Category Euro Crisis
THE REMORSELESS LOGIC OF EURO FISCAL UNION
“[Osborne] says there is a “remorseless logic” in the eurozone moving towards banking and fiscal union …” Right. So, that’s the United States of Eurozone-Europe then. Oh, and has anybody consulted the Eurozone’s 332 million citizens about Mr Osborne’s “remorseless logic”? Or does “remorseless logic” take precedence over European suffrage? What the hell’s going on […]
AMBROSE EVANS-PRITCHARD WEBCHAT
Today, I (and others, of course) took part in a Daily Telegraph webchat with Ambrose Evans-Pritchard and I thought it might be of interest if I posted a transcript of part of the proceedings. Q1. The Chancellor of the Exchequer has this morning talked about the “remorseless logic” of eurozone fiscal union. Why is the […]
EVENTS DICTATE (AND NOT VICE VERSA)
“Moody’s has downgraded six German banks … due to the increased risk of further shocks emanating from the euro area debt crisis … [meanwhile] … Parliament might be in recess … but the eurozone crisis still rages across the continent …” I have to say that the euro/EU crisis now seems to be entering that […]
EVER MORE FANTASTIC PROPAGANDA
Let’s not be shy about calling the European Commission what it is. The European Commission is a dictatorship. If it’s not a dictatorship, what is it, and what is it for? Ironic really when you consider that the nutjobs who conceived of the European Union dreamt of a utopian European continent. The unsurprising result is […]
CLEGG’S LOVE AFFAIR WITH THE EU
When Clegg speaks out on Europe, it’s absolutely vital to realise that his first and most pressing interest is self-interest, however much he huffs and puffs about what’s good for the people of the UK. Nick Clegg (and so many like him in European and British politics) have so much to lose personally by the […]
GREECE LEAVING THE EURO
Greece leaving the euro and precipitating a virtually uncontrollable sequence of banking, financial and economic events across Europe (and quite possibly further afield) would, in my view, be a good thing … in the medium- to long-term. The short-term impact would be pretty horrendous I imagine. The alternative to such a ‘cathartic moment’ is virtually […]