Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
Wouldn't this multi-EU concept break the basic goal of the original ECM, to bind Germany and France together financially. And, by extension, to bind Germany and the rest of Europe together?

Seems to me that if you're willing to go through the disruption of breaking up the Euro Zone, why not take the smaller disruption of moving towards a federal system? People will complain about Brussels taking away their local power, but that system has worked here for a hundred years or so...

  • Allow free migration of labor.
  • Shift a lot of the tax burden to the federal level, to reduce tax havens.
  • Unify regulations, tax laws, etc.
  • Actually enforce the regulations.
by asdf on Thu Sep 26th, 2013 at 07:35:58 PM EST
Wouldn't this multi-EU concept

Multi-EMU, not multi-EU.

There's a long and storied precedent for having European institutions that don't actually cover all of Europe (and sometimes more than just Europe).

break the basic goal of the original ECM, to bind Germany and France together financially. And, by extension, to bind Germany and the rest of Europe together?

Considering that the alternative is an economic trajectory that will reliably kill around a percent of your population per decade (and that's assuming it fails to provoke a serious shooting war), I'd say "more no than yes."

Seems to me that if you're willing to go through the disruption of breaking up the Euro Zone, why not take the smaller disruption of moving towards a federal system?

You know that and I know that. But federalizing, of necessity, cannot be done unilaterally. And as long as the German political system is in the grip of clinical insanity, unilateral action is the only way forward.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Fri Sep 27th, 2013 at 01:50:05 PM EST
[ Parent ]

Display:

Occasional Series