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[Europe.Is.Doomed™ Alert]

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Tue Oct 13th, 2009 at 04:52:50 AM EST
[ Parent ]
The US has a single federal fiscal policy.

You cannot have a single market and a monetary union without a fiscal and industrial policy.

[Europe.Is.Doomed™ Alert] indeed unless we toss neoliberal dogma overboard, something I don't think the EU is about to do any time soon.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma

by Migeru (migeru at eurotrib dot com) on Tue Oct 13th, 2009 at 05:30:05 AM EST
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