President Bush talked about a American Union with Canada, and Mexico, with one currency to combat the Euro, i m kinda glad that did not happen.
they should just make an agreement.. USA can take all of north america. Brazil can take all of south america. Russia can take back its satellite countries in the east. China can take over the entire asia. French could take entire euro. Africa.. well africa is africa.
Every time Canada elects Conservative we become the 51st state, you wouldn't really need to add us in.
drunk monkey bush or cowboy bush? apart from that, what such paid "conspiracy theorists" call new world order is actually our current world order. its a double glitch, how can one not see it? fnord
Current (dying) EU is based on socialism for most countries and wannabe empire building for Germans. Socialism as you probably found out already: a) bankrupts b) leads to national socialism (no, not killing Jews or anything that was just one kind of national socialism) Why do you think that Germans were bullshiting about Lebensraum? It's because nationally socialistic country doesn't want to trade with anyone. To get any kind of resources it has to digest territory around it. Instead tariffs, trade restrictions, protectionism as idiocy they went further ahead into the insanity. All that EU should be is zone of free transfer of: a) goods b) services c) people It also shouldn't impose any fucking tariffs on things from outside. I'm quite sure that EU officials regularly are bribed by specific sectors to impose tariffs to have these sectors live at the cost of all other sectors. Bribing can be done traditionally with money or indirectly with votes. One good example (not tariff related but still) was Barroso on a yacht of some guy about whose company he decided 5 days later. For instance carbon road bike costs $400. Transport to EU costs $100. Tariff costs $500 and instead of bike for $500 you can get one for $1000 because some cocksucker made a deal with EU official to impose "antidumping" tariff. There's absolutely no need for a shared currency. It was political project trying to deny reality. Let's assume that fractional reserve + fiat currency makes any kind of sense. Add democracy that causes constant budget deficits (one who does most social handouts wins) and you get situation where everyone is debtor of everyone else. Money was lent, wasted and it's gone. There's no denying it anymore. Banks, countries in debt and taxpayers of lender nations will see effects of that waste sooner or later. The irony of all that is that fiat currency in euro case is practically a mutation of gold standard. Greece can't print a single euro. It can beg others to lend them or go bankrupt. Begging works so far because Sarkozy wants to get reelected. Poland had exactly the same problem as Greece 20 years ago. Debt was reduced to 15-30% of amount lent, similar amount will be collected from Greece in the future. There's also 1 technical detail between US dollar system and euro system. Euro has weird compensation mechanism for transfer of euros between banks in for example Greece and Germany. If more money goes into German banks then ECB compensates that in weird and harmful way. US has none of that. Other than that technical detail euro could be most stable currency since at least 40 years (if it really were the case that politicians won't make ECB print money).
Greece was using a lot of these subsidies and look where it is. Subsidies (money for free) demoralize. There's lot of racism/discrimination bullshit flying around but that kind of thinking assumes that poorer nations can't provide goods/services that others would want to buy. And if anyone has trouble seeing that happening then look at China, South Korea, Japan, Vietnam when they were/are developing.
says you who lives in a country that has growth because of substidies. in 2004 substities for the former weak southern eu states got less and a lot of money got pumped into the east. oddly enough, those states now have to face downgrades. how unpredictable ...
I still don't get why currencies can have a differing value, you'd think that the most basic form of measuring worth of something would at least have a constant value.
Because the cost of living varies in different countries, and having a different valued currency affects exports and imports.
I agree with MOOtant for the most part, but the subsidies are varied. Some work, some are ridiculous. The fishing subsidies for example are diabolical. They're paid to countries which have no fishing industry, and have caused huge overfishing. But honestly, farming subsidies are what stops farmers in the UK all going bankrupt. But there must be a better way of sorting that out without the way the subsidies currently work. And besides Flasche, you're doing it again. Just because MOOtant is Polish and Poland has benefited, doesn't mean he can't be against them, just like because I'm British I don't automatically want out of the European Union. Either way, for the most part, MOOtant knows what he's talking about, and he's absolutely fucking right on it. Also Flasche, I got rid of the 3 posts after this seeing as they got messed up.
I know. Someone estimated that around $100B went into Poland during last 4 years: subsidies, demand from countries that are highly in debt and loans for minimum amount of your own cash for subsidized infrastructure. During 4 year government managed to go $100B in debt and won the elections. They had to do a lot of creative accounting not to hit constitutional debt limit before the elections. For instance for 2011 Polish debt to GDP hit 54.9% where constitutional limits are 55% and 60%. If all that money had been earned I'd be a lot more confident about state of local things, atm projection is to be next Greece.
EU wants to rule over all of europe with dictatorship... but does not want africa to form united states of africa (probably under dictatorship as well)
Also most currencies are arbitrary units of value, like france used to measure things in metres while britain measured in feet, at some point people just have to say 'this much distance is called a foot' or 'this much stuff is worth a dollar'. I mean the metric system of measuring is a little less arbitrary because many of the measurements actually are defined in terms of scientific constants nowadays, but which constant you use to base your measuring system on would still be arbitrary, so even if you defined your dollar as 'the amount of solid silver required to fatally posion one average adult human' or something there's no guarantee any other country would consider that a good way to demarcate currency units. And the exchange value of that amount of silver would also fluctuate, as more silver is mined and it becomes a more common commodity. Once upon a time, aluminium was one of the most rare and valuable materials in the world for its wonderous lightness and resistance to corrosion. Then electrolysis and cryolite were invented, and people now make cans out of it.
