It appears as though the EU, in spite of all of the positive predictions and forecasts, is not out of the woods yet. Not by a long shot. Today, Portugal’s foreign minister, became the second minister in the last 24 hours to step down. Portugal’s finance minister, Vitor Gaspar, who implemented unpopular austerity measures as part of a 78 billion euro ($101 billion) EU-IMF bailout, stepped down on Monday. The coalition government appears to be breaking down, with the call for new elections. Like that will solve a damn thing.
Portugal is proof that the EU’s problems are far from over. Like Greece, it’s all about austerity. The people were simply promised more than the government could protect, and now they don’t want to (or aren’t able) to pay the piper.
Things are likely to become clearer on Wednesday when the opposition Socialists have requested a meeting with Portugal’s president. The banksters of the EU are already scoping out plans to establish a new social compact with the people of Europe. One where nobody, but the banksters themselves, will have a vote that counts. They will rule by fiat. Europe is already bankrupt and doesn’t know it.
When Europe goes down, like in the 30’s, so will we. We now, in all likelihood, have less than 90 days. That is, IF the Kenyan doesn’t get us in a major conflict between now and then. Egypt’s rolling over tonight, we’re on the wrong side, and we just pissed off the entire South American continent with more of our bullying (via Austria). We’re not going to have one single friend left, when Obama gets us ready for the kill.
What’s your guess?