'Euro - the EU's suitcase without a handle'

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Uploaded by on Dec 25, 2011

With the Eurozone's uncertain future, and EU leaders struggling to solve their economic woes, we look at whether the efforts of the bloc countries are actually offering any relief. British MEP Daniel Hannan says EU leaders cant' admit euro a failure because of political shame factor.

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  • Thank you RT for keeping an American up to speed on world affairs. Can't find real news easily over here.

  • Daniel Hannan= Ron Paul of England

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All Comments (92)

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  • @ashleylovesdaddy If you get your primary news from RT you are a fuckin idiot.

  • @uzimodem

    Please God!

  • @fakemadereal LOL Well The United States is a union. Of course it is one started of the voluntary union of the 13 original colonies and then the territories that were made states. Yet that isn't like forcing a union of long historied independent world power nation states though. These EU socialists want to nationalize the nations of Europe into EU parliament run collectivism and control. They don't bother with referendums or democracy like the United States.

  • Union nations don't seem to last long. European Union, Soviet Union........ Are there any other nations with "Union" countries?

  • the EU is over. finished.

  • @ChineseAtheist

    a) I'm not saying it's a friendly thing to do, but it wouldn't hurt that country's economy if the state hadn't borrowed too much. Nor is it forbidden to do so.

    b) Centralisation is not unique to communism. All forms of collectivism, and especially the explicitly statist forms (socialism and fascism/corporatism, the latter is what we have here), centralise power and intervene in the economy. There hasn't been any deregulation in the EU, on the contrary.

  • @ChineseAtheist i just mean if that they would rather see hardship with the euro and live in this euro war than admit it was a bad idea. Maybe im wrong but i hear alot of people from all over the world complaining about it and there countries seem to be worse.

  • a) It is basic knowledge, that doubting the capability of debt repayment is considered an unfriendly act and could actual hurt an economy.

    b) Centralized intervention? That is only a general slogan abstracted from criticism on communism. The last European decade is not famours for intervention, but deregulation and a power shift from states to financial markets/capitalists. (I have hold key positions changing "communist" structures into modern capitalist companies, but understand the limits)

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