The big question recently being asked is: Where is Europe's gold? Italy say they have their gold and France apparently have their and some of Germany's gold. No one really knows how much of Europe's (Germany's) gold is held in the US.
There is an interesting Interview by Jim Rickards:
The US Wont Give Germany Their Gold. He suggests that The US hold most of Germany's and other countries gold reserves. He also suggests that whoever owns the gold can make the "future" world currency...
Tracking Down Germany's Gold
Time For Accurate Accounting!
Will Germany purchase Italy's gold to stop it leaving Europe for China? As the Chinese - it has been speculated - wanted Europe's gold up front as collateral for any loan. All of Europe's gold can be used in the future to create a European (world) trade currency of value.
There has been a lot of Europe bashing over the past few months, with especially negative commentary from the US and from the London. These comments are mostly opinions rather than anything real. We have a world where each monkey-ego party looks down on all the other monkeys .. haha!! Try looking in the mirror.
Europe Seek Balance
When you look at the situation from a sociological perspective the whole world picture really gets quite interesting. A lot of the criticism coming from the American continent has been that Europe will never create a
United States of Europe, they are too divided - socially, economically and politically.
Take a look at North and South America. Canada in the North, American in the middle and Mexico in the South are no different than Northern and Southern Europe. In Canada, the French speaking block want to partition Quebec and one of the issues of secession include a return to historical boundaries that predate the Confederation of 1867.
Then you have the Canadian/American question. Two distinct regions that fought to remain as they are. Each maintains their own currency and political agenda. Then in the South, radically different from their Northern partition is Mexico. This is not really much different from Europe. I have not even reached the issue of Indian RESERVATIONS...
At least Europe did not place racially different cultures on
reservations. When the US try to tell Europeans how to get their act in order .. perhaps first they need to address the current situation (that they created) of Native Americans living in terrible states of poverty inside the reservations.
Indian Removal Act 1830
No one moved the Greek people onto reservations and took all their land, their resources, their heritage. At least the various cultures in Southern Europe still have their connection to the land, their heritage and their way of life. Sort out the reservation issues and then tell Europe how to fix their problems.
The European Dream
In a similar way to North America, there is Northern Europe with a totally unique culture (the Nordics), with France in the middle (the Gauls) and Southern Europe with their own totally different dynamics to those in the North (Mediterranean cultures).
Who knows? Maybe France can act as the diplomatic navel bridging North and South. The colder Northern landscape of Europe is more like Canada, France is like America (in-the-middle) and the warmer Southern landscape of Europe is similar to Mexico.
I disagree that the unique cultural heritage of each European country has to be ground down into a standardised EU corn-powder. It is a mistake to underestimate that uniqueness (diversity) can co-operate on the highest level. In other words, each culture has their own uniqueness and out of that comes a wider co-operation / working together. Because it is in everyone's interests to work together on a higher planetary level.
The most interesting question for the EU is: Which language? In attempting to create a "European Identity", which language will glue the pages of the book together? French? Italian? German? English? Spanish? How many generations will it take to stop the Germans speaking German or in another vein how many generations will it take to get the French to speak German? As one example. Across in North America the Mexicans have not yet given up speaking Spanish...
Being in the middle, I think France is perfectly placed to mediate (or bridge the gap) between North and the South. The French understand both Northern and Southern cultures. You need to look at this through the eyes of an engineering project. When you build a bridge, structural tension have to be matched with flexibility and some form of shock absorbers.
I personally see three interacting forces at work in Europe: The North, France in the middle and the South.
Danger of Losing Values
The gamblers and institutionalists who created this economic mess have no sense of affinity to any culture - and that should be a warning sign. Those individuals who could not care less who they harm or who they bring down (as long as they survive), are exactly those who lack a unique identity, a sense of culture, a sense of wider belonging and a sense of social and cultural responsibility.
It may be that two main regions of Europe have to interact and co-operate with a third orbiting region learning to interact almost like a controlled orbit. This would give time (10/15 years) for the orbiting regions to come into the trade landing zone. In my imagination each part would support the other; but co-operation would be each at their own levels
Instead of North America where the Native tribes were wiped out or moved onto reservations .. you would have a European hub coordinating flight paths, trade, exchange, beneficial projects and energy security - each at their own level. The stronger Northern zone would support the Southern zone in a structured environment where both can co-exist in harmony.
If you have a system in place where the growing problems of the South do not drag down the Northern economies, then the stronger Northern economies can support Southern Europe. It does not matter how you value the special currency exchange, because the core principle behind your actions are unity - strength and co-operation.
