Why the Italian Constitutional Referendum affects the future of the EU – CapX

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Will Truman

Will Truman is the Editor-in-Chief of Ordinary Times. He is also on Twitter.

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3 Responses

  1. Avatar Damon says:

    One wonders if the EU in it’s present form will exist in a decade.Report

    • Avatar North in reply to Damon says:

      Doubtful. The current incarnation is far too tilted in favor of the economic heavy hitters. Now that they aren’t using dubious lending to prop up the periphery anymore at some point those states/peoples are going to ask what the fish they’re getting out of the arrangement.

      Either the EU moves towards more consolidation with some kinds of formal financial transfers from the strong economic regions to the weaker ones or it’ll come apart. Either way it won’t remain in its present form.Report

    • Avatar Kimmi in reply to Damon says:

      The 4th Reich, you mean?Report