Dear reader,
Since some of those 'standardized junk statements' are being
used across the board by politicians of several countries throughout the
eurozone it is planned to compile a list of politicians using more or
less the same bull. So as always this blog entry will grow in the next
couple of weeks with the most painstaking nonsense issued by well known
European politicians.
outright BS:
Rutte: "Euro is nevertheless good business" NOS (dutch public TV) (dut)
Yeah sure .. without Euro we poor Eurozonians would have all been fallen pray to very dangerous, greedy speculators and our countries would have been wiped off the map ... As the UK, Poland, Norway, Switzerland all vanished during the turmoil of the financial crisis of 2008.
Pinokkio:"Our GDP rose after introduction of Euro" (De Pers) (dut)
questionable:
Westerwelle:"The financial market is not yet sufficiently treated: We need solid,at least on European level regulations on capitalization of financial institutions and strong banking oversight. Only then can we prevent future 'financial bubbles' and debt crisises". Sueddeutsche Zeitung (ger)
Good idea .. talk to ECB then in order to convince them only to initiate future LTROs with 'strings attached' in order not to pump liquidity into commodities, equities, sovereign bonds, whatever derivatives banks are purchasing with it.
Merkel:"The crisis is the greatest litmus test of European history" (Neue Züricher Zeitung)
Well the intention was certainly to say "..of EU's history" , since Europe as a continent had 2 world wars , the divide into East and West, the plague, major starvation caused by volcanic outburst etc. The consequences of those were much more severe than the potential dissolve of a currency union.
External links to corrections of statements by politicians:
Mister President (of the European Union) (de groene Amsterdammer)(dut)
What the Greek default means for investors (Die Welt) (ger)
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