Experts are predicting the collapse of the Euro in the next 5 years unless the French and German governments can convince voters that it's a good idea to bail out bankrupt member states and hand over more sovereignty to keep it afloat.
Worryingly, the same experts are warning that the financial difficulties could lead to an official federal EU, as opposed to the effective federal EU that we have now.
The UK economy is getting battered because of the impending failure of the Euro even though we aren't a member of that particular white elephant because we are still shouldering some of the cost of propping the currency up and the ill thought out financial regulations that the EU are cooking up at a frightening rate are being applied equally to us, not just the bankrupt Eurozone.
Tuesday, 8 June 2010
The euro will collapse within 5 years
The euro will collapse within 5 years
2010-06-08T07:27:00+01:00
Stuart Parr
Economy|euro|
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About the author:
Stuart Parr is a UKIP parish councillor for the Brookside ward in Telford & Wrekin and the founder and administrator of Bloggers4UKIP.
Stuart writes a personal blog Wonko's World and tweets as @wonkotsane.
Stuart Parr is a UKIP parish councillor for the Brookside ward in Telford & Wrekin and the founder and administrator of Bloggers4UKIP.
Stuart writes a personal blog Wonko's World and tweets as @wonkotsane.
The euro will collapse within 5 years
2010-06-08T07:27:00+01:00
Stuart Parr
Economy|euro|