IN 2005, AN UNKNOWN PUNDIT PREDICTED THE EURO-DEBACLE NOW UNFOLDING

NIGEL FARAGE WASN'T ALONE.

IN THIS POST WRITTEN IN 2005, A UNKNOWN PUNDIT PREDICTED THE CURRENT EURO-WIDE DEBT CRISIS AND EXPLAINED WHY IT WOULD HAPPEN:

These articles demonstrate that it's becoming increasingly obvious that the EU is a socialistic bureaucratic mess that's committed more to its own existence than to the betterment of the lives of ordinary Europeans.

Their socialist economies have DOUBLE THE UNEMPLOYMENT OF THE ("evil," "anti-worker") USA, and ALMOST NO GROWTH. The chickens are coming home to roost: THE EUROPEANS SIMPLY CANNOT AFFORD THEIR INDIVIDUAL WELFARE STATES OR THEIR "VISION" OF WELFARE CONTINENT!

... As I have written in this blog many many times: Continental Europe needs a Thatcher and they need her NOW. WHY IS THIS INCONTROVERTIBLY TRUE? The ONLY nation in the EU with a robust economy and low unemployment is Britain - and only because of "classically liberal" Thatcher policies: the dismantling of socialism and the welfare state, lower taxes, looser labor/employment requirements for businesses, and a pro-entrepreneurial government. You'd think that the rest of Europe would've noticed the results in Britain, and already emulated Thatcher's policies - (as Blair has!)!?

Only massive denial and cognitive dissonance on the part of the Euro-left - and the strangle-hold they have on their governments - prevents the continent of Europe from having a new birth of freedom and of the prosperity which only freedom creates.

France and Spain and Italy and Germany - and the rest of Old Europe - need presidents and PM's who have the courage of Thatcher, and are willing to suffer unpopularity and the onslaught of non-stop reactionary attacks in order to bring about the REAL CHANGES that Europe so badly needs.

THAT POST WAS WRITTEN IN THE CONTEXT OF THE IMPENDING COLLAPSE OF THE EU CONDITIONALLY MOVEMENT.

A CRISIS THE EU AVERTED - TEMPORARILY - BY "RE-BRANDING" THE CONSTITUTION AND CALLING IT A "BASIC LAW" AND THEN THE TREATY OF LISBON, AND BY FORCING IRELAND INTO A RE-VOTE.

IT WAS A LITTLE BIT OF PRESTIDIGITATION - LIKE PULLING A RABBIT OUT OF A HAT.

BUT WITH THE GERMAN PEOPLE FINALLY FED UP WITH BAILING OUT THE LESS PRODUCTIVE AND HENCE POOR WELFARE STATES, THE CRISIS HAS RETURNED.

AND THIS TIME, I DON'T THINK THE EUSSR BUREAUCRATS WILL BE ABLE TO PULL ANOTHER RABBIT OUT OF THEIR HATS!

AND MAKE NO MISTAKE ABOUT IT:

IT'S THE DEBT THAT'S DESTROYING THE EUROPEAN ECONOMIES AND THE DEBT WASN'T CAUSED BY BUSH TAX CUTS OR UNFUNDED WARS.

IT'S THE SOCIALISM, STUPID!