As we noted first a year ago, the EU will fail. That is, it will not continue to exist in its present form.
There is no need to resort to complexity. "Oh, but Mr. Craven, you are simply not equipped to comprehend the complexities of this situation, obviously you are without pedigree," observed an acquaintance in Rome just yesterday.
Bull.
Human nature and the EU cannot co-exist. One or the other must yield. Guess which one?
A lot of folk, perhaps now even Germans think the cost of getting out is cheaper than the cost of staying in.
To the US, it is exposure to European banks that worries, and we don’t need to wait for a sovereign default to have a run on a European bank.
But what else could we expect of a system birthed of a paranoia to US competitiveness?
That was amusing. This is annoying. So get it over with and quit bothering us.
Robert Craven
There is no need to resort to complexity. "Oh, but Mr. Craven, you are simply not equipped to comprehend the complexities of this situation, obviously you are without pedigree," observed an acquaintance in Rome just yesterday.
Bull.
Human nature and the EU cannot co-exist. One or the other must yield. Guess which one?
A lot of folk, perhaps now even Germans think the cost of getting out is cheaper than the cost of staying in.
To the US, it is exposure to European banks that worries, and we don’t need to wait for a sovereign default to have a run on a European bank.
But what else could we expect of a system birthed of a paranoia to US competitiveness?
That was amusing. This is annoying. So get it over with and quit bothering us.
Robert Craven
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