Saturday, May 8, 2010

NY Times: Greek Debt Crisis Raises Doubts About the European Union

PARIS — "Europe’s consistent inability to move quickly enough to get ahead of the financial markets during the Greece crisis is shaking the euro and the foundations of the European Union itself, as critics of the euro have long predicted would happen.

"The question being raised with increasing urgency is whether the European Union can fashion a mechanism to speed decision-making before irreversible damage is done and the euro itself slips into history.

"The delays are inevitable, most experts say, stemming from the nature of the European Union and its own institutional voids: no single government, no single treasury, no effective fiscal coordination, no mechanism for crisis management...

Sunday is the 60th anniversary of the Schuman Declaration, the proposal by France’s foreign minister, Robert Schuman, to create a supranational organization of states in war-ravaged Europe. It is now celebrated as Europe Day, and while it led first to a French and German trade zone on coal and steel, the European Union still lacks a common energy policy. And while that early pact led to the free-trade zone known as the European Economic Community, the European Union still lacks serious economic cohesion."

This article from the NY Times shows the incompleteness of the actual unity that so many European leaders have sought for for decades within the EU. European Union countries were so optimistic even just 10 years ago, that with 10 years or so from that time, that the actual "union" of the EU would have be fully completed particularly economically. But the NY Times article reveals to those who may not know how the EU member nations, economically speaking, have many impediments, still, that keep them from full economic cohesion and thus full economic growth, development, etc. This is the crux of the matter. Just look at the example with Greece. Greece, along with other nations, like Italy, is keeping the EU from better growth and prosperity due to the fact that the Eu has no real effective means for dealing with their member nations economic woes! Why do other member nations blame, mock and rail on Greece? I thought they were all supposed to be in this "together." It's a "union", right?

But the next article (below), shows that the founders of the EU (who are big elite globalists who control this planet) are not interested only in full economic cohesion in Europe...but in the whole world!, says it all. They are now calling for better economic safeguards through the imposition of a NWO! This is NOT a "conspiracy," BUT REALITY!!!

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