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Old 09-12-2011, 14:13   #268
Osem
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Re: Eurozone will collapse...

Quote:
Originally Posted by nomadking View Post
The alternative is to let them keep spending like there's no tomorrow, whilst expecting others to pick up the tab. How is that democratic for those expected to pick up that tab?
Quite and for me that's just evidence that the EU cannot work unless all its member states give up control of their own destinies and accept what amounts to German control of their economies.

Obviously I hope a satisfactory resolution to these problems can be found but somehow, when the finer detail is being hammered out I can see a realisation dawning that savage cuts are going to be imposed on people in certain countries who haven't voted on the matter and can't do anything about it. It'll be interesting to see how they react when the day comes.
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