EU votes to create gigantic biometrics database

Post by tomhoward » Wed, Apr 24, 2019, 3:32 PM UTC

NotPaidToPost wrote: post #190

christudor wrote: post #187

Earlier quoted context omitted.

I may be mistaken but it looks like you haven’t read the book but you’re confident in assuming I’ve somehow misunderstood it! Here’s the relevant quote in full: “British economist Nicholas Kaldor had warned as early as March 1971 that the fiscal governance system would deepen political divisions. In November 1997, Milton Friedman predicted that the euro’s flawed economics would “exacerbate political tensions by conve…

I'm stating facts. You're trying to find more and more random quotes in an attempt to prove your point... But you haven't found one yet. Last time: The monetary union has led to closer political union and that can only continue. Downvoting all of someone else's comments in a thread is immature and certainly rather poor when you're claiming to be running an educational website...

Post by stjohnswarts » Mon, Apr 29, 2019, 1:41 AM UTC

christudor wrote: post #167

NotPaidToPost wrote: post #154

Earlier quoted context omitted.

This misses the point. You could also say that monetary union between the US states makes no sense economically. The point is that the people decided to have a political union and to belong to the same country, the USA. Monetary union follows. The aim is to have a federal union in Europe. In a way, going straight to monetary union is to 'force' further political union because they know full well that it requires it i…

The big mistake the EU made was assuming: (i) that monetary union would foster political union, and (ii) the people of Europe actually wanted political union in the first place. I don't think either are true. I think we more or less agree with each other, by the way. It's important that the political situation matches the economic situation. I just don't think you can use the economics to force the politics, if you s…