Friday, December 2, 2011

The Eurozone an Empire?

In the BBC news this morning 16th August : 'German Chancellor Angela Merkel is meeting French President Nicolas Sarkozy later to discuss how best to tackle the eurozone debt crisis.


Both leaders, along with the European Central Bank, are putting pressure on so-called peripheral economies to extend austerity measures to try to balance their budgets.'


Surely this proves the EU's Eurozone is a Franco-German Empire?|||it is an empire, an exclusively German empire, french economy is like a satellite to the German rich and strong economy.|||No, it's just that France and Germany are the Eurozone's two major economies - Germany (and France, to some degree) is effectively supporting the whole Eurozone and so it needs to make sure that the Eurozone suits it, or the Euro will risk collapsing.|||The United States is the world's military empire. The Eurozone debt crisis is symptomatic of flawed economic systems. Please read, "End the Fed" by Ron Paul for a detailed explanation.|||They had no reason to meet Mr. Cameron. The people of his country don't want to be in the Eurozone. So, the EU can't look like it would be a Franco-British-German Empire, sorry.

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