Wednesday, October 26, 2016

"The fundamental problem with the EU these days is that it needs a federal state structure simply in order to exert its basic functions. The EU 28 is a dysfunctional mess in virtually everything it does. The eurozone is stuck in a perma-crisis. The EU is pathetically weak towards Vladimir Putin, the Russian president, and largely absent in Syria. Now we know that it cannot even do trade deals.
My overall conclusion is that the next phase of European integration — which will happen eventually — will have to be preceded by a period of disintegration. Brexit was only the start." — Wolfgang Münchau, the Financial Times

After creating such a crisis and plunder, that is probably how neo-liberal EU will restructure itself, but with more plunder  (privatisation and robbery), more attack on the living standard of the workers, more nationalism and xenophobia at home and abroad.

I think Stratfor.com analysis regarding the future of the EU is more sound than the above one. There will be more disintegration, but with emerging power blocks rather than complete disintegration.

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