In a week that saw Britain slide into its first double-dip recession since 1975, we quite fittingly also saw evidence of the sort of insular bigotry and protectionist narrow-mindedness that one associates with that same ugly, painful decade, when Barry Sheerman, Member of Parliament, said:
"I'm getting increasingly worried about the free movement of people across Europe. It's a very competitive world out there, and my constituents resent that."
The signs of unravelling are not confined to British shores. French voters in the presidential elections shocked markets by
(a) favouring the socialist Francois Hollande; and (b) giving almost a fifth of their votes to the far-right extremist Marine Le Pen.
Meanwhile in another turn of the sovereign debt screw, Spain was downgraded toward reality. And the Dutch government collapsed altogether.
Amazingly, the people of Europe just don't seem that keen on austerity. Yet it's worth asking-- why hasn't the recession of today produced the same sense of crisis from the 1970s?
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The muslims have dominated England and Europe in the past 2 decades.
ReplyDeleteThey have the same agenda for the U.S..
Kill them from within , with their financial systems.
It's working too!!
Hasn't anyone noticed this?
This has been the only big change , just like Obama wanted.
I think this time around more folks are more informed as to the reason there is a financial meltdown and what the major cause is. We can't speak to it until November, though...
ReplyDeleteBye, Bye, Obummer!
We are heading full speed ahead to a cashless society.After a certain point that will be the only solution.If you 30 or under there will be a day where a cashier will look at you funny if you present cash for a purchase.You will be credited with the amount you had pre transition and credited with the actual amount your job pays or that you have saved,but physical money will be a thing of the past.Once the main countries convert,the remaining countries will have no choice.This action will be in tandem with a one world currency.
ReplyDelete