Sunday, December 11, 2011

A requiem for European Union in need of intervention - The Globe and Mail

See, I was right! OK, that is not quite modest is it. But, for those of you who still might think that isolation is inherently a bad thing ... the Euro Zone is on its 15th crisis summit in the last two years, at least according to this Globe story:

A requiem for European Union in need of intervention - The Globe and Mail

To be clear, I am not arguing that one should always avoid integration. I'm arguing that integration (or, regional trading and currency blocs) are not inherently, in and of themselves, good things. To me, perpetual crisis is not a positive.
Enhanced by Zemanta

No comments:

Revisiting Saudi Arabia or What Price Your Ethics?

This is not an "I told you so" post, but it is an issue that I think needs to be periodically revisited because its implications a...