One other thing that bugs me is that I see no way the Eurozone will ever recover the colossal costs of changing from the previous national currencies: they were talking about breaking even within a decade or so, but I bet that by 2015 or so, I'll be able to walk into a newsagent in Hyderabad and have the point of sale terminal show a price in Pounds Sterling, making the whole point moot.
In the process, of course, they've destroyed an important aspect of nations' individual identities. Personally, I think the whole exercise had more to do with federalist hubris than practicality.
Oh — and take a look sometime at what happens to all the tobacco the CAP subsidises farmers to grow.
So far, just about the only upside I've seen for greater European integration is that it would mean less integration with the USA. With a centralised European foreign policy, we'd almost certainly not have ended up involved in the Iraq fiasco.
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ewx
(no subject)
Date: 2004-12-17 11:28 am (UTC)One other thing that bugs me is that I see no way the Eurozone will ever recover the colossal costs of changing from the previous national currencies: they were talking about breaking even within a decade or so, but I bet that by 2015 or so, I'll be able to walk into a newsagent in Hyderabad and have the point of sale terminal show a price in Pounds Sterling, making the whole point moot.
In the process, of course, they've destroyed an important aspect of nations' individual identities. Personally, I think the whole exercise had more to do with federalist hubris than practicality.
Oh — and take a look sometime at what happens to all the tobacco the CAP subsidises farmers to grow.
So far, just about the only upside I've seen for greater European integration is that it would mean less integration with the USA. With a centralised European foreign policy, we'd almost certainly not have ended up involved in the Iraq fiasco.