Austerity in the EU: How European bureaucrats serve America’s economic interests, by Hugo Dianísio

The author talks about the U.S. screwing Europe, but he doesn’t mention the Nord Stream sabotage. From Hugo Dianísio at strategic-culture.org:

Once again, the European bureaucracy is living up to the saying that “what has born crooked, late or never is straightened out”.

Once again, the European bureaucracy is living up to the saying that “what has born crooked, late or never is straightened out”. This is the case with the European Union, which was built as a political response to a reality that is no longer there — the socialist bloc — and which, when faced with the absence of its vital force, embarked on an erratic process of enlargement, aimed above all at provoking Russia, creating the conditions for NATO expansion and responding to the monopolies’ growing need for new markets and new sources of skilled and cheap labor, as is the case in Eastern Europe.

Within this framework and in response to the same needs, the EU is once again reissuing a recipe already widely known to the peoples of the South. While there is widespread recognition that the budgetary criteria contained in the Stability and Growth Pact constitute a stranglehold on public investment and is responsible for the short-term vision that has left the member states hostage to the financial authoritarianism of Brussels, at a time when the European bloc is losing more and more ground to the economies with which it has to compete, the unelected supranational power of the EU is once again proposing, this time to all Europeans, something that none of these peoples would ever vote for: austerity for the next four years (at least).

What appears on the horizon, without any in-depth national discussion, after being approved by the Council and the European Parliament, is a global austerity package, on a European scale, applicable to almost all the countries of the Union, which has been given the pompous name of “New Economic Governance Framework” and which is based on instruments such as the “Debt Sustainability Analysis” and “Specific Fiscal Plans” per member state, which will be developed within the framework of a 4-year adjustment period, which can be extended to 7. If the Stability Pact was not enough to bring most of the countries to austerity, this time EU autocracy is working to leave no one behind. Every country must bring to an end every evidence or memory that a social state has once worked with huge success.

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