Wednesday, October 5, 2011

Dead stable

Cameron came out with a corker today, he told BBC political editor Nick Robinson there were "serious clouds on the horizon" and it was "absolutely vital" to stabilise the Euro. Vital to whom he doesn't seem to be quite so clear about, after all the UK is not part of the Eurozone and if the Euro does go tits up to coin the vernacular it certainly wont affect the UK as badly as those countries who are a part of it. If anything it's hurting us now with all the attempts to save it by cash grabs from the EU in desperate attempts to stave off the inevitable.
David Cameron has said the world economy is at "a moment of danger" as a result of the eurozone crisis.

He told BBC political editor Nick Robinson there were "serious clouds on the horizon" and it was "absolutely vital" to stabilise the euro.

After that was done, he said, there must be "more on the growth front" in the UK to get the economy moving.

The PM also said safeguards were needed to protect UK interests if Eurozone states begin closer integration.
Well at least he didn't try to blame it on America like the last PM did, however Cameron is in the position of a kid standing beside a badly wounded parent and unable to control the events going on around him helpless but to scream don't let them die please to the people around him. The Euro is dead, I know it, you know it, the financiers know it.

So why Cameron is trying to tell us that it still can (or must) be saved is somewhat of a mystery to all, even his own party, though perhaps not the Lib Dem leader whose pension depends on the EU surviving and the UK remaining part of it.
The best way to stabilise the Euro from my admittedly jaundiced perspective would be to let it die without spending any more UK taxpayers money on it, after all, dead is stable and Cameron wants stability.
I suspect it wont happen that easily though, there are vested interests involved after all, I even suspect when the whole rotten edifice falls we'll have politicians popping up to tell us mistakes were made and lessons learned so trust us to try again.
Thing is though, I don't trust politicians anymore, the people I mix with are equally as jaded and will not vote or if they do will no longer vote mainstream. If this collapses (and it will) you can expect the rise of more extremist parties offering "solutions" to the problem, likely involving immigrants or a convenient scapegoat. Europe has form for this sort of thing after all, Hitler and the Nazi's didn't just come from nowhere or were a total aberration in European history.
So best we stay out of it, let it die and look after our own.
But that's not Cameron's way, he seems to want to drag us screaming down into the long night.

1 annotations:

James Higham said...

Sigh or facepalm, sigh or facepalm - that is the question.