Monday, 19 December 2011

The death of the Euro?

The big problem with the Euro is that no-one knows the answer. Many at Brussels EU-HQ and EZB* don't even know the question. The right question is: What went wrong?

What went wrong is that the Euro became a party balloon that was blown up too big and too quickly. Happy with their big balloon they tied it up with a complicated knot hoping that all the huff and puff wouldn't seep out.

The answer is quite simple really. Find someone who is good at unravelling knots and let a little air out of the big balloon. Get it back down to normal size. About 20% deflation should do it. Merkozynomics won't fix it.

Euro Totenkopf image:gw2011/

*the European Zentral Bank is an organization with a lot of vice-presidents or 'yes men'. I think it's something like nine. Some of them have next to no idea about what's going on in the real world. They are merely incompetents who enjoy drawing huge salaries and expenses. Some were sent to the EZB by their own countries in order to get them out of the way. Behind it all is an old and corrupt system; basically it's a question of having the right party membership card and knowing the right people.


  1. Dear,

    I came across your post looking for the source of the image you use (Totenkopf). I've seen the image here: as well.

    I'm asking because I'm trying to find out if it's possible to receive permission to use this image. I've helped co-develop a grassroots anti-corruption course used by development NGOs and CBOs in "developing" countries. I'd very much like to use the image in our power point seminar.

    If this is your image, would you consent to its use? If not your image, could you point me to the source of copyright?

    Best regards,


    1. Hello Meredith, Thanks for your interest. It is an original photo by me and it must have been taken in 2011. I can remember taking it. I remember I had some difficulty lining it up because of something or other in the background. I saw it at an exhibition by students or young artists or something of that sort. I have no objections to your use of the image as you describe. Unfortunately I don't know who the creator of the actual object is. Thanks for indicating another website where you found a copy of the image. Good luck with your worthwhile project. Gwilym Williams.

  2. Thanks very much Gwilym! It would be nice to find out the name of the student artist, but that might be a bit trickier! I think as long as I cite you as the photographer it should be just fine.

    Thanks again for your willingness for me to use this image for the anti-corruption course!
    Warm regards,



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