EUROPE'S RUNNING SHORT OF PLASTERS.

...when an organization the size of the European Union thinks it can get by with second rate, very often discredited political neophytes; many of them now in positions of influence in Brussels. They were given their posts for showing subservience to the EU over the years, being rewarded with a free ride on the 'gravy train'; jobs for the boys and girls. Well, the chickens are coming home to roost in flocks.

The introduction of the Euro currency was the ultimate prize for this backward looking lot, no doubt thinking (some of them still thinking), that the Euro would become an international reserve currency. The problem, however, was that it was introduced for the wrong reason, to bind European nations together, making it easier for the unelected monolith that is Brussels to govern these former democracies.

Let us be clear about the international melt down being played out today; certainly it is a concern that the United States is sinking rapidly in the west, something that was hastened by voting a socialist into the White House. Nevertheless, the concern for Europeans is the instability of the Euro, which is geared to suiting a Franco/German alliance, and the devil take the hindmost. This is now the major fault of world economics, causing much instability, as many of the Euro nations cannot meet their financial commitments.

Peter Hitchens wrote some years ago that we will finish up being the shoeshine boys.


HE COULD WELL BE RIGHT.