"You cannot run a monetary union with the likes of Mr Sócrates, or with finance ministers who spread rumours about a break-up. Europe’s political elites are afraid to tell a truth that economic historians have known forever: that a monetary union without a political union is simply not viable. This is not a debt crisis. This is a political crisis. The eurozone will soon face the choice between an unimaginable step forward to political union or an equally unimaginable step back. We know Mr Schäuble has contemplated, and rejected, the latter. We also know that he prefers the former. It is time to say so."
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Well yeah, I totally agree! The only problem is, IMO, from what I've heard and read from people throughout Europe, from every single country, they simply don't want it!
Of course no one in the world wants his nation to be dominated by a higher force, whether it is the EU, the USA or any other country or organization in the world (YES, many Americans even fear the UN). It is a very natural emotion to preserve one own's independence and personal security, everything else only provides mistrust and fear of powerlessness. Also disgrace plays a role, even though most people don't want to admit it.
Now we are in the critical decision of either being dominated by a unity of European countries, but with the guarantee of preserving the independence of this region as a whole, or returning back to relatively powerless nation states, soon overrun by Asian economy and politics and as toys between
the real world powers (USA, Russia, China perhaps also India). And yes, in
this situation we'll be the lucky ones if USA will defend us against other agressors! I have become a pessimist the last few years and doubt that most Europeans have the ability to understand this and look far enough ahead.
