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For some reason the multi-speed Europe has been talked about in hushed tones as if it were dangerous for many, many years. It is becoming evident that "enhanced cooperations" are the only way forward.

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Migeru (migeru at eurotrib dot com) on Wed Feb 4th, 2009 at 07:03:39 AM EST
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Migeru:
It is becoming evident that "enhanced cooperations" are the only way forward.

I agree totally, and would add that such enhanced cooperations will be "bottom up" and networked cooperations.

IMHO networked P2P financing and economic interaction - and particularly energy flows - is drivin the "once in a thousand years" transition currently under way.

The geographic frame for such economic cooperation has its roots, as we have discussed, in historic interactions within and across river and sea basins.

eg a Hanseatic League Mark II, and maybe a Mediterranean League as well.

"Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky

by ChrisCook (cojockathotmaildotcom) on Wed Feb 4th, 2009 at 08:05:49 AM EST
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