-------------------------
. Eurozone is like an expensive experiment that has become a dilemma.
. Too expensive to fail. Too massive to discontinue.
. But failed to work.
. At the same time, the power of banking fraternity which has become a uncontrollable monster
created by the same government's neo liberalist policies the past 2 decades, is creating havoc
the governments are finding it difficult to rein in although it might have some success.
. if Soros liquidating of his hedge fund is anything to go by.
. Through Basel III and decreasing of Liquidity in the market
. Through the raising of interest rates iand bank's capital ratios.
. China has been the most aggressive of all.
. Eurozone is like members of a tug of war team
. Mixed of strong and weak.
. Each tied to one another.
. Sharing the same fate
. Now the weaker members are fatigue and exhausted.
. The strongest, like Germany has to bear the responsibility.
. But a Germany is thinking why should we ?
. It will also weakened and taxed Germany financial resources.
. If that happens, and Germany takes up the leadership role
. As France is facing its own problems.
. That would mean, Germany becomes the Big Brother of Europe.
. Just as the Austrian Soros a financial speculator wants.
. EuroZone members will then be subjugated to Germany.
. And Germany is subjugated to the global mega financial institutions that it tries to control.
. Which just maybe as a speculation, EuroZone then is subjugated to UK financial elites.
How then will that affect Euro ?
No comments:
Post a Comment