Ian Hamilton

This column is authored by Ian Hamilton, who is the founder of IDS Group. IDS provides fund administration services in Africa and Europe through Malta. He is also the founder of Scotstone Investments, a company that has fund structures and services for global emerging new managers.

The famous maxim is that Rome burned while Nero fiddled.

The world is burning while politicians and central banks are playing violins tuneless in an orchestra with no conductor, no score and producing the loudest cacophony of music ever heard?

The stark headline issues:

Europe is one big mess. The politicians stagger drunkenly from one crisis to another.

The refugee crisis needs to be separated from the migrant crisis. Refugees should be treated as refugees. The word refugee comes from the word refuge which means simply the state of being safe or sheltered from pursuit, danger, or difficulty. It does not mean that countries must provide them with work or allow them to settle.Migrant is a totally different matter. A migrant is a person who moves from one place to another in order to find work or better living conditions.

Angela Merkel created chaos in Europe when she merged the two classes in a misguided attempt to act on a humane issue but at the same time use it as an opportunity to increase the German work force.Besides she did not think through as to how refugees could cross Europe to enter Germany. Did she think that they were going to fly in from Syria?

Politicians have totally confused the issue of refugees. Europe has place for refugees. What it generally does not have is place for migrants. Refugees are being pushed aside by the wannabe migrants using the chaos for the......................

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This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.