Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Absent a fiscal union, there is no sense having a monetary union.

But rather than having the free movement of capital hinge upon its pre-requisites if the economy was to be stabilized in the face of crisis ...

... it was thought appropriate to build them upon the neoliberal fantasy that when government gets out of the way, that eliminates the sources of crises rather than changing who it is that authors the crisis.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Sun Jul 20th, 2014 at 08:00:21 PM EST
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Schaeuble is still pushing his Sparkommisar idea. Cyclical fiscal adjustment forever!
by rz on Mon Jul 21st, 2014 at 01:15:05 AM EST
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