tag:blogger.com,1999:blog-36227136.post8414484548450333118..comments2024-01-16T08:40:53.682+00:00Comments on <a href="http://www.openeurope.org.uk">Open Europe</a>: Shocker in Italy: A comedian-cum-politician wins twice as many seats as the 'Brussels candidate'OEhttp://www.blogger.com/profile/00556463374230498875noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-36227136.post-39455157510981344542013-03-11T12:00:55.486+00:002013-03-11T12:00:55.486+00:00When are we going to get some audited accounts fro...When are we going to get some audited accounts from Brussels? That might help to make up people's minds as to what they want, for the future of Europe.Bleeniddnoreply@blogger.comtag:blogger.com,1999:blog-36227136.post-10061785820988941102013-03-03T17:13:16.246+00:002013-03-03T17:13:16.246+00:00What a brilliant result. Hopefully this may help i...What a brilliant result. Hopefully this may help in some way to speed up the ineviable implosion of the euro and wider gravy train, so as to let us get on with managing our own affairs again without all the crap and red tape from the bloated corrupt Brussels bureaucracy.Gosporttorynoreply@blogger.comtag:blogger.com,1999:blog-36227136.post-5181546914192182602013-03-02T04:42:54.796+00:002013-03-02T04:42:54.796+00:00Rik
"It simply looks as if Italy can be writt...Rik<br />"It simply looks as if Italy can be written off "<br />Add to that Greece , Spain , Portugal , Ireland , France , maybe more . <br /><br />The only hope for EU survival is to get rid of the Euro . You cannot have a large and so varied assortment of countries tied to a single currence and equal valuation .<br /><br />The EU boasts its 500ml members ; but this Italian general election shows how they might vote given an EU wide referendum to show EU solidarity . David Barnebynoreply@blogger.comtag:blogger.com,1999:blog-36227136.post-27307570476178882882013-02-26T11:21:18.741+00:002013-02-26T11:21:18.741+00:00The Italian people have made one thing clear and t...The Italian people have made one thing clear and that being forced to stomach a turncoat placeman dicator from Brussels was not acceptable and let's hope he departs the scene today to wallow in his fat EU pension. <br /><br />I wonder where he will retire to ??? <br /><br />Maybe the crazy people win the eurozone capitals who hang on like grim to the poison that is killing them will awake to the realisation that the Euro must go to restore sanity to Europe's economies and growth to the world economy. <br /><br />I note that there is no country of importance that cannot borrow IN ITS OWN CURRENCY. You cannot have individual sovereign debt without individual sovereign currency. christina speightnoreply@blogger.comtag:blogger.com,1999:blog-36227136.post-61664469749845410242013-02-26T11:01:54.458+00:002013-02-26T11:01:54.458+00:00My heartiest congratulations to Silvio & Beppo...My heartiest congratulations to Silvio & Beppo for nullifying Monti's pro-EU 2011 coup. Let's hope Silvio & Beppo can work well enough together so that Italy soon has a euro-referendum. And then votes to leave at least the euro so that Italy & its economy can at last have real room to recover. With luck this will start at least a Club Med rush for the (euro) door, & an end to the nightmare of Brussels-inspired EU-phile extremism.Freedom Lovernoreply@blogger.comtag:blogger.com,1999:blog-36227136.post-90810500825214172082013-02-26T10:47:02.380+00:002013-02-26T10:47:02.380+00:00Funny thing, democracy.Funny thing, democracy.Rollohttps://www.blogger.com/profile/18255460090580758354noreply@blogger.comtag:blogger.com,1999:blog-36227136.post-41763297048918529942013-02-26T06:41:30.307+00:002013-02-26T06:41:30.307+00:00It simply looks that Italy can be written off, if ...It simply looks that Italy can be written off, if that should not have been done earlier.<br /><br />Pre-crisis it had 1% max structural real growth with a several percent 'overborrowing' which works as a stimulus.<br /><br />Correct for that; correct for lower growth in the worldeconomy; correct for higher yields demanded by markets; correct for substantial lower growth in Europe especially, you end up with a structurul growth which is simply negative.<br /><br />Add the fact that no structural changes look to be possible, this scenario cannot be changed under the current circumstances. You simply have structural negative real growth until something structural happens (be it reform or in the markets).<br /><br />Add also the fact that Italy has ended up in the most overcrowded part (country-wise) of the worldmarket, with substantial parts of China and India, having catched up and other parts there and in other EMs, catching up fast, revenue or better the capacity to make revenue will be under pressure as well from this angle.<br /><br />Add aging hitting in.<br /><br />Simply the perfect economic storm with no proper captain on the helm.<br /><br />Very similar the Greece btw, and Spain in other aspects even worse off likely to follow next. As is France.<br /><br />Economic bad news not to be touched even with a pole. Riknoreply@blogger.com