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Subject: The Collapse of the EU?
PPR    2/16/2010 12:27:26 AM
I've long suspected the EU would break up at the first major economic downturn. With Greece, Ireland, Spain, Portugal, and Italy all struggling with debt; the question remains: why should they remain in the EU if it will not bail them out? The EU must struggle with the question: Why should we bail them out when their bad economic decisions will just drag the EU down? So we are at an impass. The easiest way out would be for these countries to withdraw from the EU and start printing their own money--a little inflation to reduce the public debt. So do you think it will happen? What will be the consequences?
 
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Hugo       4/30/2010 3:02:50 AM

Wow, this thread is all over the place! 




Getting back to the central point: what will be the consequences of the break-up of the EU?




(This thread was never intended as a slam on Germany for its past aggressions against neutral nations such as: Holland, Denmark, Norway, Poland, Yugoslavia, Greece, Austria, Belgium (twice), and Luxembourg (twice). Nor a debate over the Civil War, Gulf war, or any other diversion.)




With every day that passes, the situation is growing worse.  Break-up appears more likely.  What will be the consequence? 

 

 Too late, you began with the original statement and thus have opened an off-topic discussion.  The idea that any poster can make claims unrelated to the original topic and not expect some confrontation should another poster disagree might strike you as reasonable but not all. 
To answer your on topic question, I feel a political dissolution would be enormously beneficial to Europe and that coupled with a maintenance of a free trade zone, from which every member benefits, her citizenry would be significantly better off particular given the in political trends towards fiscal union which is a recipe for impoverishment.
 
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buzzard       4/30/2010 9:46:10 AM
Oops, put the relevant response over in the Ron Paul thread. I trust you will see it there.
 
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Nasty German Idiot       4/30/2010 11:29:43 AM

Wow, this thread is all over the place! 




Getting back to the central point: what will be the consequences of the break-up of the EU?




(This thread was never intended as a slam on Germany for its past aggressions against neutral nations such as: Holland, Denmark, Norway, Poland, Yugoslavia, Greece, Austria, Belgium (twice), and Luxembourg (twice). Nor a debate over the Civil War, Gulf war, or any other diversion.)




With every day that passes, the situation is growing worse.  Break-up appears more likely.  What will be the consequence? 

 
First of all,  there is the option of a "core" Union which has already been proposed and discussed before, which could also be seen as a correction of the step that has obviously caused this current crisis, namely the too early and too fast expansion of the EU. 
This "core"could consist out of France, Germany, Denmark, the Benelux-countries, Austria  / other "possible" members: Poland, Italy, Slowenia, Czec Republic, UK, Ireland
 
That would however mean to drop the southern fringe of the EU into inflation, political chaos and debt, and would be terribly hard to push through both for the countries themself as well on an EU level.  (on the brink of beeing unrealistic) There are simply no real "forcing conditions" inside the EU treaties yet that would allow states to be "kicked out".  And while many of the countries we are talking about have a deeply sceptical (if not hostile) attitude towards the EU membership, it would be interesting to see how they would react to a serious attempt to kick them out of the European Union ...
 
My personal opinion by the Way is that turning back the wheel of time is not really an option, what is needed now is hard cuts in the particular countries, and the future option to remove countries from the European Union if they dont comply with the rules and orders of the European Commission that can be forced upon them according to the rules of the Maastricht treaty.  That would maybe also have a broader acceptance inside the EU; because it also concerns Germany and France which are both breaking the limit of 60% of national debt. 
In a harsher language:
Let every EU member set a 5 year-plan to overhaul their countries finances, and after that see who did their job. Than cut away the remaining cancer that doesnt seem to heal.
 
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Hugo       4/30/2010 11:32:59 AM

Oops, put the relevant response over in the Ron Paul thread. I trust you will see it there.

Oh dear, I seem to have answered you there also..
 
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