Riots Erupt in Germany as Activists Attempt to Shut Down European Central Bank
‘Anti-austerity, anti-bank ‘Blockupy’ protests have rocked Germany as the ECB’s (European Central Bank) new headquarters was scheduled to begin operations.
Images of burned police cars and bloody protesters have begun flooding social media. On the surface, protesters are obviously upset over the ECB building’s $1.4 billion price tag — at a time when the Eurozone suffers through a recession which has hit the working class exceptionally hard.
Other grievances include austerity measures, which are promoted by the banking class, but in reality are just a privatization of assets and resources which were initially funded with public money. Essentially what this has become is a theft from the general public to collateralize finances that were thrown into uncertainty by politics and bad monetary policy in the EU. Rather than the bureaucrats and bankers paying the price for their mismanagement, the European public is footing the bill for the bailouts, and that has rightfully upset many across the Continent.
It’s estimated that roughly 10,000 protesters flooded Frankfurt streets, many coming from across Europe including from the banker victimized country of Greece.’
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