Former President of the European Bank speaks about New World Order *NEW*
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History teaches us that if Europe doesn't get its act together in the next few year
with a proper european goverment the whole european project will colapse.
Because if we don't move forward we will fall back.
And if we don't have one finance minister,
one budget, one economic policy, one social policy
euro itself will have no meaning
because the euro cannot exist without the single minded european discipline.
So the EU of tomorow must be completely integrated politically or will cease to exist
Exactly. Or each nation will revert to protectionism
and that is a threat to world growth
Either we are heading towards the world goverment or we are going to put national issues first.
This idea of world goverment will frighten many people
Indeed, that is only to be expected, because it seems like a fantasy
But there is already global authority in many areas.
In airline security, in fotball, in banking.
And even if it is hard to think of a european goverment at the moment
which is there, but very weak
Europe can at least press on it's experience to the world.
If we are not capable to creat economic framework alongside political framework in Europe
Then we will never going to do it on the global scale
And then the world economic model will break up and we will be back to the great depression.
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