The Instigator
PLR
Con (against)
Tied
0 Points
The Contender
danonspark21
Pro (for)
Tied
0 Points

Is the EU unworkable as a unified economic bloc?

Do you like this debate?NoYes+0
Add this debate to Google Add this debate to Delicious Add this debate to FaceBook Add this debate to Digg  
Post Voting Period
The voting period for this debate has ended.
after 0 votes the winner is...
It's a Tie!
Voting Style: Open Point System: 7 Point
Started: 10/12/2015 Category: Economics
Updated: 1 year ago Status: Post Voting Period
Viewed: 233 times Debate No: 80868
Debate Rounds (3)
Comments (0)
Votes (0)

 

PLR

Con

Everyone knows the EU (European Union) has been steadily moving towards becoming a unified economic bloc with the single currency (Euro) and more recently moves to harmonize the economies and monetary polices of member states, under the European Central Bank and EU Commission.

This, in my opinion is not economically viable and cannot possibly work. Because member states in the EU are very economically diverse and need the flexibility to determine their own economic and monetary policies. Many are now running extremely high debt to GDP ratios (since joining the Euro) and in severe financial trouble (notably, Greece, Ireland, Italy, Iceland).

The only country with a major trade surplus capable of continuing to prop-up failing member-state economies is Germany. Will Germany bare the brunt of burden? I don"t think so.

The UK, a significant member state economy is not a member of the Euro and is not in favour of further economic union (at present at least). A UK referendum is coming soon on the UK"s continued membership. An exit may well be likely unless the EU agrees UK"s proposals to dramatically downgrade EU plans for economic and political unity (an idea they seem very resistant to).

What is the future of the EU? Is it viable to continue economic unification or is the Eurozone project doomed to fail?
danonspark21

Pro

Well I absolutely wish for the European Union to collapse but it's a lot more dark then just politics, you see what a lot of people don't understand is that the idea of the Economic Unity was a mild stepping stone into becoming one large entity. The idea of the Euro is supposed to work exactly like the American Dollar. How can a bunch of small states be able to constantly exchange currency between the Lira and the Frank or the Mark and the Pound? But in reality it has begun a much larger process into creating it into one culture.

Not only will the European Union survive as an economic entity but also a cultural/ military entity that is sucking on the blood of every different culture and cleansing any other language but French and English. It's a bit ironic but Germany has always been the supposed military behind it. It's interesting how it works, thanks to the Treaty of Lisbon, 3 unelected "Presidents" who tend to be under the radar meet in Belgium in order to give the rules and assignments to every other European Country. Assignments on how many refugees or immigrants they MUST take in. The rules also say how many representatives each country is allowed, but in general the European Union acts exactly like the Federal Government of the United States but without a single vote into office.

Yes the European citizens get to vote in their own countries but it doesn't matter much because EU legislation always trumps over the European Culture. Fortunately the UK has always suspected this which is why it kept the Pound. Unfortunately though it isn't the same for Ireland who has the Euro. Though when countries fall into severe financial trouble this is when Germany must bail them out of debt, it is written completely against the German Citizens while Germany is the main Economy.
Debate Round No. 1
PLR

Con

PLR forfeited this round.
danonspark21

Pro

No need to enforce my argument without a rebuttal
Debate Round No. 2
PLR

Con

PLR forfeited this round.
danonspark21

Pro

danonspark21 forfeited this round.
Debate Round No. 3
No comments have been posted on this debate.
No votes have been placed for this debate.