When the author was at school some decades ago, if we were found to be wrong doing, we would be detained after school to do extra work, or write a hundred times ones misdemeanour. The European Union, however, seems to operate a different system; if you can't comply within the specified period to be economically viable, don't be concerned, we'll extend the time. Is it any wonder that the 'single currency' is collapsing at a rapid pace of knots?
Brussels will make any kind of decision to preserve the very thing that will kill off the European project over time. The problem within the Eurozone is not just the southern European states, but many of the northern members. Not only are their national budgets under severe pressure, but they will have guaranteed backing for the likes of Greece, Spain, Portugal, Italy and Ireland. Lord only knows what kind of bill that will turn out to be.
Nevertheless, the system has to survive at all costs. That cost is, as yet, an unknown, but one thing for sure, it will be vast. Who, therefore, will pick up the tab? Perhaps future generations; but how can they afford to keep their various welfare systems well funded, simultaneously paying off our debt? Something has to give. Discipline is a practice best swept under the carpet by the commissioners at Brussels HQ.
LIVING FOR TODAY APPEARS TO BE THE CURRENT MAXIM.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment