Wednesday, December 19, 2012

Spain & The Euro.

For now nearly 10 years, I have been writing about the disaster of being trapped in the Eurozone.
Let us take Spain as our recent example: Firstly, one-size-fits-all has been the oh-so predictable disaster in the offing which should have been easily spotted by following simple logic. Secondly, there is no room to address economic problems by employing the standard method of devaluing the currency to aid exports et al.
This week's programme The Great Spanish Crash on BBC2 has revealed a third area of disaster.
It is like when you gift food to starving nations instead of helping them become self reliant.
Spain has taken scores of absurd fiscal decisions - many of them on the regional level simply because they knew that they could always fall back onto the good ole EU every time they did something stoopid.
Spain's economy is much bigger than that of Greece and so they can blackmail Merkel with their 'If you do not give us preferential bailout terms - we'll quit the euro and the whole thing will die.'
Even so ONE HALF of under 25s are now unemployed!
Against this backcloth - Poland is planning to join The Eurozone and will be welcomed with open arms.
If you made this the subject of a comedy film - it would be you, NOT the film, that people would be laughing at!

Christmas Blessings To ALL Who Know The Saviour.

To those who have not yet bowed their knee to the Christ - I pray for your salvation in the coming year. Isaiah 9. 6  For to us a child is b...