In the words of the German Chancellor Angela Merkel: if the Euro fails, Europe fails. It sounds almost as a forerunner of the end of the European Union. This preceded the collapse of the Euro that reached a record low compared to the US dollar at 1.21 and also led to the fall of the Pound compared to the dollar oscillating at 1.40.
For Britain, June 22nd, 2010, might end up being the final curtain with the so called Emergency Budget that sounds very much like a budget for Britain at War when the country will have to face the harsh realities of having had a Marxist government for more than thirteen years, a Marxist government that flooded the country with immigrants and illegal immigrants and created a massive public debt that is a world record.
When things come to the crunch, the country will suddenly wake up to the realities of having an unsustainable Welfare State used to finance flood immigration, including illegal immigrants and pretend refugees. Many people ask why, in spite of losing power, the Labour Party managed to have control of 17 local authorities in London. The answer is plain and simple: it managed to do it appealing to hundreds of thousands of welfare dependent hordes and non-jobbers.
The collapse of the economies in Europe might lead to a return to common sense politics, but in the process it might lead to Rivers of Blood. We are sailing through uncharted waters, aren’t we? Well, not really. It has happened before with tragic consequences. I am a believer in History Chemistry. If you combine the same factors in similar quantities, you get similar results.
Confrontational Trade Unions will be the trigger and countries will become polarized. If governments do not act promptly to curb the power of the Trade Unions, we are going to run out of peaceful choices. As inflation sky rockets, all the Head of the Bank of England can do is to write letters to the Government while watching a Greek tragedy unfold on British soil.
Oh! So much to be wished for my friend, the "Red Dragon over Europe will be slain" (para) Tony Bliar. 1997 Labour Party conference I think, but I will accept correction.
We all know that he was speaking with a forked tongue because he had no intention of giving us a referendum, Ted Heath would be a fitting bedfellow for Bliar because they both buggered the country. He knew we would kick the EU into touch, but when he had gained the majority of MPs in a landslide victory he was safe to carry on with his plans for further incursion into the UK of the gigantic stitch up that is the EU, and deny us one of the planks of his campaign.
You lot that voted for him (I include myself in that) were hoodwinked by a slick and professional con job. You now understand that not one of the traitors in any of the 3 main party' give a toss for what we want, they want what is best for themselves and their paymasters.
The sooner the PIIGS go down the pan and the economy’ of Germany and France are flushed away with them the better. It will be bloody Carlos, a great American said “The tree of Liberty must be refreshed from time to time with the blood of Patriots and tyrants” , but then we can regain our independence along with the other Nation States of Europe and be our own masters again, never to see completion of the totalitarian EUSSR tyranny and it’s disgusting and hated plans.
Hasten the day of Judgement.
Yes, Carlos, as I see it this will in time turn inflationary, and very possibly hyper-inflationary. At which point all bets are off. However, in the short term our globalist Lords and Masters are clever and well organised and they will keep the "plates spinning". It is premature to talk about the demise of the Euro and the European Union.
If the Euro collapses, then the pound and the dollar follow, we're well on the road to the "One World Order".
That's the plan of the banks who control the world's goverments.
If you don't believe it watch this video: http://www.youtube.com/watch?v=VebOTc-7shU&fe…