Wednesday, November 11, 2015

A couple more views on the European invasion

From Gary North:

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Europe will be hit by millions of immigrants from failed Middle Eastern states over the next few years. They will cash in on the entire welfare system, from free education to free medical care. They will be low-productivity workers, unable to speak the local languages, poorly educated, and living in ghettos with their TV satellite dishes pointed at Middle Eastern networks. We have seen this in France. We will see it across Europe.

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Europeans thought they could vote themselves economic security by taxing the rich. Now they have become the rich, and their welfare systems will all go bankrupt under the weight of failed-state masses. It all looked so easy after World War II. Just vote yourself lifetime security. Surprise, surprise! The chickens are coming home to roost. . . by the millions.

These low-tax and no-tax immigrants have mouths to feed, bodies to house, and young minds to educate. They cannot get certified in the certification-mad societies of Europe. They will not get into the trade unions of the guild-dominated mercantilist states of Europe.

But, being liberals, most Europeans will not ask them to feed, house, and educate themselves. That would be -- you know -- Thatcherism. So, their governments will run massive deficits, funded by the European Central Bank. Europe is not only guild-ridden; it is guilt-ridden. They have believed in the ethics of voting yourself into security. In 25 years, they will no longer have the votes. The children of the immigrants will be the swing voters. It may take less than 25 years.

Pat Buchanan asks will Europeans stop there own dispossession:

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Sunday, after a third of a million had passed through, Croatia replaced a center-left with a rightist party. A fortnight ago, the right-wing eurosceptic Law and Justice Party won a landslide victory in Poland.

Support for Angela Merkel, who has opened Germany to a million migrants, is plummeting. Bavaria’s CSU, sister party of Merkel’s CDU, is in rebellion. Bavaria has been the main port of entry for the hundreds of thousands of arriving migrants.

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As long as Europe’s borders remain open, they will come. And the people who wish to come number not just in the millions but the tens and scores of millions. And they know how to get there.

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Yet, across Europe, fences are going up, borders are being re-established, anti-immigrant and anti-EU parties like the National Front of France’s Marine Le Pen, are gaining converts.

If the mass migrations are not halted, the rise of nationalist regimes at the expense of Europe’s liberals and leftists is inevitable.

The rise of ultra nationalist governments in Europe is one of the possible outcomes I discussed in yesterdays blog post. Notwithstanding nationalists views on immigration they are also eurosceptics. I cannot see how the eurozone will survive this. What happens when the ultra nationalists get into power and decide to deport the immigrants. I don't see these recent arrivals voluntarily going back to war torn Syria, do you? How will this be good for the Euro currency long term? I wouldn't put a dime into Western Europe as I see no positive outcome to this.



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