The way I see this:
1. Corrupt governments in Italy, Spain and Greece will borrow money from banks.
2. They can't pay it back.
3. The good EU countries pay.
4. Banks get filthy rich and get the majority of the money.
In essence we are handing over everything to the banks just like the Americans with the FED, bailouts and Goldman Sachs.
What supports my thesis?
1. Only 15 billion EUR of the 410 billion sent to Greece actually wound up in the Greek economy - the rest? Pockets of BANKS.
2. Many of the key players have been tied to Goldman Sachs, Monti, Draghi etc.. The SAME bank that funded Obama the MOST.
With a banking union things will settle down for a while as Germany and my country etc. are "looted", but the problems will grow MUCH more severe in the meantime as all the corruption is allowed to further blossom and spread.
My question is; wtf do we do about it?
Sure BTC lets us save and hide a little wealth, but we will have to pay taxes in EUR or EUR-pegged currency at gun point!
What we can earn and hide in BTC will also diminish as they destroy the economy for their narrow benefits.
So yeah BTC, but what MORE?
1. Political parties anti EU.
2. Fliers about the bank "conspiracy" (pretty obvious)/youtube shows/etc. - political fight.
3. Hang politicians/bankers.
I am so pissed about this. I have a family and a kid on the way and these dbags are ruining their future if not mine for a few damn nickles.
Did you know the TOTAL investment in renewable energy in the WORLD is like 100 billion EUR? ONE of these lousy bailouts to the banks could basically give EVERYONE a job and grow the economy - ONE, not two; ONE.