As I have said on numerous occassions, the EU and the Euro are going to collapse.
The latest is Belgium. Already near to bankruptcy on an annual basis it looks likely to be downgraded by the rating agencies and spreads on bonds etc have risen.
This puts Belgium in the 3rd world level !!
So how can the EU continue in a broken country?
Only that it's easy to fiddle expenses and claim ridiculous amounts taxpayers money, without being accountable.
Sounds like Africa!!
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