Eupedia Forums
Site NavigationEupedia Top > Eupedia Forum & Japan Forum
Results 1 to 14 of 14

Thread: Fedral Europe?

  1. #1
    Elite member edao's Avatar
    Join Date
    10-02-10
    Location
    Britain
    Posts
    442

    Y-DNA haplogroup
    R1b
    MtDNA haplogroup
    H

    Country: UK - Scotland



    Fedral Europe?

    Will be financial crisis of southern Europe act as a catalist for "fiscal federalism"?
    It seems the Euro can no longer afford to operate under the current model.

    "EMU architects were warned in the early 1990s that monetary union would prove unworkable as constructed. They scoffed, sure that any crisis could be exploited to force the pace of economic union. Commission chief Romano Prodi later admitted as much. "The euro will oblige us to introduce a new set of economic policy instruments. It is politically impossible now. But some day there will be a crisis and new instruments will be created."
    source

  2. #2
    Advisor LeBrok's Avatar
    Join Date
    18-11-09
    Location
    Calgary
    Posts
    10,295

    Y-DNA haplogroup
    R1b Z2109
    MtDNA haplogroup
    H1c

    Ethnic group
    Citizen of the world
    Country: Canada-Alberta



    On other hand California is bankrupt in USA, and no one says that US dollar will collapse, or USA as a union.

  3. #3
    Regular Member Cambrius (The Red)'s Avatar
    Join Date
    27-06-09
    Posts
    2,640

    Y-DNA haplogroup
    R1b (RL-21*)
    MtDNA haplogroup
    H3

    Ethnic group
    Gallaecian Celtic
    Country: USA - Ohio



    Federalization of the EU financial system is clearly needed. Not much to debate about on this.
    Last edited by Cambrius (The Red); 05-05-10 at 13:45.

  4. #4
    Elite member edao's Avatar
    Join Date
    10-02-10
    Location
    Britain
    Posts
    442

    Y-DNA haplogroup
    R1b
    MtDNA haplogroup
    H

    Country: UK - Scotland



    Quote Originally Posted by Cambria Red View Post
    Federalization of the EU financial system is clearly needed. Not much to debate about that.
    Would you be happy for Portugal to sign over fiscal responsibility to the EU,
    And do you think it would help prevent the economic stagnation that has been seen in Portugal over the last decade?

  5. #5
    Satyavrata Maciamo's Avatar
    Join Date
    17-07-02
    Location
    Lothier
    Posts
    9,409


    Ethnic group
    Italo-celto-germanic
    Country: Belgium - Brussels



    Quote Originally Posted by LeBrok View Post
    On other hand California is bankrupt in USA, and no one says that US dollar will collapse, or USA as a union.
    Exactly. That's one of the advantages of federalism.
    My book selection---Follow me on Facebook and Twitter --- My profile on Academia.edu and on ResearchGate ----Check Wa-pedia's Japan Guide
    ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
    "What is the use of living, if it be not to strive for noble causes and to make this muddled world a better place for those who will live in it after we are gone?", Winston Churchill.

  6. #6
    Satyavrata Maciamo's Avatar
    Join Date
    17-07-02
    Location
    Lothier
    Posts
    9,409


    Ethnic group
    Italo-celto-germanic
    Country: Belgium - Brussels



    Quote Originally Posted by edao View Post
    Would you be happy for Portugal to sign over fiscal responsibility to the EU,
    Personally I have no problem with my country transferring fiscal responsibility to the EU. The EU is generally governed by more able people than in (small) member states, and politicians aren't as corrupt or mired in petty local bickering. People who work for the EU are generally more broad-minded, with a better global vision, and caring about what really matters instead of trivial pork-barrel issues to please the lowbrow end of the electorate.

  7. #7
    Regular Member Gwyllgi's Avatar
    Join Date
    28-02-10
    Location
    Wales (UK)
    Posts
    217

    Y-DNA haplogroup
    I don't drop acid
    MtDNA haplogroup
    Well, not any more!

    Ethnic group
    Welsh
    Country: UK - Wales



    A United States of Europe is desperately needed. The benefits, including a painful period during the creation, far outweoigh the costs, many of which when it comes down to national identity are in fact an illusion.
    Some days you're the dog. Other days you're the lamp post.

  8. #8
    Elite member edao's Avatar
    Join Date
    10-02-10
    Location
    Britain
    Posts
    442

    Y-DNA haplogroup
    R1b
    MtDNA haplogroup
    H

    Country: UK - Scotland



    Credit Rating Mafia

    http://news.bbc.co.uk/1/hi/business/10097107.stm

    "Michel Barnier, in charge of revamping financial services, told the European Parliament he had been surprised by the rapid deterioration of Greece's rating. A new regime for agencies, demanding they explain how downgrade decisions are made, will begin in December and Mr Barnier said this may be strengthened."


    Not before time.


    "Last year the big three of Standard & Poor's, Fitch, and Moody's admitted that their assessment of securities backed by sub-prime mortgages had turned out to be incorrect."

  9. #9
    Regular Member Cambrius (The Red)'s Avatar
    Join Date
    27-06-09
    Posts
    2,640

    Y-DNA haplogroup
    R1b (RL-21*)
    MtDNA haplogroup
    H3

    Ethnic group
    Gallaecian Celtic
    Country: USA - Ohio



    Quote Originally Posted by Maciamo View Post
    Personally I have no problem with my country transferring fiscal responsibility to the EU. The EU is generally governed by more able people than in (small) member states, and politicians aren't as corrupt or mired in petty local bickering. People who work for the EU are generally more broad-minded, with a better global vision, and caring about what really matters instead of trivial pork-barrel issues to please the lowbrow end of the electorate.
    I'm with you on this. Say what you will about Brussels but I would trust its decision making on economic and financial matters much more than country legislators.

  10. #10
    Elite member Michael Folkesson's Avatar
    Join Date
    20-02-10
    Posts
    131


    Country: Sweden



    I agree that fiscal politics should be on the EU level. I am not sure how feasible it is to make it so though. I have the rising nationalism of European countries in mind. How likely is it that this will happen? In small steps over time or will they have the courage to just do it? How would the peoples of the EMU react to this? Would it be national political suicide? Would the populations accept it or would we se a deteriation of Euro support and riots on the streets?

  11. #11
    Elite member edao's Avatar
    Join Date
    10-02-10
    Location
    Britain
    Posts
    442

    Y-DNA haplogroup
    R1b
    MtDNA haplogroup
    H

    Country: UK - Scotland



    Working of the European political system

    Great little video explaining the European political system.

    Watch here!

  12. #12
    Advisor LeBrok's Avatar
    Join Date
    18-11-09
    Location
    Calgary
    Posts
    10,295

    Y-DNA haplogroup
    R1b Z2109
    MtDNA haplogroup
    H1c

    Ethnic group
    Citizen of the world
    Country: Canada-Alberta



    Thanks edao, I've got educated. Nice find.

  13. #13
    Regular Member
    Join Date
    09-03-12
    Posts
    12


    Country: United Kingdom



    Thanks for the video ( :

  14. #14
    Regular Member Riccardo's Avatar
    Join Date
    23-03-11
    Posts
    220


    Country: Italy



    I agree with the idea of a Federal Union. The biggest problem of the European countries is that we are still separate countries in an economic union, and that's just foolish. You may like or you may don't like it as idea, but a true union would be the best for everyone in this continent. Until every country will be able to carry on just their own interests, we will never grow up. No Europe meant wars, intolerance, chauvinism, etc. Economic union meant basically the solution of financial problems (when it was possible). If we want to ameliorate our conditions we should think about a Federal Europe, at the beginning.

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •