Europeanizing Europe
The eurozone is at the center of the global financial crisis, because only there, in the realm of the second most important currency after the dollar, does the crisis hit a weak structure rather than a state with real power. Anything less than a United States of Europe will not be powerful enough to prevent the looming disaster.
https://prosyn.org/Tt2DIpH
BERLIN – The eurozone is at the center of the global financial crisis, because only there, in the realm of the second most important currency after the dollar, does the crisis hit a weak “structure” rather than a state with real power. It is a structure that is squandering the trust of citizens and markets in its ability to resolve conflicts – while pushing the international financial system to the brink of disaster.