The European Union is setup for yet another series of Defaults.
After the Cypress Test, the Greek Crisis and Italy, France, Spain and all members of this dysfunctional Union.
It can hardly be referred to as Economic as it remains the most dysfunctional series of entanglements ever created.
Nationalism - is gaining traction once again, having failed miserably to find harmony.
Incompatibility - Centuries of Mistrust has reemerged in varying forms. Different Economies, Different Cultures, the twain has not met and nor will it.
Merkel, a Former Communist turned "Social Democrat" failed to impose her brand of Austerity upon other Members - The BIS asked her to exit stage left.
The European Parliament has been side stepped since Day One. Useless series of attempts to reign in their Sovereignty - Democracy failed within the European Union.
A bureaucracy with no accountability - None. Perhaps the most wasteful nascent form of insidious "Devil May Care" attitude in recorded History.
Structure - Glacial Policy implementations - Wandering Bishops unable to preside over Crisis after Crisis. Lack of Unity, Decision process as Glacial as Policy.
Absorption of Eastern Europe - Oil meet Water. Authoritarianism never goes quietly into the night.
Convergence of Economic Interest - The wide ability to Tax and Spend. Yeah, Naw it failed.
Germany - Unacceptable Dominatrix. Sieg Heil, Without the a Big Smile. Cooperation was never intended, Members declined to be dominated by their Mistress.
CONsensus - Yeah, Naw, Never happened.
Labor migration within the EU created immense arbitrage and Social Distrust.
Protectionism - Let those other Nations "Eat Cake" we'll protect our own.
NATO vs. Russia - Protecting as Deals are being made... A waste of Money which leaves the inability to pay, a non-issue. Peace preferred with Mamayev Kurgan is recognized as far more effective, not to mention the energy Indpendence.
OSFA - Again - Yeah, Naw as OzzyMan would suggest - One Size Does Not Fit All.
A dozen or more reasons the 6E is doomed to the dustbin of History.
LaGarde is quickly moving to provide a BIS Solution in the form of Digi _______
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