Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.

What will happen Monday?

The greatest exodus of capital and people ever seen in Europe   1 vote - 8 %
The freeing of Europe from the shackles of Austerity   1 vote - 8 %
Status Quo - no solution or end for the crisis   10 votes - 83 %
Can I select more than one?   0 votes - 0 %
12 Total Votes
I hope the title makes sense. My German is close to null...

by Luis de Sousa (luis[dot]de[dot]sousa[at]protonmail[dot]ch) on Fri Jun 15th, 2012 at 05:31:38 PM EST
I just quibble that the specific proposals Merkel and Schäuble are bringing in terms of fedeal Europe are nothing like federal Germany: no federal government with a significant budget of its own that is elected by and responsible to a federal parliament, no transfers from richer to poorer states, instead undemocratic control of national budgets and a US-style elected President.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Sat Jun 16th, 2012 at 07:42:58 AM EST
[ Parent ]
Vereinigte Staaten von Europa is also a common term.

That said , I don't see any proposal for a true federal state either.

by IM on Sat Jun 16th, 2012 at 10:32:25 AM EST
[ Parent ]
thanks for this, those figures about structural deficit were unknown to me and were very revealing.

As for energy, none of our polticians seem to be able to wrap their heads around the fact that we're never going back to cheap liquid fuel and the free market will not provide; government has to step in and they have to lead. The very thing they have been avoiding for 4 decades.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Mon Jun 18th, 2012 at 01:00:00 PM EST
"Structural" is Economist for "made up to fit my preconceived agenda."

See, e.g., "structural unemployment," "structural deficit," "structural reform."

If you want to meaningfully speak of a structural deficit, you would speak of the deficit at full employment. But that's not what they do. They speak of the deficit at the "structural" rate of unemployment, which is a total nonsense.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Mon Jun 18th, 2012 at 01:22:47 PM EST
[ Parent ]
Thanks, Luis. I'm slowly getting caught up on the problems after a blessed, head-in-the-sand hiatus, and this has helped.

'tis strange I should be old and neither wise nor valiant. From "The Maid's Tragedy" by Beaumont & Fletcher
by Wife of Bath (kareninaustin at g mail dot com) on Sat Jun 23rd, 2012 at 12:37:22 AM EST

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