Whatever indeterminate reassurances emerge from however many EU “summits” on security and shared intelligence, everybody must know that Paris was the end. The disastrously uncoordinated response to the refugee crisis had already discredited the notion that this was a unified federation in which all member states had an equal voice. The grand verbiage of solidarity and cooperation simply dissolved when faced with a global humanitarian disaster – precisely the sort of event which the whole edifice was originally constructed to avert. And then, with Paris, it became horrifyingly obvious that the open borders policy – the most sacred of the EU founding principles – was unsustainable. As Abdelhamid Abaaoud and his army of butchers had clearly known all along, and the migrant-traffickers were able to promise their desperate customers, once you set foot on the holy ground of Europe you may as well be invisible.When will our leaders face up to the truth that the EU is a gigantic sham? - Telegraph
In addition to that the euro is falling steadily falling exchange rates lends credibility to the assertions that the EU is beginning to crack. How can they possibly take on all these refugees when unemployment in some EU countries is in excess of 20%? With the closing of the borders by some countries may bring an end to the EU experiment as open borders were to facilitate free trade which was to facilitate prosperity.....looks like that ain't workin. Didn't the europeans learn anything by the failings of the Weimar Republic? Although this time around more money printing by ECB is resulting in deflation whereas they are trying to achieve inflation. Just another example of central planners making decisions for everyone.....just like adoph did.
have to say i sure like the ever stronger dollar. i will buy drinks for all my european and australian and canadian friends who bought me drinks and such the last few years when the dollar was sucking hind t*tty ....two drinks coming up! euro parity before christmas? 50-50 odds? euro solidarity may be waning but keep a stiff upper lip...as my brit bros would say
The brits never adopted the euro, they are still using the pound. I heard a prediction today that euro would be 103 as opposed to 106 plus by the end of the year. I don't know myself.
ECB just copy Feds; USA is the biggest bubble where solution always been to print more money. Only Feds is private owned by childen of Moses RotSchild
I just hate it when you are right! Federal reserve is privately owned; true. Whether by Rothschild or not I do not know.
Yes they are copying but about 8 years too late. I remember the days when the Euro was well below the USD and was shocked when it was 10% over the USD. 11 year cycle? All I know is I am buying all my big items now so later on when the tide turns I will at least have some material things that will hopefully last till I get old, generally speaking...
