A
new Eurozone leadership has emerged. Das Frankfurt
Group,
is
named after the city housing the European Central Bank and the
location for its first meeting. It also has the bizarre trappings of
a Chosen Few or Euro Angels secret chapter. Democracy doesn't live
there anymore. Well, just until the crisis is over, if ever, or the
people revolt, if ever.
French
president Nicolas Sarkozy speaks of a confederate group of nations
living beside a league of inner core Eurozone Federalists.
......”The
truth is that we need to establish exactly the list of those who
don't want to be part of the club and those who simply cannot be
part." he said speaking
to students in Strasbourg on Tuesday 8th
Nov 2011.
Referring to the
further enlargement of the EU, he said: "There are 27 of us.
"Clearly, down the line... there will be 32, 33, 34 of us.
No-one thinks that federalism, total integration, will be possible
with 33, 34, or 35 states."
"Clearly,"
he added, "there will be a two-speed Europe: one speed that
moves toward more integration in the Eurozone and one speed for a
confederation in the EU."
DasGrup Frankfurt, a poster at Frankfurt train station points towards KaiserStrasse and the route to the ECB. 2011 |
But
clearly, Commissioner Barroso is not in agreement and replied this
week, “A
split union, he said, will not work. Neither a union with an
integrated core but a disengaged periphery; nor a union dominated by
an unhealthy balance of power.”
A
British from across the channel was dismayed ““I despair of the
way in which EU leaders are constantly behind events. I do not think
enough people realise how serious this crisis is, and how hard it is
going to hit us. This is far worse than the banking crisis of 2008 in
its seriousness and, if it is not solved by Christmas, I think the
whole of the Eurozone will break up.”
And
the Saxon Queen, who is the most powerful in the Frankfurt group
commented this very same week in
Berlin, “the situation in Europe has become unpleasant. It is time
for a breakthrough to a new Europe. That will mean more Europe, not
less Europe."
But
it maybe very plausible for this French suggestion to actually work
beyond the legal mess which will engulf it. Options are fast fading
as power houses Italy, Spain and soon Belgium and France get cornered
by the bonders.
In
the mid eighties China's Deng Xiaoping took a great gamble. As a
communist country with designs to unite democratic periphery
territories, Deng introduced a one
country, two systems policy.
(Communism & Capitalism working side by side). Whereas the
objectives for China at that time were political, judicial as well as
financial, there are some similarities to Europe's present dilemma.
When
the dust settles on this crisis Europe will look very different.
One possible picture is a group of Confederate nations to include
France herself as leader with the UK, possibly the southern part of
Italy and those emerging from the meltdown. A two speed alliance
working alongside the inner Eurozone core managed by Germania Magna,
Netherlands, Sweden, Denmark with a number of European Union Capital
cities also tied to the Euro. Athens, Lisbon, Prague or Rome could be
using the Euro while surrounding country sides could use the local
currency.
The
Confederate Nations of Europe should be able to survive politically
with its partners, compete economically using two currencies and
develop Art of Superstate Part IV. Vive
l'art de l'etat-super