We hear that the bells are tolling in
Europe for the end of the Euro
Well, they are tolling just for the end of this particular iteration.
Ruled by emperors and or dictators
Europe has been one big mass, then a bunch of
little bits and back again to one big piece.
In this turn
Europe formed an economic union. All one monetary system,
no papers needed to cross borders. A person could ideally work in Spain or if they chose to. However
by agreeing to being part of the Belgium Union, a
country gave up it's ability to print money. But they kept their leadership,
tax system and legislative business.
And that's part of the problem, it's not the only one. I am far from being an economic expert.
To make the European Union work, it needs to handle the taxes for every country and have some sort of purview over each respective member's budget.
Governing, immigration, local and national issues are still managed by each country's government. And they can still spend the money the way their people want, it just has to balance out.
may end up like The Holy Roman Empire, but just like it says in the history
books "neither Roman or Holy" but a system that might work better.