In spite of the increasing cries of fear and desperation expressed by EU citizens, EU leaders and EU politicians choose systematically, to ignore the pains of electors !!!
The reality is again visible in newspapers published today, Thursday, 15 November 2012. There have again been riots recently in Spain, Italy, Portugal and Greece, not just once but on several occasions, against the measures of austerity which are being proposed and imposed.
These measures of austerity are being imposed by leaders of the EUROZONE, in particular by Merkel and Germany, and the sole objective is to "save" the EURO !!!
In previous decades, before the EURO was "born", when a country "overspent" its currency was slowly discounted against other currencies. In critical cases this even led to a complete and sudden devaluation.
In the case of the EUROZONE this is no longer possible. This is no longer an option !!! EU rules must be applied indiscriminately; "golden" rules must be observed !!! Ultimately the rich Germans (and others) will feel the pinch, they will not want to pay "the indirect tax cost" of preventing the failure of the EURO !!!
Current EU "political leaders" will ultimately be voted out or retired !!! Countries like Spain, Italy, Portugal and Greece need the option now to readopt their old currency, to leave the obligations and the debts of the EURO system behind them. They need to reorganise their finances and, why not, perhaps later to rejoin the EURO.
Is there another, better scenario to end the current crisis of these countries (and perhaps further countries !) ?
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