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Ambrose Evans-Pritchard may be right, but he's also concern-trolling. He doesn't want the EU to succeed. If France pulls the plug on the Eurozone, there is a real risk that the whole EU will go with it, which is what AE-P actually wants.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
by Migeru (migeru at eurotrib dot com) on Wed May 28th, 2014 at 11:26:55 AM EST
This is true, but it doesn't invalidate the criticism. Whether France pulls the plug or not, the EU is heading for the cliff-edge.

And from the point of view of a pro-European, it seems to me highly desirable that France stand up and lead the struggle to redefine the whole small-p project. It might still be possible to reach a positive outcome, but it's hard to see that happening without a change in French attitudes.

by afew (afew(a in a circle)eurotrib_dot_com) on Wed May 28th, 2014 at 11:47:27 AM EST
[ Parent ]
And a change in Italian attitudes, too...

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
by Migeru (migeru at eurotrib dot com) on Wed May 28th, 2014 at 12:43:56 PM EST
[ Parent ]
Ah, so you're also in favour of fair and balanced sustainable reform. At least everyone is on the same page here.
by Bjinse on Wed May 28th, 2014 at 12:44:47 PM EST
[ Parent ]
whatever redefine is.
by IM on Thu May 29th, 2014 at 12:19:08 PM EST
[ Parent ]
Go back to pre-Maastricht and start again. Either without a single currency, or with one that can work, ie within a fiscal transfer union.
by afew (afew(a in a circle)eurotrib_dot_com) on Thu May 29th, 2014 at 12:31:53 PM EST
[ Parent ]
You know you've seriously fucked up when the sanest commentary is from the concern trolls...

Less flippantly, your framing is wrong, because it fails to consider the baseline. If France pulls the plug on the Eurozone, the chances of the EU surviving increase as a consequence.

Because the chances of the EU surviving under business-as-usual are, eh, bad.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Wed May 28th, 2014 at 02:21:43 PM EST
[ Parent ]

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