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> If the ECB doesn't do so Europe is doomed Doomed is a strong word, what does it mean? Sure, there are flaws in the common currency and the ECB policies might
by samsonradu 7y ago
> If the ECB doesn't do so Europe is doomed
Doomed is a strong word, what does it mean? Sure, there are flaws in the common currency and the ECB policies might fail. Europe might be the next Japan for the upcoming decade with ±0% economic growth, that doesn't make it doomed.
- JumpCrisscross 7y ago> Doomed is a strong word, what does it mean The Euro could dissolve in lieu of national currencies. Borders may be redrawn and remilitarised.
- samsonradu 7y agoWell, Europe will still be there, borders or not. Can you elaborate a bit on 'remilitarised'? Why would that be needed and when were borders last militarised? By militarised you mean customs officers?
- mcguire 7y agoI'm not JumpCrisscross, but I'm thinking WW1.
- JumpCrisscross 7y ago> Why would that be needed and when were borders last militarised? Monetary problems tend to prompt populism. That comes with its standard variants of nationalism, fascism and racism. Harsher customs are the least of our concerns from this side of the Atlantic.
- imtringued 7y agoLeaving the Euro isn't the same as leaving the EU.
- cylinder 7y agoOnly from your American war-obsessed fatalistic perspective does this happen.