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Fight To the Death Forms over Worlds Distaste for the Obama Plan March 10, 2009

Posted by aetiusromulous in Commentary, news, politics, Video, YouTube.
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Europeans Smell A Wounded Foe

American protectionism and fiscal deficits are on a headlong collision course with European “Global” finance and monetary policy. Europeans (as well as every other economic entity on the planet) are determined to remove America and her printing presses from leadership of the global finance system. They want a new financial architecture to replace the old and broken model of Bretton Woods. The Americans want it all back to where it was before the house of cards collapsed under its own weight.

Absolutely nobody in America is aware of this yet, while many in the world have been grumbling for some time about either American economic hegemony, or the simple failure of Bretton Woods over the last 30 years. The result may be an immovable force against irresistible momentum.

Historically, these kinds of clusterfcuk’s have resolved themselves in egregious acts of protectionism, and we can expect the Americans to go first, as indeed they already have. All we wait for now are what the Europeans will do, and what kind of support they get for it.

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Oh, and BTW…protectionism right now would be akin to putting a grenade in your mouth a mumbling “Go ahead, make my day”.

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