Why the EU will Federalise

The European Union is an abject failure. European nations were supposed to come closer together and learn to live in harmony with one another. Trade was supposed to boom and economies would grow to rival the United States and China. Political influence was supposed to be unmatched. Super money, super diplomacy, Superpower, super ludicrous.

(dreamstime.com)

European nations are further apart now than in decades. The lazy, un-innovative, spend-happy Greeks hate the controlling, wealthy Germans. The Italians feel the loss of their historic pride as their borrowing costs soar. The Germans are tired of bailing out the Club-Med nations as their own debt starts to grow out of control.

Besides an utter lack of European ‘harmony,’ the EU has done little to improve the economy of Europe, with the obvious exception of Germany. Unemployment has remained high, growth stagnant and most innovation is pushed by the state. Many have started to call the EU the U.S.E.R. the United Socialist European Republics.

(realtruth.org)

As for the idea that a united Europe would form one of the world’s three super powers along with the US and China, give me a break! The US and China have had to recently negotiate with European leaders about keeping the Eurozone alive!

Some unions work. The United States (yes that means united countries) and United Kingdom are examples where unions can function well. But these unions were able to work because the nations that joined together had similar cultures and ethics. Trying to take cultures as far apart as Germany and Greece and shoving them together is asking for trouble.

Many people now realise that the political and monetary union has failed, mostly because the hard-working north cannot pay for the south forever. So the logical conclusion would be: dump the Euro, go back to Drachmas, D-Marks and Francs. Keep the European Free Trade Zone and immigration policies to keep the ‘European’ idea going if you must, but salvage what is left of the European economy before China and the IMF buy it all!

(financialpost.com)

This will not occur. France and Germany control Europe and are some of the only countries in the union for which the Euro is beneficial. The answer to the uncontrollable debt will be complete forgiveness of Greek, Italian and Spanish debts, along with certain austerity measures. The debts of these nations – and the nations themselves – will be federalised into the United States of Europe. Eurobonds will be created so that investors can have a little bit of German debt in the bonds even though they will be exposed to Greek and Spanish debt.

The United States of Europe will be sold as the ‘Only Solution.’ Honestly, we didn’t want to federalise, but we had to! Otherwise the whole world’s financial system would collapse! I’ve heard it before and I’m sure I’ll hear it again. They create the problem so that they can offer the solution.