Κυριακή, 13 Νοεμβρίου 2011

The only effective response to the debt crisis is Federal Europe

What we are experiencing in Europe the last two years, very much more the last six months, is the result of political hesitation for a deeper & stronger European integration.

The obvious statement that "a monetary union without a real financial union is not sustainable" is proven right at an amazing manner day-by-day.

Political systems across Europe struggle to stay in power, betting, quite unfortunately, on a concept which we all thought was deep-burried in European history: Nationalism.

Watching news in European countries makes you think that there are some very bad people in Brussels dictating decisions and 'imposing authority' on the national governments. Interestingly enough, this stands both for strong and weak economies in the EU.

This is pure populism and we should all stand against it.

For European Economy, for Europe in general, in order to play any role in future geopolitics and geoeconomy, has to get truly united, has to explore economies of scale. The 19th century US history teaches the most important lessons about this.

A truly united Europe can only be a Federal Europe, with a directly elected European government for the European citizens.

We all live extreme moments in Europe. Yes, it's about business, it's about entrepreneurship, it's about stability, it's about sustainability. IMHO, it is ridiculous to believe that Europe faces a financial crisis.

The European debt crisis is a pure political crisis and the response can only fall in the field of politics.

Entrepreneurs, as actors of innovation, creativity and progress, should use all their influence and power to move decisions to the right direction.

A truly united Europe, a federal European State, will only be good for us Europeans and for the rest of the World.

Last but certainly not least: We just need to realize that a possible return of Nationalism in Europe will be THE END for all of us and, after that, do whatever necessary to realize a truly united, Federal Europe.

1 σχόλιο:

Ανώνυμος είπε...

The only effective response to the debt crisis is to jail those who faked the national accounts, including a national business ban on Goldman-Sachs.