citizen becomes aware of the true role of the foundations, he can understand the high interest rates, high taxes, the destruction of the family, the degradation of the churches into forums for revolution, the subversion of the universities into CIA cesspools of drug addiction, and the halls of government into sewers of international espionage and intrigue. The American citizen can now understand why every agent of the federal government is against him; the alphabet agencies, the FBI, IRS, CIA and BATF must make war on the citizen in order to carry out the programs of the foundations.

The foundations are in direct violation of their charters, which commit them to do “charitable” work, because they make no grants which are not part of a political goal. The charge has been made, and never denied, that the Heritage-AEI network has at least two KGB moles on its staff. The employment of professional intelligence operatives as “charitable” workers, as was done in the Red Cross Mission to Russia in 1917, exposes the sinister political economic and social goals which the World Order requires the foundations to achieve through their ” bequests “.

Not only is this tax fraud, because the foundations are granted tax exemption solely to do charitable work, but it is criminal syndicalism, conspiracy to commit offenses against the United States of America, Constitutional Law 213, Corpus Juris Secundum 16. For the first time, the close interlocking of the foundation “syndicate” has been revealed by the names of its principle incorporators—Daniel Coit Gilman, who incorporated the Peabody Fund and the John Slater Fund, and became an incorporator of the General Education Board (now the Rockefeller Foundation); Gilman, who also incorporated the Russell Trust in 1856, later became an incorporator of the Carnegie Institution with Andrew Dickson White (Russell Trust) and Frederic A. Delano. Delano also was an original incorporator of the Brookings Institution and the Carnegie Endowment for International Peace.

Daniel Coit Gilman incorporated the Russell Sage Foundation with Cleveland H. Dodge of the National City Bank. These foundations incorporators have been closely linked with the Federal Reserve System, the War Industries Board of World War I, the OSS of World War II and the CIA. They have also been closely linked with the American International Corporation, which was formed to instigate the Bolshevik Revolution in Russia. Delano, an uncle of Franklin Delano Roosevelt, was on the original Board of Governors of the Federal Reserve System in 1914. His brother-in-law founded the influential Washington law firm of Covington and Burling. The Delanos and other ruling families of the World Order trace their lineage directly back to William of Orange and the regime which granted the charter of the Bank of England.

#acenewsservices, #climate, #duke-of-bedford, #england, #hudson-institute, #libya, #london, #politics, #research, #science, #sri-international, #tavistock, #tavistock-institute, #tavistock-institute-of-human-relations, #united-states

EUropean Economic Community – Prelude To The EU

Euro Disaster  Peace, When It Loses The War.’ and details of the massive amounts of cash moved out of Germany during the war to safeguard the future of German domination against the economic collapse of losing the Second World War against EUropean Union. AND connections with organisations like The Bilderberger’s, Council for Foreign relations, Tri Lateral Commission and other arms of the New World Order.

Around the end of 1939, most of Europe was either consciously or unconsciously under the influence of the economic concept of England. Over recent years, however, it has been swept out of European countries, politically, militarily and economically. Politically the three-power pact has given honour once again to the ancient figures of life, people and room. It has also established a natural order and a neighbourly way of co-existing as the ideal of the new order. The foundation of English economics, which is the basis of the balance of powers, has been militarily destroyed. And economically, a change has come about after the political and military development, the shape of which is easy to describe, but whose final significance is very difficult to evaluate. I can only repeat, that the changing order that is happening now has to be ranked as one of the greatest economic revolutions in history. It signifies a reversion of the economy of Europe to a time before the English concept of building an overseas Europe, i.e. an awareness of one’s own country.

The Discussion so far and its Results

Discussions about questions relating to Europe started as the power of the NSADP grew. At the Congress of Europe in Rome from 14th to 20th November 1932, Alfred Rosenberg developed, for the first time in front of an international forum, thoughts and ideas that have moved us since. No one, who fights for a new economic order in Europe, can ignore these perceptions and conclusions. The economic and political wheel was set in motion, when the NSDAP declared the militarization of the German economy. It is to the credit of the journal ‘Germany’s Economy’ that it first seized these questions in 1932, kept on bringing them up and stuck doggedly to those original perceptions. The idea of German economic self- sufficiency in the new political sense and the German economic militarization are synonymous with this journal. Besides this, Daitz, the ambassador, has earned the special credit of being the first to have related German economic history to the present time. Part II of his selected speeches and essays, which appeared in 1938 under the title ‘Germany and the European Economy’, summarizes his concepts formed between 1932 and 1938. The Italian, Carlo Scarfoglio, delivered with his book ‘England and the Continental Mainland’, a decisive historical contribution to the consciousness of the European continent. Meanwhile German and Italian economic policy drew the political consequences from the historical lessons that were learnt during the blockade and learnt again during the sanctions. The speech made in Munich in 1939 by the leader of the Reich’s farmers, R. Walther Darre, at the 6th Great Lecture at the Commission of Economic Policy of the NSDAP, takes a special place in the discussion at that time. Its theme was “The market order of the National-Socialist agricultural policy – setting the pace for a new foreign trade order.”

While our leader maintained the hope of reaching a peaceful agreement with England, the route for European economic unity remained problematic. The end of 1939 was a decisive point and it was natural that the years 1940-1941 heralded the new economic and political order. The writer, in particular, developed and extended in speech and writing the intellectual fund of the new economic policy, which has been translated into most languages, so that today everywhere the great constructive texts are known. These contexts revolve around the following issues:

  1. Theory about the Reich and the European economy.

  1. The historic, cultural, and economic significance of the German economic order.

  1. The foundations of the future economic relationships between the states.

  1. The nature of the European economic community.

On 25th June 1940 the Reich’s Economic Minister, Funk, publicised in his official capacity his thoughts, which underlined the development so far and thus gave them state sanction. In October, the journal ‘German Economy’ summarised for the first time the principles of European co-operation, the fundamental principles of German foreign trade, Germany’s export economy and ways and means of promoting export. It did so in a popular review “About A New Europe”, providing an overview of the important problem of European economic fusion. Around the end of 1940 the Berlin historian Fritz Rorig finally outlined in his book “Hanseatic Essence” the historical foundations of the greatest economic and political achievement by the Germans.

I am clear in my mind that total clarity is to be found in the principle questions: The necessity is recognised for a political order for the economic co-operation of the people. The nature of the new order : awareness of tradition, using up one’s own economic resources, long-term economic agreements and fair relations, is affirmed. The economic inter-dependence is underlined by fate. The economic unity of Europe is thus clear.

Economic Practice:

Even practical economic life has increasingly allowed entry to new thoughts. I am able to see the decisive steps in the start and realisation of the following points:

  1. In the increasing payment traffic through Berlin.

  1. In the exchange of experiences in various areas of economic life. Thereto belong also the statements of ministers and business people, the calls made by special advisers and the collective tackling of important tasks relating to the economy. Even the specialist is surprised, once he has taken the trouble to put together all the connections. Today they are already legion.

  1. In the signing of long-term economic agreements between the Reich and the other European states, which the public is aware of, there can be no doubt that such agreements are those of the future.

Of course, that cannot prevent unclear points and new problems from arising, which become clear at the time when the situation is reviewed.

Problems Related to the Economic Community of Continental Europe

These unclear points primarily relate to the concept of economic direction, the extent of solidarity and neighbourly attitude, the development of one’s own powers, the care to maintain the standard of living and the question of raw material purchase from foreign countries. It is natural that one or another issue will take priority of interest, depending on the set of conditions that prevail. It should be attempted at this point to give a reply, albeit a summary one.

There can be no doubt that the concept of direction of the economy, or rather its leadership, is as novel as it is revolutionary. Its classification is all the more important, as the fate and consequence of European co-operation depend principally on a new consistent form of economic understanding. The Anglo-Saxon view of economics is dead: consequently, even the so-called ‘classical’ national economy is no longer classical, but it has survived. So what it comes down to is that a new understanding arises to do with ideology and terminology, which represents a sound basis for agreement and co-operation. Relating to this, one must point out the following in detail:

  1. Economic direction is not a momentary emergency solution, instead it forms the core of new theory and practice. First of all, it takes the place of individual egotism and the automatic autonomy of the Anglo-Saxon precept.

  1. Economic direction is not identical to the tendencies of a centrally planned economy. It does not seek to cancel the individual or to administer through the state operators.

  1. Economic direction really means the following: the new instruction of the creative and constructive power of the individual in relation to the whole system; the creation of a consistent economic view and an attitude towards the economy; the selection of important tasks through political leadership and the state’s final decision on all questions about economic power. Beyond this, the economy is free and responsible to itself.

The degree of solidarity of the individual economies and their neighbourly attitude is characterised by three guidelines:

Firstly, it is limited in regard to its own economic development by the recognition that the utilisation of individual resources represents not only a requirement of the new economic precept, but is the very foundation for economic activity. The European economic community has no interest in leaving any abilities or possibilities unutilised.

Secondly, it contains the obligation that, because of Europe’s freedom, consideration is given firstly to continental Europe regarding any matter related to economic activity. Not only should the shared fate of the European people be emphasized, but the fact should also be stressed that the supplementation of the European economies beyond their borders is possible and sought after.

Thirdly, it must be maintained that, above all else, the spirit of the individual economies may not be allowed to go against the spirit of neighbourly co-operation.

The question of developing one’s own powers refers to the problem of mono-cultures, of industrialisation of the agrarian south-east and the awakening of new needs.

An answer can easily be given to the first question. Mono-cultures are the result of the same economic precept that made the world market price the determining factor in the economy. According to that precept, people and land are the vestiges of some by-gone age. Europe is well on the way to destroying these mono-cultures with initiatives ranging from land improvements and growing new crops to discovering new local resources. All these have the same aim, which is to develop the economy and broaden its basis. Germany and the whole of Europe can only greet these efforts with gratitude.

The industrialisation of the south-east poses a particular problem regarding these questions. As I am unable to handle this problem – like all other problems – here in a comprehensive and exhaustive manner, because the industrialisation of economies is theoretically a difficult problem, I can only say as follows:

  1. Just as it is in the nature of things that each country will strive to utilise its available resources for its own production, so will there will be a knock-on effect for other economic partners.

  1. If, as is the case in the South-east European countries, there is heavy over-population in the countryside, then there are only three possibilities to solve it: itinerant workers, a permanent emigration and an ‘intensivisation’ of the local economy, a term correctly created by Dr. Ilgner for the problem of industrialisation. Itinerant workers can only form a part solution. Besides, it only applies to agricultural and construction workers and gone on for ages. Permanent emigration from Europe is just as false as impossible. There just remains the intensivisation of the economies of south-east Europe as the way to self-help.

3. The economies should make it possible for an independent life according to the modern economic view. The intensivisation of their economies therefore is right for the time.

4. The old features of industrialisation, which evolved from the price collapses in countries with agriculture and raw materials, have to now belong to the past. Europe is a communal living area. Only through a joint development of economies – and not through independence from one another – can protection against crises be achieved.

5. The tasks that have to be solved in Europe are so big that the powers needed to do so have to be released by an intensivisation of the each economy. This can be easily done by employing the workers that have been liberated in new branches of the economy.

Without affecting the difficult questions of purchasing power, it can be regarded as proven that the joint work to build up Germany’s and the south-eastern states’ in the area of industrialisation lies in the direction of the intensivation of interest of the whole continent.

One important and until now completely overlooked task in this regard exists and that is the awakening of new needs in the south-eastern countries. It is because, in those countries, wealth has grown and will gradually continue to grow, as a result of the reliable purchase of agricultural products and available raw materials at adequate price levels. According to the principle in economics that giving equals taking, peoples’ living habits there will have to change, otherwise one day the process will come to a halt. Germany’s ability to absorb the products from the south-east is practically infinite, whereas creating a demand for German goods there is not only a matter for economic intensivation but also one of modifying the people so they consume more. This task is of such importance that it has to be considered from the very outset, so that the south-eastern European economies are elevated after the war.

Equally important as the industrialisation of south-east Europe is the question of the standard of living in the north. Their economic development and high standard of living, which underpin their lives though all economic conditions, should not be mistaken. This standard of living has grown considerably during the 19th century and around the time of the world war due to free trade, so that various circles view world economic events with particular concern. From a German viewpoint, only the following points can be made:

Firstly, a higher standard of living is also the aim of the German government. The German people not only understand this well, but also through its fight wants to ensure European civilisation and culture. This fight will benefit the whole of Europe, and with it the north.

Secondly, despite being connected successfully to England and its economic system (one should not ignore the countless economic troughs that feature there), the economies of the north whose fate and greatness are very closely linked to Germany.

Thirdly, the northern states’ difficulties are going through a temporary phase of adjustment. In the long-term, this will bring about a lasting advancement, rather than destruction, for their economies’ foundations.

Maintaining a high standard of living is not an insoluble problem. To finish, I now come to the problem of purchasing raw materials from overseas markets. A leading south-east European economist once wrote about this principal question: “Unlike the war, we were in the following situation: in order to import raw materials from overseas countries, we bought goods from west European countries with foreign exchange. In the area of continental Europe there is no gold. Everything had to pass through the system of clearing – goods sold against goods. We have no product that can be sold to North or South America. That means that the leading nations are obliged to acquire and distribute to us the raw materials that we need. The leading nations of Europe can supply, with its capacity, enough products to overseas countries with which to acquire raw materials. The one question is whether exchange will ever happen… Even before the new order is introduced, and without even joining in with the Axis powers, we stand in solidarity outside Europe with its traffic of goods…”

 

 

#acenewsservices, #angela-merkel, #economic, #economic-revolutions, #economy-of-europe, #economy-of-germany, #england, #european-union, #eurozone, #german, #germany, #libya, #middle-east, #new-world-order, #politics