Friday, September 28, 2012

What keeps the folks in Brussels and Berlin awake at night?

Possibly this graph - from our new report on the internal devaluation needed in the PIIGS for the euro to remain intact.
Source: Eurobarometer

It shows how trust in the EU amongst voters in the PIIGS has on average fallen from 55%  in 2001 to 25% in 2012, in the wake of EU-mandated cuts. On average, 66% of voters in these countries now mistrust the EU (up from 26% in 2001). And Spain still has half of its internal devaluation ahead of it (not to mention Greece). This won't be easy.
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2 comments:

  1. Rollo1/10/12 11:56 am

    A surfeit of self indulgence is all that keeps them awake.

    ReplyDelete
  2. Idris Francis1/10/12 1:07 pm

    How ironic that the one thing the elite have ignored more than any other, public opinion, will now destroy them.

    And not a moment too soon

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