It is clear to almost everyone that the European Union is a wounded animal and it will only be a matter of time before someone has to put it down. The Eurocrats are pouring billions into trying to save Greece from a fate of their own creation. In the history of world finance I cannot ever remember witnessing so much spent on such a worthless cause.
I have often blogged that this financial mess has been engineered deliberately by the banking fraternity. I still suspect that somewhere in the higher echelons someone is gleefully rubbing their hands together watching so many economies of so many countries in dire need.
I recently read a report that the economy of the Unted States is also in trouble and if that is true then someone on high is really manipulating the books. I suspect that we only have to read our history books to discover who. There doesn't appear to be a politician in the western worold who can hold the bankers to account. Most of them should have been closed down when Gordon Brown allowed them to bail themselves out with public money.