Whatever our crazed politicians may say, the European Union is becoming a de facto Federal Government. The Commission wants to run everything from territorial waters to telling us we can't drink from pint mugs. And all the while the ozone layer is getting thinner. Probably these bozos will be sucked up by some raincloud and shoot through the great hole into the void beyond! Wonders never cease.
An extraordinary row, involving major European and US industries, is blowing up over the European Commission's determination to make it illegal, in three years' time, for any products made in or imported into the EU to carry any reference to non-metric measures. Not only will this cost industries on both sides of the Atlantic billions of dollars and euros, but it is in direct breach of US federal law.
Oh dear. What a complete waste of time and money. What was that about Nero and Rome's fire precautions?
Too much money – inflation Too little- recession
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Yesterday I criticised 3 big boom/ bust cycles that came from Bank action
and establishment thinking. In each case they ignored money and credit. The
1975 ...
11 hours ago
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