A good article from the Guardian that’s well worth reading showing possibly new light for the Euro. Check it out!
Germany weighs up federal Europe plan to end debt crisis | Business | The Guardian.
Clearly the preassures on Germany are now enormous and mounting daily. German politicians are talking about Germany destroying itself and Europe for the third time in a century.
- Paul Krugman versus Kenneth Rogoff on Europe (valuewalk.com)
- Germany has three months to stem euro crisis – Soros (forexlive.com)
- Eurozone crisis: if Greece goes, Germany’s prosperity goes with it (guardian.co.uk)
A Federal Europe would see Germany as its master and the UK further marginalised or out of it altogether.
The rest of Europe will not want Germany as its master but they cannot have vast amounts of German money and expect to be equal partners at the same time.
Effectively then a Federal Europe would give Germany what Adolf Hitler nearly got by military means, through a different route.
Greece, which is effectively a vassal state of Germany with a little under the table help from China which owns a strategic island, will serve as the model for Southern Europe so a Federal Europe would mean a two tier Europe with the South controlled by the North and the North controlled by Germany.
In that sense it will be like a marriage in which an overbearing mother in law controls a wife who in turn “puts a ring through her husbands nose” and makes him do as he’s told.
Measures will be needed to get the South to become more competitive and these will require sweeping lifestyle changes which ordinary people will resist.
That will mean a mixture of rooting out corruption, transforming lazy and unproductive people into hardworking ones, stopping the current levels of immigration from outside Europe and dealing with riots and rising crime on an unprecedented scale.
Here Mr Cameron will not be able to sell a Federal Europe to the British people but because of promises he made in secret when he became a Bilderberger as their price for putting him into office he will not be able to promise a referendum on an “In or out” question and will be replaced as Conservative Leader by Boris Johnson or someone else the Bilderbergers think will do their bidding.
Boris Johnson or this as yet to be chosen person may promise a referendum but will find that there are reasons not to honour the promise because circumstances have changed(ie Scotland will be wanting to join the European Federation and that what is left,-England and Wales are different to the “United Kingdom”which originally joined the EC). Under these circumstances the best route for England and Wales would be to become a tax haven and a Republic or a tax haven and a country with a very much smaller monarchy without any powers.
The people sadly, will not get this choice but will be tricked into remaining within a Federal Europe and the bulk of the population further marginalised whilst those with foresight will migrate elsewhere and/or arrange their income and tax affairs in a highly efficient manner.
John, many thanks for a very interesting response on Federal Europe. You present a most interesting argument.
Personally, I am not not in favour of greater European integration but sense that financial market fear may be pushing political leaders into uncharted territory.
I agree that Germany would effectively dominate Federal Europe and the UK would become even more marginalized under David Cameron’s leadership. It’s very hard to imagine greater European centralization passing referendums in most European countries, so I agree that leaders may try to avoid going to voters with their plans for Federal Europe.
Here in Southern Italy, I am able to reflect on my visit to the Austrian Parliament in Vienna, a couple of weeks ago – in the beautiful debating chamber in Vienna, I visualized the diverse countries of the representatives of the Austro Hungarian Empire trying to reach consensus, each with their own colourful way of saying “no”. Currently based in Southern Europe, I am able to consider the enormity of the changes required to Mediterranean societies, and I remain unconvinced of greater political integration – certainly, in my mind, it will never be achieved democratically.
I guess that over the coming months, we shall see lots of alternative Federal models being explored by politicians, journalists and academics.