Tuesday, June 5, 2012
THE END OF THE EU IN IT'S CURRENT FORM?
INVESTORS ARE ANTICIPATING A MELTDOWN OF THE EUROPEAN UNION There doesn't seem to be any alternative to a meltdown of the EU. GREECE has unsustainable debt and Germany is the only one making money inside the EU. The Financial markets are saying, that capital flight from the EURO into DOLLARS is ongoing, as is also from ASIAN COUNTRIES. Even though the USA is not paying any interest rates to store foreign capital exchanged into dollars. Without a FEDERATION, of the EU in which sovereignty is surrendered, as individual states managing budgets, seems to signal eventually, the END, of the EU in it's current form. A high standard of living in the EU, supported by high taxes and socialist systems that need productivity to finance, through escalating taxes, seems to signal the END. On the productivity part, it would seem that all the European MANUFACTURING PRODUCERS have moved to the American Continent, particularly Latin America. Business is booming there for them. But they are no longer European, they are South and Central American. It may be EURO money capital flight, but the jobs and manufacturing have gone to the Americas.
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