€uropean Debt Crisis Explained
Australia based Kiwi satirist John Clarke explains the €uro Debt Crisis with some wit. The Aussies are laughing at us because they are literally sitting on thousands of tonnes of gold…
Via the Devil.
Muslim Led Military-Style Free School Needed | Toby Young
How ITV Crashed Out Online Last Night | MediaGuido
Green Leader Blames Terror Attacks on Britain | Asa Bennett
ABC Online Figures for Newspaper Websites | MediaGuido
Why Won’t Obama Acknowledge Islamist Reality? | Nile Gardiner
£1.3 Billion Extra Raised Since Top Tax Rate Cut | Telegraph
In Search of Swivel-Eyed Loons | Speccie
EU Tries to Ban Conker Trading | Telegraph
Coked-Up Celebs and Vengeful Politicians | Press Gazette
What We Don’t Know About the Woolwich Attack | Dan Hodges
Woolwich Terrorists Were Al-Qaeda’s Children | Jeremy Havardi
 |
 |
 |
 |
 |
 |
Nigel Farage hits the nail on the head:
“This olive oil ban was virgin on the ridiculous.”
Bill Quango MP says:
Ned Flanders – Clegg
Lisa Simpson – Natalie Bennett
Milhouse – Hilary Benn
Martin Prince – Andy Burnham
Edna Krabappel – Luciana Berger
Crazy Cat Lady – Glenda jackson
Comic book guy – John Prescott
Carl – Chucka
Lenny – Philip Hammond
Willie – Eric joyce
Poochie – Gordon Brown
Reverend Lovejoy – Tony Blair
The Aussies also has an excellent right wing government for many years under PM Howard who kept government finances and debt in order…unlike Europe…
But it’s true the gold and natural resources and China help…
Since I managed my modest affairs better than RBS, Northern Rock, Lloyds TSB, and all these other banks, and have been worth more than all of them combined at times and kept myself somehow in a state of solvency, why can’t I be a bank as well?
Theres nothing stopping you being a bank,deposit a few grand in a clearing bank and away you go.
Those nice speculators aren’t going to stop with the euro since this is all about shifted private to public debt from the Banks to the Governments.
Britain’s in their crosshairs so sooner or later they’re going to come calling.
I have to agree. By the autumn the focus will shift to the Uk.
I don’t think the emergency budget will be deep enough. I don’t think Osborne can cut deep enough or fast enough because of private contracts, employment law, unions, civil service self protection, ring fenced departments.
I don’t think Osborne can dig us out of the debt hole even if he wanted to.
I think taxes will have to rise.
http://ezinearticles.com/?Stop-Borrowing-From-The-Bank-And-Become-The-Bank&id=1005818
Taking a long view, its the fact we sit on a third of the world’s uranium deposits that counts.
This is spot on. I really can’t see a way out of the current malaise.
The politicians tell us we’ll have to manufacture and export out of recession, but to who? Half of Europes broke and the other half are parsimonious to the point of lunacy. China and India can make it themselves and America is broke.
Who will buy?
AAAAAAAAAAAAAAfrica…!
the trick is to manufacture or grow something that sells at a price it will be bought,manufacturing is all sewn up by China and India so forget that. Growing? well foods too competitive and we don’t have the land for it. But we do for Cannabis.Most of the population use it so any bollocks by politicians is a load of,well bollocks.Weed could get us out of the red and well into the black very fast indeed.
I assume that’s Leb red and Afghan black you’re referring to…
That would be as well as greenleaf home grown,Holland made a fortune out of ganja tourism,time we did and stopped pretending cannabis is not rampant in the UK
the answer is to manufacture anti-ageing treatments from stem cells and develop gene therapies for all those baby boomers staring death in the face.
Or morrocan gold even
Yes but Gordon didn’t have any uranium to sell. He no doubt would have if we had.
He would have sold it all on a long term contract to the Chinese
“Brokered” by Prezza FFS
He wouldn’t have been fussy about the buyer, either.
Could we not sell the British Isles? Perhaps a 200 year lease, to China, for.. what’s the real national debt? £3trillion? A huge military/industrial base parked off the coast of Europe for 200 years has got to be worth £3tn to them.
This sounds velly good to us. A central location at the top of the world between Eu and US,yes velly good
The Chinese would put all the CHAVs to work here as well..
No messing around..
Like they are doing in Africa now..
For them, either you produce the goodies or else no cash…!
No problem – the process of selling the British Isles is well under way, starting with Dover.
Airstrip One is at war with Eurasia
Yeah, good point, but they’ve already bought the USA and they’ve got military bases all over the world including the British Isles anyway
But he did sell our nuclear power plant building capability, Westinghouse, to Toyota when it was obvious we were going to need this capability ourselves. What a hoon.
let them eat yellow cake
Clearing away all those smelly Abos was certainly a smart move.
For power plant, or the pointy end of long white naughty things ?
Care to take a look at the Aussie’s housing debt problem?
They can afford it….
Howard may have left the economy in good shape, but it looks like Rudd is doing his best to ramp Aus back down to normal socialist levels. To add to the fun, you might have lots of gold and uranium, but the way the big mining companies are reacting to Rudd’s proposed legalised theft of another 40% of their profits, there won’t be anyone capable of digging the bloody stuff up!
Hmmm we may not be in the oil business much longer so we could dig it out
brilliant! laughing while sinking!
More coherent that Robert Peston.
Far more coherent than Robert Peston.
Everyone is more coherent than Robert Peston.
Eeeeeeeeeeeeeeeeerrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr…
Weeeeeeelllllllllllllllllllllllllllllll…………….
er, er, er, er, er, er , er
CUMBRIA CABS: We’ll blow you away with our service!
Guido your statement your either in front of Guido or behind,well seen this video last week,I know we have had holidays and the sun is shining but your letting us Guido windowlickers down with old news,but the video is a cracker ,Europe and Britain being deservedly being laughed at by our colonial cousins,how low we have sunk in the last 13years and even longer since we were tricked into the EUSSR by our lieng politicians.
Please accept a full refund and etc.
Ah so you are awake Guido, thought you had moved on and gone onto twatter or mugsbooks or something that uses 180 letters or words or flags.
Ssh! We are honoured by The Presence.
Wonder if he’s noticed that somebody else is using his screen name on here every now and again.
he wasn’t the first
Ahh I see it all now as clear as a June sunny day.
Good day to bury some bad news
Don’t mention the Gold ! I did once but I think I got away with it.
Console yourselves, as the Bank of England have got the euros….er, don’t mention the euro..
Notice Guido never mentions the gold anymore!!!
Never mind the real gold.
When’s he going to reveal all on the tungsten?
maybe he has been told to shut up because it’s tungsten.and so were and who has all the gold?
Me
This is the video where the mong admits selling our gold reserves to buy Euros and claims this as some kind of success:
Can he not be put on trial for this? If a desperate President Omaha can threaten (one assumes because they are not American) BP with criminal proceedings even when they didn’t actually do the drilling then why can’t Brown be put in the dock?
The sad fact is that it is so true.
The only reason the EEC/EU ever wanted GB/NI on board was for our Pension Accumulations and FUNDs in Cash, which were at the time were more that all the other member States put to-gether.
Funny, but what did Gordon Brown attack first?…………..And he bought what with the proceeds?
Oh Wait!………….
I’d love to be in a car driving through Cumbria with a backfiring exhaust
because you’re a total c*nt?
O/T
Slimeball Mandy says :
“I am not arguing for the new Labour of Blair, Brown and Mandelson to be preserved in aspic…”
In guacamole surely ?
And you know what guacamole causes ?
Montezuma’s revenge…
Having ruined the country with the biggest Ponzi scheme in British history
Defrocked Mandelson does not even apologise…
His legacy should be preserved in Fortum and Mason’s horse chutney…
He is delusional as well as the rest of Zanu Labour…
No the UK population are delusional we let him get away with it.
Aspic ?? Aspic ?? I said ass prick
O/T – The awful Alistair Campbell is on BBC Breakfast pontificating again and pushing his shitty diaries. The man’s a total shit and always right!!!
He makes me puke…
Everyone should just ignore the fraud Campbell..
The self-centred liar would then have another nervous breakdown…
I’m haunting him
Why is the BBC giving air time to these now insignificant ex New Labour Twats? I heard some of the Campbell interview and wonder why we as tax payers should fund the publicity machine for the sale of this scumbag’s new revelations? F.F.S. there has been a new regime in position long enough now to sort out the BBC’s left propaganda wing????
When on earth will someone from the “new” government look into why evil al cambell buried the evidence he had Dr Kelly murdered?http://tinyurl.com/yaes2ta ?
bastards,ps heres the link
http://www.dailymail.co.uk/news/article-1245599/David-Kelly-post-mortem-kept-secret-70-years-doctors-accuse-Lord-Hutton-concealing-vital-information.html
ughhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh
I am beginning to think that he actually believes what he says. He’s so far up his own arse I guess it’s difficult for him to get out much…
Didn’t find Mandy and some of her mates up there as well?
No, just me.
Nobody should buy his books, let them gather dust on the shelves
That makes three BBC appearances in as many days , and that after the QT fiasco; what doea he have on the BBC ?
Since Zanu appointed Gavyn Davies ex Goldman sachs as Chairman of the BBC – “great friend” of Gordon Brown etc
The BBC has been stuffed full of Zanu luvvies and other unemployable fellow travellers, rentboys and cokeheads…
I will judge this government by whether they do two things
1) Sort the deficit and debt
2) Either breakup and privatise the BBC or clean it up so that it becomes impartial…
Simples…
yep
I’m on the Beeb now trying to get you muppets to buy my books.
I’m aiming to be as rich as Tony Bliar so please, please buy my books.
Pass that Krug, Polly.
time someone went all Derrick Bird on the BBC
I was,am and will always be an absloute c@nt
True and pretty sad.
It’s a shame we compromised many of our long held social and economic ties with the Commonwealth to go and play silly Euro-games. The Aussies, Canadians, Indians and such like are much more reliable trading partners than the likes of the Greeks, Italians and French. The Germans? Economically stable, perhaps, but two world wars and one world cup sums up that relationship. When the chips are down, who would we want in our trench? Indeed, who did we have in our trench…
Despite a sometimes troubled history of Empire and vast geographical distances there was much goodwill for Britain out there – now they are going their own way and leaving us well behind.
They dumped the Commonwealth for a way of hogtieing Germany to stop the warmonger she is,can remember when the Conservative coming back from another piece of paper writing in Thatchers time,one of her ministers more or less said that but the useless MSM esp AlJaBeeb as usual never said anything,sadly the words Lest we forget comes to mind.
True…
But the most devastating part of Britain “joining” Europe was and is the EU Common Agriculltural Policy
We cut ourselves off from a reliable, cheap and large source of food in the Commonwealth…
We have been paying the price ever since….
I worked on the blue star line fridge boats at the time and the lamb from New Zealand was better than any from the EU,and better priced,imagine the cost with containers,we cut our own throats on that one.
“…the lamb from New Zealand was better than any from the EU” – it still is, old sport. And the butter’s not bad either
Okay, as an expat’ Kiwi in Blighty I’m biased, but I felt then, and still feel now that Ted Heath betrayed us in 1973 when he took Blighty into the EEC. Damn near bankrupted my country. – So thankyou, City of Vice – you get it.
Well spotted Guido – FYI: John Clarke is also known as Fred Dagg, NZ’s foremost adviser on cultural and agricultural affairs. Clarke is NZ’s and Australia’s top satirist, he’s been doing these satirical sketches with Dawes on Aussie telly for years – he gets stuck into all sorts, of all political stripes; so it’s not just “Poms” or Europeans he has it in for. But yes, he is funnier and more concise than Robert Peston.
http://www.mrjohnclarke.com/
This video of a Marc Faber lecture is long but well worth watching – http://www.youtube.com/watch?v=H0sS6a9RW2E
How many Australian banks needed financial rescue? (in the global crisis, which started in America)
None
nor any in New Zealand.
None in Canada either…
They were all examples of how to be serious bankers rather than the joking frauds in New York and London…
we were not joking frauds we are serious frudsters
Yep, us Antipodeans are having the last laugh on perfidious Albion and the ghastly EU.
My opinion on this is fractionally reserved
For the record it was actually Paul Keating who put in place the economic structures that have allowed the ‘long boom’ in Australia. Howard simply managed to not fuck it up.
That said, Howard also squandered vast sums on middle class welfare projects.
And for those defending Howard against the evil Brown, its worth remembering that good right wing Johnny also sold off our gold reserves at a low price, similar to what Brown did.
Did he actually tell everyone before doing so?
and we still have not found out why
To destroy the auld enemy.
Worked, didn’t it?
tee hee.
True but you have one important thing we don’t have and that is running our own country with our own rules and laws,you make a mistake you get hurt,we get told by the EUSSR they make a mistake we get hurt and boy have they screwed up,I presume you don’t have the same lightbulb laws we have dumped on us,one uses power ,one saves a little power but poisons us and the countryside with mercury.
Sadly, Australia is a signatory to all the same “green” garbage as we are here. All inspired by the UN, The Lima Declaration and Agenda 21. The whole globe is being imprisoned by the corporate and banking elites. Goverments, either left or right, are becoming meaningless in the looming “post democratic age” the globalist political class, are so busy engineering.
They are busy genetisising food and seeds
funny that.it was one of the reasons I was thinking about when I was popping everyone
Slightly uncharitable of Howard & Costello the Liberal years. What about the massive surpluses, thankfully locked away in the future fund, away from Premier Dudd?
I’m no fan of Rudd, don’t worry about that. I also find it sickening that Cameron will cap immigration on Aussies (non EU).
I’m in the UK now, have lived here for 6 years, paid my taxes etc etc and I’m going home in 3 weeks time because I’m being treated like a fuckwit here.
Both grandfathers fought in WWI. My maternal grandfather spent 3 years in a Stalag in WWII.
And I’m fucked if I’m going sit around and have to pay £1000 for the privelege of being to work here while any prick born in Cologne or Rome is treated as my superior.
So fuck you Britain, enjoy your bankruptcy and your mincing Etonian (and Westminster) rulers.
Do one, sheep shagger.
Sorry you feel that way Aussie, but it is understandable.
If you’ve lived here for 6 years you can become British already…
Brits have to pay to work in Oz too – around A$5000 to apply for a general work visa! Also Brits can’t vote in Oz but I can vote here! I’m staying here at least until we vote Labor out..
A well balanced Aussie, with a chip on both shoulders.
I share some of your sentiment “Actual Aussie”, but I think “Another Aussie Writes” hits the nail on the head.
As a 5th generation Kiwi here (with family who fought in both world wars), I am maddened by the British establishment’s often anti-Commonwealth attitudes – but much of that is the fault of Enoch Powell and Ted Heath, and then New Labour.
But most decent British people feel differently to their crap governments, i.e they do actually remember who their mates are. And it is true that Australia is particularly tough to visitors. Brits can’t even visit Oz as a tourist without first applying for a visa – they can’t just jump on a plane as Aussies can – whereas let’s face it, there are loads of Aussies over here.
A number of comments.
1. John Clarke is a KIWI. One of many treasures that the strayans have nicked and claimed as their own. The only one we let them have without complaint is Russell Crowe.
2. John Clarke is a national treasure down here, google “Fred Dagg” to see his earliest work. Or if you want to see “the thick of it” without the tartan taliban and the swearing search out a series he wrote and starred in called “the games” which was a fly on the wall comedy series about the orgasnising committee for the sydney games. Like the office and the thick of it without the swearing and the fat non comic.
Pedantry ends.
Are you talking a bout that shit non comedian from the office who’s name I can’t and don’t even care to remember.
Fred Dagg; strewth, that must be nearly 35 years ago. Where was the Ladies Bowling Club, and how many men called Bruce live in South Island nowadays?
You’d be surprised mate.
Went back home to visit New Zild a few years ago – place has hardly changed.
At the end of the day this is all electronic money,there was no products involved as there is no production in the west anymore. So the bottom line is we can all default on each other without any worries.
revert to zero and reboot the system,sounds like a good plan
Must also wait before rebooting for volatile memory to lose state. Assume the system is compromised, and that booting will activate trojans that will crawl through ram reconstructing its previous content.
[...] (delete as applicable) 3rd June, 2010 tags: debt, economy, Europe by Neil Reddin Via Guido, The Devil and the venerable Samizdata, our Aussie cousins have nailed it rather well with this [...]
why wont the banks lend? Well they will,go and take a look the offers are every were. But no one wants to borrow. who wants to take out a morgage on a house thats overpriced by 2 thirds.Who wants to get into a debt that would take more than a lifetime to repay? The average house is 50 grands worth of materials and 20 grand to a couple of jobbers to build it. And fuck me today house prices went up.This is bubblesland and I am waiting for it to pop,and I will laugh my arse off.
In other news…
Police are warning residents of the Labour Party to stay inside and beware of a lone nutcase who has been shooting himself in the foot after an argument over ‘taxi fares’.
Mr Hoon, 57, is believed to be upset over suspicions that other ex-ministers have been touting for lucrative directorships and lobbyists money at his expense.
He is believed to be armed with a double-barrelled lifestyle and a c’unting rifle, and has already killed several careers, including his own.
herad Gorden is in south America looking for a dictatorship
Shouldn’t that have been Herod Gordon?
Guido if you want expose what’s the cause of the european debt crisis this video is better.
Slightly O/T but relevant
Do you know why there are no windows on the ground floor of the Bank of England ?
Because in the early 18th cenntury the “people” attacked it and they decided to rebuild it as a fortress to fend off the “people”…
True story…
Should be early 19th century…
LOL no i didnt know that. Doesn’t suprise me. Back then people were much more wiser to the central banking cartel.
Because they used to keep gold there……
and then they got the constitutionn and interest
http://www.thetruthseeker.co.uk/article.asp?ID=840
their
O/T Guido
Excellent poll results for Blinky…
He must remain our star and only hope for the Labour Leadership
He will reduce their elections results to below those of Keir Hardy…
GO BLINKY…
WE LOVE YOU….
Enjoyed the clip. Nice summary of the collective financial madness which faces us all.
I read earlier this morning in the telegraph that some hedge funds have already placed a £3billion bet on the UK going’ tits up’ via credit default swaps. I see no reason to think that they’re wrong. It’s the implicit weakness of the coalition in having to appease their respective supporters on issues such as CGT and increasing tax thresholds etc etc which will accelerate our demise. June’s budget will be a fudge with the promise of real cuts to be announced after the next public spending review in the autumn. That will be a disaster methinks. The markets will be rattled. Assume the brace position everyone.
hedge funds?speculators? so they are coming for the UK then,the games up.
any version of this vid that ISN’T utube ? – can’t get it through the office firewall..
http://www.devilskitchen.me.uk/
thnaks but that won’t get through either.. buggers.
I see that the Cumbria shootings have had a knock-on effect that has effected the whole country.
I, for one, have just had to wait till page 11 of the sun to see tits
If you’d married a woman, you’d get them every morning.
Didn’t you notice the large one in the mirror.
no one is sharp enough to get it yet.too early in the day
Tits and Balls, a cracking combo.
PRINT!!!!!!!!!!! That’s how.How has that Socialist nonsense not been laughed away by now? If something becomes less scarce,it becomes less valuable.It’s the same with money.You can’t print Gold.When are we going to get the minutes of Brown’s pre-announced sale of our Gold? It bordered on the treasonous.
You won’t because then it will come out who brought the gold and the fact the nation got swindled big time. Rumour has it that the gold was sold to the Rothschild family.
that sounds like a conspricy to defraud the people
Sounds like a conspiracy theory, anyway – there are plenty of rich buggers who like gold, not just the Rothschilds.
Not a conspiracy ‘theory’ :-
http://www.goldnewswire.net/did-gordon-brown-sell-uks-gold-to-keep-aig-and-rothschild-solvent-more-disclosures-on-how-the-ny-fed-manipulates-gold-prices
why when anyone ever blames the Rothschilds does a defender leap up to make out it’s a conspiricy nutter
It was not borderline treason, it was actual treason. The beneficiary’s of his largesse with our assets, were Goldman Suchs among others.
Given that the Queen placed her signature on the Lisbon Treaty, she’s a borderline traitor too. She certainly has a very interesting interpretation of her own coronation vows.
I’ve been banging on in the Telegraph AEP about re-establishing a sterling area with the commonwealth countries and allowing Germany, Holland, Denmark , Sweden and Norway with Finland peg to sterling.
Establishing the biggest market and free trading block on the planet.
It can be done the finance can be handled through London the commodities through Canada and Australia with heavy production in Germany, electronics in India, dairy and farming in Denmark, UK along with fishing in Scandinavia and Oil production in Norway and GAS in UK along with Coal with the Germans & steel.
JUST NEED TO THINK OUTSIDE THE BOX.
Why in God’s name would economically stable and viable countries like Australia and Canada get in bed with the bankrupt UK?
Empires over pal.
You lot abandoned us for Europe. You sink with them now and don’t expect you’ll have Canadians to die in their thousands at Dieppe and Normandy, or Australians to hold the line like we did in 1918 when the Tommies ran away from Ludendorrf’s offensive when Europe turns to shit again.
Think you’re forgetting that the City Spivs would come in handy, and Queenie would lend a certain amount of class and style to the affair.
Gosh. That is perhaps the most sensible thing I have ever read.
It is achingly simple.
Well done.
I’m in.
we would object tothat in a violent way
One of the first moves to make is to get rid of the cartel on public transport that stagecoach and aviva have.Give it back to the local councils and subsidise it,it worked for decades and enabled a lot of commerce,some thing should never be privatised as eventually it removed competition and increses prices so stifling progress
Nobody would travel on a bus if they had a choice. Abolish then and give everybody a scooter instead, or bikes for the kids,
I don’t know by me they are like taxis,going past all day with one or two people on them,how they make a profit beats me.
I’m adding Lord Hutton to the list of pedophiles now.
Never mind the stuff in the ground – presumably they bought a fair chunk of the stuff that Gordon flogged on the cheap. (Was he on commission?)
Pity nobody wants to buy bullshit, all our problems would be solved.
Brown would be the worlds richest man.
You forget that the Labour Government is Australia has just screwed their mining industry by proposing a 40% tax on extraction profits, so that 230 projects have just crashed to a halt. Best of all it will create less net revenues because the Treasury projections assumed they would all go ahead and failed to accouint for the 120,000 new jobs that would not exist.
Clearly been taking lessons from Gordon Brown
Well, Rudd is rather found of Nu Labour it seems.
That’s mining industry spin.
They are coming on board. They aren’t going anywhere.
BTW – what happened to the mass exodus of bankers from the City after the bonus tax?
Didn’t happen. Miners in Oz are going nowhere.
Hmm, give it time; we’ll see.
It’s quite amusing I suppose.
Very simplistic humour though, I guess it needs to be simplistic to appeal to the antipodeans.
Yes, you sophisticated Europeans are so jolly funny with your total and utter economic incompetence, obviously we Antipodeans couldn’t possibly understand the real nuances.
This attitude – from the land where “The Sun” is the country’s top “news”paper.
Jealous much?
1. It’s a comedic sketch, not an Economics 101 presentation for Gordon Brown or George Osborne’s first days at the Treasury.
2. It’s a fair and accurate summary.
3. It’s bloody funny.
4. It’s concise, incisive and illustrative – unlike Robert “er, er, er, er, er” Peston at the BBC.
5. The Aussies avoided the recession. They do sit on top of an awful lot of gold.
NZ didn’t avoid recession but does sit on on top of an awful lot of oil in her territorial waters.
Who’s laughing now?
[...] €uropean Debt Crisis Explained Australia based Kiwi satirist John Clarke explains the €uro Debt Crisis with some wit. The Aussies are laughing at [...] [...]
[...] for a second think that we are alone in this mess, as New Zealand satirist John Clarke explains. As Guido rightly said, they can laugh at us “because they are literally sitting on thousands of tonnes [...]