It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
The man who broke the Bank of England in 1992 is said to be at the centre of a plot to cash in on the demise of the Euro, however, the end result being aimed for is very, very evil: "Creating a Centralized Budget within the EU and abolishing the independent budgets currenty maintained by each EU nation state"....
Details of the secretive dinner emerged in the Wall Street Journal just days after Mr Soros warned in a newspaper article that the euro could 'fall apart' even if the European Union can agree a deal to shore up support for stricken Greece.
He said: 'Makeshift assistance should be enough for Greece, but that leaves Spain, Italy, Portugal and Ireland. Together they constitute too large a portion of euroland to be helped in this way.' This propaganda and bs is brought to you by Soros.
Mr Soros, who made more than $1billion when the pound was ejected from the Exchange Rate Mechanism on Black Wednesday in 1992, believes the structure of the single currency is 'patently flawed'.
He believes that unless the European Commission is given sweeping powers over taxation and spending, the single currency will always be vulnerable to financial turbulence in individual states.
'If member countries cannot take the next steps forward, the euro may fall apart,' he added.
Originally posted by Misoir
macedoniaonline.eu...
So this guy is basically advocating handing the tax policies over from the individual member states up to the European Comission. This is completely idiotic, this would devestate each countries national soverignty even worse than the Treaty of Lisbon.
A breakup of the euro is very nearly unthinkable, as a sheer matter of practicality. As Berkeley’s Barry Eichengreen puts it, an attempt to reintroduce a national currency would trigger “the mother of all financial crises.” So the only way out is forward: to make the euro work, Europe needs to move much further toward political union, so that European nations start to function more like American states.
Originally posted by PuterMan
Originally posted by Misoir
macedoniaonline.eu...
So this guy is basically advocating handing the tax policies over from the individual member states up to the European Comission. This is completely idiotic, this would devestate each countries national soverignty even worse than the Treaty of Lisbon.
Ah another step in he grand NWO plan. This after all was the whole purpose of the Lisbon Treaty. Now because of the Irish no citizen of the European Union is going to get much of a say in anything, let alone ever be given the chance of a referendum again.