News Ratings of France, Spain, Austria, Portugal, Italia, Slovakia degraded

Sorry, but this guy not only has the treaties sorted the wrong way and their relation to Europe (Maastricht treaties are about joining the Eurozone, not EU for example), he also has not yet understood democracy it seems. You can have votes on something as often as you like. you have a referendum for the EU, you have one against, depending only on how much support each referendum has in first place to become valid.

Thanks the nationalist revival in Europe in the past years, you have many anti-Europe referenda lately. Or attempts to have them. if you think it is bad, go to North Korea. There you have no choice. Or can change your opinion, because you can't afford your opinion there.


And seriously: The Euro itself is no debating point. No argument for anything. You don't join the Eurozone for the Euro, if at all, you have concrete advantages that this currency offers you. And of course disadvantages. For example complete fiscal freedom. You can't devalue your economy by your currency into a third world country. If you think about it, it is good that way, since the goal is not to get poor.

PS: I am no Euro-Enthusiast. I am Euro-Realist. I hated it when it came, liked it when I was abroad, and really appreciated it when it is about making money. National currencies are only good if you have a strong domestic market at home. The USA for example, or China, have such a domestic market. In Europe, you only have France or Germany with at least a bit of a domestic market. All wealth here is not by natural resources or domestic consumption, but trading. And what is good for trading, is good for Europe.

If you think this is stupid and that I am dreaming here: I am German. Look at our economy and see why Mitterrand made really a poor trade with demanding the Euro in return for his support for the reunification. Of course it is good for me.

So, stay away with Russian pseudo experts. This guy has no macroeconomic competence at all, his knowledge about Europe is virtual, and if I need opinions on headshrinkers, I know better experts to start with.

Also, if you look at his recent works, his agenda is "The EU is the new USSR". Judging his blatant lack of knowledge about European history or structures, I suspect I should not invest too much money (Euro of course) in his products.

PS: You are aware that his bills for the anti-EU agenda are paid by the Hungarian ruling nationalist party Fidesz, which currently has some big EU problems because the European countries and the IMF are refusing to pay Hungarian bills as long as the Hungarian government uses their majority to establish a real dictatorship? We are so evil dictators here... yeah... especially when it is about our money.
 
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