Well, this one ended up on an upbeat note of euphoria. Everyone was happy, chummy, smiley. But then they usually are, aren’t they? These images of Europe’s greatest and best chumming around in Brussels all laughs and party socializing while they wreak havoc on the peoples of Europe. Yes. We’re used to that.
This time however, The Frau in particular looked unusually relaxed and happy. Why shouldn’t she be? We were all treated to that pathetic image of the 25 member states signing on the dotted line to her pet idiocy. One that has been aptly called The Frau’s outlawing of Keynes! Oh yes. They passed the book around each adding his or her signature binding his or her state to something they KNOW is unreal, destructive and positively unworkable. Nevertheless they all cheerfully signed up so as not to incur The Frau’s wrath.
Except for the UK and the Czech Republic. We will do well to remember that in future. It is going to make a difference.
Only… whoops! What a minute! Holland, the last of the remaining AAA rated Eurocountries and a staunch minion of The Frau realised, that what a minute! All this austerity we’ve been practicing under The Frau’s iron jackboot, sort of well, sort of isn’t working! No way we can keep our deficit down to The Frau’s required levels. Oh really? Shouldn’t they have perhaps noticed that BEFORE signing up to The Frau’s crazy bee in her bonnet?
And then all the empty talk about ‘growth’ (which they suddenly remembered as a nice word without content however) and job creation. At a time when The Frau’s undisputed policies have lead to the highest unemployment rate throughout Europe. If you perked up, drop your ears again. Oh no, said The Frau. We still have a long way to go with the sovereign debt and deficits problem before we can contemplate anything as frivolous as growth for God’s sake. And everybody nodded again.
Of course the great European experiment which is poor little Greece is now being called upon to show how stringent, catastrophic austerity can be combined with growth. Well that’s what they said. And even our own inept technocrat Prime Minister smiled happily at that. Does he believe any of the rubbish he’s been spewing out to us? I hate to think so. Perhaps he’s looking forward to becoming governor of the world bank or something. Certainly not to anything constructive happening in Greece. Not if he can help it!
Anyway, in the light of all this misplaced euphoria, is the Euro and Euroland about to crash or what?