Europe

By EconMatters

Via Charles Hugh-Smith of PeakProsperity.com,

In the past, I've warned about the coming Great Wealth Transfer.  But now we need to talk about it in the present tense, because it’s here.

And it will only accelerate from here on out. The Rich will get richer at the expense of everybody else.

This isn't personal. It's simply a feature of what happens near the end of a debt-based monetary system run by corruptible humans.

In a bill aimed at encouraging asylum seekers to leave voluntarily, Austrian lawmakers are considering halting the provision of food and accommodation to migrants who are denied asylum and refuse to leave the country.

Sweden have reintroduced the military draft in emergency measures designed to deal with the growing threat of a war with Russia. Both men and women are expected to perform military duty as a conflict between Europe and Russia looks almost certain. “The security environment in Europe and in Sweden’s vicinity has deteriorated and the all-volunteer recruitment hasn’t provided the Armed Forces with enough trained personnel,” the Swedish defense ministry said.

Via Daniel Lang of SHTFPlan.com,

There should be no doubt about the current status of the European Union. It’s crumbling before our very eyes. Between the sprawling unaccountable bureaucracy in Brussels, the unpayable debts, the unfettered immigration, and the unprecedented emergence of conservative, nationalistic groups, it’s obvious that the EU is not long for this world. No nation can survive those pressures; much less a loosely held, 24 year old political union consisting of a wide variety of languages and cultures.