Too big to bail-out? Spain and the future of the Eurozone
RH
Keeping a grip on reality
Too big to bail-out? Spain and the future of the Eurozone
Open Europe and FAES panel debate 11 July 2011, Bishopsgate meeting
room, Liverpool Street.
Chaired by Matts Person, Director of Open Europe
Panel
Alvaro Nadal Spanish MP (Secretary of Economy and Employment of
Partido Popular)
Vick Ford MEP (East of England)
Anonio Garcia Pascual (Chief Southern European Economist, Barclays
Capital, ex-IMF)
David Oakley (Capital Markets Correspondent, Financial Times)
Megan Green (Eurozone Economist)
The panel members spoke for an hour or so to open the meeting. All
the panel members bar Megan Green showed a remarkable lack of concern
for anything other than the preservation of the Euro (and by extension
the EU) at all costs and hang the consequences for the masses. Green,
who had recently been in Athens and seen the growing anarchy fuelled
by the rage of the Greek have-nots (a rapidly expanding part of the
population) went as far as raising the possibility of civil war if the
present demands being made on the Greeks were not abated.
The rest of the panel simply peddled the economic advantages of the
Euro, yes, I did say advantages, and the dire consequences if the Euro
was not preserved.
Read more at
http://livinginamadhouse.wordpress.com/2011/07/16/too-big-to-bail-out-spain-and-the-future-of-the-eurozone/
DVH
"RH" <anywh...@gmail.com> wrote in message
news:d628bb92-e8a0-4641...@r9g2000yql.googlegroups.com...
>
> Read more at
> http://livinginamadhouse.wordpress.com/2011/07/16/too-big-to-bail-out-spain-and-the-future-of-the-eurozone/
> Idris Francis: "Do you seriously believe that millions if Irish [are going
> to accept that they have to live in poverty for decades to come]?
Probably yes.
The ones who don't accept it won't fight their government, they'll emigrate.
In other words, they won't cause trouble to the eurozone project that is
causing so much pain.
> Persson called for more questions but added that Eurosceptic speakers
> should keep their remarks brief.
I though Persson was eurosceptic?
Mind you, his think tank - and therefore his job - does depend on the
existence of the EU.
RH
> "RH" <anywhere...@gmail.com> wrote in message
>
> news:d628bb92-e8a0-4641...@r9g2000yql.googlegroups.com...
>
>
>
> > Read more at
> > Idris Francis: "Do you seriously believe that millions if Irish [are going
> > to accept that they have to live in poverty for decades to come]?
>
> Probably yes.
>
> The ones who don't accept it won't fight their government, they'll emigrate.
> In other words, they won't cause trouble to the eurozone project that is
> causing so much pain.
>
> > Persson called for more questions but added that Eurosceptic speakers
> > should keep their remarks brief.
>
> I though Persson was eurosceptic?
>
> Mind you, his think tank - and therefore his job - does depend on the
> existence of the EU.
Quite. He is a fellow traveller with the Eurofanatics... RH