Paolo Savona, the new Italian Minister of Economic Affairs, believes that Germany is executing the 1940 Walther Funk plan. Walther Funk was Director of the Bank of International Settlements and, in 1939, Hitler appointed him as the President of the Reichsbank. He laid down his views in a 2012 letter to his German and Italian friends.
“The Funk Plan, provided for national currencies to converge into the German mark’s area and this is what you would like and have partially achieved,” Paolo Savona wrote. “It also envisaged,” he continued, “that industrial development only pertained to yourselves and that you would only be accompanied by France, your historical ally, a solution now caused by the common European market and the single currency. The Plan wanted other countries to devote themselves to agriculture and tourist services, something that will happen out of necessity or because of a natural ‘calling’ and they will lend skilled labour to your leadership project.”
A euro exit will not be announced in advance but will be executed overnight the moment nobody expects. Unlike Greeks, the Italians will prepare an Italian exit from the euro carefully and secretly.
>Nearly 70 per cent of the debt is held by residents, which is amongst the highest in the European Union. For now, Italy does not need the financial market to refinance its old obligation. And for its increasing new debt, it already has an alternative plan: the mini-BOT, a coupon that can be used to pay taxes, state services, and for petrol at stations run by state-controlled oil company ENI. Those who understand money will realise the mini-BOT is a full-blown parallel currency.
Leo Davis
Can we face Europe? I hope so. The next American elections will surely be important to decide it.
John Martin
>Paolo Savona, the new Italian Minister of Economic Affairs That's Tria, Savona is the Minister of European Affairs At least get your shitposting right
David Foster
>pay taxes Modern money was created to pay taxes to the king. So, when you can pay taxes with a currency, is basically the basic currency of the country
Nicholas White
Germany does not exist anymore, it is an instrument of domination of Anglo-Zionism to contain Russia, we all know that they are militarily occupied by the Americans. Stop fantasizing
Dragi will make shitalians pay for their rude behavior and financial profligacy. He will pull the plug on QE and drown shitaly in it's own debt. Remember then how you could have avoided all of it, we could have lived in a society.
