Isn't the obvious answer to the structural problems in Europe the creation of a United States of Europe on the model of the federal system in the USA?
I know the French and Germans and other Europeans hate that idea, as it admits the USA is correct, but at some time one has to admit that reality exists.
By copying the USA constitutional structure and other institutions, Europe could let any "state" default and that would have no impact on the "nation".
Europe: Just xerox the US Constitution and change the words a bit. Now, would that not be easy?
Word of the Day
"Zymotic" - adjective [$10] archaic
Zymotic means of or relating to fermentation.
Sentence: The zymotic roots of civilization are suggested by poems from Sumeria about the wonders of beer.
T2108 mired in the 20's....market/investor lassitude....why do I get the feeling Timmy and Ben gunna whip out the HANK THE TANK crush em op/ex playbook???
ReplyDeleteoh come on Bman..............US of Europe would be a disaster
ReplyDeletePS.......is today's post a joke ??
Bman are you looking at buying any European banks ??
ReplyDeleteCS BCS DB etc......
thinking of HBC.
ReplyDeleteI hate it for the country when bunk starts talking dividends and banks......
ReplyDeletelol, spin.
ReplyDeletethat is a bad omen.