-:Undertaker:-
18-05-2014, 02:19 AM
http://www.telegraph.co.uk/finance/newsbysector/industry/defence/10838685/Ken-Rogoff-calls-for-European-Union-army.html
Ken Rogoff calls for European Union army
Former IMF chief economist says EU should strive to become more like a single country
http://i.telegraph.co.uk/multimedia/archive/02914/kenrogoff_2914595b.jpg
Mr Rogoff has described the euro as a 'giant historic mistake'
The European Union must pull closer together and establish a strong military presence, so it can act as a “moral anchor” to the United States, the economist Kenneth Rogoff has warned.
Speaking ahead of next week’s European elections, Mr Rogoff, a former chief economist of the International Monetary Fund, said the EU should strive to become more “like a single country”.
Closer integration would help Europe survive another financial disaster, such as a dramatic slowdown of the Chinese economy, but would also help to keep the existing super powers in check.
“For the sake of the world we need Europe to integrate, to counterbalance the United States, to be able to step in in geopolitical terms,” he told The Telegraph. “You can’t just depend on the US to do everything, especially as China rises, as Russia rises.”
He also argued that the EU needed its own military capability, adding: “The events in the Ukraine are kind of frightening from that point of view.”
Earlier this year, Mr Rogoff described the establishment of the euro as a “giant historic mistake”, arguing that the EU should have waited until it forged closer political and cultural ties.
However, he now believes that the experiment is too hard to unravel.
He added: “It would be a very good investment of German taxpayers’ money to write down debt in the periphery countries. There are a lot of ways to do it. You can be very opaque about it. The taxpayers don’t ever need to know it happened.
Mr Rogoff, who now teaches economics and public policy at Harvard, added: “By becoming more integrated, Europe has more weight in the world, and that is a good thing for everyone."
Hey Rogoff, take a running jump.
Here's my question though and I think we already know the answer to it: if an EU army is to be formed; will the peoples of Europe get to say whether the want an EU army or will they be denied a say just as they were denied a say the last time a great EU idea came along, ie the Euro?
You know, the time is fast approaching where it seems to me that these people are absolutely hellbent on ignoring the public and will push on with this crazed project as they see fit. And as I have stated before on other topics, that once the avenues and channels of democracy become closed then the people will and have every right to use violence.
We are not there yet, but something tells me that these crackpots are determined to take us there.
Thoughts?
Ken Rogoff calls for European Union army
Former IMF chief economist says EU should strive to become more like a single country
http://i.telegraph.co.uk/multimedia/archive/02914/kenrogoff_2914595b.jpg
Mr Rogoff has described the euro as a 'giant historic mistake'
The European Union must pull closer together and establish a strong military presence, so it can act as a “moral anchor” to the United States, the economist Kenneth Rogoff has warned.
Speaking ahead of next week’s European elections, Mr Rogoff, a former chief economist of the International Monetary Fund, said the EU should strive to become more “like a single country”.
Closer integration would help Europe survive another financial disaster, such as a dramatic slowdown of the Chinese economy, but would also help to keep the existing super powers in check.
“For the sake of the world we need Europe to integrate, to counterbalance the United States, to be able to step in in geopolitical terms,” he told The Telegraph. “You can’t just depend on the US to do everything, especially as China rises, as Russia rises.”
He also argued that the EU needed its own military capability, adding: “The events in the Ukraine are kind of frightening from that point of view.”
Earlier this year, Mr Rogoff described the establishment of the euro as a “giant historic mistake”, arguing that the EU should have waited until it forged closer political and cultural ties.
However, he now believes that the experiment is too hard to unravel.
He added: “It would be a very good investment of German taxpayers’ money to write down debt in the periphery countries. There are a lot of ways to do it. You can be very opaque about it. The taxpayers don’t ever need to know it happened.
Mr Rogoff, who now teaches economics and public policy at Harvard, added: “By becoming more integrated, Europe has more weight in the world, and that is a good thing for everyone."
Hey Rogoff, take a running jump.
Here's my question though and I think we already know the answer to it: if an EU army is to be formed; will the peoples of Europe get to say whether the want an EU army or will they be denied a say just as they were denied a say the last time a great EU idea came along, ie the Euro?
You know, the time is fast approaching where it seems to me that these people are absolutely hellbent on ignoring the public and will push on with this crazed project as they see fit. And as I have stated before on other topics, that once the avenues and channels of democracy become closed then the people will and have every right to use violence.
We are not there yet, but something tells me that these crackpots are determined to take us there.
Thoughts?