Thursday, December 8, 2011

Euro summit

Merkel and Sarkozy are disregarding anything Cameron wants.
Therefore, he will cave in and we will pay the price !!

Grease or is it Greece?

Courtesy of the Daily Telegraph 7th December 2011

Wednesday, December 7, 2011

French default?

Europe promises

1. Cameron promises to veto any agreement if it doesn't suit the UK. He really hasn't understood that he is a nobody. He won't do 'jack all!' and the Uk will get screwed. The polticians should watch out because their jobs will become defunct!!

2. Sarkozy promises the earth,. However, he is a midget compared to previous French Presidents. Again he really has nothing to bargain with and can only promise.

3. Merkel is doing well, she is the winner at the end of the day. She is the only one who can agree and pull anything off. However, she has problems convincing the German people.

Whatever, agreement is reached it will be watered down and down the road will cause more problems.
The latest announcement is that GDP in all members has to be 3% or lower. Well NONE of the countries are at this level so how can it be agreed??

Tuesday, December 6, 2011

S&P going for broke with Europe

http://www.telegraph.co.uk/finance/debt-crisis-live/8937334/Debt-crisis-live.html

So now even the EFSF fund is under review. THE fund to bail out Europe!!
This stinks of an America hit on Europe!

At least someone is, 'cos the UK are failing miserably!!

Cameron is an idiot

Why can't Cameron understand, we are outside the closest members of the EU.
Germany and France do not want the UK anymore until they are in trouble again.
Expect Italian banks to be in crisis evenmore when all the bonds are revalued.
Expect the French banks to be the same.

A credit agency has now said that if the Euro members cannot agree, then they will downgrade them all and I presume that includes Germany!

All the news from the MP's about the UK really being hit is a red herring.
For hundreds of years we have been a trading nation and managed our economies well.
So we can do it again.
The only 'fly in the ointment' are spineless MP's and the Euro MP's about to lose their lucrative positions.

Why is the Bank of England and the Bundesbank printing old money again??
If they were sure that the Euro was to survive then they wouldn't waste this money, would they?

Monday, December 5, 2011

Could UK Unions have a second coming from EU?

If the UK is dragged into the EU, then this will mean that the European Unions will demand that the UK Unions back up their calls.
So we could see an instance where ALL the European Unions will force strikes in all 27 countries.
This will work unless the UK Unions want the same of course then we will get the Churchill salute!
This is a frightening thought as Unions in Europe still have a lot of power.
i.e. Holland or Germany. You cannot sack workers unless a damned good reason and even this is contested.
You have to give 1-2 years money and find the worker a job. etc etc.

Basically UK will be brought to it's knees !