Europe has deeply into a debt crisis. If you ask Europeans what is most needed, the answer is to strengthen the EU aid mechanism. EU's point of view, it is actually the current global mainstream. However, in my opinion, this view Wholesale Drag Finishing Machine Factory was wrong.In the debt crisis spread to the general situation of the European Union, the European Union a tendon twist in the end, the rescue attempt to establish a permanent mechanism to address all of its debt problems. December 17, leaders of EU member states decided to establish a permanent rescue mechanism.
So far, the EU aid mechanism to be considered extreme. The program involves the "Lisbon Treaty", the EU and Member States if approved by Parliament, and that even if the EU is completely tied to a board of.Since the EU countries were tied to a boat, the permanent relief mechanism can revive the troubled state it? The answer is no. First, this relief mechanism is to allow the loss of a number of countries to carry the EU countries, there is no overall decompression. Second, this rescue mechanism, nor solve the problems of the past, just let the issue be postponed indefinitely, and may make it more difficult to solve the problem.
Currently, the European Union in particular, the trouble of the euro area, mainly in the welfare state led to the loss of economic competitiveness, effectiveness of monetary policy in the euro area fiscal policy led to stretched, because the intra-regional trade and economic imbalances leaving the trade deficit is not sustainable in most countries other three aspects. Since these three factors led to the current plight of the euro area and the EU. Ideas and measures the EU's aid is simply unable to solve the three problems. Therefore, the EU's difficulties, even in the permanent adoption of the rescue plan will still continue and intensify.
And because the mechanism of permanent relief tied, I am afraid will make the euro area EU Member States along with the sinking of this ship.Therefore, the efforts of the EU is precisely the wrong direction. In particular, the expansion of the euro area and the euro zone limit for withdrawal is a serious mistake. No one can use in different countries can not be responsible for decisions and a credit currency, had only a good idea, the EU put fantasy into reality, it should be said that the practice is very bold, but since the advent of the euro, seemingly to establish a strong, local people said to allow the ship to obtain the monetary well-being, in fact it full of loopholes, disease clusters. Before the previous turmoil the euro area, not to say how strong the euro zone can withstand wind and rain of vitality, but rather that the irrational nature of the euro area.