Europe is only as strong as it's weakest link, and several more have been added to the chain of late. Economically as a whole it is a shambles with member states scrabbling around trying to find loopholes in the constitution to ensure fiscal compliance for continued membership, rather than just admitting a that as an economic model for such a wide and diverse area, it is impossible for all to adhere to, even the Germans and French!
Interest rate caps have sent governments into a frenzy of interest rate control that has caused overborrowing of titanic numbers, and a banking economy that is wondering wher the cash for these borrowing streams, if they continue, will come from. Natural interest rate fluctuations that control prices in manner that is relevant to money supply are now defunct. Bad sign. The above is a very good example of what happened to the Communist state and money control, in the end it just bankrupted itself.
As for NATO, bin it, no USSR/Eastern Block to worry about now. Just another huge cash drain for the major states to gurantee the minor they got their backs covered if it kicks off. And why do you always see UK/US forces leading the way into the areas in the early 90's where there was a remote chance of anyone getting hurt??
The EU only benefits those that take out more than they put in,
real pain that as we see feck all benefit in the UK, unless you are a pikey scummer who want to use the supreme Euro court to fight for your right to tarmac over any blade of grass you see fit to rest their scrounging butts on.
rant off!!
Interest rate caps have sent governments into a frenzy of interest rate control that has caused overborrowing of titanic numbers, and a banking economy that is wondering wher the cash for these borrowing streams, if they continue, will come from. Natural interest rate fluctuations that control prices in manner that is relevant to money supply are now defunct. Bad sign. The above is a very good example of what happened to the Communist state and money control, in the end it just bankrupted itself.
As for NATO, bin it, no USSR/Eastern Block to worry about now. Just another huge cash drain for the major states to gurantee the minor they got their backs covered if it kicks off. And why do you always see UK/US forces leading the way into the areas in the early 90's where there was a remote chance of anyone getting hurt??
The EU only benefits those that take out more than they put in,
real pain that as we see feck all benefit in the UK, unless you are a pikey scummer who want to use the supreme Euro court to fight for your right to tarmac over any blade of grass you see fit to rest their scrounging butts on.
rant off!!