Saturday, October 29, 2011

Silvio Berlusconi and the Euro - Eurozone Crisis

Telegraph: Reports on the latest outburst from the colourful Italian PM Silvio Berlusconi, the PM has stated that the Euro is strange and has the confidence of no one. Lets recall the PM is in a hole of his own making from the political to the legal. The EU demanded a real reform programme from the PM, the PM gave them a paper, but it is worthless, the Coalition Government in Italy is split, thus a General Election is expected next year, the EU has its begging bowl out to China, or anyone with a few billion to spare, what next Moscow! The Italian trade unions have made it clear that there will be a fight if the Government tries to reform the age of retirement in Italy, in the case of Italy its going up to 67, unlike Greece, were its 50 odd. Think about this folks, the EU politicians will have to explain to the voter why they have to bow their heads to a Communist regime that does not allow Democracy, YES folks, Marx would in a way have a smile on his face. The Euro is not worth the humiliation folks, but EU politicians act like their in a cult, when will one of them be brave and say No its over for the Euro.

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