WHY THE EUROPEAN UNION WILL FALL
The initial rationale for the European Union (EU) was to establish a unified body that could compete, or at least endure, growing global developments in China, Brazil, India, Russia and the USA. It made business sense. But, then it lost direction and became an over inflated, expensive and anti capitalist enterprise aiming towards the spread of wealth throughout Europe. The reason for this is simple: Communists.
Prior to the fall of Communism, there were plenty of die hard socialists and communists in Europe who had successfully implemented wide ranging and generous social programmes paid for by high taxes (the highest in the world). Pension age was lowered, the work week was cut, health, social and housing was free or largely subsidized, and borders were open in order to promote openness, multicultural diversity, and free movement. With the fall of Communism, these socialists adopted a new project towards the same aim. The European Union.
These individuals represent the opposite of capitalism. Since the establishment of the EU their actions have less to do with the original aim and more to do with socialism. Liberal, intellectual, naïve, and misguided “do gooders” argued that all Europeans must be equal in order to become a unified entity .Their decisions will lead to the collapse of the EU.
1. Disparity in salaries and fees must be equalised. A dentist in Spain was charging less and making less than a comparable dentist in Germany. The EU action was to raise the standard, fees, and salaries of dentists in Spain. A business decision would be according to supply and demand. In other words, German dentists would eventually reduce their fees and accept less profit.
2. Pension age and work conditions were more generous in France than in Portugal. EU decision: reduce retirement age in Portugal and reduce the work week. Business: the opposite.
3. Disparity in cultural amenities and institutions within Europe. EU decision: build, borrow, tax, and build. Business decision: reduce reliance on public funds for this and encourage private charities and funding.
4. Over fishing of the seas: EU decision: talk, talk, and talk. Business: allow prices to shoot up so that fewer people will buy fish. Meanwhile limit fishing (despite expected strikes) for a moratorium period until fish populations become sustainable. In the long run: more fish and lower prices.
5. Influx of poor, uneducated immigrants from the third world. EU decision: open borders, detention camps, resentment and loss of European values. Business: limit immigration to those who can contribute to the EU wealth.
6. Wealthy people relocating outside of the EU. EU decision: nothing. Business: encourage investment with tax relief and facilitating development by reducing bureaucracy.
7. Import of cheap goods from China. EU decision: Pressure EU to purchase EU manufactured goods, which meant higher prices, less competition and inability of EU to sell goods globally. Business: TAX imports from manufacturers that do not treat employees and the environment at reasonable level, while encouraging EU manufacturers to be more competitive in their practices instead of compensating them financially (like is done with EU farmers, etc).
8. Lack or competitive spirit and drive by EU business. EU decision: nothing. Business: sink or swim.
9. Expensive health, housing, social care. EU decision: keep giving and print more money. Business: ensure FUNDAMENTAL care, but nothing more. Not everyone will have the resources to buy luxury items, but nobody will starve, go cold in the winter, or be unable to educate their children.
10. Inefficiency in taxation by countries and individuals: EU decision: complain and offer more time and loans. Business decision: enforce taxation, demand that countries apply what they have agreed to implement, and accept that countries that do not profit will have less to tax and therefore fewer resources.
Until the EU adopts a more business approach to these matters, it will struggle. The EU might not disappear, but will gradually become less relevant, powerful, and meaningful.
There is not a single communist country in the world. Former communists have long abandoned their naïve ideas and adopted a very aggressive capitalist agenda. Look at China, Russia, etc.
WAKE UP EUROPE AND GET REAL!