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“For most people that makes sense of Europe. The currency bloc that has been strangled by the common euro is living up to that sense of monetary reality. All that talk of recovery only eight months ago has been washed away in a tide of remarkable fear. What was perhaps only unease or mild nervousness as late as September has turned in the past few weeks to what can only be described as growing desperation.”
Comment:
In my view, merging and integrating all the weak countries failing economies, together with the remaining stronger countries, starting decades ago, was just a temporary stop gap measure to maintain the status quo.
Unfortunately merging the weak with the strong, often eventually brings down the strong economies also. That’s where they are now. No remaining strong countries economies left anymore to merge with. TPTB have to know this too.
Like I said long ago…Their only hope now is to discover a very prosperous planet in another solar system to merge our global economy with. This would explain all the wasted money on space exploration. 🙂