Is Europe Lost?

It looks like the European Union is just a scam designed to exploit nations after stripping them of their sovereignty. I'm greatly encouraged by the massive protests and general strikes that have hit one nation after another in the wake of the banksters' "austerity" scam.

Unfortunately, it's hard to see any meaningful results. Frankly, I think it's all going to be a waste of time unless the peasants can OVERTHROW a European government. In other words, Europe needs to become part of the global revolution launched in Latin America, not just a place where people make a lot of noise.

I don't mean to trivialize or insult European protesters. I know they're trying hard, and they're probably twice as smart as the average U.S. citizen. They're up against not only their own governments but the European Union, even the U.S.

But Latin America is up against the U.S., too, and that didn't stop Hugo Chavez, Evo Morales and others from establishing their independence from the IMF, School of the Americas and all that other BS. The bad news is that the Latin American revolution itself remains endangered. We need a GLOBAL revolution, and it would help so much if just one European government was toppled.

Viva la revolution!

Just follow current events. National currencies have been replaced by the Euro. The European Union is dictating economic policies, and there's a clear pattern. After all, this austerity BS isn't affecting just one nation.

Many of the programs governments are shoving down the people's throats look an awful lot like corporate downsizing.

There's also a lot of funny stuff going on. For example, I believe at least a couple nations that have been forced to downsize are being pressured to purchase expensive military materials at the same time. Sounds just like the USA to me.

They're in serious trouble WITH the Euro...

There's no greater instability than that imposed by the plutocrats...the very ones who control the Euro. Read the book "Disaster Capitalism."

The EU and the Euro are in trouble because the systems are completely wrong!
The EU and the Euro are based on a financial system based on debt which will collapse about every 80 years.
Governments must not pay interests (= money moves from the society to the rich).

The EU needs to be redone fast!

I can see how great socialism is working out

Perhaps because of the EURO. If Eurpeans go back to their natrual currency they might come out of reccession.

The problem is not the EURO. The problem is the financial system based on debt. If Europeans go back to a national currency based on debt there is the same problem. Recession is caused by this financial system based on debt, and the complete collapse will follow worldwide. Maybe China and a few others can escape that collapse but for sure not Europe and the USA if there is no fast change of the system.

To what end?

German will do better if they are out of EURO.

The Euro was a big mistake. It was one of the reasons for reccesion.

It doesn't have anything to do with Euro. Corrupt politicians buying votes with loaned money is the problem. All they care is another term and more opportunity to stuff their bank accounts.

Europe's biggest problem is socialism. Pretty soon you run out of other people's money. That's why those who can are planning to leave France with their new 75% tax rate. Once they and their money are gone, watch France become Greece.

The whole of Europe is on the edge of financial collapse. The Euro always has been an artificial fiat currency.
Simple as that. What backs the Euro?

The latest GFC started in the USA as have all the other depression. Despite what you think the USA has never had Socialism.
The problem in Europe is that no single country backs the Euro. No country can go bankrupt because the government potentially owns alk the assets of the country. But with the Euro no country assets back it up.

Barack Obama asks eurozone to keep Greece in until after election day

Cruella, this is not "socialism". These European countries just have a very secure safety net for people, unlike the USA.
Their current economic problems aren't the result of this alleged socialism . The problem in the USA is that we have the exact opposite
of socialism or Marxism, where if you're down on your luck, you're basically screwed . And if Romney and Ryan are elected
this November, they're going to do everything in their power to dismantle and destroy our already inadequate safety net for
people down on their luck, and this will be disastrous .
Just giving all the tax breaks to the wealthy won't create jobs or increase general prosperity in America . Conservatives in
America are terrified that Obama is trying to "redistribute wealth" . But heck, the republican party has been doing this for ages.
But as reverse Robin Hoods, staealing from the poor and the middle class to give to those already rich .
So what do we have in the uSA? A tiny handful of superrich people and millions of Americans out of work through no fault of their own,
struggling to keep their heads above water, people who have been stuck on welfare for ages and are unable to find good jobs ,
and overall misery . Think I'm a Marxist or communist ? Heck,no ! I believe in capitalism and free markets, but also in a FAIR market .