The Dutch government will fall unless the crisis is solved. So will the Italian government. So will the entire EU, according to Alan Greenspan. "At the outset of the creation of the euro in 1999," Greenspan said, "it was expected that the southern eurozone economies would behave like those in the north; the Italians would behave like Germans. They didn't. Instead, northern Europe fell into subsidizing southern Europe's excess consumption, that is, its current account deficits." In short, said Greenspan, the countries comprising the EU are incompatible. "The effect of the divergent cultures in the eurozone has been grossly underestimated."
Lennon's one-world concept was a communist one. "Imagine no possessions / I wonder if you can / No need for greed or hunger / A brotherhood of man / Imagine all the people / Sharing all the world." Lennon got his wish in soft form in the creation of the European Union. The result: class warfare in the extreme -- a racial powder keg ready to blow -- and full-scale bankruptcy. Now the EU will revert to what it has always been: a loose agglomeration of nations, often in conflict with one another. That's the way the world works. That's the way the world will always work. And that is not a bad thing. Better that some nations stand for individualism, freedom and entrepreneurialism than that we all stand for redistributionism and the spineless multiculturalism that results in destruction of standards.