Jump to content
House Price Crash Forum
Sign in to follow this  
Saving For a Space Ship

Uk Economy Is Built On A Ponzi & Like All Ponzi Schemes It Will Collapse

Recommended Posts

There is no surplus recycling mechanism in the Euro Zone. Money is not redistributed from surplus countries to deficit countries within the euro zone. Therefore the only way these countries can reduce their trade deficit is to increase exports without being able to devalue their currency. Not an easy feat! Enter the scourge of mass unemployment, wage cuts and austerity. With no sign of policy change from the EU or the ECB, mass emigration from deficit countries to surplus countries looks set to increase.

This on it's own is the strongest argument for Brexit- in their doomed attempts to correct the original sin of the Euro the EU will sacrifice the well being of millions of EU citizens- just as they have already done to the EU citizens who happen to live in Greece.

Ask youself a simple question- if all the billions in bailout money supposedly given to Greece had actually been spent on the citizens of greece why are greek pensioners eating out of dustbins? In reality the only people being bailed out were french and german bankers- to whom most of the money was sent.

The more distant we are from this failing project when it finally implodes the better off we will be. Brexit is inevitable- the only question being do we do it now with some measure of control or is it forced upon us as a dying EU thrashes about in it's death thoes and drags us down with it?

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   87 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.