Quote from Specterx:
Well I'd say this has much less to do with a "harmonized tax and social system" than it does with the fact that entities like Germany and the United States constitute genuine, organic national polities. The European Union is an artificial monstrosity imposed from the top, often against or at least irrespective of the wishes of its citizens. In recent years it's increasingly seemed to be little more than a vehicle for the 'parlor Bolshevik' political class to circumvent normal democratic accountability in pursuit of its socialist superstate wet-dream.
The "Euro-crisis" aspect of all this is really more about the exposure of these fundamental contradictions and political reality at odds with the Eurocrats' fantasies than any technical details of the system's construction. There is after all no fundamental reason why bankrupt countries can't be allowed to default, or why a default means they have to leave the EU, or why the Euro area can't just carry on as before if Greece, Spain, Italy et al do choose to leave - many countries are in the EU but not the Euro after all. The significance is entirely symbolic in that to allow any step backwards means admitting the socialist superstate dream won't come to fruition anytime soon. Bundling everything together and imagining these cataclysmic breakup scenarios is a Eurocrat propaganda trick, and the decision to throw so much good money after bad trying to prop up bankrupts is no different from a trader frantically averaging down into a losing position hoping desperately to regain BE.
