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Monday, 20 June 2011

End of the beginning for the EU.

Riots and protests continue in Greece although you wouldnt know it from the coverage of our own media.

I have it on good authority that there has also been  protests  in Madrid which have not been reported anywhere.The whole of Europe could be ablaze for all we know and all the BBC and others are worried about is unrest in Syria  and bombing Libya into the stone age.

If anyone has been abroad in Europe  over the last month or so and witnessed unrest then let me know so I can compile a map of civil unrest across the continent.The battle for freedom in Europe has begun yet most people are completely ignorant of anything beyond the brain numbing rubbish that passes for TV programs these days.

To quote Churchill "Now this is not the end. It is not even the beginning of the end. but it is, perhaps, the end of the beginning"

As an aside doesnt it seem strange to people that Greece and the other PIGS are going to pay off their debts by taking out further loans.If an individual was facing bankruptcy I dont think going to the bank to borrow more money to pay off your existing overdue debts would go down very well.Default is the obvious answer but does the Greek government have the balls to pull the plug knowing that would be a green light for all other Countries in a similar situation to do the same.The downfall of the Euro and probably the EU would only be catastrophic for the bankers and the politicos who have had it coming for a long time.Life may become harder for many people but not as hard as it would be if you had to work yourself into the ground for the benefit of bankers and politicians but with no benefit to yourself.The fact is the higher you are the further you have to fall and the sight of bankers and politicians falling from a great height makes it something worth striving towards.

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