Indeed. "Entirely self-created". Repeat that a hundred times. There is nothing seriously wrong with Europe's underlying economy. It has magnificent companies, great creative skills, a global current account surplus and relatively low debt. (That is not a misprint. Europe does not have a debt crisis. It has a political crisis. It is so badly structured and so badly run that moderate debt has been allowed to mushroom into a crisis). Mr Soros says there is now a "real danger" that the euro will destroy the European Union...... This time citizens can expect no Soros Salvation Army. They themselves will have to rise up in revolt within the fortress. That makes the whole saga much more dangerous.Our interventions to save Europe from itself have cost us incalculable losses over the last century. What is it with these bloody people that if you leave them alone for five minutes they'll have produced a flag, an anthem and a hunger for global-sized ambitions? What warped gene makes them so susceptible to such distorted ideologies? No doubt some documentary film to be made later this century will interview the elderly survivors who will say, as they did after the last time, "It seemed such a good idea at first. We didn't know what it would lead to ...."
Friday, 19 October 2012
Federasts dragging Europe to Doom
As the peoples and economies of Europe are sacrificed on the altar of federal integration by the deluded fanatics dominating the current 'summit' we can only stand by and watch. After the wealth of the US, through the Marshall Plan, and the shared burden carried by NATO maintained peace in Europe for more than half a century, it is all about to be undone by the same ideological zealotry that led to over 70m dead last century. As Ambrose Evans-Pritchard wrote in the Telegraph