What could go wrong?
Nah, the plan is really quite simple and brilliant.
No more wars between countries, in the future, there will be only civil insurrection - easily and legally put down by the police.
“Wow, look at how bad they’re allowing this to get.”
Are you refering to the IMF?, or Helicopter Ben?, or simply the marxist obama?
“A Sneak Peek at Tomorrow’s Europe”
Bankruptcy and rioting; possibly war.
unfortunately, it makes sense — if you join a common currency, you should expect this. That’s why I hope Poland won’t join — the date for that is constantly pushed back...
Any vision of the future of Europe that doesn’t see a lot of smoking rubble and people struggling just to themselves after the war is delusional.
So the Germans are singing a different tune? Maybe it's the same old tune with a rocked-up beat. At any rate, you can bet the rest of Europe is going to be dancing to it!
The real question is whether Europeans will wake up to the reality that socialism doesn't work before or after they fall into the abyss.
They might buy some time by establishing the iron-fisted dictatorship required for Marxism to function until it has completely destroyed the economy.
But it's hell when truth comes crashing through delusions--and it inevitably does.
That's tragedy for you. Western Civilization began with a Greek chorus shouting warnings about that very thing. Looks like it's going to end the same way.
“The idea developed by the Euro-crats would force governments to live within their means and to spend only that money which they take in themselves. Only then would they be able to maintain full national control of their expenditures. Should the concept work, it has the potential of transforming the current debt union into a union of stability.”
That’s essentially how the United States was SUPPOSED to work. Each state running itself pretty much independently, with DC only taking on tasks that had to be done at the federal level. The states would not be permitted to run deficits or print money. Of course the feds ended that experiment with Social Security, and the states haven’t done a whole lot better, taking on huge debt loads (i.e., Governor Perry’s big legacy in Texas, besides selling off our highways, will be the huge debt that we have to deal with).
What could go wrong?
I seriously doubt this will ever happen. Its the final death throes of an ill conceived union. Look for the Eurozone to break up and everybody go back on their own currencies.