Tag Archives: Freedom from EU

THE EU TRAGEDY

Locked in its windowless ivory towers, the EU elite has lamentably failed to deal with the reality of Europewide popular discontent with it. Indeed, the elite, blinded by its own self-satisfaction, has contemptuously dismissed this profound discontent as ‘populism’, that is, the despised views of the people. For the same reason it has refused to negotiate with the UK on Brexit, which was caused by that selfsame discontent. Here is why the UK has so far been unable to reach a negotiated deal with the EU on Brexit.

And yet in riot-torn and bankrupt elitist France, whose banker-President has banned any public demonstrations in the elite’s capital (he does not want to know about them), in AfD Germany, in eurosceptic Italy and all of EU-ravaged Eastern Europe, the dissatisfaction with the EU goes on. Only the rich have benefited from the EU; the poorer you are, the more discontent you are, the more Brexit you are. And that is universal: many Europeans are jealous of Brexit, because they are not allowed it in their own countries.

Of course, there has also been crass political mismanagement typical of the UK Establishment. This has allowed a remainer Prime Minister to negotiate to leave the EU! The result was a patchwork of compromises which does not give Brexit, does not represent public or Parliamentary opinion and so has been rejected by Parliament. The lies of the Project Fear metropolitan elite, designed to panic the ‘ignorant plebs’, have always maintained that any deal is better than no deal, better still, no Brexit at all.

However, most people do not believe this elite, grown wealthy from the EU gravy train, even though it controls the media. The same elite has also put out aggressive propaganda for yet another ‘People’s Vote’, even though we have already had one, only the elite did not like the result. It ignores that any new ‘People’s Vote’ would almost certainly result in an even larger majority to leave the EU mafia, whose accounts cannot even be audited. Any sort of conspiracy to stop Brexit is the order of the day among the elite.

What is the future? Unless the EU at last begins to negotiate constructively, and not obstructively, after the two years it has wasted so far, it will lose the £39 billion fine it has imposed on the UK for leaving. More than this, the freedom-loving UK will leave the EU on 29 March 2019, trading with it on World Trade Organization terms in the future. The self-inflicted loss to the EU will be great. And other countries and peoples will want their own Brexits. Such is the state of an elite blinded by its own hubris.

 

 

A Christmas Present from Russia

Source: http://www.zerohedge.com/news/2015-01-04/russias-startling-proposal-europe-dump-us-join-eurasian-economic-union

Russia’s “Startling” Proposal to Europe:
Dump the US, Join the Eurasian Economic Union

Slowly but surely Europe is figuring out that as a result of the western economic and financial blockade of Russian, it is Europe itself that is suffering the most. And while Germany was first to acknowledge this late in 2014 when its economy swooned and is now on the verge of a recession, now others are catching on. Case in point: the former head of the European Commission, and Italy’s former Prime Minister, Romano Prodi who told Messaggero newspaper that the “weaker Russian economy is extremely unprofitable for Italy.”

The other details from Prodi’s statement:

Lowered prices in the international energy markets have positive aspects for the Italian consumers, who pay less for the fuel, but the effect will be only short-term. In the long-term however the weaker economic situation in countries producing energy resources, caused by lower oil and gas prices, mostly in Russia, is extremely unprofitable for Italy, he said.

“The lowering of the oil and gas prices in combination with the sanctions, pushed by the Ukrainian crisis, will drop the Russian GPD by five percent per annum, and thus it will cause cutting of the Italian export by about 50%,” Prodi said.

“Setting aside the uselessness or imminence of the sanctions, one should highlight a clear skew: regardless of the rouble rate against dollar, which is lower by almost a half, the American export to Russia is growing, while the export from Europe is shrinking.”
In other words, just as slowly, the world is starting to grasp the bottom line: it is not the financial exposure to Russia, or the threat of financial contagion should Russia suffer a major recession or worse: it is something far simpler that will lead to the biggest harm for Europe’s countries. The lack of trade. Because while central banks can monetize everything, leading to an unprecedented asset bubble which if only for the time being boosts investor and consumer confidence, they can’t print trade – that all important driver of growth in a globalized world long before central banks were set to monetize over $1 trillion in bonds each and every year to mask the fact that the world is deep in a global depression.

Which is why we read the following report written in yesterday’s Deutsche Wirtschafts Nachrichten with great interest because it goes right to the bottom line. In it Russia has a not so modest proposal to Europe: dump trade with the US, whose call for Russian “costs” has cost you another year of declining economic growth, and instead join the Eurasian Economic Union! From the source:

Russia has presented a startling proposal to overcome the tensions with the EU: The EU should renounce the free trade agreement with the United States TTIP and enter into a partnership with the newly established Eurasian Economic Union instead. A free trade zone with the neighbors would make more sense than a deal with the US.

It surely would, but then how will Europe feign outrage when the NSA is found to have spied yet again on its “closest trading partners?” Some more on Russia’s proposal from EUobserver:

Vladimir Chizhov told EU Observer: “Our idea is to start official contacts between the EU and the EAEU as soon as possible. [German] chancellor Angela Merkel talked about this not long ago. The EU sanctions [on Russia] are not a hindrance”.

“I think that common sense advises us to explore the possibility of establishing a common economic space in the Eurasian region, including the focus countries of the Eastern Partnership [an EU policy on closer ties with Armenia, Azerbaijan, Belarus, Georgia, Moldova, and Ukraine]”.

“We might think of a free trade zone encompassing all of the interested parties in Eurasia”.

He described the new Russia-led bloc as a better partner for the EU than the US, with a dig at health standards in the US food industry.

“Do you believe it is wise to spend so much political energy on a free trade zone with the USA while you have more natural partners at your side, closer to home? We don’t even chlorinate our chickens”, the ambassador said.

The treaty establishing the Eurasian Union entered into life on Thursday (1 January).

It includes Armenia, Belarus, Kazakhstan, and Russia, with Kyrgyzstan to join in May.

Modelled on the EU, it has a Moscow-based executive body, the Eurasian Economic Commission, and a political body, the Supreme Eurasian Economic Council, where member states’ leaders take decisions by unanimity.

It has free movement of workers and a single market for construction, retail, and tourism. Over the next 10 years, it aims to create a court in Minsk, a financial regulator in Astana and, possibly, to open Eurasian Economic Commission offices in Astana, Bishkek, Minsk, and Yerevan.

It also aims to launch free movement of capital, goods, and services, and to extend its single market to 40 other sectors, with pharmaceuticals next in line in 2016.

And as a reminder: The Eurasian Economic Union, a trade bloc of former Soviet states, expanded to four nations Friday when Armenia formally joined, a day after the union between Russia, Belarus and Kazakhstan began.

So the ball is in your court, Europe: will it be a triple-dip (and soon thereafter quadruple: see Japan) recession as your Goldman-controlled central bank plunders ever more of what little is left of middle-class wealth with promises that this year – for real – is when it all turns around, or will Europe acknowledge it has had enough and shifts its strategic, and trade, focus from west (speaking of the TTIP, Germany’s agriculture minister just said “We can’t protect every sausage” referring to the TTIP) to east?

Considering just whose interests are represented by the unelected bureaucrats in Brussels, we won’t be holding our breath.