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Europe falls apart
Wookster
Posts: 3,795 Forumite
Angela Merkel in political trouble.
Breakdown of the rule of law in Greece.
43% youth unemployment in Spain.
EU suggests tax on financial transactions that will drive business away making Europe even more competitive than it already is.
Doesn't look too rosy. Crisis ahead.
Breakdown of the rule of law in Greece.
43% youth unemployment in Spain.
EU suggests tax on financial transactions that will drive business away making Europe even more competitive than it already is.
Doesn't look too rosy. Crisis ahead.
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Comments
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Crisis ahead?
They are in a crisis. A crisis that they do not even have a solution for.Not Again0 -
I'm starting to feel a bit sorry for Angela Merkel, she's already close to committing political suicide.
Every other country including the USA are trying to heap more pressure on her to add more money in to the system and support the extra funding required to cover future bailouts. Germany may be the power house of Europe but it's got it's own problems and it's people are getting fed up of being the ones providing the money to cover the overspending of other countries and they are starting to turn against her.
She really is in a no win situation, if she agrees to support future funding measures to please the other world leaders, she's toast at home. If she says enough is enough, then the possible economic collapse that could cause, will be blamed on her.
Tomorrow they vote on the agreement they reached way back in July, she should get it through but it sounds like it might be a close call and with each passing day it seems that she will struggle to get many further measures through the German parliament.[FONT="]“I've learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel.” ~ Maya Angelou[/FONT][FONT="][/FONT]0 -
Lets face it, the whole European Union experiment was doomed from start to finish and its been finally proved unworkable now. Lets wind the whole thing down in an orderly fashion and give everybody their old currencies back. This should never have gone beyond the common market agreement.0
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MiserlyMartin wrote: »Lets face it, the whole European Union experiment was doomed from start to finish and its been finally proved unworkable now. Lets wind the whole thing down in an orderly fashion and give everybody their old currencies back. This should never have gone beyond the common market agreement.
Many Europe politicians either don't want to or are not ready to admit that yet. They are still talking about further integration.
Plus we now have so many people with fingers in the European pie and vested interests. What's in the various European countries best interest may not be the first priority for many who are suppose to be making the decisions.[FONT="]“I've learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel.” ~ Maya Angelou[/FONT][FONT="][/FONT]0 -
No Euro ..War in 10 years ?0
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No Euro ..War in 10 years ?
Nope. That was just what the political class whispered in the ears of the people as they tucked them into bed at nights.
'If you don't let us form a United States of Europe with an unelected elite running the show, those nasty Americans will control the world's economy and the Germans will eventually start another war.'
The final word - 'suckers' - was barely whispered, as they tiptoed out of the room0 -
Nope. That was just what the political class whispered in the ears of the people as they tucked them into bed at nights.
'If you don't let us form a United States of Europe with an unelected elite running the show, those nasty Americans will control the world's economy and the Germans will eventually start another war.'
The final word - 'suckers' - was barely whispered, as they tiptoed out of the room
The comment was from a Polish minister.
They probably know as much as you need to know about circumstances that can end up with a war on your plate.0 -
Could be worse. Every British PM is scared of being the one who is forced to pull us out of the EU, because he knows that history's verdict will not be kind."It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0
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Could be worse. Every British PM is scared of being the one who is forced to pull us out of the EU, because he knows that history's verdict will not be kind.
Alternatively, that the Guardian's leader writers will never forgive him.
The EU was a busted flush from the start. All it was ever going to take was time.
A far more interesting game to play, as Peter Oborne noted last week, is to start identifying the 'Guilty Men'.0 -
Except that it's actually been phenomenally successful. Compared to what Europe would have been like without it.The EU was a busted flush from the start."It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0
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