EU Watch

[raspberry-blower]

The Saker has posted an interesting and highly critical essay on the current state of the European Union.

On finance and the Euro:

Now cracks are clearly appearing. The Greek crisis and the threat of a “Grexit” has the potential for a domino effect involving the rest of the so-called “PIGS” (Portugal, Italy, Greece and Spain). Even France is threatened by the consequences of this crisis. The European currency – the Euro – is “a currency without a mission”: is it supposed to support the German economy or the Greek one? Nobody knows, at least officially. In reality, of course, everybody understands that Frau Merkel is running the show. Quickfix solutions, which is what the Eurobureaucrats are offering, only buy time, but they are offering no solution to what is clearly a systemic problem: the completely artificial nature of a 28 member EU.

As for the the obvious solution, to give up on the crazy dream of a 28 member EU, it is so absolutely politically unacceptable that it won’t even be discussed although everyone fears it.

On the topic of the refuge crisis:

The EU is on the verge of a social and cultural collapse

The undeniable reality is simple as it is stark:
•The EU cannot absorb so many refugees
•The EU does not have the means to stop them

He also lambasts the political inertia as well

Politics has turned into a make believe show where various actors pretend to deal with real issues when in reality all they talk about are invented, artificially created “problems” which they then “solve” (homosexual “marriage” being the perfect example). The only form of meaningful politics left in the EU is separatism (Scottish, Basque, Catalan, etc.) but so far, it has failed to produce any alternative.

In this brave new world of pretend politics nobody is in charge of real problems which are never tackled directly, but only shoved under the carpet until the next election and that inevitably only worsens everything.

In short, he views the lack of leadership of the EU, particularly in regard to the failure to tackle the inherent systemic problems, with utter disdain.
There is undeniable resentment building up against it throughout Europe and is being viewed as becoming increasingly aloof and autocratic.

The Saker: Europe in Free Fall

[UndercoverElephant]

Yes, basically.

[Little John]

An extreme political reaction is coming. I want it to be a Left one. But, for a variety of historical reasons, I suspect it will be a predominantly Right one. Either way, it is coming.