By Andrew Roberts – Re-Blogged From Prager University
[War (usually) is STUPID! Even if you’re the big, rich, powerful country, the unintended consequences can strip you of your wealth – or even destroy your country. Here’s a brief account of Austria’s downfall as it caused World War I. -Bob ]
By Samantha James – Re-Blogged From The Historical Diaries
The Assassination of Archduke Franz Ferdinand and the start of World War One
The most common knowledge of what caused World War One is the assassination of Archduke Franz Ferdinand of Austria- Hungary and his pregnant wife Sophie. The Archduke was heir presumptive to the Austrian throne. The couple ended up being shot to death June 28, 1914 while visiting Sarajevo by Gavrilo Princip. This definitely angered the Austrian government but it is debated about how much. The country took three weeks to react to the death of their heir and had plenty of other motives to want to bring about a war. This reason is territory in what is known as The Balkans. It was literally un-owned due to the fall of The Ottoman Empire. Austria was looking to bring about a preventive war against Serbia for the land. It had originally been lost during The Balkan War.
By Bill Holter – Re-Blogged From http://www.Gold-Eagle.com
We seem to have finally arrived at some sort of moment of truth regarding Greece and their inclusion in the EU. The speculation is they will be out of money by April 9th, this Thursday, unable to make a less than 500 million euro payment. Please keep in mind they have already been raiding the country’s pension plans to fund day to day services. How large of a “dent” they have already made remains to be seen but that is not the point. The point is this, any person, corporation or government who needs to dig into retirement savings for daily operations is like buying a carton of cigarettes with a credit card at 14.99% …and then carrying the balance!