Tuesday 19 March 2013

EUROZONE TURBULENCE WILL CONTINUE !!!


From events during the last few days, no real observer could have missed the scramble in the EUROZONE to temper, to reduce, the effect, of the "support" given to Cyprus !!!

In reality, the support given to Cyprus does not reflect  what Cyprus really needed. In the opinion of this Blog, it only reflected what the EUROZONE was prepared to cede to this little Island !!!

To say the least, this is not the way to solve a serious financial crisis either in Cyprus or anywhere !!!  This was only a decision to protect the EURO !!! 

The basic principle concerning the EURO is that it must be protected at all costs to prevent "a run" against it.  Why protect the EURO to such an extent ?  The answer is that ultimately the EUROZONE wants to create the USE, the United States of Europe !!!  A new political Powerblock !!!

Without going into more detail now, this ideal has many more obstacles to surmount.  Suffice it to say that shortly the unsolved Cypriot Crisis will reveal more unexpected events !!!  It could even destroy the "EUROZONE".
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