Observers of the political scene in the European Union have noticed from day one that the large-scale harmonization project at all levels is above all an attempt at a large-scale centralization of political competences and the control of economic processes. The flood of legislation and regulations pouring out of Brussels over the states of the European Union speaks volumes here and serves as evidence for this thesis.
The EU, the peace project proclaimed with verve, has long since mutated into a bureaucratic paradise, which in its essence supports above all those efforts aimed at growing state budgets, increasing state influence on the economy and monitoring citizens. Only the citizen who is dependent on the clutches of the state, its bureaucracy and its sprawling social system (truly, he has lost everything promethean) is still a good citizen! The example of France shows very clearly where this leads: even in apparently economically calm times, government deficits are getting out of hand. Who, if not the European Central Bank, would be ready to monetize this flood of government bonds and new debt? It is the congenial counterpart in the socialist ping-pong of the eurozone socialists.
The data shown here in graphical form are the result of a relatively calm economic period. What happens when the demographics tilt, when the eurozone falls into a deep recession and tax revenues collapse? The political leadership of the Eurocentrists has no answers to these crucial questions, they are looking to ensure that the flow of money from the ECB Tower in Frankfurt does not dry up and the party can go on.