There Is No Easy Fix For The Euro Zone’s Debt Crisis

Dr. Michael LaitmanOpinion: (German Gref, President of Sberbank of Russia): “President of Sberbank, German Gref has pointed out he thinks the European Union has two ways to remedy the current financial and economic situation; they are – either to seek closer integration or to default. Closer integration means ‘the formation of, say, a kind of United States of Europe’ Gref said. ‘But it will need a long time to reach the target,’ he added.

“The other option, the disintegration of the euro, which means some of its member countries will go back to their former currencies ‘is fraught with disintegration of the entire European Union.’ Although this scenario gives more options to get over the crisis, ‘This is a much more honest policy that gives hope for regaining competitive abilities of peripheral countries and their re-entry to the currency orbit of the European Union.’ Gref added.”

My Comment: Mr. Gref does not see an optimistic option because there is no way he can see it. After all, it is only described in Kabbalah, and economists do not study it. The change in the common worldview is the foundation of the understanding of the world’s development. Instead of inventing theories and making mistakes in practice, we must copy everything from nature and follow it. Its demand for an integrated connection, for a universal mutual guarantee, is a mandatory requirement, and failing to carry it out will cost us dearly!

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