Opinion – Insight – Fragmented post-recession Europe harder to govern | Reuters – John Gelmini

Subregions of Europe (UN geoscheme)

Subregions of Europe (UN geoscheme) (Photo credit: Wikipedia)

This Reuter’s article via Dr Alf, is a statement of the obvious, and represents an attempt by official news media to separate two issues which are interlinked and have a direct bearing on each other.

Countries with small populations which are wealthy, well-endowed with natural resources, properly run and have indigenous populations who follow one prevailing culture are easy to govern and usually show up well on global indices such as corruption perception and human development. Norway is probably top in the world on most of these indicators and is a good example of how things could and should be done. The rest of Europe without the latest alien influx of refugees and economic migrants is split between Northern Europe which is reasonably well run and the South which is not.

The fault line exists between Northern Italy where my late father came from and Southern Italy from where my late mother emigrated.

Europe since the banking crash was governable overall because most people could get houses and most adults could get jobs. However, it got harder when most young people could not get jobs and harder still when economic migrants following alien non-Judeo-Christian thought processes started to come in large numbers.

To have full employment, you need 3% economic growth but Europe has had much less than that and what there has been having been distributed unfairly in many cases.

Imagining that people will swallow this forever and put up with the consequences of AI, automation, robotics, outsourcing, cybernetics, 3D printing, offshoring and now unlimited numbers of refugees (they keep coming), is fantasy.

European Governments under the Bilderbergers need to think again if they imagine people are going to be easy to govern under those conditions but still they try it on.

John Gelmini

Living with the Euro – the other side of the story viewed from Southern Italy

English: Map of real Southern italy

English: Map of real Southern italy (Photo credit: Wikipedia)

I am currently in Southern Italy, delayed waiting for a ship to arrive, with time on my hands to reflect on Mediterranean life and perhaps even the future of the Euro.

Scan the financial news, and there is doom and gloom on the back of bad or poor news, with little good news to bring cheer to the markets. Professionals would probably tell you that most of the bad news is priced in, except for contingencies like a major war or new commodity crisis.

The reality of life in Southern Italy is that people still flock to the beach on Saturday and in the evenings socialize with friends and family. As I have travelled South through Italy in recent weeks, I have reflected on the changes to Italian life over the decades (in my earlier life I have worked extensively in Rome and Milan).

With sky-high Euro-driven prices, it seems to me that Italians seem to be eating more pizza and pasta, with fresh fish and meat consumed far less frequently.

Three questions come to mind:

  1. I wonder if we are seeing a change to the famous healthy Mediterranean diet on the back of the Euro?
  2. Will we see Mediterranean countries eating more processed meat, like in Central Europe – perhaps even the famous German sausage on Mediterranean streets?
  3. Will it really matter if the Euro is abandoned?

What do you think?