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To: lbryce

That helps, but doesn’t change the underlying issue. If a country asserts its sovereignty, what recourse does the EU have?

None.

The EU was destined to fall — it is just happening a little sooner than anyone thought.


11 posted on 07/05/2011 10:09:45 AM PDT by freedumb2003 (Herman Cain 2012)
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To: freedumb2003

EU = Articles of Confederation


12 posted on 07/05/2011 10:22:03 AM PDT by Toskrin
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To: freedumb2003

Can’t disagree. We’re on the same side. :-)


13 posted on 07/05/2011 10:23:10 AM PDT by lbryce (BHO:Satan's Evil Twin)
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To: freedumb2003
The EU need not fall, ever, if the EC will lift the heavy hand of the Eurocrats in Brussles. Far stranger political unions (think Holy Roman Empire) have lasted far longer than the EU. As long as there is a dominant cultural coherence, there is no particular reason for the political entity, the EU, to fail.

The **EMU** is a different matter entirely, and is doomed, probably sooner than later. Eurocurrency will fail generally for the **lack** of economic cohesion among the economies of the assorted member nations. Imagine if Texas were broadly capitalist, California broadly socialist, NY broadly crony capitalist, North Dakota broadly mercantilist, and so forth, to a greater degree than today. That's what you have today in the economies of Wonderland (my private name for the Eurozone).

17 posted on 07/05/2011 11:58:20 AM PDT by SAJ (Zerobama -- a phony and a prick, therefore a dildo)
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