Tuesday, May 08, 2012

Changes Ahead for Europe?

Greece and France recently elected new governments.  The new media report that this change in governments reflects the Greek and French people's dislike for austerity measures as dictated by the European Union.  Political forecasters are speaking doom-and-gloom about the repercussions, both to the European Union and the Euro zone (as well as the world economy).  What I see is the crumbling of the foundation of the EU.  The EU was built upon the Euro zone economy as its foundation; without a strong and cohesive single economic union, the political union falls.  I haven't done enough research to know what the newly elected governments stand for (do politicians in a democracy ever really stand for anything other than staying in power?), but I do know this:  I am happy to see the slow decay of the EU!

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