Failure Analysis of 20th Century Economics

Expansion of the European Union in 2004

Expansion of the European Union in 2004:
Source: William J. Kale, Associated Press
The Huntsville Times, May 1, 2004
Expansion of the European Union (EU) in 2004, as cited, here is arguable evidence that concept of and for a 'New World Order' was in the minds of the finance ministers of the largest central banks of the world when the prescription for a World Bank and an International Monetary Fund (IMF) was drafted in December 1944 in Bretton-Woods, New Hampshire (USA).

Entry dates for 25 members of the European Union (EU):

  • 1950 - Belgium, France, Germany, Italy, Luxembourg, Netherlands (6)

  • 1973 - Denmark, Ireland, United Kingdom (3)

  • 1981 - Greece (1)

  • 1986 - Portugal, Spain (2)

  • 1995 - Austria, Finland, Sweden (3)

  • 2004, May 1 - Cyprus, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia, Slovenia (10)

"Ten countries joined the EU in a historic enlargement taking in a broad swath of the former Soviet bloc - a region separated for decades from the West by barbed wire and idelogy - and widening to 450 million citizens."

"This expansion of the EU has created "...a 25 nation economic giant with potential to rival the United States."

That last statement is perhaps the greatest understatement in this 21st Century.

Take note that current population of the U.S. (including estimates of 10 to 12 million illegal immigrants) is roughly between 280 to 290 million. Compared to the 450 million population of the EU.

By comparison, population of the U.S. of A. is only .64 percent of the size of the population of U.S. of E.

With accomplished destruction of all U.S. industrial engineering and manufacturing factories and facilities to make 'product', during the last half of the 20th Century, there is no way in hell the U.S. of A. can compete in terms of 'trade' of goods and products, compared to capability of the U.S. of E. to 'trade' goods and products, in the 21st Century.

CHALLENGE TO ALL CITIZENS OF THE U.S. OF E.

Formerly sovereign nations of Europe are now like States (Michigan, Ohio, Indiana, Alabama, Mississippi, etc.) in the U.S. All U.S. of E. citizens should now be able to freely cross their former 'National' borders, now reduced to 'State' borders, using the 'Euro' as a single currency.

All citizens of the formerly sovereign Nations of Europe will now be forced to relinquish their former National identity, and accept freely the free migration of populations of all the Nations of the EU, mentioned above, using a single currency (just as we do here in the U.S. of A.).

Finance ministers of the central banks of the world will greatly reduce their 'burden' expense by reduction in the number of the different units of currency bought and sold in the market for 'money' - ultimate reason and purpose of the GATT and carbon copy NAFTA.

Advance to It's not the Economy! Stupid!

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