General Discussion

Adrahil

(13,340 posts)

40. The problem is...

Tue Feb 17, 2015, 09:27 AM

Feb 2015

... that ultimately Greece can't survive without Europe. Russia isn't exactly flush, and they don't do anything out of the goodness of their heart. The new Greek leadership needs to think beyond next year. And so does the EU. Both sides need to come of their current positions some.

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Krugman: 'We're Rapidly Approaching A Moment Of Truth' - NYT [View all] WillyT Feb 2015 OP

I thnk Greece will leave the EU. How the EU survives the economic fallout is not to be guessed. Agnosticsherbet Feb 2015 #1

For strategic reasons, the EU can't let that happen. But closeupready Feb 2015 #4

Ultimately, the EU can not stop them. Agnosticsherbet Feb 2015 #5

Scotland had a recent secession vote that failed, but as a means of defusing such ideas, closeupready Feb 2015 #10

Scotland's seccession was from England, not the EU. Agnosticsherbet Feb 2015 #49

Sure they can. They have armies. (nt) jeff47 Feb 2015 #19

Srsly? You think Germany, as leader of the EU and the biggest proponent of austerity, truebluegreen Feb 2015 #27

Well, we are talking about "ultimately", not "first thing to try". (nt) jeff47 Feb 2015 #30

The EU does not have a military. The inidividual nations do have militaries, but I don't think Agnosticsherbet Feb 2015 #45

Yes. The entire point of forming the EU was fundamentally about PEACE, closeupready Feb 2015 #50

You're forgetting the financial destruction. jeff47 Feb 2015 #56

Probably not, because the money isn't big enough. jeff47 Feb 2015 #55

The problem is... Adrahil Feb 2015 #40

They survivied before the EU existed. They could find away to suvive without it. Agnosticsherbet Feb 2015 #48

I basically agree... Adrahil Feb 2015 #57

The Euro was a bad idea because they did not integrate their economic system. Agnosticsherbet Feb 2015 #58

It's a speed bump. MrTriumph Feb 2015 #2

You can bet Portugal, Spain and Ireland are watching carefully. riderinthestorm Feb 2015 #3

Yep... And Speed Bumps Can Be Lethal If One Is Reckless... WillyT Feb 2015 #6

Austerity is a terrible idea. These people need to read Keynes. n/t Adrahil Feb 2015 #41

If the Troika wins it shows Germany actually won WWII tech3149 Feb 2015 #7

The IMF was founded in the US in 1944. MrTriumph Feb 2015 #8

Thr porblem with the EU DonCoquixote Feb 2015 #9

Effin A! You understand the problem! tech3149 Feb 2015 #12

....will have to be fought sooner or later is the people versus the banks. Tierra_y_Libertad Feb 2015 #11

+10000 The only way to stop a predator woo me with science Feb 2015 #14

And not just in EU. jwirr Feb 2015 #15

KnR for Professor Krugman Hekate Feb 2015 #13

Prediction... Helen Borg Feb 2015 #16

How they got there? Simple. hifiguy Feb 2015 #17

I think I may love you.... Adrahil Feb 2015 #42

HOW'D they REALLY get there? It's like the sub-prime mortgage crisis of 2007-2008... MrMickeysMom Feb 2015 #51

Don't ridicule yourself. DetlefK Feb 2015 #52

The euro was created precisely to bring about the mess we're seeing in Greece, Spain, etc. nichomachus Feb 2015 #18

Getting a bit conspiratorial TooPragmatic Feb 2015 #20

I think nation states should control their own fiscal, economic and trade policies. CJCRANE Feb 2015 #23

Like they did before WWII? TooPragmatic Feb 2015 #24

There weren't many sovereign nations in those days but plenty of empires. CJCRANE Feb 2015 #25

those empires where nation states TooPragmatic Feb 2015 #35

The UN was set up to protect the sovereignty of nation states. CJCRANE Feb 2015 #37

How about "the pudding." nt truebluegreen Feb 2015 #29

I love it -- anything someone doesn't like to hear is a "Conspiracy Theory" nichomachus Feb 2015 #38

Why not just use Alex Jones TooPragmatic Feb 2015 #39

I agree. CJCRANE Feb 2015 #21

A similar desire was the cause of the failure of the Articles of Confederation. SteveG Feb 2015 #54

Good book plot.... Adrahil Feb 2015 #43

Spot on, Nicho Android3.14 Feb 2015 #53

interesting and scary hfojvt Feb 2015 #22

How did Europe get to this point? Goldman Sachs. Dont call me Shirley Feb 2015 #26

Recommend...thanks, WillyT. n/t Jefferson23 Feb 2015 #28

You Are Quite Welcome !!! WillyT Feb 2015 #31

You may be interested in Professor Bill Black who has written on the subject in addition to your Jefferson23 Feb 2015 #32

Thank You For That... I'm A Big Fan Of Bill Black !!! WillyT Feb 2015 #33

He is a reliable, powerful force for good analysis..agreed. Jefferson23 Feb 2015 #34

+1 Pooka Fey Feb 2015 #44

kick woo me with science Feb 2015 #36

K/R marmar Feb 2015 #46

this is a really thoughtful piece. MBS Feb 2015 #47