Monday, March 12, 2012

John Lipsky, ex- IMF says Europe's GDP will be only at 2007 levels in 2014

Eueope is dying economically, thanks to the EU, just as this blog has consistently predicted.

Britain should cut its losses and get out NOW!

The prediction in this posting's headline, just broadcast on CNBC Squawk Box at midday GMT, comes from the former First Managing Director of the IMF, only recently retired as number two to Mme Lagarde, and can thus hardly be seriously questioned.

European nation states should cut all funding to the EU and its institutions and concentrate on repairing their own national economies!

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