A Quote by Jamie Dimon
I wanted to start by saying that the eurozone - there are two reasons they formed the European Union. One is for political peace and rationalization. And I think that's a good thing for a continent that went through hundreds of years of wars.
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The heart of the matter is that the very nature of the European Union, and of this country's relationship with it, has fundamentally changed after the coming into being of the European monetary union and the creation of the eurozone, of which - quite rightly - we are not a part.
Europe is my home, Europe is my continent. Europe is where we live. The European Union is a political bureaucratic organization that took away our identity and our national sovereignty. So, I would get rid of the European Union and be a nation-state again.
If there is a Greek exit from the Eurozone, I think the German elite will be quite pleased that they can then use that to restructure the Eurozone and make it a zone where only strong countries are allowed in. There would then be two tiers within the European Union, which is in fact already happening. But you cannot simply get rid of German control by raising the specter of the Third Reich. That's ahistorical.
The European Union that emerges from the Eurozone crisis is going to be a very different body. It will be transformed perhaps beyond recognition by the measures needed to save the Eurozone.
If I had political responsibility, I would want to prepare for a plan B that would foresee that the European currency union, that the eurozone, no longer necessarily consists of 17 member states. And that means to make provisions so that other countries are not pulled into the maelstrom through contagion.
Both the Eurozone and European Union is like the end of the Roman Empire. It's already started. In a few years' time it will not be there anymore. Don't ask me if it will be two years or ten years but the end is near. Like the Roman Empire, it's gone.
There must be no question for us that we in the European Union and the eurozone stand by Greece in solidarity.
European Union partners never said European Union partners're going to renege on any promises, European Union partners said that European Union partners promises concern a four-year parliamentary term, european Union partners will be spaced out in an optimal way, in a way that is in tune with our bargaining stance in Europe and also with the fiscal position of the Greek state.
Albania, Macedonia and Greece have managed to create a good partnership in the south of the Continent and are making progress in blocking the spread of the conflict. But any spillover could destroy this European-oriented partnership and create problems for the European Union countries themselves.
How can we later criticise other countries outside the European Union for adopting such measures to repress opponents when we are tolerating this inside the European Union with European citizens? Like me - I'm a European citizen.
Europe is sort of like the Soviet Union in the '30s and '40s. There was an argument, is it reformable or not? There is a feeling, and I think it's correct, that the European Union, the eurozone, and the euro, is not reformable, as a result of the Lisbon treaties and the other treaties that have created the euro. Europe has to be taken apart in order to be put together not on a right-wing, neoliberal basis, but on a more social basis.
Cyprus joined the E.U. in 2004 and immediately wanted to get into the euro area for the express purpose of completing, as quickly as possible, the union with the core of Europe. It was done because the public thought that would be beneficial for political reasons, not economic reasons.
The Financial Times is pro-British membership of the European Union. We have taken that position for decades. But we are not starry-eyed about the European Union. And we do not believe and have not believed for at least 10 years that Britain should be part of the euro.
As a European Union member state, as a country committed throughout all its history to the fight for the values that I have made my own, as the fifth world power, as a country that has marked my life and European Union houses part of European Union, France can act if it wishes to do so.
Here we have the Schengen agreement, and the truth is that for years we trusted each other and set border controls on the outer borders of the European Union. And as was the case with the economic and monetary union, with this step, regarding the management of the Schengen area, we did not go all the way in terms of political solutions.
Don't knock rationalization. Where would we be without it? I don't know anyone who'd get through the day without two or three juicy rationalizations. They're more important than sex. Have you ever gone a week without a rationalization?
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