Alright, so Pritchard disagrees with the establishment of the EMU, but it appears that he has often commented in favor of more debt and spending for Greece and Italy. It would seem that more sovereignty in those countries could have been attained by turning away from socialism. It would also seem that those who willingly joined the EMU are not victims of the more productive members.
Sovereignty is out in Europe.
All the socialist countries knew what they were agreeing to when they signed the Lisbon Treaty, the grand unification, Ein Volk.
AEP only suggests, though he repeatedly says it won't happen, QE to avoid (global?) fiscal and civil calamity.
yitbos