New Economic Term?
I propose “Eurosclerotic":
… The report says: “Either European countries adapt their workforces, reform their social welfare, education and tax systems, and accommodate growing immigrant populations [chiefly from Muslim countries] or they face a period of protracted economic stasis.”
The report which this article cites apparently predicts “… that the European Union will break-up within 15 years unless it radically reforms its ailing welfare systems.”
The UKIP might wish to take note.
Oh, and it gets better.
Who wrote this report?
The CIA.
Unless you’ve read The Professor this morning, or Free Will, it’s unlikely you’ve seen or heard tell of this report. I wonder why the MSM thought the CIA was newsworthy on Iraq, but not on Europe…
Heh. No, I don’t really wonder at all.
I share the skepticism expressed by commenters at Free Will about the timing. The CIA has less than admirable track record for economic analysts. And yet… Consider this sobering rejoinder, found on said comment thread:
Additional cause for my concern is my deminishing faith in the Central Intelligence Agency.
I agree wholeheartedly, but it’s worth noting that there’s nothing in that report that hasn’t been reported in the mainstream media for years, and, in fact, concluded by the EU’s own research projects years ago. They’ve been hurtling towards disaster for years, and they don’t know how to stop. I question that idea that it’ll happen within 15 years, though.
Unless you’re French, and subscribe to the Apres moi, le deluge school of civics, I can’t see that it matters over much whether the collapse takes place in 15 years, or at some indeterminate time… considering the trends are so clearly limned that even the CIA can see them.
January 20th, 2005 at 2:44 pm
Euroses?
Maybe Europeans aren’t paranoid after all. Maybe we really are out to get them. Or, maybe we’ll just wait and let them do themselves in. It’ll only take 15 years or so, according to the CIA.