The difference between freedom and slavery is not the difference between being in chains or running around wherever you want. The difference is whether or not you get a say in the matter, it is about voting. Spain needs a bailout as will Italy and Ireland and Greece again. Germany and France have agreed to help; but, there is a price tag. The price tag is that the debts of all nations will be faced together and backed by Germany. In exchange nations would lose their right to make their own budgets, those would be decided in Brussels by other countries.
Germany is using the economic crisis in order to become the head of Europe. What they could not do through warfare they have achieved through peaceful means and much better intent; however, as one former German Prime Minister pointed out, it could mean the end to all of them. At a minimum, it means the end of true democracy for many Europeans. Imagine if the United States had to ask the United Nations if our budget was acceptable? The economic troubles in Europe are being used to force all of Europe to become a single nation politically, economically and socially without letting the people decide and vote on it themselves.
This is what the world will look like when all of the currencies fail, there will be a call for greater decision making by the United Nations (or the International Monetary Fund) over how much debt countries can have and what they will be limited to if they are bailed out (given even more debt).
The Guardian - Germany weighs up federal Europe plan to end debt crisis
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