Friday, December 09, 2011

David Cameron EU veto implications

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So the EU are in effect waving bye bye to the UK. We may still be a member of the European Union but in what capacity it is hard to say.

David Cameron found that all he could say was NO to the new treaty deal when his demands were not met. Cameron may have wanted relatively minor changes to the new treaty deal but it appears it was not up for discussion. Angela Merkel and NIcolas Sarkozy had come up with a new deal it was that way or the highway. The UK took the highway but what will happen now?

Most right minded people believe that the Eurozone is finished, one way or another. If it were to suddenly collapse it would have major economic implications around the world. However if a sensible break up plan could be formulated that would be a different matter. The dream of a unified Europe is over, as far as financial matters goes. Overnight the EU members showed their true colours.......More Here

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