Germany, Austria and similar (not France) should leave the Euro to give the Euro a more representative exchange rate along with stopping the German's ability to screw over the Greeks by whining about Weimar and then allow the Central Bank to do the job of a central bank.
They'll probably go the way of ever closer union (which is the EU's fundamental goal) but the current method of crying and maliciously punishing the "feckless" Greeks is unworkable (and the recent events make it clear which of the EU and the Greeks have power over the Greek parliament.) I'm not at all sure that the northern countries are willing to have a proper fiscal union where one helps those less fortunate.
The Eurozone, or Potential Lack Thereof
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In post 31, Yosarian2 wrote:Anyway, the Euro crises is getting more serious now. Italy, Spain, and even France are seeing their interest rates shoot up.
Meanwhile, there is now very serious talk about a Europe-wide tax being put in place in the near future to support the poorer nations in the Euro zone. Right now they're talking about one on the finance industry, but Britain is balking.
Yes because by "Europe-wide" they mean almost entirely paid by just Britain.Plus, if you guys want to make a point, skip the walls, because everyone else in the game does as well. - Magister Ludi- Empking
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In post 35, mykonian wrote:In post 33, Empking wrote:In post 31, Yosarian2 wrote:Anyway, the Euro crises is getting more serious now. Italy, Spain, and even France are seeing their interest rates shoot up.
Meanwhile, there is now very serious talk about a Europe-wide tax being put in place in the near future to support the poorer nations in the Euro zone. Right now they're talking about one on the finance industry, but Britain is balking.
Yes because by "Europe-wide" they mean almost entirely paid by just Britain.
Does this come from the idea that Britain is the richest country in Europe? Because you are missing a few then. And the United Kingdom is far from the healthiest country anyway.
No its because the City of London is the financial capital of Europe and that's (purely coincidentally, I'm sure) what they want to tax.Plus, if you guys want to make a point, skip the walls, because everyone else in the game does as well. - Magister Ludi - Empking
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