from the end...
kali - 08.02.2010 22:12
no more slavery
granted by America for Europe's development. The contrary would presuppose war crimes, which would mean not only demanding immediate return, but also compensation for damages. I prefer to believe in the least offensive hypothesis. Such fabulous capital exports were nothing short of the beginning of a Marshalltezuma Plan to guarantee the reconstruction of a barbarian Europe, ruined by deplorable wars against the Muslim foe. For this reason, as we approach the Fifth Centennial of the Loan, we must ask ourselves:
What have our European brothers done in a rational, responsible or at least productive way with the resources so generously advanced by the International Indoamerican Fund?
The answer is: unfortunately nothing. Strategically, they squandered it on battles such a Lepanto, invincible armies, Third Reichs and other forms of mutual extermination, only to end up being occupied by the Yankee troops of NATO, like Panama (but without a canal).
Financially, they were incapable - even after a moratorium of 500 years - of either paying back capital with interest or of becoming independent from net returns, raw materials and cheap material and cheap energy that they import from the Third World.
This disgusting picture corroborates Milton Friedman's assertion that a subsidized economy can never function properly, and compels us to claim - for their own good - the repayment of capital and interest which we have so generously delayed all these centuries.
Stating this, we want to make clear that we will refrain from charging our European brothers the despicable and bloodthirsty floating rates of 20 or even 30 percent that they charge to Third World countries. We shall only demand the devolution of all precious metals advanced, plus a modest fixed annum accumulated over 300 years. On this basis, and applying the European formula of compound interest, we inform our discoverers that they only owe us, as a first payment against the debt, a mass of 185,000 kilos of gold and 16 million kilos of silver, both raised to the power of 300. This equals a figure that would need over 300 digits to put on paper and whose weight fully exceeds that of the planet Earth.
What huge piles of gold and silver! How much would they weigh when calculated in blood? To say that in half a millennium Europe has not been able to produce sufficient wealth to pay back this modest interest is as much as admitting to the total financial failure of capitalism.
The pessimists of the Old World state that their civilization is already so bankrupt that they cannot fulfill their financial or moral commitments. If this is the case, we shall be happy if they pay us with the bullet that killed the poet. But that is not possible, because that bullet is the very heart of Europe.
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