tag:blogger.com,1999:blog-36227136.post4538947215530371778..comments2024-01-16T08:40:53.682+00:00Comments on <a href="http://www.openeurope.org.uk">Open Europe</a>: While everyone is talking about Greece...OEhttp://www.blogger.com/profile/00556463374230498875noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-36227136.post-28155069603406059572012-09-03T09:19:24.056+01:002012-09-03T09:19:24.056+01:00I am not sure that anonymous is right. The whole i...I am not sure that anonymous is right. The whole idea of letting these weaker economies into the Euro was that they would get into trouble, and need help, and therefore be forced to accept federal rules; that is where we are now, they are being forced by circumstance to accept control of their economies from Brussels. It is not a question of what they want; it is a question as to how strongly they will resist enforcement.Rollohttps://www.blogger.com/profile/18255460090580758354noreply@blogger.comtag:blogger.com,1999:blog-36227136.post-90121060655733343672012-08-29T16:29:11.359+01:002012-08-29T16:29:11.359+01:00@Christina Speight
Never mind, I thought that you ...@Christina Speight<br />Never mind, I thought that you moved to something technologically advanced and we were spectators of the world's first 3D comment.<br />But I understand I can take the funny glasses off and put my head again in vertical position. Good nobody could see me. Riknoreply@blogger.comtag:blogger.com,1999:blog-36227136.post-67557282956141180832012-08-29T13:02:14.976+01:002012-08-29T13:02:14.976+01:00It all boils down to the big question: Do countrie...It all boils down to the big question: Do countries (and that includes the public) WANT to be ruled by an enelected, unaccountable EU Commission as part of a Peoples Democratic Republic of Europe (where the people are taxed without representation to pay for the weaker countries) OR don't they?<br /><br />Countries should stop faffing about and make a ruddy decision. How difficult can it be to say yes or no?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-36227136.post-18032827753755118482012-08-28T14:37:17.635+01:002012-08-28T14:37:17.635+01:00I only SENT it once - really! Apologies for the t...I only SENT it once - really! Apologies for the typos! The worst sentence SHOULD have read - - <br />"Personally I am of the school that thinks can only get worse if the leaders continue to refuse to face facts."christina Speightnoreply@blogger.comtag:blogger.com,1999:blog-36227136.post-16627348485976540732012-08-28T13:05:34.512+01:002012-08-28T13:05:34.512+01:00And the blog hasn't got round to the latest Fr...And the blog hasn't got round to the latest Franco-German stitch up announced today with the joint working party of the 2 Finance Ministries to stitch up unstoppable proposals for the December Council meeting for yet another treaty to altere the EU into a federal state. <br /><br />Personally I am of the school that things can only get worse if the leaders continue to face facts. <br /><br />Nouriel Roubini says it alkl in my view and puts it briefly too! <br /> Just consider, he says, what must be overcome: _= economic divergence and deepening recessions; irreversible balkanisation of the banking system and financial markets; unsustainable debt burdens for public and private agents; daunting growth and balance-sheet costs in countries that pursue internal devaluation and deflation to restore competitiveness; asymmetrical adjustment, with moral-hazard risks in the core and insufficient financing in the periphery fuelling incompatible political dynamics; fickle and impatient markets and investors; austerity fatigue in the periphery and bailout fatigue in the core; the absence of conditions for an optimal currency area; and serious difficulties in achieving full fiscal, banking, economic, and political union. [WHICH WOULD TAKE YEARS!] <br /><br />All the rest is froth!<br /><br /><br />christina Speightnoreply@blogger.comtag:blogger.com,1999:blog-36227136.post-22551895616383508472012-08-28T13:05:33.943+01:002012-08-28T13:05:33.943+01:00And the blog hasn't got round to the latest Fr...And the blog hasn't got round to the latest Franco-German stitch up announced today with the joint working party of the 2 Finance Ministries to stitch up unstoppable proposals for the December Council meeting for yet another treaty to altere the EU into a federal state. <br /><br />Personally I am of the school that things can only get worse if the leaders continue to face facts. <br /><br />Nouriel Roubini says it alkl in my view and puts it briefly too! <br /> Just consider, he says, what must be overcome: _= economic divergence and deepening recessions; irreversible balkanisation of the banking system and financial markets; unsustainable debt burdens for public and private agents; daunting growth and balance-sheet costs in countries that pursue internal devaluation and deflation to restore competitiveness; asymmetrical adjustment, with moral-hazard risks in the core and insufficient financing in the periphery fuelling incompatible political dynamics; fickle and impatient markets and investors; austerity fatigue in the periphery and bailout fatigue in the core; the absence of conditions for an optimal currency area; and serious difficulties in achieving full fiscal, banking, economic, and political union. [WHICH WOULD TAKE YEARS!] <br /><br />All the rest is froth!<br /><br /><br />christina Speightnoreply@blogger.comtag:blogger.com,1999:blog-36227136.post-2939627512036753522012-08-28T12:17:21.337+01:002012-08-28T12:17:21.337+01:00It is becoming increasingly clear that for the Eur...It is becoming increasingly clear that for the Euro to survive there must be reckoning. The gap between rich and poor is too great and growing. <br /><br />Either the PIIGS and Cyprus have to leave or Germany has to leave. <br /><br />Since the main point of the Euro is to keep German exports acceptably cheap the it will have to be the PiIIGS and the sooner that is recognised and an orderly withdrawal is managed the better.Bugsyhttps://www.blogger.com/profile/12255836759626290185noreply@blogger.com