29.5.05

Euro

With the very fresh French "Non" vote on the European Union Constitution, a lot of speculation arises over the future of the EU. France's vote comes from the strange unification of the extreme left and right: the left fears the loss of the Welfare state if the EU moves toward American-style capitalistic practices; and the Right (anybody remember the surprise ultra-conservative presidential candidate Le Pen sneaking in to the last presidential election? This ultra-right agenda in France garnered exceptional momentum and indicated a general shift in France and Europe in general toward the Right, and in many cases, the extreme right) aruges that with further European integration the borders will be opened to more immigration and cultural conflict.

Well, the Euro will fall in value, and that will make General Stan's summer villa on the southern French Mediterrean shores at least somewhat mor affordable...

More soon.

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