{"id":1080,"date":"2011-10-03T00:43:05","date_gmt":"2011-10-03T04:43:05","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=1080"},"modified":"2011-10-03T00:43:05","modified_gmt":"2011-10-03T04:43:05","slug":"nein-nein-nein-and-the-death-of-eu-fiscal-union-telegraph-blogs","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/03\/nein-nein-nein-and-the-death-of-eu-fiscal-union-telegraph-blogs\/","title":{"rendered":"NEIN, NEIN, NEIN, and the death of EU Fiscal Union \u2013 Telegraph Blogs"},"content":{"rendered":"<blockquote><p>Bundestag president Norbert Lammert said yesterday, lawmakers had a nasty feeling that they had been &#8220;bounced&#8221; into backing far-reaching demands. This can never be allowed to happen again. He warned too that Germany&#8217;s legislature would not give up its fiscal sovereignty to any EU body.<\/p>\n<p>&#8230;..Something profound has changed. Germans have begun to sense that the preservation of their own democracy and rule of law is in conflict with demands from Europe. They must choose one or the other.<\/p><\/blockquote>\n<p>via <a href=\"http:\/\/blogs.telegraph.co.uk\/finance\/ambroseevans-pritchard\/100012332\/nein-nein-nein-and-the-death-of-eu-fiscal-union\/\">NEIN, NEIN, NEIN, and the death of EU Fiscal Union \u2013 Telegraph Blogs<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bundestag president Norbert Lammert said yesterday, lawmakers had a nasty feeling that they had been &#8220;bounced&#8221; into backing far-reaching demands. This can never be allowed to happen again. He warned too that Germany&#8217;s legislature would not give up its fiscal sovereignty to any EU body. &#8230;..Something profound has changed. Germans have begun to sense that &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/03\/nein-nein-nein-and-the-death-of-eu-fiscal-union-telegraph-blogs\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;NEIN, NEIN, NEIN, and the death of EU Fiscal Union \u2013 Telegraph Blogs&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33],"tags":[962,1292,1295,1417,1547],"class_list":["post-1080","post","type-post","status-publish","format-standard","hentry","category-uk-europe-countries-regions","tag-debt-crisis","tag-euro","tag-euro-zone","tag-fiscal-union","tag-germany"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NEIN, NEIN, NEIN, and the death of EU Fiscal Union \u2013 Telegraph Blogs - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NEIN, NEIN, NEIN, and the death of EU Fiscal Union \u2013 Telegraph Blogs - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Bundestag president Norbert Lammert said yesterday, lawmakers had a nasty feeling that they had been &#8220;bounced&#8221; into backing far-reaching demands. This can never be allowed to happen again. He warned too that Germany&#8217;s legislature would not give up its fiscal sovereignty to any EU body. &#8230;..Something profound has changed. 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It is therefore unlikely to succeed. It means\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2587,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/12\/09\/eu-treaty-takes-shape-wsj-com\/","url_meta":{"origin":1080,"position":1},"title":"EU Treaty Takes Shape &#8211; WSJ.com","author":"ColinTwiggs","date":"December 9, 2011","format":false,"excerpt":"[European Union] leaders, who are still deeply divided over key elements of their crisis strategy, decided they would move to form a pact among at least 23 of the members to tighten rules on national fiscal policy. But details of the proposed treaty remained to be settled. The U.K. stood\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2363,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/26\/euro-pressures-mount-necessary-for-eventual-resolution-credit-writedowns\/","url_meta":{"origin":1080,"position":2},"title":"Euro Pressures Mount&#8211;Necessary for Eventual Resolution | Credit Writedowns","author":"ColinTwiggs","date":"November 26, 2011","format":false,"excerpt":"Germany is using this crisis to tighten its hegemony in Europe. It needs to close the fiscal loopholes. Many have recognized that this was a necessary birth defect in EMU\u2013monetary union without fiscal union. A fiscal union\u2013where countries, especially those that struggle to adhere to the Stability and Growth rule,\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2365,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/26\/fiscal-union-is-the-only-real-solution-credit-writedowns\/","url_meta":{"origin":1080,"position":3},"title":"Fiscal union is the only real solution | Credit Writedowns","author":"ColinTwiggs","date":"November 26, 2011","format":false,"excerpt":"A fiscal union led by Germany would in effect force debtor nations who want more German and ECB support to surrender more of their fiscal sovereignty, in a binding way, to EU Commissioners, who would have greater authority in shaping national budgets and fiscal policies. Rather than ECB bond buying\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":330,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/20\/europes-fiscal-overkill-telegraph-blogs\/","url_meta":{"origin":1080,"position":4},"title":"Europe&#8217;s Fiscal Overkill \u2013 Telegraph Blogs","author":"ColinTwiggs","date":"August 20, 2011","format":false,"excerpt":"For the advanced economies, there is an unmistakable need to restore fiscal sustainability through credible consolidation plans. At the same time we know that slamming on the brakes too quickly will hurt the recovery and worsen job prospects. So fiscal adjustment must resolve the conundrum of being neither too fast\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3506,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/02\/15\/greek-death-spiral-accelerates-telegraph-blogs\/","url_meta":{"origin":1080,"position":5},"title":"Greek death spiral accelerates \u2013 Telegraph Blogs","author":"ColinTwiggs","date":"February 15, 2012","format":false,"excerpt":"Ambrose Evans-Pritchard: This is what a death spiral looks like. It is what can happen if you join a fixed exchange system, then take out very large debts in what amounts to a foreign currency, and then have simultaneous monetary and fiscal contraction imposed upon you.Germany discovered this on the\u2026","rel":"","context":"In &quot;Debt Levels&quot;","block_context":{"text":"Debt Levels","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/debt-levels\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1080","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=1080"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1080\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=1080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=1080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=1080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}