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Originally Posted by Keith1954
I've just read a great piece on this debate, which makes HUGE sense to me. Worthy of posting here; and a great 'common sense' view on this whole vexed issue
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**Edited to remove most of an unneeded quote
Many thanks for the well written post; I was considering a reply to the post shown below and you have done that very eloquently, fully supporting the "plea" made below.
As an aside, a further reason that I have been doing my own reading about economic issues is because that is where the main arguments made by the "remainders" within the MSM have been to date.
Therein lies their own weakness with very little breadth of discourse; this may change of course as the official starting gun is fired at which point we may get a better range of argument.
As a further comment, as you have found, points made by "remainders" can inadvertantly support the case for Brexit.
In a few days time I am off on a visit around some of the European countries to get some feeling for the ambience - I did a similar trip over the border a couple of weeks before the Scottish referendum.
Quote:
Originally Posted by pete3
In the light of the migrant crisis alone you guys should get out of the EC ASAP and blow that tunnel up, very thoroughly.
EC politics sucks.
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Democracy Vs Debt (aka Wonga).
Democracy and Debt | Michael Hudson
An interesting discourse about how oligarchies become aristocracies followed by democracies and so on through history.
A couple of short abstracts:
“giving priority to bankers and leaving economic planning to be dictated by the EU, ECB and IMF threatens to strip the nation-state of the power to coin or print money and levy taxes.”
“Iceland and Argentina are most recent examples, but one may look back to the moratorium on Inter-Ally arms debts and German reparations in 1931.A basic mathematical as well as political principle is at work: Debts that can’t be paid, won’t be”
Which reminds of the oldish saying “privatising the profits and socialising the debt” (of the banks).
On this basis, it is logical that Britain will morph from a less-than-complete democracy into an oligarchy – all historical evidence says that it is inevitable according to the article above, although the German system of banking may have greater success in avoiding this progression (but only when the Dm has been reinstated).