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Merkel, Sarkozy propose eurozone government
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To
18/08/2011 23:15:45
General information
Forum:
Finances
Category:
Capital
Miscellaneous
Thread ID:
01521256
Message ID:
01521333
Views:
44
>>Now that the centralized Euro rules have been ignored by most participating nations and the Euro monetary unit is on the brink of collapse, what will the good little statists of Europe propose as a solution? Whoever said more centralized control, more rules that participating nations will ignore and of course more taxation is the winner. ;)
>
>
>Weeellll, actually this is better than I had expected.
>This comes on the assumption, that the best course would have been in 2010
>to let Greece and probably Ireland default, but is something not possible to politicians.
>Arguing with gravity might be more fun...
>
>The alternatives of ever widening umbrella[s] or
>Eurobonds to eliminate all restraint from the currently aching countries
>were even worse.
>
>>Predictible, laughable, insanity!
>
>Part of the job...
>
>>Psssst...Eurozone members, you're about to let Germany and France take over the continent. Only this time, they won't have to fire a shot. Everything old is new again.
>
>??? Panem et circenses will come to the northern countries via
>special eu voting systems,
>peer pressure from the "group" of smaller countries gov's
>bureocratic inertia and the tendency to grow.
>"Take over" in my book relates to being in control/having the *deciding* vote.
>Not a characteristic I see in the future eu monetary deciding process for paying countries.
>
>And the US at the moment is not really a much better place
>when measured by fiscal responsibility ;-)
>

It is always a pleasure to read your posts from Europe on the local political and economic scenes. Keep up the good work. That is actually a general remark about the many European members of the UT. Most of our European news is once removed, and lately seems to have a whiff of Euro-resentment. For example, there is a popular theory going around that our current economic problems started in Europe. I'm not smart enough to know whether that's true or not but it's nice to read views from the source.
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