Furthermore, I don't care if they print Deutsche Marks or Deutsche Bags... it isn't going to help. Europe is a prime example of how leftist economic models fail.
leftist economic models.. lol give me a freaking break. If anything it is Reagan/Thatcher economics we have been following in Europe for the last 30 years, just like the US. Not to mention that it was rightists who drove Greece over the edge, it was rightists who were in power in Italy, and rightists who were in power and allowed the Spanish building boom. It is also rightists that have been in power in Germany and France for the last decade and so on and so on.
Is Europe in Canada?
Europe's problem is simple. You spend money you don't have on social programs you don't need. Your corporations are over-taxed and over-regulated so they are handicapped on the global market.
To add to the trouble, your governments are set up in such a way that it's impossible to get anything done.
You're flooded with immigrants because your birth rates are too low, and your countries are losing their sense of identity.
That said, you are the smartest people on the planet... hopefully you figure a way out of this mess you've made for yourselves.
They would be wise to exert total control over their own currency once again.
You know the time is right to take control, we gotta take offense against the status quo
Originally Posted by A. de Tocqueville
I don't think this story is a hoax. It's just about having your bases covered. The fact that they picked Germany is what tips me off to that it could be true.
If the EU were to abandon the Euro, the only way to really do it would be for the creditor nations (Germany) to break away from the currency first.
Wait a minute.. our corporation tax is lower than that of the US!... that is after all what you conservatives types are throwing into the US debate about your so called "massively high" corporate tax...Your corporations are over-taxed and over-regulated so they are handicapped on the global market.
As for "over-regulated"... another myth. Are there some countries that have too many regulations.. sure, and they should deal with that, but there are also countries who have less regulations than the US.
Okay, you not only just shot yourself in the face, but placed your own fist up your... OUR governments are DOING something. All countries are cutting costs, redoing pension systems, and so on... even those with great economies. There is very little if any gridlock in individual countries. It is YOUR government and political system that is in utter gridlock not being able to determine the colour of the freaking bathroom without a 60% majority vote in the Senate. Now on EU level governments are fighting for national interests, just as they are suppose too do. This takes time, but things do get done and they at least do talk to each other in a civilized way.. minus the UK of course.To add to the trouble, your governments are set up in such a way that it's impossible to get anything done.
LOL seriously? Where did you get this nugget... CATO? Fox News? Your local GOP talking points? Loosing our sense of identity.. HA!.. that is rich. Prove it.You're flooded with immigrants because your birth rates are too low, and your countries are losing their sense of identity.
Its funny that your mind set was figured out in 1850 by a Frenchman. Don't you think?It is not true that the mission of the law is to regulate our consciences, our ideas, our will, our education, our sentiments, our sentiments, our exchanges, our gifts, our enjoyments. Its mission is to prevent the rights of one from interfering with those of another, in any one of these things. Law, because it has force for its necessary sanction, can only have the domain of force, which is justice. - Frederic Bastiat
Socialism, like the old policy from which it emanates, confounds Government and society. And so, every time we object to a thing being done by Government, it concludes that we object to its being done at all. We disapprove of education by the State — then we are against education altogether. We object to a State religion — then we would have no religion at all. We object to an equality which is brought about by the State then we are against equality, etc., etc. They might as well accuse us of wishing men not to eat, because we object to the cultivation of corn by the State.
How is it that the strange idea of making the law produce what it does not contain — prosperity, in a positive sense, wealth, science, religion — should ever have gained ground in the political world? The modern politicians, particularly those of the Socialist school, found their different theories upon one common hypothesis; and surely a more strange, a more presumptuous notion, could never have entered a human brain.
They divide mankind into two parts. Men in general, except one, form the first; the politician himself forms the second, which is by far the most important. -Frederic Bastiat