Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-11-Speech-2-212-000"

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"Mr President, it was reported over the summer that the United Kingdom was drawing up contingency plans to close its borders in the event of a refugee crisis caused by a sudden collapse of the single currency. Journalists are addicted to this story; they deal in drama, so they love the idea that the crisis has to be presented as a choice between some cataclysmic fall and a solution. But I suggest that there is a third option. What if people simply carry on becoming gradually poorer? This is not some fanciful theory of mine, indeed it has already started. Our constituents are worse off than they were a year ago; they were worse off then than the year before. We could be in for years and years of progressive dilapidation. When you go to the southern countries in the eurozone, the signs are that much clearer. It need not be a catastrophe. It need not be the end of Atlantis. It could simply be the end of Atlas Shrugged: a shabby, miserable, demoralising slide into darkness. This is the way the West ends. Not with a bang, but with a whimper."@en1
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