Current Concerns
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May 18, 2013
The monthly journal for independent thought, ethical standards and moral responsibility The international journal for independent thought, ethical standards, moral responsibility,
and for the promotion and respect of public international law, human rights and humanitarian law
Current Concerns  >  2012  >  No 22, 29 May 2012  >  No more bets, please! [printversion]

No more bets, please!

by Reinhard Koradi

Most of them still hold their executive positions, but the tricks do not work effectively any longer. No matter what actions are taken – debt limits, stimulating economic growth, political calls for perseverance or monetary support measures – no one is expecting a positive change. Shares are falling, Greece is teetering and the euro still weakens slightly. The peoples are starting to resist the high finance’s dictate and its closely connected elites. The willingness to foot the bill for others is declining.

Who cheated or pushed one’s luck too much? Is it the United States that can shirk responsibility for the financial and economic crisis due to the euro crisis? Or is it Europe – more precisely Brussels and Ms Merkel – engaged by the US that push centralism by all available means? Or is it the power-mad elite in all its excessive arrogance that does not respect boundaries and even does not stop short of waging wars?

We will all be the losers – however, the people cannot be dismissed but the manipulators and constructors of the worldwide crisis instead. We can look for new horizons and sharply rebuff the delusion of centralism’s healing power, enforced political conformity, conceited ecologic terror and unlimited markets. We ought to give back their sovereign rights and self-determination to the nations and demonstrate respect for their sovereignty.     •