31 October 2012

Europe is Facing a Moment of Truth Largely Unawares

Europe is growing older, but not wiser. Debt is piling on top of debt, unemployment is rising, and workforces are ageing rapidly.
Pension and other welfare benefits, promised long ago when the workforce was expanding quickly, are at the heart of Europe’s current fiscal convulsions, which are perhaps a harbinger of worse to come. In David Canning’s view, the 2008 crash and its aftermath have merely moved up a long-inevitable implosion by 10 to 15 years. European nations “had unrealistic systems that were eventually going to cause a crisis,” he told me. _Megan McArdle
Low birthrates and a rapidly ageing workforce are not compatible with the European welfare state. There are not enough bailouts in the world to compensate for such a self-made decline.
In the European Union, how many nations will fall into irretrievable debt before Mario Draghi or Angela Merkel suggest that Europe’s 20th-century entitlement systems are incompatible with 21st-century demographics? And how many more G-8 and G-20 summits will pass without mention that two people turn age 60 every second of every minute – with an obvious impact on core questions of fiscal sustainability unless profound social and economic changes put in place that align with our new century’s demographic realities? _Fiscal Times
European unemployment is rising for a number of reasons, among them high taxes, burdensome EU regulations, and a policy of energy starvation from the top down.
Unemployment in the 17-country eurozone hit a record high of 11.6 percent in September, official figures showed Wednesday, a sign the economy is deteriorating as governments struggle to get a grip on their three-year debt crisis. _MiamiHerald
The European middle class is under assault, according to some sources. Certainly the old regime of guaranteed employment and early retirement is under assault by the harsh realities of the global economy, as exacerbated by European demographic decline.

Moving into this turbulent dynamic, to fill the demographic gap which reluctant European women are creating, are large numbers of immigrants from Africa and Asia. Many of these immigrants are untrained, uneducated, do not speak European languages, and are culturally unable and unwilling to assimilate.

One possible demographic scenario for the future of Europe, would be the significant replacement of native European populations with less advanced populations from the outside. These abundant newcomers may be antagonistic to an ageing Europe's cultural norms.

The video above presents a broad outline of one possible scenario of demographic change. As you will see if you view it completely, the video approaches the problem from the viewpoint of one religion being displaced by another. But the concept also applies to cultural and civilisational replacement, via demographic change.

Europe faces a moment of truth, largely unawares. Her people are being told everything else except what they need to know to preserve themselves, their families, and their cultures.

The end result may not be pretty.

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Anonymous Anonymous said...



Wednesday, 31 October, 2012  
Blogger al fin said...

Interesting video. I wonder who is behind the movement and specifically what the goals are.

Youth tend to be passionate but easily led by those who know the code. Countries with large "youth bulges" tend to be unstable. The only youth bulge in France is in immigrant communities, which suggests that the French youth in the video are going to have to get very tough very quickly, or they will be crowded out.

Thursday, 01 November, 2012  
Anonymous Anonymous said...

Whoever is behind it is probably someone who sees his culture as being under attack. Make enough people feel as if they are under constant threat...

The French are very proud people, and they view their own culture with reverence. In fact, it was this very idea that their culture is so unique and in need of survival that it precipitated the whole separation movement here in Canada because they want a 'special status' placed on them simply for being french. They even brought in laws that went against our Charter illegally and invoked a clause rarely if ever used to circumvent it.

(i find this site amusingly offensive given what we're discussing here lol)

They're that proud. So it makes sense that if they feel that their culture and national identity is in danger of being swallowed up by outsiders, coming in taking their jobs, living off the largesse of the social system created to benefit the french people but now being used to sustain foreigners off the backs off french people, and being asked to constantly show tolerance to those who refuse to tolerate the living inside the culture that grants them all these perks.. you have a perfect storm brewing for someone to start a repeat of history.

To use a game term, especially after austerity measures, the people are tired of feeling like they're doormats and are standing up to shit test.

Also related to the demographics video.

I don't know where this is going or where it will end. It's going to be a bumpy ride to be sure tho.

Thursday, 01 November, 2012  
Blogger Matt M said...

"A man goes broke slowly. And, then all at once."

Ernest Hemmingway

Thursday, 01 November, 2012  

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“During times of universal deceit, telling the truth becomes a revolutionary act” _George Orwell

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