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Eurozone crisis risk map: 'Extremely exposed' UK has more to lose than any other nation
The United Kingdom is more vulnerable than any other world nation to a worsening eurozone crisis and its economy would be hit the most if the euro falls apart - that was the verdict of new research today.
Thanks to its reliance on exports to the euro area and strong banking and financial links with the region, Britain tops a danger list of countries exposed to the eurozone (see map and table below), compiled by risk analysis consultancy Maplecroft.
The UK is one of only 18 nations rated 'extremely' vulnerable in the 169-nation eurozone exposure index - with fellow European Union members Poland, Hungary and Czech Republic making up the top four.
Source and full story: Daily Mail, 25 July 2012
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Re: Eurozone crisis risk map: 'Extremely exposed' UK has more...
The United Kingdom’s economy would be hit the most if the euro falls apart - that was the verdict of new research today.
This is more lies by the corporate media, which is always seeking to defend the euro currency, and thus Troika tyranny.
True, England does not use the euro currency, but the City of London has a vested interest in the current status quo.
Just as the world’s masses have been brainwashed into believing the Jewish holo-hoax, so have the masses been brainwashed into believing that the sky will fall and the world will end if European nations go back to using their own currencies.
The truth is the reverse. The end of Troika tyranny would allow European nations to begin recovery from the Troika depression.
The source of this bullshit “analysis” is Maplecroft, banker-funded “consulting firm” (i.e. propaganda mill) consisting of twelve clowns in Bath, England who were unemployed (and were not Jewish) so they decided to support themselves by shilling for the central bankers.
Once every six months they issue a report claiming that England is at “extreme risk.” Back in Feb 2011 the “risk” was Britain’s aging population and debt load. Now it’s the “threat” of a breakup of Troika tyranny (which won’t happen, alas).
True, they malign Chancellor George Osborne’s austerity-mania, but they also champion the cause of austerity, which is Troika tyranny (and private central banking).
Re: Eurozone crisis risk map: 'Extremely exposed' UK has more...
I'm not sure that Maplecroft is either banking-funded or formed by twelve unemployed people, but I agree they do have a tendency to say what the bankers would want said. Whether or not that is coincidental is anyone's guess.
They are a consulting firm, and like most consulting firms, they excel at borrowing your watch to tell you the time, and sometimes they even tell you the wrong time having borrowed a watch in perfect working order. Also, like most involved in risk management, they don't get paid unless they identify a risk somewhere, no matter how small that risk might be.
Having said that, I believe the Euro will collapse. It will stumble along from crisis to deeper crisis, being patched up as it goes, but ultimately its position is untenable.