Seems like the kind of thing that could end up being the catalyst for the break up of the EU to be honest. If there starts being a split between EU leadership insisting on stealing the assets, and individual countries realizing it would ruin them financially, that could fracture the whole thing.
The reason they’re not resisting very hard is because liberals in charge are ultimately aligned with the EU project. However, their domestic power is rapidly eroding as the material conditions decline. Once nationalists get in power, they will have the mandate to leave the union.
I’m not sure how nationalists are supposed to get into power if the EU can just pull what they pulled in the Romanian and Moldovan elections.
Even Orban’s government is looking like it could be overthrown if the EU puts enough resources toward mobilizing all the NGOs, funding a massive media campaign and uniting the opposition while putting economic pressure on Hungarians by cutting off their EU funds.
And even the nationalists like Orban and Fico have so far protested but ultimately begrudgingly voted as the EU demanded when the pressure was turned up.
And at least Hungary still has its own currency. It will be even harder for countries in the Eurozone to resist Brussels pressure when Brussels controls their currency.
I agree that’s likely to be the pattern in the short term, however the more of that they do the further the whole system becomes discredited. People are starting to realize they’re not really living in a functional democracy, and they’ve been told all their lives that it’s what elevates them above the rest of the world. So, a combination of deteriorating living standards and the curtain finally being pulled back exposing the dictatorship of capital can only result in civil unrest in the long run.
Seems like the kind of thing that could end up being the catalyst for the break up of the EU to be honest. If there starts being a split between EU leadership insisting on stealing the assets, and individual countries realizing it would ruin them financially, that could fracture the whole thing.
I actually think the member states are too weak too resist.
The reason they’re not resisting very hard is because liberals in charge are ultimately aligned with the EU project. However, their domestic power is rapidly eroding as the material conditions decline. Once nationalists get in power, they will have the mandate to leave the union.
I’m not sure how nationalists are supposed to get into power if the EU can just pull what they pulled in the Romanian and Moldovan elections.
Even Orban’s government is looking like it could be overthrown if the EU puts enough resources toward mobilizing all the NGOs, funding a massive media campaign and uniting the opposition while putting economic pressure on Hungarians by cutting off their EU funds.
And even the nationalists like Orban and Fico have so far protested but ultimately begrudgingly voted as the EU demanded when the pressure was turned up.
And at least Hungary still has its own currency. It will be even harder for countries in the Eurozone to resist Brussels pressure when Brussels controls their currency.
I agree that’s likely to be the pattern in the short term, however the more of that they do the further the whole system becomes discredited. People are starting to realize they’re not really living in a functional democracy, and they’ve been told all their lives that it’s what elevates them above the rest of the world. So, a combination of deteriorating living standards and the curtain finally being pulled back exposing the dictatorship of capital can only result in civil unrest in the long run.