Italy Coming Closer & Closer To Leaving EU
In Italy, there are again serious protests against austerity measures. A major general strike has paralyzed Italy as public life style has simply collapsed. Nationally, 54 demonstrations were held around the country.Citizens are protesting against the austerity measures and labor market reforms the government has been compelled to implement because of Brussels.The German Chancellor Angela Merkel had recently called for a tightening of austerity in Italy and she simply cannot understand that the fears of inflation in Germany are unrealistic. She is imposing a new Great Depression on the rest of Europe. The very idea that one European government would prevent war is being proven to be dead wrong. The people do matter and they will tear Europe apart at the seams. German culture cannot be force fed to Southern Europe. This is laying the seeds for European internal war – not preventing it.
Disclosure: None.
Good, lets put the EU in the dustbin of history.
Sorry, I made a mistake in my post -below-, the correct way to convert is:
10^09 = billion USA= thousand million Europe = milliard
Therefore the correct way to write the sentence is:
" The USA prints $64 milliard (this is 64 billion in North America or 64 thousand million in Europe ), and they can print that money cause the US dollar is the world's reserve currency (i.e. This money gets distributed internationally). "
The Keynesian have bankrupted Europe and the USA. It was the Keynesians who recommended to try to live on borrowed money for ever, this is of course impossible.
Unfortunately the uneducated media who calls the balancing of the budget "austerity program", and most people are gullible enough to believe.
If any nation doesn't like the EU, then leave. Nothing wrong with that. However leaving the EU will not solve any countries problem of being unable to balance the budget. Nobody can live by borrowing money for ever.
The only country that can get away with borrowing money (or rather stilling it) is the USA. The USA prints $64 trillion (this is 64 billion in North America), and they can print that money cause the US dollar is the world's reserve currency (i.e. This money gets distributed internationally). Their ponzi scheme will hit the brick wall one day too.
As for the Keynesians, they have caused so much suffering on Earth that they should be put for long time into prison, and even the International Court should prosecute them as criminals against humanity.
The whole idea of "Europe" as a single identity is a myth, a chimera, beloved of a small political elite that tried to foist their idea on the unsuspecting voters as a result of the traumatic events of the 2nd World War. 70 years on from 1945 the landscape has changed. National identities and cultures will not be subjugated by diktats from Brussels. The "European" project has not worked at all for many younger "Europeans and the ordinary voter knows it. A complete waste of money and political energy that could be better invested by individual states responding directly to their own citizens needs.
The EU has failed, doomed by its zealot protagonists of a federal European superstate, for which NODOBY HAS EVER VOTED. The euro was part of the plot, but its architects could not care less about the hopeless imbalance of EU economies. GET OUT ITALY, and the UK.
The a Euro idea was always flawed, now with economic problems through the European Union it is coming home to roost! Poorer more,fragile economies in Europe are unable to make the needed changes to boost their economies due to the Euro. They will have to split from the EU to do what is needed and will destroy the Eurozone in the process!
Having lived and worked in Europe prior to the Euro, I agree with both Andy and Robert. My biggest surprise at the ultimate outcome is that it took this long to occur. Great Britain had the foresight to avoid giving up sovereignty as a nation to the "Collective Good" of Europe. National politics, jobs, and other impacts are local and real. No country wants to give up their national identity to another country in Europe, that is simply reality. To make the Eurozone work requires individual sacrifices most people within the nation are unwilling to make and they will exercise their ability to influence the outcome Via national elections in their respective nations. To view it as a mechanism of peace is also a flawed concept. There is no political will in Europe to lead in time of strife, both politically or economically.
On the other hand Robert, the European Union kept us together while there was enough money sloshing around in the spare pockets of the wealthy. Now that a new world order is developing fast they don't have the money they stole via colonisation, expolitation and the grand bank theft. Now they turn the majority against each other, the right wing nationalist frenzy grows and war and a further global depression beckons while they peer from their tax haven bolt holes. Marvellous isn't it. What price civilisation? Those countries that you suggest leaving the Euro still have to pay their debts and they most definitely weren't due to the Euro!
I'm sorry Jeff, in my opinion you are wrong.
To start with the EU is a construct based on a flawed philosophy, attempting to merge nation states with incompatible financial, political and social structures into a single federalist state.
The burning ambition of key European politicians, with strong socialist mentalities, to control the lives of nearly 500 million people has, and continues to drive Europe in a direction not seen for more than 70 years.
The Euro is a prime example, the idea that northern and southern European economies were in any way close to being sufficiently compatible so as to be merged, without the necessary political union to support it, was complete nuts. Almost all the counties now suffering terrible austerity could be accepted into the Euro only with the most breath taking breaking of the rules, and the on going dictatorial determination to maintain this farcical project, no matter what, is causing millions of people to suffer.
Your comments about colonisation, exploitation and right wing nationalist frenzy are quite ironic, considering that the whole EU project is fundamentally a socialist experiment gone horrifically wrong.
It's equally ironic that the very institution that claims (falsely) to have preserved the peace in Europe is now instrumental whipping up levels of nationalism and hatred of European neighbours, not seen since the '30s!