Wednesday, October 8, 2008

Europe is part of the problem

Jim McConalogue, editor of the European Journal, in the Yorkshire Post on 08 October 2008: AS Britain is thrust into the global economic maelstrom, one of our most nerve-racking, soul-destroying problems is the banking crisis and its impact upon the daily lives and financial security of the British people. Within Europe, Ireland, Greece and Germany have become the first three EU states prepared to guarantee personal savings in their domestic bank accounts, to varying degrees. However, when we look to the Labour Government for assurances in both the causes and actions in a failing financial system, there appears to be only silence or half-promises. The responses of Gordon Brown and ...

Europe can't solve this crisis; it's part of the problem

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