June 2024

Wanna grow your economy? Then import the Third World!

(Snouts-in-the-trough – a daily blog that is heavily self-censored to avoid the writer being killed by those who get violent when they feel they are being offended. Welcome to the new Britain)

I noticed a couple of possibly interesting figures this week:

Angela ‘Mad Cow’ Merkel’s invitation to the whole of the Middle East to move to Germany will cost German taxpayers somewhere between €20bn to €30bn this year for the million or so wonderful people who have accepted the Mad Cow’s invitation to invade over the last 12 months. With another 600,000 illiterate, uneducated, violent, religiously-backward, mostly inbred morons expected to flood into Germany next year and at least 400,000 more to storm Germany’s non-existent borders in 2018 and every year after that, the cost of providing for Germany’s Third-World detritus will rise every year.


Mad Cow Merkel, what have you done to your own country?

As you probably know, most European Union countries have been struggling to get anything that in any way resembles economic growth. Supposedly ‘successful’ industrial giant Germany is currently only managing a GDP growth rate of around 0.4% a year.

But hold on a minute! What about the invading army? What effect will they have on Germany’s growth? Well, Germany’s GDP is around €2,820bn. And the annual cost of Allah’s Army is say €25bn a year. This means that Germany is increasing its economic activity by almost 1% a year just paying for the Merkel’s M*sl*m masses. Smart, huh?

“Look!” the Mad Cow can now claim “Germany’s economy is growing. I have saved you all!” followed by a mad cackling laugh as Merkel is hopefully shoved into a straitjacket and hauled away to the nearest asylum.

So, the Mad Cow has succeeded in ‘growing’ Germany’s economy. The only problem is that ordinary Germans are seeing their towns and cities transformed into violent, dangerous, filthy, crowded Third-World slums where the levels of robbery, rape and other violence are shooting up completely out of control and where the police have given up and spend their time trying to cover up the rapidly increasing migrant criminality.

Britain’s Paralympic medals shame

On another topic, every day the useless BBC gushes on about the huge number of medals being won in Rio by British paralympians as if this should be a source of national pride. As far as I understand it, many of our competitors are former soldiers who have lost arms and legs from being sent into illegal wars by Blair and Brown without proper body armour and vulnerable to IEDs due to traveling around in flimsy, unprotected jeeps.

We should be in awe of our paralympians’ achievements. But the very fact that we have so many young men and women who have been disabled to make Blair rich should be a source of national shame.

5 comments to Wanna grow your economy? Then import the Third World!

  • Dodgy Dave

    Brown’s Bottom” when the Bank of England dumped 400 tonnes of gold on the market, marking what turned out to be the bottom of the bear market in gold.

    About 5 years later, a hearing was conducted to find out why Gordon Brown unloaded half of England’s gold on the market. This stunning full-truth with regard to the paper short position of the bullion banks vs. the available supply of gold to deliver into those contracts was revealed (Eddie George, BOE Governor):

    “In front of 3 witnesses, Bank of England Governor Eddie George spoke to Nicholas J. Morrell (CEO of Lonmin Plc) after the Washington Agreement gold price explosion in Sept/Oct 1999. Mr. George said “We looked into the abyss if the gold price rose further. A further rise would have taken down one or several trading houses, which might have taken down all the rest in their wake.

    Therefore at any price, at any cost, the central banks had to quell the gold price, manage it. It was very difficult to get the gold price under control but we have now succeeded. The US Fed was very active in getting the gold price down. So was the U.K.”

    When you shine the light in the right places, the truth emerges. Now we know that the Bank of England bailed out the Comex and LBMA in 1999. It will be interesting to see if a bailout is possible this time around, because the western Central Banks have been drained of most of their gold and the paper to physical leverage numbers are significantly larger by several factors than they were in 1999.

  • Dodgy Dave

    Dave Kranzler: Someone dumped 70 tonnes of paper gold at 8:30 a.m.

  • Dodgy Dave

    “Who broke the stock market? The NYSE and NASDAQ, that’s who. They sold the investing public down the river so colocated algo driven servers of high frequency traders could steal billions by front running grandma’s mutual fund. The horrific truth about this legalized theft is all here in black and white. Read it, and you will never so much as invest one thin dime in U.S. equities again.”
    • —Barry Ritholtz, CEO, FusionIQ; Author, Bailout Nation and The Big Picture website; Bloomberg personality

  • MGJ

    Merkel’s masterplan is an example of Bastiat’s Broken Window Fallacy whereby destruction leads to an illusory increase in wealth.

    In a way so is the paralympic success – if you focus exclusively on one outcome (medals) and ignore all negative effects then war can only be a good thing!

  • David Brown

    Re the Paralymics .Due to advances in medical treatment many more people survive car crashes and violent assault then decades ago.
    People who where blown up by a roadside mine did not always die straight away unlike in the old sanitised war movies.Today many more are surviving traumatic wounds. The ratio of severely wounded as in sans limbs to fatalities is much grater the such as the Falklands and other conflicts.

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