The EU Is On The Brink Of A Recession Of Unknown Scope
In the News (from Bloomberg): “Luxembourg Prime Minister Jean-Claude Juncker said on Jan. 4 that the EU is on the brink of a recession of unknown scope.
“‘Things are really starting to slow down,’ Jennifer McKeown, senior European economist at Capital Economics in London, said by telephone. ‘There’s an underlying economic downturn going on at the same time as the peripheral debt crisis continues. Even the strongest parts of the euro-zone economy are beginning to falter. ‘We see the euro zone beginning to break up, perhaps as soon as this year.’”
My Comment: A fortiori, it’s strange to see the idleness of “decision makers.” But in general, they cannot come up with a solution because they do not view the world as common and integral, as a single whole that is in need of unity and mutual guarantee, which is possible only under conditions of integral education of the masses and the movement in universal bailout when facing a universal disaster.
2012: A Decisive Year For Europe
The Economy Is Losing Support
A Grandiose Crisis Of The Eurozone Will Start In The Nearest Future
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