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Soros Weighs In: “It Is Necessary to Think the Unthinkable”
SHHTTF Plan ^ | 9-19-2011 | Mac Slavo

Posted on 09/19/2011 12:05:32 PM PDT by blam

Soros Weighs In: “It Is Necessary to Think the Unthinkable”

Mac Slavo
September 19th, 2011
SHTFplan.com

George Soros, billionaire financier, chairman of a Cayman Islands based private hedge fund, and Grand Master of the world’s chess board, is weighing in on the European crisis and details some of the problems faced by Europe, as well as some proposed solutions. Love him or hate him, Mr. Soros is a major player and holds significant influence, therefore we stress that his comments should not be ignored.

By all accounts, the situation in Europe is very serious, though news coverage suggests (and has continued to suggest for nearly two years) that the crisis is just days from a final resolution.

While Europe is an ocean away and their problems are seemingly isolated to only the Eurozone region, we simply cannot ignore the implications of a European collapse on the American economy. History provides a clue as to how bad things can get even when the triggering events happen in other countries. While we often look back at the catalyst for the Great Depression as being the October 1929 stock market crash, the reality is that the Great Depression went global and full force when European nations defaulted on their debt obligations and their economies crumbled. The situation is starkly similar to what we face today, and according to Soros, may go full circle very soon:

To resolve a crisis in which the impossible has become possible, it is necessary to think the unthinkable. So, to resolve Europe’s sovereign-debt crisis, it is now imperative to prepare for the possibility of default and defection from the eurozone by Greece, Portugal, and perhaps Ireland.

Source: Thinking the Unthinkable in Europe by George Soros (Linked at the end of the article)

Greece, Portugal, Ireland are toast. They’re finished and there is nothing that can be done to save their economies. But they are not the only ones. Spain and Italy are in the same boat, with many smaller EU countries also facing serious debt problems:

“It appears the authorities have reached the end of the road with their policy of ’kicking the can down the road’,” he [Soros] says.

“Even if a catastrophe can be avoided, one thing is certain: the pressure to reduce deficits will push the eurozone into prolonged recession. This will have incalculable political consequences.”

Source: Raw Story

The catastrophe, unfortunately, cannot be avoided, and the consequences will be civil unrest across Europe and the real possibility of a complete collapse of the EU economic, monetary and political systems. Mr. Soros puts forth a solution, which he believes may be Europe’s only hope. As you may have guessed, this would involve even more centralized control over the entire region, complete with a single monetary governing body and tax collection apparatus:

“There is no alternative but to give birth to the missing ingredient: a European treasury with the power to tax and therefore to borrow.”

“Once the principle of setting up a European Treasury is agreed upon, the European Council could authorize the ECB to step into the breach, indemnifying the ECB in advance against risks to its solvency,” he says.

“That is the only way to forestall a possible financial meltdown and another Great Depression.”

Back in 2008, Secretary Henry Paulson, et. al. suggested that we were facing the legitimate possibility of another depression and one Congressman actually said on the House floor that Congressional leaders were told there would be martial law on the streets of America. President Obama’s administration and their mouthpieces in mainstream media have told us that they actually prevented this Greater Depression from taking place.

Yet, global political and financial leaders continue to suggest that a Great Depression is imminent. Of course, they never run out of “solutions” for the problems we face, leaving the majority of the public in Europe and America holding on to the idea that they know what’s best, and if given carte blanche over the governments and central banks of the world, they will save us.

We disagree with Mr. Soros with respect to resolution to these problems. What we’re talking about here is not your average recession – it’s not even a prolonged recession. The financial collapse of essentially the entire industrialized world cannot be forestalled by more centralization. Whatever the solution, however, it will not come without a lot of pain being inflicted on the people of The United States, Europe and the rest of the world.

We are heading now into what may prove to be the worst crisis in modern history. We saw what happened at the culmination of the global great depression of the 1930′s. By the time it was all over, tens of millions were dead.

It is our hope that a similar result can be avoided now. Our greatest fear, however, is that the problems are so severe, and the global economies and political systems are so intertwined and fragile, that there is simply no way to stop the cleansing and re-balancing of decades of excess that is to come.

In his book The Crash of 2008 And What It Means, Soros writes:

The year 1944 was the formative experience of my life. I shall not give a detailed account of it because my father has done it better than I could. Imagine a child of fourteen, coming from a middle-class background, suddenly confronted with the prospect of being deported and killed just because he is Jewish. Fortunately my father was well prepared for this far-from-equilibrium experience. He had lived through the Russion Revolution in Siberia, and that was the formative experience of his life.

When the Germans occupied Hungary on March 19, 1944, my father knew these were not normal times and the normal rules did not apply.

The Crash of 2008 And What It Means; pp. 12 – 14

Every few generations throughout our history, we have experienced what Soros refers to as “far-from-equilibrium” situations – or, “unthinkable” situations – when the political, economic and/or social stability of entire nations or societies is threatened.

Prepare yourself, because by all indications the “unthinkable” is exactly what we are facing today.

Let us not ignore the lessons of history, but rather, use them to survive and thrive when the world around us falls apart.


TOPICS: News/Current Events
KEYWORDS: default; eu; europe; globaleconomy; greece; preparedness; soros
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To: Red Badger

I hate him. It’s not just dislike....I actually hate.


21 posted on 09/19/2011 12:39:38 PM PDT by Outlaw Woman (Attention: Liberals & RINOS: We The People are coming for YOU)
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To: Danae

amero currency all printed and ready to go, according to the tin hats, who are not looking so wild-eyed anymore


22 posted on 09/19/2011 12:47:01 PM PDT by silverleaf (Common sense is not so common - Voltaire)
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To: MNJohnnie

No, but it’d be a danged nice start!


23 posted on 09/19/2011 12:47:14 PM PDT by C. Edmund Wright
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To: JimSEA

it’s never been tried before in a country with almost 300 million privately owned firearms. be interesting to see what happens if it is tried.


24 posted on 09/19/2011 12:48:08 PM PDT by Jeff Vader (Palin 2012)
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To: Red Badger
Letters of Marque and Reprisal are constitutional.........;^)

I like your idea!

Let's declare Soros the enemy (as he has declared war on our sovereignty) and try your way first.

25 posted on 09/19/2011 12:50:40 PM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: blam

Thanks, blam. I had not seen that thread/article yet. The worse the economic meltdown gets in Europe, the harder the globalist one-worlders like Soros are gonna push for a united EU government/banking/power system.


26 posted on 09/19/2011 12:51:17 PM PDT by OB1kNOb (The prudent see danger and take refuge, but the simple keep going and pay the penalty. - Prov 22:3)
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To: blam

bump for later


27 posted on 09/19/2011 12:54:30 PM PDT by Albion Wilde (To ACLU & its plaintiffs: Stop dragging the public into your personal struggle w/ God. -Mark Baisley)
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To: Red Badger
Letters of Marque and Reprisal are constitutional.........;^)

Oh I like it. Any assets that can be proved to have belonged to Soros can be brought to a US prize court and delivered to the agent bringing them minus a prize fee. Just think of the hackers descending on Soro's bank accounts knowing that if they can get the money into a US bank it is theirs free and clear. Not to mention pilfered yachts, planes, boats and looted out houses.
28 posted on 09/19/2011 12:54:47 PM PDT by GonzoGOP (There are millions of paranoid people in the world and they are all out to get me.)
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To: blam

Once again socialism is shown to be a failure. I just we learn before it’s too late.


29 posted on 09/19/2011 12:55:06 PM PDT by McGruff (Vetting - The process of examination and evaluation of a candidate's record.)
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To: GonzoGOP
(3) Stop being a Zombie and just go cannibal

Brilliant!

30 posted on 09/19/2011 12:56:01 PM PDT by MNJohnnie (Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
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To: blam

“It Is Necessary to Think the Unthinkable”

George’s head on a pike in front of the exchange?


31 posted on 09/19/2011 12:56:07 PM PDT by tumblindice ("No border fence." Rick Perry.)
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To: tumblindice
George’s head on a pike in front of the exchange?

By God, I think you have got it.

32 posted on 09/19/2011 12:57:14 PM PDT by MNJohnnie (Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
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To: MNJohnnie; DuncanWaring

“George’s head on a pike in front of the exchange?”

This is definitely a meme with legs...so to speak.


33 posted on 09/19/2011 1:02:32 PM PDT by headsonpikes (Genocide is the highest sacrament of socialism - "Who-whom?")
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To: blam
“That is the only way to forestall guarantee a possible financial meltdown and another Great Depression.”

There, fixed it.

I think George has gone senile

Not at all. He knows exactly what he's doing:
His aim is the complete and utter collapse of western civilization.
He reminds me of this guy:



34 posted on 09/19/2011 1:04:55 PM PDT by BitWielder1 (Corporate Profits are better than Government Waste)
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To: OB1kNOb

You can read it...I’m not interested in allowing that evil in my spirit. Anything he says or does reeks with evil...


35 posted on 09/19/2011 1:11:10 PM PDT by shield (Rev 2:9 Woe unto those who say they are Judahites and are not, but are of the syna GOG ue of Satan.)
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To: Da Coyote
Oh, and....W COULD fly a fighter.

And Mother Nature doesn't give a "Gentleman's 'C'".

You get it right or you die.

36 posted on 09/19/2011 2:00:34 PM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: blam

Soros is MANIPULATING these markets to bring about the situation he wants- central one-world bank


37 posted on 09/20/2011 5:25:59 AM PDT by Mr. K (Palin/Bachman 2012- unbeatable ticket~!!!)
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