Wednesday, September 28, 2011

The end is nigh for the EU!

A good analysis of the chaos slowly taking over the entire EU is contained on this link, from which comes the following quote, a rare example of cold reality on the day we heard EU Commission President's ludicrous State of the Union speech to the insanely applauding MEPs:

...In other words, things are once again clear as mud in euro-land. You really couldn't make this up. As always happens when the social mood darkens and a major economic contraction accompanied by a secular bear market in stocks is underway, harmony and cooperation are giving way to discord and hostility. Since the current downturn is one of major degree – an attempt to correct the excesses piled up after four decades of an unprecedented global experiment in employing fiat money – we suspect that both the end of the euro and the end of the EU such as it is now constituted are probably not too far away. There may be a final push to try and hold things together, but the writing is clearly on the wall. 

(Ironies Too blog editor's emphasis added!) More madness here, however from Olli Rehn!

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