Second Leg Of A Global Bankruptcy

As much as Euro project is dead, there are another cracks in the global financial meltdown that started in 3rd quarter of 2008.

Bloomberg, the leading financial news provider, gets it right and in a plain language:

There will be a lot of grand rhetoric about the importance of the European project. Stern condemnations of the speculators will ring out across the continent.

Don’t listen to a word of it. The euro has turned into a bankruptcy machine. Once the markets have finished with Ireland, they will simply move on to Portugal and Spain, and after that to Italy and France.

There is a domino effect at work, and, with each rescue, the fault lines within the euro grow wider and wider. This process isn’t going to stop until the euro is taken apart.

Dear readers, I'll have to say this - Frankfurt now leads the main role in the finances and Germany got deserved satisfaction that Frankfurt was right from the start. In that name, I'll eat Frankfurt wurst , cheers !

Again : European Union Is Dead !

Just like many other unnatural unions and fucked federations

Sometimes people just think I am kinky. Might be ;)

But when I wrote recently about European Union and the claim that it's finished business or shall we say ''the dream'', I had a good intuition reading.

Now I can point my readers to the recent article in the US magazine Newsweek about the new world order.
Backup argument for my intuition :))

Where once diplomacy defined borders, now history, race, ethnicity, religion, and culture are dividing humanity into dynamic new groupings.

European Union Is Dead

Recently I was in London, UK.
It came somehow unrelated in my talks with some people discussion about European Union.
Afterwords I became aware that it is not only Brits thinking badly about European Union.
If you ask people in Tokio or New York, same view.

The project of European Union started to disintegrate and they belive it is only the start of the process.

In the financial circles of these 3 important cities, the huge bet is building and it's all against the success of European Union and Euro.