When Eurozone collapses, what next? (feels more when than if)

amillionyears, I haven't got anger, I have just got cynicism. I just think that is the way that it is.

I think the winter of 2014-2015 has the potential to be bad for Britain.Am I right in saying that it is around that time that Britain has to go to the markets for a large amount of its funding?

claig,I probably agree with your posts.if I could be bothered to read it all
Any chance you could write a few less posts and get rid of some of the anger in them.
There again,perhaps it is just me,in which case,as you were.
Though I do think,the way information in general is delivered is vitally important,ortherwise,millions of people just switch off.

'A few months ago I heard an economist on the radio saying that there would be war in Europe within 10/20 years if the Euro went and politics became even more polarized.'

Was this the BBC by any chance?
Remember what SuperSesame said about the difference between teh BBC doom-mongering and Irish TV.

Wars only generally happen when a country doesn't do as it is told. Most countries are not stupid enough to risk that.

Debt is used to control us. The person who lends calls the tune. Who is doing all the lending to governments? Where is the money comng from? I don't believe it is China etc. They are not in charge.

I don't think the outlook will be that bad. We will be allowed to slowly come out of recession. However, policies of low growth are still the overriding priority of elites and greens, in order to prevent population growth. So the outlook for humanity cannot be totally rosy.

The Euro was not about economics, it was about politics, and the financial crisis, created artificially by the bankers, is also not about economics, but about politics. Once the politics is as the patricians want it, then the economic woes will disappear and credit rating agencies will go back to rating companies and countries as they did before the crash ever happened.

I couldn't agree more about 'keeping us in line'. There is also likely to be a 2 tier europe and that could cause war

It's all so depressing and scary . Especially if like me, the whole financial structure of the markets/politics are impossible to understand.
A few months ago I heard an economist on the radio saying that there would be war in Europe within 10/20 years if the Euro went and politics became even more polarized.
When I listen to political commentators and economists putting their differing points across, it frightens me even more, everybody is sure that their way is the right and only way to end this, but the views are so different and nobody agrees on any one point.
All politicians look hopelessly incompetent, wafting around the World from crisis meeting to crisis meeting, whilst nothing happens. I don't see this crisis/depression ending at any time in the near future.

I think the fact that Hollande is talking about growth is a sign that the mood is changing and Europe will be allowed to grow again. It is only a matter of time before Merkel or the next German leader agrees. The poker bluff against Greece and Spain and Italy etc. will then have been won, deep cuts, forced privatisations etc. and reduced workers' rights will have been completed, and the EU will then be able to take its foot off the brake on growth and allow the people to breathe again.

The debt is a way to keep peoples and countries in line. Once they do as wished, then all of these problems will begin to disappear as more money is pulled out of hats and from up sleeves and the "markets" do as they are told.

I think the recession is artificial, created by this financial speculative boom, for which the regulation was 'light touch'. I think the heat is being turned up on countries like Greece and Spain. But, I think that the elite will eventually turn the heat down. I think we will then see a return to growth. So, it could be that cuts and budget cuts are implemented, and then we begin to return to a low level of growth. But the austerity policies such as longer working life, lower pensions, cust in benefits etc. have been implemented by the elites all over Europe, so that these can no longer be reversed by the public. After that, we are likely to see more green taxes and carbon measures and power and water metering to keep the public paying more.

Once a closer political union has been achieved and cuts in workers' rights have been achieved, I think we may see a return to growth, and may avoid a deep recession or depression. It all depends how far the elite want to go in removing people's rights and reducing their living standards.

Good point, kissmyheatheass, about bread and circuses.

And now we have the Olympics, so everything is alright.

The elite will ahve no sympathy, just contempt. Those of us lucky enough to have a job will be increasingly taxed. 10 years is optimistic, more like 20 years IMHO.

Got to work now but really glad to see this being discussed on here . Its important but most people I know seem to have a head in the sand approach (I know bread and circuses is over-used but it is also very true).

Yes, I think the elite have got very tough times planned for teh ordinary people, in order to prevent their progress.

Under teh progressives, social mobility declined even more than under Thatcher, and it will decline much more. They are making access to education more expensive and more difficult. They are putting ordinary people into huge debt for things that once were their right. They will give us much more gren taxes, even when teh green con is shown to be a scam. They will meter our water, and the poor will pay for every drop. They will increase fuel bills and water bills and they will create recycling refuse bills. They will tax and tax and squeeze and squeeze the poor and the middle. They will put them further into debt, to hold them back from progressing. They will close more factories, move more jobs abroad, and they will increase workfare and internships and blame the feckless poor.

Just like the IMF chief, Christine Lagarde, said that she had less sympathy with the suffering Greek people than with Africans, our elite will have little sympathy for us.

The rich will get richer, the poor will get poorer, and the middle will be squeezed and get poorer too.

We will be called "job snobs" and some will think our pensions are £30 a week, and they will think that even that is too much.

The Governor of the Bank of England said we will have have 10 hard years. I think the elite may want that to last longer.

Good point, SuperSesame. The BBC is the elite broadcasting channel. It spreads doom and gloom because this enables more talk of austerity and cuts. The BBC is also green and broadcasts lots of climate catstrophe programmes with vanishing ice caps and pictures of ploar bears.

The BBC also broadcast the recent over-hyped scare story about racism in Poland and Ukraine and had Sol Campbell saying something like some people might "end up in coffins" if they went to the Euros. Channel 4 yesterday interviewed Africans living in Ukriane, who said they had been to lots of matches and never had any problem. One English black person who went to watch the Euros said he felt sorry for the Ukrainian people who had been unfairly tarred with this brush, and the football commentator, Stan Collymore, said he had travelled by train across the Ukraone and expereinced no racism at all; people had shown him into their homes and had gone out of their way to be helpful.

Doom and gllom and scaremongering are the stock-in-trade of the elite. They use these tactics to control the masses.

The unelected EU leaders will stop at nothing to keep this failed project going. In the meantime they will watch the entire EU become bankrupt. Germany wants assets (ie gold) and in order to get them it will keep on lending non-existent moneyto countries that can never pay it back. Then Germany can seize assets instead.
www.telegraph.co.uk/finance/financialcrisis/9298180/Europes-debtors-must-pawn-their-gold-for-Eurobond-Redemption.html

Hopefully, things will collapse sooner rather than later. Meanwhile on a daily basis, we are becoming poorer and our freedom is being slowly taken away. Sadly, I think our dcs will have a very different life to the one people of my generation enjoyed. The cuts have barely begun.

The BBC has an obvious pro-EU bias and deflects attention towards Syria at every opportunity. Try watching Russia Today news. Bet we dont see this on the Beeb.
www.rt.com/news/spain-miner-bazooka-protest-256/

I think civil unrest and starvation are on the horizon. Here and in the rest of the EU.

When the EU does collapse, we will have 20 years or so of massive pain and struggle to rebuild our economy. Its a cycle.

Its interesting watching BBC. I was on holiday recently and saw a program on BBC News which was in the same vein as this thread; more of a when it will happen rather than if.
I don't watch BBC normally as I'm in Ireland and only watch Irish news. (Although many people do have BBC!).
In Ireland its not doom-mongering at all about the future of the Euro.
I'm not saying one is more accurate than the other in predicting the outcome, but its interesting how the peception in one country is completely different in another.

It's not hard at all. That is the real world. It is how it has always been and always will be. The people are not in control. They are against the banker bailouts, against the carbon taxes, against the austerity. The Greek and Spanish people march in their millions to express their disapproval. Some even vote in extremist parties in disgust. But the people aren't in control. The same old Establishment coterie of ex-bankers and ex-public school boys are still in charge.

The elite are in control, just like in Roman times, the patricians rule the plebeians.

It must be really hard for you Claig when you look around and everywhere you see a conspiracy.

They call the wealth transfer form the rich countries to the poor countries "fair". They want to charge the rich, insustrialising countries green "carbon taxes" because they say that these countries are "harming the planet", and they give carbon credits to the poor countries, who are not industrialising. They want a stop to industrialisation and development. They say that is not "green". They want a stop to the progress of the people, and they call themselves "progressives".

They say the wealth transfer is "fair". But they won't be transferring any of their wealth. It will just be the workers in the developed world who will be doing all the transferring under the green carbon tax plans.

niceguy2, our capitalists created the factories in the Far East, where the goods are made which we then buy. They took our jobs and exported them overseas. It is part of the globalisation plan.

The green, globalisation plan is to impoverish our own people, to shut our own factories, coal mines, steel plants and shipbuilding capacity and replace them with a "service sector", such as our "financial sector". It is a plan to create low growth for the public, in order to impede the public's growth. It is a plan to even out living standards across the world, to transfer wealth from rich countries like Germany to poorer countries like Greece, in elite created political unions that control hundreds of millions of people from one central point.

The elite are green, they want low growth. They don't want the public to continue their population explosion and good living and growth. They want austerity, to slow the masses down. They want a high life, but only for them, not for us. Some of them don't even know how much pension our old people get. They increase old people's heating bills with their "green" carbon taxes and think the old age pensioners can make do on £30 pensions.

The Eurozone will not collapse, because it is an elite project. They didn't create this European Union in order to see it collapse. Even Cameron and Osborne are calling for a closer union for the Eurozone, and there are unlikely to be any referendums in case the public vote the wrong way. The elite will make the Euro even stronger, after they have got countries to hand over more of their national sovereignty. The elite are not at the mercy of events or the mercy of the "markets"; it is the people who are at the mercy of the "markets".

The elite are steering the ship; they are on course for a closer fiscal union and a closer political union. They created the "perfect" storm and when they have got what they want, they will create calm and the Euro will end up stronger. The elite's money and livelihood is not at any risk, it is just the poor old public's money that is.