The trouble is the EU is run by unelected commissioners, the MEP's are just front men, window dressing to give the appearance of democracy. Have you not noticed how everything is impossed on us without debate? Even when stuff goes to national parliaments, it just gets nodded through, no one reads whats in front of them, thats the reason why every regulation fills thousands of pages! - While the eurozone was the focus of financial market fears about debt-strained countries, the problem was actually wider spread. "We have in front of us a global crisis of sovereign risk and we [the eurozone] are the epicenter of this global crisis," he said. He added that the current situation was more precarious than when Lehman Brothers collapsed and sent the global economy into a tailspin in late 2008, as there was no longer the belief in markets that key countries would not default on their debts. He also urged authorities to take decisive action to stem the current troubles, claiming that the risk to the eurozone financial system is growing. "Risks to the stability of the EU financial system have increased considerably," he said in a speech to the Bretton Woods committee in Washington, on the sidelines of the annual IMF meeting.
Access Investments-Building Awareness - European Union-ROMANIA
Saturday, September 24, 2011
The trouble is the EU is run by unelected commissioners, the MEP's are just front men, window dressing to give the appearance of democracy. Have you not noticed how everything is impossed on us without debate? Even when stuff goes to national parliaments, it just gets nodded through, no one reads whats in front of them, thats the reason why every regulation fills thousands of pages! - While the eurozone was the focus of financial market fears about debt-strained countries, the problem was actually wider spread. "We have in front of us a global crisis of sovereign risk and we [the eurozone] are the epicenter of this global crisis," he said. He added that the current situation was more precarious than when Lehman Brothers collapsed and sent the global economy into a tailspin in late 2008, as there was no longer the belief in markets that key countries would not default on their debts. He also urged authorities to take decisive action to stem the current troubles, claiming that the risk to the eurozone financial system is growing. "Risks to the stability of the EU financial system have increased considerably," he said in a speech to the Bretton Woods committee in Washington, on the sidelines of the annual IMF meeting.
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1 comment:
The solution to this manufactured crisis is obvious and easy:
1. Default of all soveriegn debt globally.
2. Dissolution of the Eurofascist EU.
3. abandonment of the Euro and a return to national, gold-backed, currency.
4. Arrest and imprisonment of every banker involved in creating this "crisis."
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