The Euro Titanic Has Now Hit The Iceberg

And, sadly, there simply aren’t enough lifeboats.

Nigel Farage – UKIP leader – outlined why the bailout of Spanish banks will seriously aggravate the euro crisis. He rubbished the ‘success’ of the Spanish bailout, and accused Jose Manuel Barroso of a series of failed predictions for the economy.

“Indeed, every single prediction of yours, Mr Barroso, has been wrong, and dear old Herman Van Rompuy, well he’s done a runner hasn’t he. Because the last time he was here, he told us we had turned the corner, that the euro crisis was over and he hasn’t bothered to come back and see us.”

Dispelling myths that Europe ‘had turned a corner’, Farage warned of a ‘looming, impending disaster’. Speaking of a ‘total and utter failure’ he said that the crisis had reached such severity ‘you just couldn’t make it up

Speaking in Strasbourg 13 of June at the European Parliament

Thanks europarl for the video