Globalisation spells poverty for the nations of Europe.
*The European Council - not to be confused with the Commission - comprises heads of government and (in the case of France) one head of state. It is presided over by the President of the European Council Hermann van Rompuy. It is expected to launch a new European strategy for growth and jobs.
"The Agenda talks of a new strategy for jobs and growth, by which they mean loss of jobs and negative growth. GDP fell by 4% in 2009 and 10% of the workforce - 23 million people - are unemployed. What will be the European Council's remedy? More immigration! Look at the European Pact on Asylum and Immigration, which features on the agenda.
"If you believe that our problems will pass with the current crisis, think again. As they admit, competition from emerging economies is intensifying. What will be the European Council's strategy to deal with this? More globalisation. Open the doors to more goods from the emerging Third World economies. Export jobs by off-shore employment.
"The countries of Europe can compete with goods, services and employees of the Third World and emerging economies only if our wage rates fall to their level. Do not think that our innovation in capital and techniques will save us. Our innovations of today will belong to the world the day after tomorrow. Globalisation spells poverty for the nations of Europe."
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