Friday, May 21, 2010

The end of the eu?

I am a eurosceptic. I think the eu should be a defence alliance and free trade zone no more.The UK's natural ties are with the Anglosphere. Will my dream come true? First Greece, then Spain and Portugal. The euro may very well collapse. Can the eu be far behind?

The EU is as doomed as its currency – let's get out from under this collapsing monstrosity

By Gerald Warner Politics Last updated: May 19th, 2010
159 Comments Comment on this article
The European experiment has failed and is only artificially being kept alive on a life-support system of taxpayer-funded bailouts. The euro is now a zombie currency: only the political will of the European nomenklatura keeps it nominally in existence. That is the exact reverse of the proper relationship between a currency and the state: the currency should be the expression of a healthy economy testifying to the legitimacy of the government it represents. Instead, a synthetic European super-state is showing its non-viability and moribundity through the implosion of its currency.

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