Wednesday, January 14, 2015

Indeed...

Indeed ... A form of  dictatorship is the only way that the EU CAN work. Fascism - where the state comes before the individual - same with the EU - the EU project comes before EVERYTHING and EVERYBODY else. It must not fail !!!! People eating out of bins in Athens....50% youth unemployment.....convicted murderers roming Europe at will.....who cares, so long as the Eurocrats get their fat pension - all in the name of 'a democratic Europe' - apparently. Let's hope the EU gradually disappears up its own backside. Is it really such a big deal for Greece to leave the Eurozone? Yes, they will default on their debts, but this is only virtual money and the debtors (ie Germany) were not going to see very much of it back in any case. There will be some months of turbulance whilst they create a new currency and agree on an exchange rate ....the average person will be better off as he will suddenly have a load of New Drachma's in his pocket ...the rich will keep their Euros in their various non-Greek accounts...but then the country can start to benefit from an influx of holiday makers and increased competitiveness for their industry, which is responsible for 60% of their exports. They will still be in the European Union and benefit from the open market....as will the rest of the Union....That's the worse case scenario for the EU. Other countries would see that life is better outside euro. Some countries would also want to exit and some countries that are meant to join would refuse to do so.   I want to think that Berlin and Paris will not cause any more pain on Greece, but on the other hand, if Greece exits and it is a success, the Francogerman monetary union can seriously collapse. So, I suspect that Berlin and Paris would still try to make life difficult for Greece outside the euro.

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