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The PIGS of Europe
http://johnbatchelorshow.com/debrief...-of-europe.php Last week, Simon Constable and I explored new information from the EU that the collective prejudice of the big economies of Britain, France and Germany is that the Mediterranean states of Portugal, Italy, Greece and Spain (PIGS) have squandered their treasure and are looking for hand-outs and bail-outs from the EU as soon as March 1. We were told that the EU rules forbid rescuing the failed economies and banks of member states, however the rules can be changed. We also reported an anecdote from Germany, the most potent EU state, that the turmoil of layoffs has already started among the unions, and that the surliness of the British National Party in north England, protesting so-called foreign workers at an Elf Total refinery, is spreading to Continental Europe. Simon asked rhetorically about "brownshirts," who were associated with and aggrandized by the degradation of the Great Depression after 1933. Adolf Hitler and Hermann Goering were Great Depression opportunists. Within days, we found this report from Germany of trouble with a new radical gang called BMW (auf Deutsch, a clever acronym for Movement for Militant Resistance) that claims to have torched the Porsches of the wealthy in Berlin. http://www.bloomberg.com/apps/news?p...gzo&refer=home - HEIL HITLER! |
#2
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On Mar 5, 4:25*pm, wrote:
The PIGS of Europe http://johnbatchelorshow.com/debrief...constable-the-... - Last week, Simon Constable and I explored new - information from the EU that the collective prejudice - of the big economies of Britain, France and Germany - is that the Mediterranean states of Portugal, Italy, - Greece and Spain (PIGS) have squandered their - treasure and are looking for hand-outs and bail-outs - from the EU as soon as March 1. IF {Big 'if'} The European Union [EU] is truly a Union : Then it is incumbent for the EU to stick 'together' and help each other as interdependent "Equals" and weather these economic bad times as one European Economy. Other wise the EU is broken and history. Without the EU : Europe as a single World Economic Force is no more. The Politics of a Broken Europe would lead to the same type of extreme Nationalistic Politics that lead up to WWII. - imho ~ RHF |
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