Why The European Union Will Fail:

Substitute the United States of America for what Greenspan refers to as “Southern Europe” and China for what he refers to as “Northern Europe” and think about what happens here when the “North” stops subsidizing the “excess consumption” of the “South.”

GreenspanGreenspan predicts that as the south’s fiscal crisis deepens, the flow of goods from the north will stop altogether and southern Europe’s standard of living will go down.

Huh. Who’d a’ thunk it?

This entry was posted in Civics, Devolution, Entropy, Finance, New World Order, Oxymoron Alert!. Bookmark the permalink.

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