tag:blogger.com,1999:blog-4102429195693595750.post1801004164462398277..comments2024-03-22T05:15:17.042+02:00Comments on Sudden Debt: Quo Vadis, EUropa?Hellasioushttp://www.blogger.com/profile/03564511281240682625noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-4102429195693595750.post-43066138988280940312012-04-22T20:40:53.837+03:002012-04-22T20:40:53.837+03:00That referendum would go over in Germany (or Austr...That referendum would go over in Germany (or Austria, Luxembourg, etc.) like a nice acute case of herpes.<br /><br />We can argue later whether that would be short-sighted, but that is the political reality in Germanland right now, which is why no major German politician is pushing for one.<br /><br />-SidFinsterAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-23760336890632599272012-04-21T13:51:57.543+03:002012-04-21T13:51:57.543+03:00The key to the second option is a German constitut...The key to the second option is a German constitutional referendum on inter-state transfers paid for by German taxpayers.<br /><br />There was quite a bit of talk about this last year after a German court decision and an interview with one of the senior judges. But I haven't heard anything lately.shtovehttps://www.blogger.com/profile/16109559722715781557noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-78676186550990034622012-04-21T10:35:53.316+03:002012-04-21T10:35:53.316+03:00Not to mention what would happen when a fiscal and...Not to mention what would happen when a fiscal and political union is imposed upon disparate peoples with no common language or ideology, and who do not really like each other very much.<br /><br />-SidFinsterAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-29907436757829579262012-04-21T00:16:05.973+03:002012-04-21T00:16:05.973+03:00"a) The Eurozone falls apart, to be followed ..."a) The Eurozone falls apart, to be followed shortly by the breakup of the EU itself.<br />b) Europe's new(?) leaders finally realize that a monetary union without fiscal and real political union is untenable, so they take bold steps to unite the EU in fact." --- You are of course right about this, but I believe it will just end up dragging along with neither of these outcomes. No way Germany will agree to a fiscal union, their public will not allow it. It will be survival, bailout after bailout, until the edifice collapses.agricultural investmentshttp://www.greenworldbvi.com/alternative-investments-options/agricultural-farmland/noreply@blogger.com