Tag Archives: trade agreements

Despite the promise of a “unified Europe” the design of the E.U. was never intended to be a social remedy or blank check. It was and remains an economic tool, a subsuming of a sovereign states’ and a peoples right of self-determination and financial capacity.

Yes, the Greek Peoples willingness to challenge the E.U.’s draconian rule is laudable however, they will soon learn that the security pledged by the Greek State to the E.U. and by extension of the same, the Holders of their Sovereign Debt (Bonds), includes Greek State/Municipal/Public owned assets (and Pensions). The E.U. System is now so thoroughly woven into the economic/financial fabric of the member states that unwinding or releasing a State from the so-called Union will undoubtedly be followed by Portugal and then Spain and quite possibly Italy as well.  Read more...