Gerispringer to Joelsnan: "your assertion that there is simmering unrest in the whole of Europe, when there is little evidence of this."
To state "there is little evidence" of simmering unrest in the whole of Europe prompted me to look on line at the massive economic and social unrest throughout the EEA.
This is something that you can check out for yourself. High unemployment, unrest through stresses on infrastructures because of mass migration, not only within the freedom of movement EEA ,but due to the movement of people from war zones into the EEA.
Whatever the moral stance one has on economic migration from country to country, or the sanctuary offered to those in need, the consequences are that the pressure on housing, education, medical care, and infrastructures are overloaded with volumes of people for whom there is little, or no opportunity to escape poverty brought on by lack of all the essential needs that must be in place to do so.
These 'ghettos" become breeding ground of discontent and hopelessness for citizens and migrant/immigrants alike. This is the reality of much of the EEA at this time. The inability to adjust quickly as a member of the EU/EEA to any economic or social crisis has political knock of effects to individual Country's.
Bill Lee is president of the Customer Reference Forum, Executive Director of the Summit on Customer Engagement, and author of The Hidden Wealth of Customers: Realizing the Untapped Value of Your Most Important Asset (HBR Press, June 2012). He says:
"The lofty purposes the EU originally set for itself included: to give Europeans the convenience of one currency, to enhance mutual prosperity, and to reduce political tensions after centuries of animosity and war.
We’ve seen how mutual prosperity is coming along. As for political tensions, a system whose officials are responsible for the region’s faltering economies but who are not accountable to the tens of millions of unemployed people in them, is obviously exacerbating those tensions rather than alleviating them.
Moreover, by giving up their national currencies, member countries who experience wage inflation can no longer temporarily deflate their currencies to make their exports more attractive.
Those that fall into an economic slowdown or recession can’t “print money” to finance their safety nets for people who are unemployed or who face extreme poverty. Having your own currency may not be such a bad idea after all. Fears that the use of such tools will lead to runaway inflation and interest rates have proven completely unfounded.
Meanwhile the costs and risks of the EU system are enormous. To take just one example, fiscal debt or banking problems in tiny countries like Greece and Cyprus have touched off major crises for the EU."
Bill Lee is president of the Customer Reference Forum, Executive Director of the Summit on Customer Engagement, and author of The Hidden Wealth of Customers: Realizing the Untapped Value of Your Most Important Asset (HBR Press, June 2012).
You might like to read the whole thing on:
hbr.org/2013/06/the-european-union-a-failed-ex