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<blockquote data-quote="GTNavyNuke" data-source="post: 158821" data-attributes="member: 322"><p>I agree that the idea of a European Union is Utopian given the vastly different cultures of the different countries; especially the northern and southern European cultures. To have a monetary union (common currency) without a fiscal (budgetary) union will, I believe, turn out to be unworkable. The EU is working towards a fiscal union and Greece isn't playing - they lied about their deficits to get in and now the debts are un-payable. For the EU political structure to do anything but force Greece to pay their debt would be counter productive to the long term goal of fiscal union. </p><p></p><p>I also agree that Germany has risen again to form a Fourth Reich under the auspices of the EU. Here is a link to the three previous ones - <a href="https://en.wikipedia.org/wiki/Reich" target="_blank">https://en.wikipedia.org/wiki/Reich</a>. Hitler is a politically incorrect singling out of the German culture in my opinion since he led to the recent extermination of so many people. But I agree that the culture of Germany has historically been very effective at expansion (followed by a collapse). So the Germans are reaping the rewards of their hard work and foresight. Having all the weaker European countries in a monetary union with them is a tremendous benefit to Germany as it keeps the Euro much weaker than a Deutsche mark would be.</p></blockquote><p></p>
[QUOTE="GTNavyNuke, post: 158821, member: 322"] I agree that the idea of a European Union is Utopian given the vastly different cultures of the different countries; especially the northern and southern European cultures. To have a monetary union (common currency) without a fiscal (budgetary) union will, I believe, turn out to be unworkable. The EU is working towards a fiscal union and Greece isn't playing - they lied about their deficits to get in and now the debts are un-payable. For the EU political structure to do anything but force Greece to pay their debt would be counter productive to the long term goal of fiscal union. I also agree that Germany has risen again to form a Fourth Reich under the auspices of the EU. Here is a link to the three previous ones - [URL]https://en.wikipedia.org/wiki/Reich[/URL]. Hitler is a politically incorrect singling out of the German culture in my opinion since he led to the recent extermination of so many people. But I agree that the culture of Germany has historically been very effective at expansion (followed by a collapse). So the Germans are reaping the rewards of their hard work and foresight. Having all the weaker European countries in a monetary union with them is a tremendous benefit to Germany as it keeps the Euro much weaker than a Deutsche mark would be. [/QUOTE]
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