The Eurozone: Godfrey Bloom ~ The people responsible for collapse should be "Sent to Prison."

From: Russia Today
Story: Eurounison: Merkel and Sarkozy propose new EU treaty
Published: 05 December, 2011, 21:03
German Chancellor Angela Merkel and French President Nicolas Sarkozy have proposed a new EU treaty to secure the region from an economic crisis relapse. The leaders met in Paris for talks, starting a crucial week for the economics of the eurozone.

Speaking at a press conference after the meeting, Sarkozy said that he and Merkel would prefer all 27 members of the European Union to sign the agreement, but would also be satisfied if it is signed only by the 17 countries belonging to the eurozone.
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Godfrey Bloom, Member of the European Parliament, also blames France and Germany for the current situation with the euro. "The whole euro project was a German horse with a French jockey," he points out, "nobody else is being mentioned."

Bloom, who is even more categorical about the euro, gives the "doomed to failure" project just months before it collapses, saying people the responsible for it should be "sent to prison."
http://rt.com/news/merkel-sarkozy-euro-crisis-079/
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'Single currency doomed in current form'
Monday 05 December 2011
As Nicolas Sarkozy and Angela Merkel discuss the eurozone debt crisis in Paris, an economist tells Channel 4 News the single currency cannot survive in its present form.
The French president and German chancellor are at odds over how to resolve the crisis, with Berlin pushing for tougher sanctions for eurozone countries that exceed borrowing limits.

Asked if the single currency could survive, Simon Tilford, chief economist at the pro-European Centre for European Reform, told Channel 4 News: "Not in its current form." Mr Tilford said the prospect of some countries leaving the eurozone "cannot be discounted", adding: "It's very hard to see how one or two countries could leave without opening the floodgates."

Under the provisions of the Maastricht Treaty and the European stability and growth pact, 27 EU countries, including Britain, are expected to conform to limits on borrowing. In theory, the 17 members of the eurozone can face fines if their budget deficits exceed 3 per cent of national output, but sanctions have never been imposed.
http://www.channel4.com/news/single-currency-doomed-in-current-form
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Market Gains Fade on Fears of Germany Downgrade
By DANIEL WAGNER AP Business Writer

NEW YORK December 5, 2011 (AP)

Stock indexes gave back some of their gains Monday and the euro turned lower against the dollar following a report that Germany and five other major European nations could risk having their credit ratings downgraded.
http://abcnews.go.com/Business/wireStory/stock-futures-rise-hopes-euro-plan-1...

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[levenbrown]

Godders your a legend!

The BBC is terrified of Nigel but when they hear your name they soil themselves! RT is about the only place you can get any real news on the eurozone ITV, BBC and Sky seem to largely ignore the crisis and when they have to they report through rose tinted spectacles and roll out bought and paid for EU fanatics telling us the world will end if we don't give all our money to brussels and castrate our parliament to boot, 'for our own good'.

[MrCriminalwatch]

I couldn't agree more ! Thank you for speaking out Mr. Bloom. ;-)

[financialtools1]

EU: 3 Credit Rating Agencies , after bringing the world economy in 2008-'11 to near collapse w/ AAA ratings on junk-mortgages-securities of no-value except bonuses-fees for Bankers-Hedge-Funds, now they are pushing Europa Bonds-Debt down using neocon media ? and dividing Europa against U.K.? Let's clean up all Banks without bonuses+let's create 15 million jobs w/Solar/Wind/Wave,hybrid-elect­ric plug-in cars/trucks/bicycles,nano-fuel­-cells,fusion,natural organic farms,financialtools1.blogspot­.com

[killerbee04x]

LOOK UP THE VENUS PROJECT... THAT IS THE ANSWER

[mmilos11]

Rat and pig want to lead the world to disaster..Thanks but no thanks..Keep your NWO for yourselves

[IWashMyOwnBrain]

The FED can easily keep the Euro going and it will. The FED wants the dollar to stay down and buying European debt will do that and once enough money has been produced we will go into inflation wich is easily controlled by intrest rates. Yes folks the FED wants more Debt Slaves and Europe is full of them.

[rpo11234]

months? possible only a matter of weeks...in january 2012 we will most likely start seeing serious problems