This is a very interesting read on a growing possibility... http://online.wsj.com/article/SB100...6580522348961298.html?mod=WSJ_Opinion_LEADTop One cannot maintain governance by fantasy forever.
Europe supremacy has been a constant for about a millenium, USA has been around for 50 years as a major player. This sums up USA pretty well: from boom to bust. Talk about a failing of epic proportions. Europe is just beginning, JIMV -- a major surge of European integration is expected in 2012 with the imploding of American-British Financial dominance.
This Europe is a failure and I hope so. This Europe where the workers lose rights every days. Sorry but I don't want this Europe.
Kilgram, you know I like you but I really need to say: ****! Of course you want "this Europe" -- where are you know? Finland. => case closed. (I'm not saying Europe is perfect, but did you read the article? It's utter trash!)
Obviously that the article is trash, for that I ignored the article. I don't want this Europe. Because this Europe is being destroyed, even in Finland. This Europe of welfare is being attacked until be destroyed, first were the Greeks, later Italy, Spain and Portugal, but the rest will fall in a system without welfare. This is the Europe that I don't want. In Spain the public education is in real danger, also the healthcare. And all for absurd "attacks of the market" and because we have a liberal government, and we will have a worse one(PP), that believes that the workers and the people don't have right to a good education and healthcare. That's the Europe that is being constructed, and this one I don't want.
Kilgram, "Olive Europe" is not sustainable. Western-Europe has a higher standard of living and way better welfare states. The problem isn't "Europe", it's you (as in: Spain, etc.).
What comes after Europe? Germany and her (*)(*)(*)(*)(*)es, Great Britain just acknowledges its a protectorate of the US, and the East succumbs to Russian whims. It should be fun to watch. There is potential for a Scandinavian bloc to form as well. Overall I'd say they are screwed.
The poorer states will eventually reject the Euro. It may take a lot of bloodshed, but it will eventually happen. The Greeks are just the beginning and have shown the most chutzpah of all. I'd be rioting too if bankers and the elite rich did this to my country.
You bring up a good point, there hasn't been bloodshed on a continental level in far too long, those Europeans must be chomping at the bit to kill off a generation or two.
If you say so... Speaking of epic fails http://www.thedailybeast.com/newsweek/2011/09/18/greek-default-how-this-tragedy-will-end.html
Flooding the market with dollars is just posponing the unavoidable: the total implosion of American financial dominance at the end of 2011, continuing in 2012. Salami-crash of epic proportions.