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Greek financial crisis highlights EU's choice: integrate or disintegrate

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posted on May, 7 2010 @ 09:14 AM

Greek financial crisis highlights EU's choice: integrate or disintegrate m

The Greek financial crisis has inadvertently forced the European Union to confront an issue many member nations would prefer to avoid.

As one commentator put it: "Europe's choice is to integrate or disintegrate." And that's an issue many EU governments simply are not willing to entertain regardless of whether, like Germany and France, they are in the eurozone or, like Britain, they adamantly oppose giving up their own national currency.
(visit the link for the full news article)

posted on May, 7 2010 @ 09:14 AM

Faced with massive loans coming due this month, his government announced a draconian package of austerity measures and sought support from the EU.

The austerity measures have been roundly denounced by Greek citizens, leading to violent clashes in Athens.

A couple of years ago I couldn't have thought this, but I am starting to believe that the end of the European Union is imminent. Originally founded to provide peace and prosperity through partnership and it has made some stunning achievements. Fifty years of relative stability in blood-ridden Europe, that alone is reason enough to be supportive to the EU.

However, there are plenty of reasons to support the opinion that the status quo is not sustainable. In contrast to the US, the EU consists of many countries with (very) different cultural backgrounds and nationalistic ideas. The national chauvinism of these countries (particularly that of the UK and France) is an important factor that undermines real progression. The monthly move to Strasbourg being a prominent example - France refuses to surrender this ridiculous thing, which costs E200 million/year. If countries are not even willing to give up such ignorant things, how could they ever expect the European people to have trust in the EU?

In one month the total amount of aid has been increased from E30 billion to over E150 billion. Why? Because the Greek government has long lived beyond its means, failed to implement an effective taxation system and was allowed to adopt the Euro under false pretenses. For months, the Greeks have been outrageous with the EU while they should be angry with their own government. Their government created the situation were they now find themselves in. They should be grateful that the people of Europe is being forced to waste so many billions on the sinking ship called Greece. I would think it is not more than appropriate that the Greek people pay their share of this mess that other European countries bear no responsibility for in the first place.

We, the people of Europe are paying billions for the mess Greece is solely responsibility for with small chances that the money is ever going to be paid back. As soon as more countries follow (Portugal, Spain), there is a very significant chance that the unity will break. In other words: a German will not care any longer about the faith of the EU, but rather about the faith of Germany and the same applies for many other countries. Eventually, we will reach the same point as were we started: selfish and nationalistic countries and honestly, you can't blame them. Bad governance and no real desire for progression among the politicians of individual countries is to blame.

Unfortunately enough, I believe that such a scenario would lead to the instability that caused so many bloody wars in our past. m
(visit the link for the full news article)

posted on May, 7 2010 @ 09:34 AM
EU needs to enlarge or shrink .

Turks , Ukranians , Russians , Georgians , Armenians , Bosnians , etc etc are all waiting to be admitted to the EU Club .

With Franco + Germanic axis , current EU structure is not politically suited for an enlargement .

Doesn't the history repeat itself ?

posted on May, 7 2010 @ 10:39 AM

Originally posted by Mdv2
I would think it is not more than appropriate that the Greek people pay their share of this mess that other European countries bear no responsibility for in the first place.

No matter how harsh it might sound; you couldn't be more correct.

Greece, like most other EU countries is a democracy.
They vote for their leaders.

They have seen this crisis coming for years, warned by both the political opposition and media.
Still, they have chosen to vote for those who promote the laziest agenda.
Those who have been spending and taking loans like there was no tomorrow...
...well, too bad "tomorrow" just dawned.

Retirement at the age of 53?
What country can support that, economically???


[edit on 7-5-2010 by Raud]

posted on May, 7 2010 @ 10:51 AM
Quote-'The national chauvinism of these countries (particularly that of the UK and France)'

How do you see having pride in your culture and traditions as 'National chauvinism?'

Since being tied ever closer to Europe, the UK, and all other member countries have given up their law-making process'es and have had to put up with increasing medlling from Brussels.

From being told what size carrots you can sell, to allowing EU fishing boats into coastal waters when your own are not allowed, it all adds up to too much interference.

I am proud to be from GREAT BRITAIN, and will never be a faceless drone in the european federation.

I am not anti-european, but I believe we should be allowed to decide for ourselves.

posted on May, 7 2010 @ 11:07 AM
this is all coming to a head..the german constitution forbids any foreign interfering in its finances....but we are now hearing more and more calls from external sources that they REALLY need to control all of the EUs finances centrally otherwise it will not work.

so...either germany will have to change its constitution...which cant happen..or....the euro is history..which cant happen either....

it would be VERY ironic however if the german constitution saved europe from tyranny...

posted on May, 7 2010 @ 07:45 PM
I have chosen this thread without any direct or indirect intrusion.

The police budget has been diverted to an acquisition of Riot Control, (shields,tear gas,body armor, gps Locator's,helmet bound live feed cams and rubber bullets).

Some 12k new recruits are been stationed upon completion of training to riot policing and securing foreign embassy's for possible rioting.

On a side note: The citizens who died during the riots were not killed directly by the fire but from smoke inhalation. The woman was also pregnant with a 4 month year old foetus. Sadly know one has mentioned that the security cams show immigrants indicating that the fire was initiated by non natural born citizens. The obvious skin tone is a sealed conclusion that it has been directed from outside towards a particular organization for more than political purposes. eye in the sky.

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