Wednesday, 1 December 2010
Hysteria or what?
Did the Armistice terms in 1918 make World War 2 inevitable? The conventional answer is 'yes' but had the Powers that be taken notice of the multiple and some would say obvious signs from Germany of the disastrous effects of the Armistice terms on that benighted country and had the Powers that be been intelligent and forceful enough to do something about it the answer must be 'no'. Is Europe sleep walking into a similar disaster by persisting with the Eurozone? The conventional answer is 'no' but are the Powers that be failing to take any notice of the multiple and some would say obvious signs from the 'piigs' (or rather currently only Greece and Ireland) of the disastrous effects of the bail out terms being imposed on them by the ECB and others and will the Powers that be fail to do something sensible and intelligent in time the answer must be 'yes' - there is no evidence to the contrary. It will thus be up to countries like Ireland to do the right thing. What is the right thing for Ireland to do? Only time will tell but today it seems obvious that the present Irish Government will be defeated at the upcoming General Election and that the coalition that takes over will include Sinn Fein with its policy of bail out rejection. It is not clear though that Sinn Fein will have enough clout to persuade their coalitionists to reject the bail out terms. I never thought I'd say this but I hope they do. Common sense needs to prevail since without it we could even descend into another European war.
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