Standing before the European Parliament yesterday, it took Nigel Farage just four minutes to completely destroy every argument supporting the Eurozone.
A few years back when he spoke at one of our Sovereign Man events in Santiago, he anticipated everything that we’re seeing right now.
Today it’s not nearly as controversial to say that the Eurozone experiment has failed. Anyone aware of what’s happening in Greece should say the same. But very few people really understand why.
As Nigel explains in the video below, right from the start, the system was never intended to help the Greek people.
Greece entering the euro was great for Goldman Sachs. But terrible for Greeks. It chained the country to a system in which it didn’t belong.
And what about all the bailout money that’s been thrown at Greece in the time since?
None of it actually went to the Greek people. It went to bail out the French, German, and Italian banks who own Greek debt.
Matt Taibbi nailed this bad boy a couple of years ago when describing Goldman as the Vampire Squid and how it drives high finance to make as much money as possible, no matter the cost.