Saddleworth2
Well-Known Member
- Joined
- 27 Jan 2014
- Messages
- 21,924
I see that the EU are demonstrating their consistency - they never miss the opportunity to use a crisis to cement further their strategies of integration and the taking of more powers.
The recent exchanges about the fragility of the EU - as exposed by the links shared by @Saddleworth2 - are relevant when you consider how the EU commission's proposals could/will develop. It will only take one major beneficiary nation to drop out - Italy? - or conversely one benefactor to block the plans - Germany? and the fault lines will fracture.
Quite perverse really - the situation used to be the rich northern nations - particularly Germany benefitting from the poorer southern ones getting more and more bitter as they became further and further in debt to the northern banks.
Now the poorer nations will be lobbying for a higher and higher level of EU borrowing and for the funding to be distributed via grants rather than loans - and whilst recovery from the dreadful Covid-19 pandemic will be the justification - it will not be a one-off - in fact it cannot be.
The current situation seems to be reaching a point of explosion/implosion - and I suspect the tipping point will be reached at a future point when Germany and other northern nations block future proposals for borrowing levels. If the money is distributed in grants - why would the poorer nations ever reform? They are incapable of doing so anyway.
Thankfully/hopefully - and against all the odds when viewed from a few years ago - the UK will be able to observe from a relative and increasingly safe distance.
To use the recent sinking ship analogies - we could soon be grateful to be in a lifeboat, but I hope we break really free of EU controls so the equivalent becomes akin to the UK being in the safer position of being on board the Carpathia before the implosion happens.
This from Irish media:
"......Ms von der Leyen is planning an audacious bid for new powers as she seeks to put her institution at the centre of efforts to revive the European economy, asking member states for unprecedented latitude to raise funds in the markets. But the former German defence minister faces the central test of her short presidency as she seeks to bridge bitter splits within the EU over the plan."
https://www.irishtimes.com/business...e-an-existential-threat-in-covid-19-1.4256427
As Friedrich Nietzsche said “That which does not kill us, makes us stronger.”
That may apply to the EU.
If they can get through Coronavirus.......
I did say 'if' though.