Five Lies About the European Economy Debunked


So much for Eurosceptics and their attempts to make EU looks like and senile, old man, nearing his end. It seems, the things are quite different in real life, despite the rhetorics. Interesting read!

I dont know where the impression of a "sick old man" came from but I expect to see more and more stories like this as the U.S. gets closer and closer into announcing the North American Union.

I know I'm not the only one who's been seeing story after story this week about how American farmers are losing crops to rot because they're aren't enough illegals to pick them.

How many Ameros can I get a dollar?

Europe was once rightfully called the "sick old man" because (despite having a bigger population than the United States) it lagged way, way behind it (this has been the case in GDP for many decades).
This is now rapidly changing because with helpful pressure from England and inspiration worldwide European economic policies and politics has become less Socialist and more free market.

In theory there is no reason why European per capita income should not exceed that in the United States per head. After all unlike them we have the good fortune to be so geographically close to resource rich Russia. And we also have great, great potential for growth thanks to the continuing modernisation of Ex-Soviet countries.

So economically at least, the EU continues to be a good idea (the freedom of movement of goods, people and standards always is).

This is not changing. The hidden weakness of the US economy has finally come to light. Moreover, you have lies, damn lies and statistics. Statistics are intentionally manipulated by governmental bodies to make things look better - this is done on mass scale in both the US and EU.

The EU has never been weak, but the US tried to show off their ''economic supremacy'', which in reality is one big lie. The weakness of the Dollar against the Euro, however, does not indicate that the Euro is strong, but just how weak the US economy and currency are.



Sorry? It's not just England that has been pushing for free market policies?