Friday, November 18, 2011

Cameron vs Merkel today! and the inevitable with EU and the Euro

I don't care whatever is said, there is NO way that there can be a an agreement between Cameron and Merkel on the Euro or the EU.
Merkel has her own agenda which means the UK will lose it's identity in an already German Federal State!
Cameron has declared he wants UK powers back, which Merkel and Sarkozy will not agree to.
So I think it's better that we all go our own way and then we shall see who is right!

On the crisis as I said yesterday France is definitely in trouble and this will become more prominent over the next few months.
No matter what they are doing now there is only one way and that is for the ECB to buy ALL and every European bond! No other way will work.
Greece cannot make anymore Austerity announcements as there will be civil war.
Italy are already up in arms against it, Spain hasn't even started yet.

Germany and France are trying to railroad changes to the EU and this means taking Sovereignty away. In Ireland this MUST have a referendum and if they do, then the UK will have to have one and then several other EU countries. This will mean that Ireland will leave, UK will leave and maybe Denmark, Greece, etc.
The road is rocky but it's coming to a 'Dead end'.
All the leaders and the IMF have expressed in their own euphamisms that the depression is coming.
In the UK the government will have to force spending with hurriedly brought forward infrastructure upgrades, telecommunication and housing restructures and building.
However, the UK government MUST ensure that UK citizens get the work first, otherwise they will just export the economy has I have said they have been doing by using Polish etc workers.

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