Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-177-000"
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"en.20121120.28.2-177-000"2
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"Madam President, of course the explosion that everyone is expecting now is a monetary one. Journalists and observers love to portray things in dramatic terms, so we are given a choice between solving the euro crisis or some blast that will explode it. There is, of course, a third – and, it seems to me, likelier – option, which is that we just carry on getting gradually poorer, as most of our constituents have been doing these past two or three years. We are condemning people to wretchedness and squalor and emigration because we are not allowing countries to price their way back into the market and adjust their monetary policy to their own needs.
The real explosion that we risk is not one of the financial system but one of our democratic system, when people find that it does not matter how they vote because the decisions that most tangibly impact their lives come from remote Brussels institutions. That might be an explosion which is not controllable but which blasts the entire European system of representative government to sparks and splinters."@en1
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The resource appears as object in 2 triples