Many eons ago in America vs. Europe the prediction of a politically unified European state was rejected. Why? Disintegration is a longer and more powerful trend than super-statism.

“Thus, there might be parallel processes of globalization and the continuing trends of fragmentation and disintegration. Historically political fragmentation often manifested by the quest for self-determination and the creation of new states, had been a trend with as much significance as the (parallel) forces of economic globalization....the stronger the state, the more capable they are in coping with the intricacies of the economic, political, social, technological, and cultural dimensions of globalization.” [p. 82]

Fragmentation is more relevant than super-statism. In this vein the EU won't survive – not in its current state. One should not expect GerFrancia colonialism within Europe. It is hard to imagine independent states, including powerful interests and politicians, giving up their autonomy to GerFrancia. One of the contradictory aspects of 'globalization' [whatever that word may mean and however weak in practice it actually is], is the singular fact that the individual nation state and its socialist-statist structures will actually become more powerful not less. This is however not true at the supra-national regional level. This is because false constructions such as the EU have little legitimacy, institutional power, or even local support.

The disaster of an unnatural and unnecessary currency area does indeed force the idea of a fiscal union and the abolishing of national borders. This is however mere colonialism. The 'core' colonizing the 'periphery' to use Marxist terminology. A cynic might believe that this was the purpose of the Euro currency union all along, as well as hiding debt and entrenching statism. Ever Closer Union, was the EU's motto. Ever greater socialism is the objective.

Fiscal union will not happen and even if it did it would only make things worse not better. The problem with Europe is statism, socialism, the multi-cult cult, Islamic demography and a European culture denuded of any of the concepts which make life interesting including faith; individuality, hard-work, experimentation, private charity and welfare, and higher culture. Europe is a post-modern disaster. Fiscally aligning post modern states into a post modern superstate will result in the annihilation of any hope of a future European Renaissance in faith, culture and the political-economy.

The nomenklatura which manages Europe, including the patriarch of the EU, M. Jacques Delors, are no doubt busy behind the scenes forcing a fiscal union to save their own reputations and historical legacies. Socialism always leads to bankruptcy. A historical lesson lost on the Uber cult of the EU. Delors blames the Germans for not wanting to guarantee an inflation – driven bankruptcy across the EU.....

"Mr Delors was head of the commission from 1985 to 1995 ....He became an object of ridicule in the eurosceptic press. He has admitted that when "Anglo-Saxons" warned a single central bank and currency without a single state would be inherently unstable"they had a point". ...Mr Delors insisted all European countries had to share the blame for the excessive borrowing by countries such as Italy and Greece that have brought the system to the brink of disaster.....However, the 86-year-old singled out Germany for its strict insistence that the European Central Bank must not support debt-stricken members for fear of fuelling inflation.”

Germany and by extension France, is to blame in the eyes of the Eurotechnocracy because GerFrancia won't simply print funny colored paper pieces which parade as money. Nothing like missing the entire point of why Europe is bankrupt.

Europe won't long survive this 'crisis' which has been brewing since 1971 when the gold standard was jettisoned in favor of unbridled Keynesian mysticism and inflationary monetary excess. Some opine that Europe's 'democracy' – which it does not have – will not exist in the future.

Guardian: No Democracy

“The present eulogising of technocracy, of the power of economic technique unsullied by the mob, has always been the harbinger of dictatorship. We should remember how many Britons admired the efficiency of 1930s Germany and lauded Mussolini's trains running on time. Then, too, it was thought unimaginable that Europe would ever go to war. ...

Greece is now talking of a "German protectorate". The technocrat Italian prime minister, Mario Monti, warns his people that "the management of the crisis has suffered from a deficiency of government, and must be overcome with action at a European level". We need not reproduce the Greek magazine's cover of a swastika on the Acropolis to shudder at the phrases "deficiency of government" and "action at a European level". We heard those phrases before.”

Atlantic Council: Inflation if no Fiscal Union

Only after these immediate problems have been resolved can Europe take the longer term steps towards an ever closer political and fiscal union. Or not. These are tough decisions, and politicians might not come up with the right answers. If Europe’s solvency problems cannot be solved through fiscal policy, there is only one other option: inflating away the debts. This might seem a bridge too far for the ECB, but don’t expect them to allow the Eurozone to collapse either. 

FairObserver: A New Europe regardless

“Regardless of what happens, the EU as it we know it today will not survive the next year. The pressures to change are too strong. It will transform into one of three different entities. The first is a hard currency Europe. The second is a soft currency Europe. The third is that the euro zone will survive, but with a smaller number of participating countries clustered around Germany. This too will change the way Europe sees itself, governs itself, and deals with the outside world.”

Europe needs to reinvent itself. Local governance is always best. Citizens controlling their own fiscal and monetary policies is the only method to restrain despotism. A real culture which was developed during the medieval period of European development needs to be reborn. Otherwise Europe will become just another failed experiment in the history of failed socialist and communal regimes.