Daniel Hannan om det infantile EU – Frankrig, Spanien, Grækenland med flere. Vi skal holdes fast i renteslaveri, fordi vi skylder os selv penge? Neil Cavuto interviewer:
Europe’s demise
It’s a hoax, a goof, a scam, skriver David P. Goldman hos PJ Media:
“The Euro is working remarkably well”. Det siger Watson i en debat, der faktisk er ret god. Fra France 24 18. juni 2012 – vært Christophe Robeet:
UKIP Nigel Farage MEP vs Lib Dem Graham Watson MEP – June 2012
UK Independence Party leader Nigel Farage goes against the pro EU fanatic Graham Watson
UKIP Activist Upload – Nigel Farage on CNBC – 15 June 2012
UKIP Leader Nigel Farage interviewed on CNBC on June 15. He is questioned about the Euro crisis and essentially asked if there is any hope for stability by a bunch of currency trading sharks who actually go on after the interview to advise their viewers how to make money shorting the Euro in the event of a Syriza win on Sunday.
Snik-snak fra morgen-tv:
Nigel Farage on Sky News 16/06/2012
Nigel Farage on today’s newspapers & Greek crisis.
Speaker: Nigel Farage MEP, Leader of the UK Independence Party (UKIP), Co-President of the ‘Europe of Freedom and Democracy’ (EFD) Group in the European Parliament
Joint debate: European Council meeting – Multiannual financial framework and own resources
A. Preparation for the European Council meeting (28-29 June 2012) Council and Commission statements [2011/2920(RSP)]
B. Multiannual financial framework and own resources Council and Commission statements [2012/2678(RSP)]
Sidste nye interview med Farage fra King World News, – ikke noget med at lægge fingrene imellem. Artikel om interviewet:
Nigel Farage – Europe is Collapsing, Buy Gold & Expect QE
7. juni 2012
On the heels of Fed Chairman Bernanke’s comments, Spain being downgraded and key meetings taking place in Europe, today King World News interviewed MEP (Member European Parliament) Nigel Farage, to get his take on the ongoing crisis. Farage told KWN that “when I look into the eyes of the leaders of Europe … what I’m seeing now is madness, absolute, total and utter madness.” Farage also discussed the action in the gold market, but first, here is what Farage had to say about the deteriorating situation in Europe: “Of course, over the last couple of years we’ve had two bailouts of Greece, a bailout of Ireland, Portugal. We’re now on the verge of needing a bailout in Cyprus, but perhaps more significantly, a bailout in Spain.”
Nigel Farage continues:
Mere HER hos King World News. Og selve audioen – King bruger altid samme følgetekst til sine Farage-interview, den kommer med her for en gangs skyld:
Nigel Farage: Member of the European Parliament (MEP) & Founding Member of the UK Independence Party (UKIP) – Nigel is MEP for the South East region and is the leader of the parliamentary party in the EU parliament.
He has worked for British, French and American companies operating in the commodity markets, especially the London Metal Exchange (since 1982).
The central aim of the party is the UK’s withdrawal from the European Union and to regain control of this nation’s governance through our own Parliament at Westminster.
Nigel was a Conservative activist from his schooldays until the overthrow of Margaret Thatcher; John Major’s signing of the Maastricht Treaty brought his membership to an end.
Startes HER – åbner Windows Media Player. Varighed små 14 minutter.
Vi snupper også lige denne video om den elendige verdensøkonomi. Kathleen Walter interviewer – fra 31. maj 2012:
Jim Rogers: Greece Should Go Bankrupt, Stay in Euro
Sommetider bliver jeg lidt træt af amerikanernes opfattelse af “the welfare state”. Pavlovs hunde kunne ikke have gjort det bedre. Europa har nogle og 50 selvstændige lande og endnu flere velfærdssystemer. De evindelige generaliseringer er irriterende. Men som lovet - Steyn:
Give-and-Take
Mark Steyn – June 5, 2012
Some years ago in this space, I cited a famous Gerald Ford line he liked to use when trying to ingratiate himself with conservative audiences: “A government big enough to give you everything you want is big enough to take away everything you have.” And I posited an alternative thesis: A government big enough to give you everything you want isn’t big enough to get you to give any of it back.
That’s what the political class of Europe’s cradle-to-grave welfare states have spent the last three years doing: trying to persuade their electorates to give some of it back. Not a lot, just a bit. In France, President Sarkozy raised the retirement age from 60 to 62. French life expectancy is 80.7, so you still get to enjoy a quarter of your entire human existence as one long holiday weekend. In Greece, where those in officially designated “hazardous” professions such as hairdressing and TV-announcing get to retire at 50, the government raised the possibility of ending the agreeable arrangement by which public-sector employees receive 14 monthly paychecks per annum.[...]
Simple-mindedness and megalomania characterize the “European project.”
Theodore Dalrymple – 31 May 2012
On a flight from Copenhagen to Brussels, I read two publications that I see infrequently: the International Herald Tribune and Le Soir, the principal Belgian newspaper in French. Both, not surprisingly, had much coverage of the European crisis, and both used an expression that, to me, has a sinister ring: the European project.
Det er så rart, når venstrefløjen får en kvalificeret skideballe. Og dem er der flere af her. Glenn Beck kan godt være lidt overgearet, men skidt:
Freedom Center of Philadelphia: Craig Snider & David Horowitz
May 31, 2012. Union League of Philadelphia and the Philadelphia Freedom Center presented special guest, Glenn Beck with the Patrick Henry Award. Craig Snider opening remarks followed by David Horowitz opening remarks and intro of Glenn Beck. Part 2 is Glenn Beck and Part 3 is the Q and A.
Glenn Beck Receives Patrick Henry Award @ Philadelphia Union League
[Part 2 of 3] On May 31, 2012, the Union League of Philadelphia and the Philadelphia Freedom Center presented the Patrick Henry Award to Glenn Beck. Part 3 is the Q and A. Part 1 is the opening remarks by Craig Snider and David Horowitz.
Glenn Beck (Q and A ) at Union League of Philadelphia-2012
(Part 3 of 3) May 31, 2012. After Glenn Beck’s speech, Admiral Thomas Lynch presents him with the Philadelphia Freedom Center’s Patrick Henry Award . Then, Barry Magarick of the Union League of Philadelphia, leads a short Q and A.
Nigel Farage – We Are on the Edge of a Total Social Breakdown
May 24, 2012
On the heels of news out of Greece that a 60-year-old man and his 90-year-old mother leaped to their deaths because of financial despair, today King World News interviewed MEP (Member European Parliament) Nigel Farage, to get his take on the ongoing tragedy and crisis in Europe. Farage told KWN that “we are on the edge of total social breakdown” and “the banking system is now in the most perilous state we’ve seen in over 70 years.” Here is what Farage had to say about the deteriorating situation: “Well, the situation in Greece just goes from bad to worse. We’ve now got a situation where there was the big suicide a few weeks ago, where a 77-year-old man shot himself in the head outside the Greek Parliament. That was the public face of what’s gone wrong.”
Nigel Farage continues:
Startes HER – åbner Windows Media Player (godt 14 minutter). Og artiklen fortsætter her.
You wanted brave, Mr Draghi? Well, meet Mr Sarrazin
By Christopher Caldwell – May 26, 2012
European Central Bank president Mario Draghi urged European governments to make a “brave leap” towards greater fiscal union this week. Seldom do people who call for intellectual bravery genuinely want it. As the Bundesbank warned German taxpayers of the “considerable risks” they had already taken on by vouching for Greek debts, two men who have won adulation for their new ways of thinking about the eurozone crisis spoke in Berlin. Neither received a warm reception.
Thilo Sarrazin, the economist, Social Democrat and former Bundesbank governor, is nothing if not brave. Two years ago his profound book about the decline of Germany’s social market economy – The Abolition of Germany – became the biggest-selling non-fiction book of the past decade, largely for its bluntness about immigration, education and welfare. His new book, Europe Doesn’t Need the Euro, topped the bestseller lists as soon as it went on sale on Wednesday.
Mere HER hos iPolitics. Artiklen er egentlig fra The Financial Times, men de har låst den inde.
Farage: Break up the euro and restore human dignity
European Parliament, Strasbourg, 22 May 2012
Speaker: Nigel Farage MEP, Leader of the UK Independence Party (UKIP), Co-President of the ‘Europe of Freedom and Democracy’ (EFD) Group in the European Parliament
Bluecard question: Georgios PAPANIKOLAOU MEP (Greece), Group of the European People’s Party (Christian Democrats) (EPP group)
Debate: Preparation of the informal European summit – Investment, growth and jobs – Council and Commission statements [2012/2645(RSP)]
Den økonomiske krise i Spanien spidser til. Recession, konkurstruede banker, bristet boligboble, voldsomme demonstrationer i alle større byer og mere af samme skuffe. De er stadig betydeligt bedre stillet end grækerne, men hver fjerde spanier er arbejdsløs. Ikke mindst de unge er hårdt ramt. Her er det mere end hver anden, der ikke har job, skriver Berlingske Tidende. Lidt økonomi før artiklerne om islam i Spanien:
Europe’s Worst Fear: Spain and Greece Spiral Down Together
By Landon Thomas Jr. – May 20, 2012
In a season of nightmare projections for Europe, this one could be the scariest: Greek leaves the euro currency union at the same time Spain’s banking system is collapsing.
In many ways, the market convulsion last week was a test run for those crises, as political deadlock in Greece and mounting fears over the health of Bankia, one of the largest consumer banks in Spain, converged. The credit ratings agency Moody’s Investors Service downgraded the entire Spanish banking sector Thursday.
As investors gird for another challenging week, they will be hoping European leaders in Brussels, if not Frankfurt where the European Central Bank is based, can finally start to map out an action plan. It is not clear that policy makers have many good options.
Spanish village goes back to peseta: Residents turn to old money they’d held on to in case the euro folded
By Lee Moran – 15 February 2012
Thirty businesses have started using old currency
Spain estimated to have saved 1.7bn euros in pesetas
Jobless rate in Villamayor de Santiago above national average – with a third out of work
Mere HER i The Daily Mail. Og så til muslimer i Spanien:
Spain Facing Creeping Islamization
by Soeren Kern – March 9, 2012
Laaroussi was questioned by police but refused to answer questions because he does not recognize the legitimacy of the Spanish state. According to one estimate, 75% of all babies born in Spain on January 1, 2012, were born to immigrant parents, primarily from Morocco.
A radical Islamic preacher in Spain has been arrested for calling on Muslims to use physical and psychological violence to “discipline” errant wives who refuse to submit to Islamic Sharia law or obey their husbands.
Spanish public prosecutors say Abdeslam Laaroussi, a charismatic imam from Morocco who preaches at a large mosque in Terrassa, an industrial city situated 30 kilometers north of Barcelona, is guilty of “incitement to violence against women” for “providing concrete examples of the manner in which wives should be beaten, how to isolate them inside the family home and how to deny them sexual relations.”
Mere HER hos Gatestone Institute. Kern har mere om islamistiske tv-kanaler i Spanien i denne artikel:
As part of the agreement, however, the ruler of Ras al-Khaimah required Real Madrid to remove the cross from the crown on its logo for all promotional materials. The president of Real Madrid dutifully complied.
The top-ranked football team in Spain, Real Madrid, has removed a Christian cross from its official logo as a way to strengthen its fan base among Muslims in Europe and the Middle East.
According to Spain’s top sports newspaper, Marca, the change was made to “avoid any form of confusion or misinterpretation in a region where the majority of the population is Muslim.”
Real Madrid says its decision to remove the cross from its logo (see image here) is simply a cost of doing business in a globalized world. But critics say the move represents yet another erosion of European culture and tradition in the face of encroaching Islam.
The problem is so grave that the United States has proposed setting up an intelligence hub at the U.S. Consulate in Barcelona to counter the growing threat.
Nine Islamists accused of planning terrorist attacks aimed at “liberating” Spain for Islam are standing trial in Madrid.
Spanish public prosecutors say the men — Salafi-Jihadists who belonged to an Islamist cell known as the “Army of the Messiah” (Ansar al-Mahdi) — sought to “free” the cities of Ceuta and Melilla, two Spanish enclaves in northern Africa, from Spanish rule and thus begin the Islamic re-conquest of Spain.
Salafism is a branch of radical Islam that seeks forcibly to re-establish an Islamic empire (Caliphate) across the Middle East, North Africa and Spain, which Salafists view as a Muslim state that must be reconquered for Islam.
Controversies over Islam dominated the Christmas and New Year holidays in Spain this year.
These conflicts reflect the growing influence of Islam in Spain after mass immigration from Muslim countries. They are a harbinger of things to come, especially as the Muslim population in Spain is predicted to double within the next fifteen years.
Demography, not surprisingly, is a major topic of debate in Spain. Spanish newspapers, for example, reported that the first child born in Spain in 2012 was Fatima, whose parents are Muslim. According to one estimate, a whopping 75% of all the babies born in Spain on January 1, 2012 were born to immigrant parents, primarily from Morocco.
Mere HER hos Gatestone Institute. Flere historiske artikler:
“The levels of anti-Semitism in Spain are among the highest in Europe,” wrote the Spanish daily, El Pais. According to a poll, presented on November 30 during the Fourth International Seminary on Antisemitism hosted at the Caja Navarra Foundation in Madrid, 52% of Spanish students declared that they would not like to have a Jewish classmate sitting next to them, and 58% of adults thought that Jews have too much power and that they are all too rich.
The organizers of the Madrid conference said they were sad an bewildered that anti-Semitism “is a problem that is often denied in the country.” The Federation of the Jewish Communities in Spain (FCJE) also stated that although surveys indicate that there are high levels of “hostility” towards Jews, “most leaders and media persons believe there is no prejudice whatsoever against Jews.” However, sociologist Alejandro Baer explains that the situation has become unbearable and that it is time to face the problem: “In Spain, insults, writings and slogans against Jews are considered normal.”
Is New Moroccan Government Inciting Muslims in Spain?
by Soeren Kern – December 8, 2011
Some 3,000 Muslim immigrants took to the streets in near Barcelona to protest recent cuts in social welfare benefits.
The protest, which took place on December 5 in the industrial city of Terrassa, about 30 kilometers from Barcelona, was organized and attended by Moroccan immigrants.
The size and spontaneity of the demonstration caught local officials by surprise — they had been expecting no more than 300 demonstrators — and reflects the growing assertiveness of Muslim immigrants in the northeastern region of Catalonia.
Mere HER hos Gatestone Institute. Baskerlandet bliver også løbet over ende af islamister, ligesom wahhabisterne har travlt i spanske ghettoer, fortæller Kern i disse artikler – den sidste har været blogget her en gang tidligere:
Videoen kommer ind på en del af de samme emner som artiklerne – fra CBN 6. februar 2012:
Under Siege? Spain Resists Islamic ‘Invasion’ – CBN.com
The Koran instructs Muslims to conquer the whole world for Islam. It happened 1,300 years ago in Spain — and some say it’s happening again… The Christian Broadcasting Network CBN
EUs finanspagt skal til folkeafstemning i Ireland den 31. maj 2012. Farage opfordrer til, at man stemmer nej:
Don’t Be Mugs! Vote No! – Nigel Farage in Dublin
• Dublin, 17 May 2012 – The Last Word – Today FM (radio)
• Nigel Farage MEP, Leader of the UK Independence Party (UKIP), Co-President of the ‘Europe of Freedom and Democracy’ (EFD) Group in the European Parliament
• From source site: Referendum Debate Special – In association with Irish Life, The Last Word with Matt Cooper hosts a Today FM Europe Debate on the Fiscal Stability Treaty referendum in front of a live audience in Dublin city centre this Thursday 17th May.
UKIP Leader and MEP Nigel Farage will line up alongside Sinn Fein deputy leader Mary Lou McDonald and trade union leader John Douglas of Mandate to argue for a no vote in the forthcoming Fiscal Compact treaty referendum. They will be faced by a government minister from the Labour Party, Fianna Fail leader Michael Martin and leading Irish businesswoman Nicola Byrne, chief executive of 11890. The debate, chaired by Matt Cooper, runs from 4.30pm t+o 6.30pm and will also feature questions from an audience of listeners to The Last Word. The debate will be streamed live in full right here on todayfm.com.
The debate, which takes place live from the Irish Life Centre in Dublin, will be streamed live on todayfm.com.
Opdatering 22. maj 2012 – om Grækenland, Spanien, EU:
Collapsing Euro, UKIP Nigel Farage vs Labour Denis MacShane – BBC Daily Politics (18May12)
UK Independence Party Leader Nigel Farage takes on Eurofanatic Labour MP Denis Macshane
Vi skal lige se lidt Farage for at fejre, at det er weekend. Capital Account fra Russia Today den 9. maj 2012. Lauren Lyster interviewer:
Nigel Farage on the “EU Titanic” and the “Rebirth of National Socialism in Europe”
Welcome to Capital Account. It’s Europe Day! And what a day it is, at a time when the political parties seeing gains in multiple countries are those who want less Europe, not more. In fact, some of them, like Golden Dawn want a rejection of all of Europe. We speak with Euroskeptic member of European parliament and leader of the United Kingdom Independence Party, Nigel Farage about his recent speech in Brussels, his non-wine tasting event and his prospects for the European Union’s future.
Nigel Farage has talked often about the lack of democracy, the rise of technocracy, and predicted a country like Greece was headed towards some kind of revolution. We also speak to him about his party’s recent results in local elections in the United Kingdom, where UKIP had its best showing ever. For years, since the early 1990s when Farage was a founding member of the UK Independence party, Farage has been a Euroskeptic, pushing for the UK to pull out of the EU. For years he was a lone voice in European Parliament calling the Eurozone project a disaster.
And sticking to Europe, is Greece the poster child for what happens when the price mechanism of democracy, which has been suppressed by technocracy finally unleashes itself? Will technocrats, eurocrats, central bankers and big money succeed in manipulating it? Are we seeing the rise of national socialism in Europe and has the the EU titanic really hit the iceberg, as Nigel Farage put it during his latest speech to european parliament. Will this force a stop to the madness of integration as he sees it, or will the continent of Europe sink deeper into the sea of discontent and social unrest?
Lauren asks Mr. Farage if he thinks this is an important turning point for a country like Greece and for the EU, or if he thinks eurocrats in brussels will find some way, working alongside their viceroys in deficit countries, to keep Greece under their thumb?
Farages vurdering af EUs krise har aldrig være mere dyster – Eric King interviewer:
Nigel Farage – There Will Be an Attempt to Install a Dictatorship
May 8, 2012
With escalating fears regarding the stability of the eurozone, today King World News interviewed former LBMA commodities broker and trader and current MEP Nigel Farage to get his take on the situation. Farage told KWN he believes there will be an attempt, within months, to install a dictatorship in Europe. Here is what Farage had to say about the deteriorating situation:
Startes HER – åbner Windows Media Player. Varer små 15 minutter. Og artiklen fortsætter her hos King World News. I videoen taler Farage ved en boglancering:
The Right and the Left Rising Across Europe Against the EU – Nigel Farage
European Parliament, Brussels, 9 May 2012
Speaker: Nigel Farage MEP, Leader of the UK Independence Party (UKIP), Co-President of the ‘Europe of Freedom and Democracy’ (EFD) Group in the European Parliament
Book Presentation: Europe Falters: The Abduction of Europe by the EU, by Wim van Rooy, Remi Hauman and Sam van Rooy
Og tale i Europaparlamentet:
Farage: We face the prospect of mass civil unrest, even revolution
European Parliament, Brussels, 9 May 2012
Speaker: Nigel Farage MEP, Leader of the UK Independence Party (UKIP), Co-President of the ‘Europe of Freedom and Democracy’ (EFD) Group in the European Parliament
Debate: Statement by the President of the European Parliament, Martin Schulz MEP, on the occasion of Europe Day
Christopher Caldwell anmelder to bøger. Dels “Europe’s Angry Muslims: The Revolt of the Second Generation” af Robert S. Leiken og dels “After the Fall: The End of the European Dream and the Decline of a Continent” af Walter Laqueur:
Europe’s Other Crisis
May 4, 2012 | Christopher Caldwell
In two separate incidents in March, Mohammed Merah, a French-born French citizen who thought he was waging jihad, ambushed four soldiers around Toulouse, killing three of them. A week later, he shot dead three children arriving for morning classes at a nearby Jewish school, along with a young rabbi who was father to two of them. The children were aged eight, six, and three. Merah recorded the killings on a micro-camera mounted around his neck and sent the footage to Al Jazeera, which did not air it. Shortly before he died by gunfire, Merah told the soldiers who had surrounded his apartment that he regretted not having done more of what he did.
These were crazy deeds, and one can argue about what role insanity played in them, but something else needs to be candidly acknowledged: the killer was not a lone wolf. He had a measure of community support and a great deal of family support. His brother Abdelkader professed himself “proud” of his relation to the murderer. His mother refused to convince her son to surrender to police. His father threatened to file a wrongful-death suit against the French state. The contemporary culture of politicized Islam, as deracinated Internet-surfers understand it, is what Merah believed he was fighting for. He was upset about French laws that limit the wearing of the Muslim veil among schoolgirls. Someone had whipped him into a frenzy over Israel’s occupation of the West Bank.
Mere HER hos The New Republic. OBS: Jeg har valgt at linke til printversionen for at undgå den fjantede sideinddeling, som er her.
François Hollande er Frankrigs nye præsident. Nicolas Sarkozy har tabt. Artiklen herunder er skrevet før valget, – på trods af datoen:
The Lady with the Popular Front
France’s rightists have grown too big to ignore.
May 7, 2012 • By Christopher Caldwell
The French prefer “tenacity” to “cooperation” by a measure of 51-44 percent, according to a poll about political attitudes published this election season. By 57-41 percent they like “hard work and courage” better than “social justice and solidarity.” Such attitudes have not been widespread in France since the war. On Friday, Dominique de Villepin, the foreign minister who led France out of the Iraq war coalition in 2003, professed himself “frightened” of France’s right-wingers. As Attorney General John Mitchell said of the United States in 1970, “This country’s going so far to the right you’re not even going to recognize it.”
On GBTV Geert Wilders Sits down w/ Glenn Beck and Talks Europe, Islam, Terrorism, & America
On May 3rd Dutch Parliament member Geert Wilders sat down with Glenn Beck and talked about the state of Europe, America and the impact Radical Islam and Terrorism are having upon the world.
Marked for Death
Fanatics, terrorists, and appeasers have tried everything to silence Geert Wilders, Europe’s most controversial Member of Parliament—from putting him on trial to putting a price on his head. But Wilders refuses to be silenced—and one result is the book you have in your hands.
For years, from his native Netherlands, Wilders has sounded the alarm about the relentless spread of Islam in the West. And he has paid a steep personal price, enduring countless death threats and being forced into a permanent state of hiding.
Now, for the first time, Wilders offers a full account of his long battle against the zealots who have already slaughtered his countryman Theo van Gogh—whose killer also threatened to murder Wilders himself.
In Marked for Death, Wilders reveals: How—and why—liberal politicians, including Barack Obama, downplay the Islamic threat The systematic suppression of free speech through lawsuits, prosecutions, threats, and violence meted out against Islam’s critics The untold story: how Islamic groups are redefining human rights to suppress non-Muslims everywhere The true, bloody history of Islam’s spread throughout the world How the West can defend itself against an existential enemy determined to conquer the globe
Expelled from Britain, banned from Indonesia, denounced by the UN Secretary General, prosecuted in court for his beliefs, forced into government safe houses, and constantly threatened with death, Geert Wilders is unbowed and unapologetic. Marked for Death is a stark warning about a growing threat to our liberties written by a man who has lost his freedom—and would not see the rest of us suffer the same fate.
Vi skal også lige have en dosis Farage i dag, – det er så godt for helbredet. Hørt før, men pyt med det:
Nigel Farage: Euro Break-Up Just a Question of How
European Parliament, Strasbourg, 18 April 2012
• Speaker: Nigel Farage MEP, Leader of the UK Independence Party (UKIP), Co-President of the ‘Europe of Freedom and Democracy’ (EFD) Group in the European Parliament
• Debate: Means to combat the economic crisis, particularly in the Eurozone – Statement by the President of the Commission [2012/2613(RSP)]
Vi må ikke være et folk. Vi må ikke være en nation. Nej, fremtiden skal være renteslaveri for alle Europas pseudo-lande. Garanterne for den Europæiske Centralbank er os – indbyggerne i de tidligere selvstændige nationer. Fremover skal vi give afkald på rettigheder, fordi vi skylder os selv penge. Unionen skal reddes for enhver pris, – vi hæfter solidarisk for de penge, vi skylder os selv. Deutsche Bundesbank skal køres ud på et sidespor - mere magt til Goldman Sachs, Den Europæiske Centralbank og lignende skurkagtige foretagender. Få dog den åndsvage union afviklet. Ned med EU! Og tag lige 82-årige Soros med, forresten:
Reversing Europe’s Renationalization
George Soros – Apr. 11, 2012
Far from abating, the euro crisis has taken a turn for the worse in recent months. The European Central Bank managed to relieve an incipient credit crunch through its long-term refinancing operation (LTRO), which lent over a trillion euros to eurozone banks at one percent. This brought considerable relief to financial markets, and the resulting rally obscured underlying deterioration; but that is unlikely to last much longer.
The fundamental problems have not been resolved; indeed, the gap between creditor and debtor countries continues to widen. The crisis has entered what may be a less volatile but potentially more lethal phase.
Mere HER hos Project Syndicate. Forbes har en artikel om artiklen:
Et klart mønster tegner sig. Konservative medier får etiketten ‘højreorienteret’, hvorimod venstreorienterede får ‘uafhængig’, ‘velanset’ eller ‘troværdig’.
Seneste kommentarer