Everyone comes to the foregone conclusion that the European project was a failure from its inception. Yet what most people don’t see, and oft repeated (see also HERE), is that it was intentionally designed to fail. Once ‘all hell breaks loose’ the government is right there to hand you the predetermined solution to provide the desired outcome in society they had long hoped for. In this case, a European superstate, or The United States of Europe with Germany and its Fourth Reich at the helm.
The eminent collapse of the Euro was pre-determined by the disastrous design from the outset. Instead of accepting responsibility and altering the mistakes that would require political reform, we are in a position where Europe is simply moving into the realm of beyond all hope.
From the outset, they sent the commission to our World Economic Conference in London back in 1997. They took the entire back row of both aisles. I laid out the problems and explained that ONE SIZE DOES NOT FIT ALL. I warned that the only way to create a world currency required the consolidation of member states’ national debts into a new European National Debt. I was told they did not think the voters would accept that and they were going to introduce the currency first and then look at that for Phase II. Of course, Phase II never came.
Now European leaders have figure this out that they now want a weaker euro to bailout the economy. This begins the currency wars that will be fostered in the post-2015.75 era. European politicians are also waking up to the fact that they cannot continue to return to the voters time and time again to package another bailout.
Full article: Delusional Demise of the Euro – It’s A Plan Now (Armstrong Economics)