Germany & Austria Close Borders — Schengen Agreement Under Pressure — Will War Emerge?
The Schengen Agreement was to be the cornerstone of the entire euro proposition. We just warned that this freedom of movement would begin to come under pressure with this turning point:“As the economy turns down very hard after 2015.75, we are more likely than not going to see the freedom of movement in Europe fragment and that will be the crack that signals the eventual risk of breaking up the EU idea of empire-building.”
Germany has closed its borders with Austria and in turn Austria has now closed its border with Hungary. We are starting to witness the turn. Obama praised Merkel for accepting so many refugees, but after Merkel boasted that there was no limit to the number of refugees Germany would accept, it set in motion a huge migrant crisis. All public buildings and stadiums are full. Germany cannot handle any more refugees and these people have to be fed. Besides that, the winter will be harsh and many could die from exposure. This is going to be a real crisis.
Then, the headlines in France yesterday declared in the latest polls that 56% of the French people are now in favor of war. We are looking at the economy turning down very hard and the blame will be directed at the immigrants fleeing because of ISIS. We will see war rise because of this issue, as they are blamed for the economic decline in Europe. With unemployment among the youth already at 50% on average in many areas, accepting this many migrants who will also be unemployed will topple the economic system in Europe. We are seeing the seeing for this turning point of 2015.75 unfold before our eyes. As always, domestic populations will blame the migrants for the economic decline.
A Vision for the Youth
In Paris, one of the top schools selected three students to appear of French TV with me to talk about the future. The pressing question was clear: what can they do to change things? In France, banking is taught from a limited perspective of simply a commercial banking operation. They do not explain the role of investment banking in helping to start new companies, which in turn creates jobs.
The youth are very keen to grasp how the world functions for they see this is not working. They are our future for the older generation is plagued with their biases and refuse to admit error. Instead of looking at what they are doing wrong, those in power are oppressing the people even more to desperately hold on to power and failed ideas of socialism, which justify government manipulation of society.
Socialism has been highly destructive of the economy by interfering with the ability of the people to engage in a free economy. In turn, it has profoundly altered societies by destroying the family structure for before the 1930s, one had several children for that was their retirement as families took care of each other — there was no government program. With socialism, children do not save to take care of their parents for that is government’s job. The birthrate has collapsed and with it, the idea of socialism for pensions cannot be funded with a declining population.
Indeed, the youth are very engaged for they are suffering the stupidity of older generational ideas that embraced Marxism. Their future has been destroyed. Thomas Jefferson was against public debt for this was TAXATION WITHOUT REPRESENTATION. One generation squanders the resources and leaves the next generation the bill. They had no right to vote on the creation of the debt, so they are robbed of any democratic process — taxation without a right to object.
The youth is our salvation. They are unsettled and have no future for the past two generations have destroyed it for them with their socialistic ideas that have onlycaused government to become the largest consumer of wealth creation. The upheaval we are going to go through will be the classic third generation rebellion to change the world.
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