Euro currency is coming undone!

Euro currency is coming undone!

*Sarkozy: France, Germany Want ‘New Treaty’
*

By Mark Deen - Dec 5, 2011 7:39 AM MT

France and Germany want a new European Union treaty to set out rules form euro area governments, President Nicolas Sarkozy said after meeting with Chancellor Angela Merkel.
“We want it to be impossible for the deregulation that led to the euro zone’s current situation to recurr any case, we want a new treaty,” Sarkozy said in Paris. “Our preference is for a treaty of 27 but we’re perfectly ready to have a treaty of 17.”

To contact the reporter on this story: Mark Deen in Paris at markdeen@bloomberg.net
To contact the editor responsible for this story: Mark Deen at markdeen@bloomberg.net

http://www.bloomberg.com/news/2011-12-05/sarkozy-france-germany-want-new-treaty-.html

I saw an article with a similar headline on Yahoo earlier, and was gonna post it but got distracted. Went back to find it just now to add it here, and it's gone...hmmmmm...thx Pan

treaty of 27...no way!

quote:
The summit meeting of 27 EU heads of state this week will feature a
push towards an unelected centrally controlled technocratic government.
This will be disguised as an effort to make sure there is “coordination
of fiscal policy.” What it will mean though is that the process of
compiling a national budget, main job of a democratically elected
government, will go unelected bodies.

However, as mentioned before, the European nations do not have enough
money to finance the overall European external deficits. That means
electorates in debtor countries like Spain, Italy, Greece, Portugal,
Ireland and the Baltic states will have a choice between being forced
into having extreme cuts in their standards of living dictated to them
by Eurocrats or renouncing their debts and going back to national
currencies. The most likely outcome given this scenario is that the Euro
will be reduced to a rump of 10 countries.


These countries are following Irelands lead and question the fiat debt!!! HOPE they renounce the whole fiat euro system!!!