Eurozone Crisis

Never mind the USA problems, we've got another mess right on our own doorstep, and it's called Europe. For once in it's sad life the UK Daily Express has stood up to be counted, with an article by Stephen Pollard, it's Political Editor. Blimey, at this rate they'll be challenging the Mail!

Extracts from the article

"The people leading Europe are political and economic pygmies, a devastating mix of the corrupt, incompetent, and laughing stock."

"President of the EU Commission Jose Manual Barroso - Grade A idiot"

"President of the European Council Herman Van Rompuy -forgettable and pointless"

"George Papandreou Greece PM - spent what he didn't have in the first place"

"Jose Zapatero Spain PM - widely derided for being weak, lacking in principles, devoid of personality, and unable to take a decision"

"Silvio Berlusconi Italy PM - standing trial for procuring girls for under age sex"

"France & Germany should be leading the crisis

German Chancellor Angela Merkel - Taking a back seat
French President Nicholas Sarkozy - infatuation with Carla Bruni gives him a poor reputation"

There will likely be a discussion in Parliament shortly about the UK withdrawing from the EU. Can't be soon enough.

There will likely be a discussion in Parliament shortly about the UK withdrawing from the EU. Can't be soon enough.

There will be a debate, but they will likely just vote against withdrawing at the end of it. It suits the UK politically to be in the EU, as least then they have some input and veto into what goes on. The MEP's are on bigger perks than our own MP's so they won't give up without a fight. A lot of our trade is also with EU countries, which could be made more difficult outside it.

The UK press have always hammered the EU citing Wine Lakes and Butter Mountains, and billions spent bailing out the poorer countries. You never hear about small companies in Wales being given an EU rural development grant etc, because that news doesn't sell newspapers.

By getting a 100,000 name petition to ensure a parliamentary debate, is a start. It's will air issues that MP's and the general public have about remaining in the EU. At the very least it should send a message to the government that no further control from Brussels will be tolerated in the short term, and in the long term we should consider withdrawing altogether.

IMV, long term is not an option, the UK & Ireland needs to withdraw ASAP. As for trade being difficult, the UK managed ok before entry into the EEC(EU now).

Membership of that corrupt "Gentleman's Club" has always been a political one - and one that is now coming home to bite the ass of the politicians.

This article spells it out clear enough that even the most ignorant layman can understand......

Euro is as bad as gin in a baby's bottle
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Ah Yes, the old bruiser Rees-Mogg!

It is not difficult to understand the problems in the Mediterranean area of the Eurozone. The countries in trouble are Greece, Spain, Italy, and Portugal, and they are all broadly simliar economies. They have very little industrial output, no mineral resouces worth speaking of, endemic weak leadership, undrinkable wine, and basically survive on tourism, and not much else. In a world recession, people cut back on holidays first, hence reduced national income.

France has it's wine industry, plus telecommunications (including communication satellites), aerospace and defense, ship building (naval and specialist ships), pharmaceuticals, construction and civil engineering, chemicals, and automobile production.

Germany excels in the production of automobiles, machinery, electrical equipment and chemicals. With the manufacture of 5.2 million vehicles in 2009, Germany was the world’s fourth largest producer and largest exporter of automobiles.

There are other factors contributing to their demise, I know personally a number of people in the UK who have sold their holiday villas in Portugal, because they themselves couldn't afford to keep them on, plus they also saw the trouble looming and got out quick. A lot of people won't deal with or go to Spain, including me, as a protest against their history of cruelty to animals.

Greece is notorious for its diabolic shambles of a hotel industry, but that contributes 25% of GDP. The maritime fleet is the largest in the world but only contributes 4.5% GDP??? Italy is a G8 country but has had more PM's and leaders than I've had hot dinners. It's main problem is the lack of infrastructure development, market reforms and research investment, and also high public deficit. Its famous for its luxury cars but that doesn't offset crap politiccal leadership, and the North/south economic divide doesn't help.

The problem facing Europe is this. If we don't bail out these 4 countries and let them go to the dogs, what will happen? Answer, you will have economic migration of people to the richer EU countries, looking for a better quality of life elsewhere. We have already seen that with Eastern Europe, where extra stress is being put on the stronger countries.


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Damsel Rescuer, Kitty Patron, Raccoon Friend, Uli Fan,
Julie Supporter, ES99 Admirer, PETA Member, 1st Childhood

snip
The problem facing Europe is this. If we don't bail out these 4 countries and let them go to the dogs, what will happen? Answer, you will have economic migration of people to the richer EU countries, looking for a better quality of life elsewhere. We have already seen that with Eastern Europe, where extra stress is being put on the stronger countries.

It'll also prevent mass migration as the right to move freely within the EU's borders will no longer be valid.

It'll also prevent mass migration as the right to move freely within the EU's borders will no longer be valid.

Sorry, wrong. They'll all claim Political Assylum and get away with it.

........"AND IT CAME TO PASS"........

Let's not jump the gun here. Of course it would be nice if that actually happened, but do you really think it will?

My favourite quote is: - "Money Talks, Honesty Walks".

There is no way in hell will the money men & the corrupt politicians let that happen.

Remember the "Lisbon Treaty"? Ireland rejected it, yet the greedy pigs running the largest trough in the world known collectively as the EU, kept on at them until that NO became a YES!

THAT speaks volumes about all the leaders of Europe. Ireland used to be famous for its "Leprechauns", well I'm afraid all the citizens of Europe are now leprechauns, the little people & WE DON'T COUNT!


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If this continues European Markets Fall then maybe this.......

........"AND IT CAME TO PASS"........

Jeebers, now that is a statement & a half.....

"Populous v Politicians"

Nice one Michael.
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Jeebers, now that is a statement & a half.....

"Populous v Politicians"

Nice one Michael.

Thanks Sirius...Ruddy Euro did Ireland no favours. Had their politicians listened to the electorate in the first place all would be relatively well with the economy
bar a bit of "turning-on of the printing presses for a short while".

I can see Russia being part of the European Union in the near future, just because it makes perfect sense.

The first NATO Secretary General, Lord Ismay, famously stated the organization's goal was "to keep the Russians out, the Americans in, and the Germans down".