Wednesday, March 24, 2010

The EU Was Supposed To Be Stable.

Those nations granted admission as EU Member States were not supposed to be on such shaky financial ground as to require a bailout. The European Union was not designed to survive a failed member-nation. That's why they're "frantic" trying to come up with ways to rob some nations to bail out others.

In the USA, when the central government proved too weak we came up with a whole new Constitution with much-enhanced Federal powers. The colonies had (mostly) never been nations per se before the Confederation was formed. The EU is full of nations with thousand-year histories of being their own peoples. It would surprise me to see the EU come out with a tighter grip on its members after this crisis is past. It would not surprise me to see the EU broken up.

It will surprise the newscasters' teleprompter writers, though, so remember you heard it was coming.

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