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EU on verge of collapse

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    EU on verge of collapse

    2017-04-20 EU's collapse now imminent

    The European Union evolved, devolved actually, from basically a free trade pact among a few countries to a giant, dysfunctional, overreaching bureaucracy. Free trade is an excellent idea. However, you don't need to legislate free trade; that’s almost a contradiction in terms. A free trade pact between different governments is unnecessary for free trade. An individual country interested in prosperity and freedom only needs to eliminate all import and export duties, and all import and export quotas. When a country has duties or quotas, it’s essentially putting itself under embargo, shooting its economy in the foot. Businesses should trade with whomever they want for their own advantage.

    But that wasn't the way the Europeans did it. The Eurocrats, instead, created a treaty the size of a New York telephone book, regulating everything. This is the problem with the European Union. They say it is about free trade, but really it’s about somebody’s arbitrary idea of “fair trade,” which amounts to regulating everything. In addition to its disastrous economic consequences, it creates misunderstandings and confusion in the mind of the average person. Brussels has become another layer of bureaucracy on top of all the national layers and local layers for the average European to deal with.

    :::

    You're going to see other countries leaving the EU. The next one might be Italy. All of the Italian banks are truly and totally bankrupt at this point. Who's going to kiss that and make it better? Is the rest of the European Union going to contribute hundreds of billions of dollars to make the average Italian depositor well again? I don't think so. There's an excellent chance that Italy is going to get rid of the euro and leave the EU.

    If Marine Le Pen wins the elections, France will leave as well. That would be a smart move. She would also want to deport the migrants from Africa that are living in tent camps and cardboard boxes everywhere. Another good move. These people aren’t self-supporting, and are acting to destroy what’s left of French culture. Then again, Le Pen herself is no prize. She wants to continue the welfare state, and increase regulations and taxes.

    The French have zero good alternatives, at least if you care about either free minds or free markets. But that’s true everywhere in Europe. The very concept of liberty is dead in Europe.
    Work in the public sector? Read the IR35 FAQ here

    #2
    I wish the article was correct. Sadly the leeches will hang onto power for quite a while yet.

    Comment


      #3
      And there you have the Brexiter mindset.
      We're obviously going to be worse off, so let our neighbours be worse off too.
      Because that's really going to help us

      Hard Brexit now!
      #prayfornodeal

      Comment


        #4
        Originally posted by sasguru View Post
        And there you have the Brexiter mindset.
        We're obviously going to be worse off, so let our neighbours be worse off too.
        Because that's really going to help us

        Sadly that seems to be the EU mindset. UK must be punished for daring to leave. The EU will not seek the best deal for themselves - they only want the UK to get a worse deal.

        Comment


          #5
          Originally posted by BrilloPad View Post
          Sadly that seems to be the EU mindset. UK must be punished for daring to leave. The EU will not seek the best deal for themselves - they only want the UK to get a worse deal.
          Nope.
          That's what you Brexiters started saying when you realised that, contrary to what you ignorantly initially believed, Britian did NOT have the upper hand in negotiations.
          What will happen in negotitations, as happens in all such processes, is that each side will fight for its interests.
          Usually the stronger side gets more of what it wants.
          Hard Brexit now!
          #prayfornodeal

          Comment


            #6
            The trouble with Eurosceptics is they don't bother to inform themselves. They've resurrected the cliche unelected commissioners running Europe argument but that changed with the Lisbon treaty. Power has now shifted to the EU parliament.

            Once you read "unelected blah, blah ...." you know the rest is b***crap.

            I'm alright Jack

            Comment


              #7
              Countries up to their eyeballs in debt will do anything to see the EU fail.

              The EU is not perfect. Nevertheless if you try living on the continent you might understand why it succeeds. (A holiday on Costa de sol is not living on the continent).


              You're going to see other countries leaving the EU. The next one might be Italy. All of the Italian banks are truly and totally bankrupt at this point. Who's going to kiss that and make it better? Is the rest of the European Union going to contribute hundreds of billions of dollars to make the average Italian depositor well again? I don't think so. There's an excellent chance that Italy is going to get rid of the euro and leave the EU.
              Cleary the writer is completely unaware how much gold Italy has. Enough to make the UK blush.
              Last edited by scooterscot; 20 April 2017, 10:46.
              "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

              Comment


                #8
                Originally posted by scooterscot View Post
                Countries up to their eyeballs in debt will do anything to see the EU fail.

                The EU is not perfect. Nevertheless if you try living on the continent you might understand why it succeeds. (A holiday on Costa de sol is not living on the continent).




                Cleary the writer is completely unaware how much gold Italy has. Enough to make the UK blush.
                Mafia loot doesn't count, btw.
                His heart is in the right place - shame we can't say the same about his brain...

                Comment


                  #9
                  Originally posted by BrilloPad View Post
                  Sadly that seems to be the EU mindset. UK must be punished for daring to leave. The EU will not seek the best deal for themselves - they only want the UK to get a worse deal.
                  Poor little Brexity snowflake is being bullied by the EU meanies. It's not fair!

                  Comment


                    #10
                    Originally posted by northernladyuk View Post
                    Poor little Brexity snowflake is being bullied by the EU meanies. It's not fair!
                    A few months ago the Brexiters were strutting about because their asinine leaders had told them they had the upper hand.
                    Now they've found out it isn't true, they can't stop whining.
                    They don't like it up 'em, that's for sure.
                    Hard Brexit now!
                    #prayfornodeal

                    Comment

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