The EU is a threat to both peace and world economy
I READ with interest Colonel Hughes-Wilson’s piece (Cyprus Today, May 5) and have to agree with his well-considered analysis.
There is, however another threat to both peace and the world economy and that is the EU!
A friend of mine who has lived in Germany for many years claims that one of the major benefits of the EU is that it has already and will continue to prevent another war like WWI or WWII. A lot of people share his view. I have my doubts.
Several months before the coup in Ukraine, Putin wrote an open letter to Baroness Ashton (EU foreign affairs “chief”) asking her to stay out of Ukraine and let them sort themselves out. He argued that he had not interfered during the Greek crisis but left well alone. The letter was published in the Daily Telegraph.
What did Ashton and her chums do? They went into Ukraine with wonderful promises and effectively facilitated the coup and welcomed Ukraine into the EU. Remember that many in eastern Ukraine are Russian, have friends and relatives in Russia, and Russia had for years subsidised Ukraine, particularly with energy. What happened next with Crimea was obvious IMHO. Again, a Russian resort with many Russian links including strategic importance. This was as predictable as the Cuban Missile Crisis, where the US “objected” to Russian missiles on its doorstep.
Now, I am no fan of Putin but I can see his point.
Furthermore the EU needs more members to survive. It appears to be obsessed with expansion and annexation all along the eastern flank.
It wants an army! Notwithstanding that “Russia” helped liberate large swathes of Europe from the Nazis and lost some 27 million people in the process of WWII it is regarded as “the enemy”!
I am also alarmed at more and more power being taken centrally in Brussels. Indeed I consider the EU to be a monster Ponzi scheme run by dictators in Brussels. Frightening!
Add to this the euro. Germany has been the only true beneficiary of this currency. If you take into account currency values, sovereign bond prices etc, this amounts to hundreds of billions of dollars. Even the Greek bailout money is effectively paid to German (and some French) banks using EU (our) money.
The euro is certainly not good for most of the southern European countries. As well as the much publicised problems in Greece, other countries have suffered up to 50 per cent youth unemployment. Billions of euros have been poured into the European economies using quantitative easing. The mighty German economy, the power house of Europe is faltering.
Who knows what will happen? One thing I would say, the hot-spots and problems highlighted by the Colonel are known and watched carefully. The ignition point to a crisis (financial or conflict) might come from elsewhere.
David Woodley, Ozanköy