EU Crisis deepens

The EU had been stymied pending the outcome of the German elections. The uncertainty now caused by the understandable reluctance of the German electorate to vote for their own promised painful medecine resulting in electoral stalemate looks set to ensure that the institutional sleepwalking of the summer months will continue well into the 'fall'. German investor confidence plunged today, read from this link, other indices seem bound to follow. One analysis of the known problems may be read from here, predictions as to future developments are difficult to find. The earlier apparent cohesion of the EU federalist line provided an easier target for attack by proponents of democracy as protected by the nation state than the crisis-ridden organisation so visble to all since the French and Dutch referenda. This blog has been comparatively quiet of late, there being little to add to the EU supporter's own inner torment and anguished attacks. I plan to now resume recording these events more closely. Tony Blair, currently President of the confused and corrupt conglomerstate remains silent and inactive as the storm clouds gather - what Katrina did for George W - could the fallout of an EU or Euro crisis do for B-Liar?