EURDEMOCRACY

Archives for Soros

The present euro system is on its last legs. A new European Currency will have to be built. How should Europeans create a Supranational Economic and Currency System? It should be fairly obvious that countries and nations that have fought each other for more than two thousand years need a system tailor-made for them. It… » read more

Posted by David Heilbron Price

Even if all the plans of the December European Council are passed into law, one outcome is certain: the Euro as presently designed will fail. Even if all 27 Member States joined the Euro and tried to stay within the guidelines of the Stability and Growth Pact, one thing is certain: the Euro as presently… » read more

Posted by David Heilbron Price

‘The euro crisis could lead to the destruction of the European Union,’ announced George Soros on 23 June 2010 in Berlin. Is the Hungarian investor/ economist right? He was right in 1992 that the British Pound Sterling was going to have to devalue by dropping out of the European Exchange Rate Mechanism (ERM). He made… » read more

Posted by David Heilbron Price