Europe: No Price-tag On the Costs

Europe: No Price-tag On the Costs http://www.express.co.uk/news/world/660556/EU-mortal-danger-collapse-warns-billionaire-global-finance-guru EU is in ‘mortal danger’ of collapse, warns billionaire global finance guru George Soros A BILLIONAIRE financier has warned that the European Union (EU) is in ‘mortal danger’ of collapse unless leaders agree to spend £24 BILLION EVERY YEAR to tackle the migrant crisis. By Leda Reynolds PUBLISHED: 09:22, Wed, Apr 13, 2016 | UPDATED: 20:25, Wed, Apr 13, 2016 George Soros issued the dire warning as Britons continue debating whether to vote for a Brexit. Mr Soros said EU leaders needed to agree a surge in funding to deal with the influx of more than a million refugees flooding into Europe. He suggested that at least €30 billion (£24 billion) a year would be needed and said Europe should be looking to accept between 300,000 and 500,000 a year. Mr Soros said: "Thirty billion might sound like an enormous sum, but it is not when viewed in proper perspective. “First, we must recognise that a failure to provide the necessary funds would cost the EU even more. “There is a real threat that the refugee crisis could cause the collapse of Europe's Schengen system of open internal borders among 26 European states. ... Mr Soros suggested that Europe's long term spending plan, the European Commission's Multiannual Financial Framework, could be adjusted to increase VAT contributions. But he argued a separate 'surge' funding is needed more urgently to stem the unfolding crisis and claimed existing mechanisms are in place. He said the European Financial Stabilisation Mechanism (EFSF) and the Balance of Payments Assistance Facility currently contains €60 billion of unused funding that could be tapped into and dispersed throughout Europe. Mr Soros added: "Throughout history, governments have issued bonds in response to national emergencies, that is the case in Europe today. “When should the triple-A credit of the EU be mobilised if not at a moment when the European Union is in mortal danger?” http://www.express.co.uk/news/world/660556/EU-mortal-danger-collapse-warns-billionaire-global-finance-guru ---------------------- ---------------------- COMMENT European Union's in mortal danger? As Victoria Nuland said, f*ck the European Union. Europe itself is finished if Europe does not ship these people out. I can't believe what I'm looking at.  It's like I'm watching some kind of apocalypse.  I cannot believe that I am watching the destruction of Europe in my lifetime and that this is being permitted to happen. And there's old George Soros urging spending billions PER YEAR by Europeans to facilitate the ongoing invasion of Europe. Meanwhile the various intelligentsia propagandist and major political party supporting 'saints' in the colonies, urge loosening of borders, irrespective of the costs.   What nobody cares to recognise is that there no imaginable price-tag on the actual costs of something that is destroyed and impossible to ever reinstate or recompense.