Send a Tweet
Most Popular Choices
Poll Analyses
Share on Facebook 6 Share on Twitter Printer Friendly Page More Sharing
Best Web OpEds    H3'ed 12/5/18

How Does the E.U. Think This Is Going to End?

Follow Me on Twitter     Message Scott Baker
Become a Fan
  (79 fans)

The European Union is a lot less cohesive than this map suggests, with Italy being the latest and largest crisis catalyst.
The European Union is a lot less cohesive than this map suggests, with Italy being the latest and largest crisis catalyst.
(Image by (Not Known) Wikipedia (commons.wikimedia.org), Author: Author Not Given)
  Details   Source   DMCA

This NY Times Editorial makes a good a good diagnosis of the Italian debt problems, goes through all the options to fix them within the EU framework and correctly rejects them as unworkable. But the final 'offer (of) something positive in exchange, such as a common European investment and growth strategy' (basically the former Greek Finance Minister Yanis Varoufakis' solution too), falls short too, politically & economically. Monetary sovereignty may be the only solution, and political sovereignty may be the only way to get to that if the bank-dominated EU won't cooperate.


Read the rest of the story HERE:

At www.nytimes.com

 

News 1   Supported 1   Valuable 1  
Rate It | View Ratings

Scott Baker Social Media Pages: Facebook Page       Twitter Page       Linked In Page       Instagram Page

Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a blogger for Huffington Post, Daily Kos, and Global Economic Intersection.

His anthology of updated Opednews articles "America is Not Broke" was published by Tayen Lane Publishing (March, 2015) and may be found here:
http://www.americaisnotbroke.net/

Scott is a former President of Common Ground-NYC (http://commongroundnyc.org/), a Geoist/Georgist activist group. He has written dozens of articles for (more...)
 

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Follow Me on Twitter     Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)
 

To View Comments or Join the Conversation: