Campaigners including a leading Madrid based economist have called on Jeroen Dijsselbloem, the Dutch finance chief who leads the eurozone’s ministers, to intervene immediately to probe the Spanish National Accounts.
They say the people of the country have become “victims of the greatest wave of political profligacy and corruption ever known in Spain’s recent history”.
The true level of debt in Spain, Greece, Italy, Portugal and even France is being hidden, of that I am sure. The UKs National Debt is climbing ever faster to the £2 Trillion amount and yet we still borrow more to give away to immigrants and foreigners.
Without cooking the books the EU could not survive, you cannot join 27 different economies to work in harmony without some falling foul of the rules, right now there are at least five countries that like a drowning man going down for the third time, the EU has evolved into a monster that cannot be controlled from one centre because it will always suffer rebellions like we are seeing today.
Depositors with accounts in eurozone banks could be forgiven for fearing that a gigantic bail-in is on the cards. One in which their savings are used to save the banks from the bad Eurozone debts forced on them by the ECB, the IMF and the EU Commission.
The whole EU edifice is one gigantic lie from start to finish. Just start with the EU’s own accounts…which have not been signed off for years now. What people have got to start understanding is that as far as the EU is concerned money and numbers are an annoying irrelevance and seen as a distraction to the objective of a Federal EU superstate. To them a problem only exists if you talk about it,so they just hide everything .
The problem is now so vast as to be beyond redemption. and no one now dares to speak out for being accused of precipitating the crash. The only solution is collapse and the rebirth of a new order. Everyone is now jockeying to be the ones least affected by the collapse..like musical chairs .
When history is written the biggest question will be how the EU kept the ship afloat. It has never finalised its accounts, the total debt is enormous and all the bigger because so many of the countries aren’t creating any wealth.
|Juno for your news|
|You cannot trust the mainstream media|