The Euro in Southern Europe – Human sacrifice to save the political project Nigel Farage says

One thing I know for certain is that this year the EU elite will go on forcing the peoples of  southern Europe to suffer in the name of the euro. No matter how much the Greeks, Italians, Portuguese, Spanish and French suffer, the elite in Brussels, Frankfurt and Berlin will go on telling them that their industries are failing, their workers are unemployed and their national debt burden continues to grow because they have not yet suffered enough. 

Yet we all know suffering will not heal their economies. The only thing that will heal these economies is for them to get out of the economic and monetary union with Germany. Instead, the EU and Berlin will go on demanding the Mediterranean countries impose ‘internal devaluation’. Every honest economist identified ‘internal devaluation’ at the start of the crisis as a reckless, brutal policy and so it has proved to be.

What is happening across southern Europe is human sacrifice to save the political project of the euro. Now of course the extra horror of deflation will mean even less investment and even less growth in the eurozone. The European central bank will be powerless to stop it.

There is another crisis, a social and economic crisis, resulting from the unhindered movement of millions of people across borders. In Britain, some opinion polls show that uncontrolled – and by EU rules, uncontrollable – migration is the number one issue among voters. As the UK general election in May approaches, the two big legacy parties, the Conservatives and Labour would rather not debate this. However, UKIP has forced it onto the political agenda.

Chosen excerpts by Job Market Monitor. Read the whole story at  A Europe without borders is a ’20th century fantasy’ | The Parliament Magazine.