Monday, June 29, 2015

The Euroministers were set this weekend to convene another Euromeeting, to discuss the Eurocrisis engulfing Euromember Greece and the possibility of a Eurodefault unleashing havoc upon the Eurosystem, Euromarkets, Europe, Europeans, the Eurozone, and the Euro. Eurosnacks and Eurorefreshments will naturally be served at the Euromeeting. The Eurodiscussions are expected to focus primarily on finding appropriate Eurosolutions to the Euroemergency. Brussels is concurrently staging a global Urologists Convention and also a summit of leading world organic Urea fertilizer manufacturers. Taxi drivers in Brussels, who mainly speak Urdu, have been instructed to take care that the three groups are all shuttled to the correct venues.  The best solution for the Greeks is to leave the Euro Zone, the Euro currency is not fit for purpose and does not match the Greek economy. For some reason Greeks hold onto the feeling of inferiority if not in the currency. But most countries in Europe will have to face the fact that the Euro is not suitable for them either. Maybe 3 countries in Europe, is the currency fit for purpose the Germans, Netherlands and maybe Austria everybody else it has a negative impact. The ECB has hired several firms outside the EU, to run the numbers and evaluate performance of members. Almost all these reports have been shelved by the EU. Common theme is to go back to original currencies to promote growth and cut EU regulation, while pushing for labor and capital reforms in individual member nations. Basically analyst without political ideals being a motivating factor is less EU and watch growth pick up and money flow in, doesn't fit the Narrative of the EU.

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