Collopse is nigh! - by Richard... Tuesday, November 16, 2010

Collopse is nigh! - by Richard... Tuesday, November 16, 2010

The Guardian is retailing a tale of woe from Herman Van Rompuy, described as "president of the EU". He is warning that the EU faces a "survival crisis", with the risk of contagion spreading from Ireland across the continent.

In other words, we are getting the usual crap, via a crappy newspaper, which tells us very little, other than the Euroslime are having a hard time of it at the moment. This could be just another "drama queen" act – which the "colleagues" are so good at doing. But if it is for real, we do wish they'd get a move on - this ham actor death scene is getting a tad repetitive. If the euro is going to die, then better it is done quickly before we all die of boredom - or cynicism.

On the other hand, Reuters is warning of dire things should the IMF/EU impose a bail-out. Ireland's public sector workers face the risk of further wage cuts and redundancies and its "sacrosanct" low rate of corporation tax could be raised, says the agency.

Then we start to get into interesting times as a million or so Paddies rip Dublin apart. London cannot be far behind, which will leave Euroslime Dave, with his ideas on "happiness" rather stranded. He would be better off, methinks, calculating a POI (Pissed Off Index), which probably increases every time he opens his mouth.

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Lightweight fools - by Richard...

The award-winning Dellers is having a pop at Phil Jones – at the most appropriate level. One should not take these fools seriously, and that has possibly been the sceptics' mistake all along.

None of these people are serious scientists, none of them are worth a pile of chickens' droppings and, in fact, chicken manure is more useful. Arguing with them is to afford them a degree of gravitas they have neither earned nor deserve. Dellers shows them up to be the lightweight fools that they are.

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We have been there so many times - by Richard...

It is not exactly the "boy crying wolf" syndrome, although we have been regaled with so many stories of the imminent collapse of the euro – and predicted the same ourselves – that we struggle to hope that this time it is for real.

However, the indomitable Ambrose is certainly ladling it on thick, with his talk of contagion hitting Portugal as the stresses spilling out from Ireland take hold.

Confusion, ill-will, acrimony and even panic seem to be dominating proceedings, and for once we seem to have the "colleagues" thrashing around with very little idea of what to do and how to manage the situation. There is a whiff of the euroslime having lost control.

On top of that, at 12.06 am, we had Reuters reporting that the budget talks between the EU parliament and the Council had "collapsed" - "threatening to throw EU financial planning into chaos and boding ill for the bloc's ability to reach deals", says the agency.

Generally speaking, it is very bad form to derive too much enjoyment from the misfortunes of others but, in this case, we are happy to make an exception, especially as Merkel is signalling that collapse of the euro could bring down her beloved "Europe". With the collapse of the budget talks providing a happy precedent, it just begins to look as if we can once again live in hope.