Reblogged from The Rio Norte Line:
As the EU braces for the big "Grexit" - the exit of Greece from the EU, there is hand wringing in Brussels over the immediate impact on the financial systems. Significant problem, true enough - but the immediate is always the enemy of the long term. Even if they can hold it together:
The EU is dead as an economic power for the next 50 years.
***Courtesy of the blogger 'UTAH' @ the RIO NORTE LINE *** ...This sums up the problems facing Europe and the EU quite nicely, and should serve as a warning to the U.S.A... Our prayers and energy need to be directed towards preventing such a disaster in the States, 'cause much of Europe is already toast. Many thanks to UTAH and the rest of the gang at "Rio Norte". Make sure you read it all.
----(FYI: Just in case you didn't know, the acronym "PIGS" in the article stands for Portugal, Italy, Greece and Spain)----
It will be interesting to see what happens acroos the pond….
‘Interesting’ indeed, Kells.
Hopefully it will also be uplifting, …..and not tragic.