Paul R - Comments

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Greece Is Not The Only Country Facing Severe Economic Challenges…
9 years ago

The world's financial sector and business models are unsustainable, as the repeated problems in the financial sector and the instability in the business sector have proved . The main problems of the EU are political, the only good democratic federal system today is in Switzerland, but this will probably not work with the size of the EU. European countries would be better off with FTAs between countries and an agreement like Schengen and their own currencies. The Euro was pushed by politicians of the time as a way to stop speculation against EU countries currencies, this has proved false as the euro has been the subject of speculation ( politicians deliberately forget history) The main gripe against the EU is the erosion of democracy, lack of accountability, excessive legislation, and the only people to benefit from it are the financial sector and multi-national companies. It politicians , who are elected by EU citizens ,were that confident that the EU is good for citizens, they would have no fear of referendums. The turn towards extreme right and left groups in the EU is a sign that people are fed up with current politicians and political parties. Politicians in the EU no longer represent the people who elect them, they represent a political parties wishes and agenda, this is no longer democracy.

In this article: FXE, EZU, GREK, EWP, EWI, EWQ, JPP, EGPT, PGAL
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