Firewall fraud set to shortly seal the Euro's fate
This report, comes it should be noted, on the back of Rehn's own nation's tricky constitutional situation on raised firewalls for the Euro, perhaps providing an insight into the use of the term "combined size"?
In theory the "firewall" will be a combination of the existing EFSF and the planned ESM. In reality it is the back-up financial guarantee to be provided by Germany in payment for its taking over the governance and control of the other Euro Group countries, and suspending their democracies and pretence of economic self-rule far into the long distant and indefinite future. Was ever an almost entire Continent, of so many differing independent nations, bought by such blatant treachery, over so little time and with such obvious intention throughout?
The Euro project makes the Trojan Horse scheme appear the work of a masterful genius!
The present EU stance vis a vis the OECD is discused in a WSJ report here,
Labels: Euro collapse