Monday, March 30, 2009

Wither the EU

The European Union (EU) is an anachronism in a world adjusting to a new paradigm - a paradigm of fracturing of the big into small constituents. The forefathers of the EU did not realise that the EU could only come about because of the past prosperity of its member countries.

It's a common mistake of humankind to frame future actions based on recent past outcomes. One hundred to two hundred years is still recent; to define real patterns, you must go back to one thousand to two thousand years. Had the present leaders been aware of the unfolding pattern, they would have ditched both the EU and the euro. In the meantime, the EU member states would have to endure many gut-wrenching moments while their leaders go about clueless looking for solutions to their economic travails.

Only one solution is clear - BREAK UP THE EU AND DITCH THE EURO.

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