This is an illustration of how the EU is going insane with the austerity movement when they are in direct conflict with the perpetual borrowing and lacking monetary reform. Italy has cut its budget to the bone. That was the only thing stopping all the refugees pouring into Europe from North Africa, many of which are dying at sea. The Italian Navy did save many, in addition to intercepting the drug trade, but that patrol has stopped as its not in the budget. Many people are fleeing, claiming to be political refugees and thus possess no passports to even prove where they had come from. Economically this is placing a major burden on the economy, and Germany is getting flooded. You can’t turn them back without looking cruel. The whole refugee crisis is really becoming an economic crisis.
Europe’s Refugee Crisis
Posted Apr 26, 2015 by Martin Armstrong |
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