Is €urope hailing another false dawn?

Like most articles relating to this EU crises, it does not address the nub of the problem, but simply dances around the issue and concentrates more on democratic debate. Yes debate is very important but it’s ignoring the huge elephant in the lounge room and talking about the colour of the lamp shade.

The EU has Greece, Portugal, Spain, Ireland, Italy and now France in trouble to a point where traders no longer buy their bonds – the US is in the same position and it’s using dummy companies to buy their own bonds through the Caymans etc to keep their currency from hitting the bottom of the Atlantic ocean. Germany cannot continue to bail out failing economies as it will fail in the end, but the reason why the Germans are so keen to pursue this line is that in over 100 years + of trying to take over control of Europe this is their best chance, but it now sees the entire situation slipping through its fingers and it will do anything to stop this last opportunity from vanishing.

The facts are simple in that the money has run out but the members have overspent and the “piper has to be paid” and so the dilemma. This so called recent announcement that decisive action is being taken to help out in the current crises where stock exchanges saw as good news and shares increased in price lost most of those gains the next day because analysts saw what was actually on the table which is a little more than nice words and nothing else.

It is only now that we have “experts” after the fact saying that the EU should not have included eastern Europe into the EU so fast. But you see the west wanted to stop Russia from extending its influence so the EU eyes were bigger than their stomachs and today we have this problem.

This morning I heard the best summation of the situation in the EU. In the past both China and Russia wanted to take over regions militarily, but in 2011 they are buying them out lock stock and barrel. I know China wants trade agreements and to buy into European companies including sensitive technology. However, the Russians are something very different and very little is coming out of the negotiations to buy Euro bonds – I bet its going to be more than a pound of flesh.

This dear ladies and gentlemen is the future and not the EU or US of A. They are gone like the dinosaurs.

Like most articles relating to this EU crises, it does not address the nub of the problem, but simply dances around the issue and concentrates more on democratic debate. Yes debate is very important but it’s ignoring the huge elephant in the lounge room and talking about the colour of the lamp shade.

The EU has Greece, Portugal, Spain, Ireland, Italy and now France in trouble to a point where traders no longer buy their bonds – the US is in the same position and it’s using dummy companies to buy their own bonds through the Caymans etc to keep their currency from hitting the bottom of the Atlantic ocean. Germany cannot continue to bail out failing economies as it will fail in the end, but the reason why the Germans are so keen to pursue this line is that in over 100 years + of trying to take over control of Europe this is their best chance, but it now sees the entire situation slipping through its fingers and it will do anything to stop this last opportunity from vanishing.

The facts are simple in that the money has run out but the members have overspent and the “piper has to be paid” and so the dilemma. This so called recent announcement that decisive action is being taken to help out in the current crises where stock exchanges saw as good news and shares increased in price lost most of those gains the next day because analysts saw what was actually on the table which is a little more than nice words and nothing else.

It is only now that we have “experts” after the fact saying that the EU should not have included eastern Europe into the EU so fast. But you see the west wanted to stop Russia from extending its influence so the EU eyes were bigger than their stomachs and today we have this problem.

This morning I heard the best summation of the situation in the EU. In the past both China and Russia wanted to take over regions militarily, but in 2011 they are buying them out lock stock and barrel. I know China wants trade agreements and to buy into European companies including sensitive technology. However, the Russians are something very different and very little is coming out of the negotiations to buy Euro bonds – I bet its going to be more than a pound of flesh.

This dear ladies and gentlemen is the future and not the EU or US of A. They are gone like the dinosaurs.