Anti-austerity protests erupted across Europe on Wednesday ”” Greek doctors and railway employees walked out, Spanish workers shut down trains and buses, and one man even blocked the Irish Parliament with a cement truck to decry the country’s enormous bank bailouts.
Tens of thousands of demonstrators poured into Brussels, hoping to swell into a 100,000-strong march on European Union institutions later in the day and reinforce the impact of Spain’s first nationwide strike in eight years.
These events cause me to doubt the wisdom of the euro. Perhaps Greece, Spain and others would be better off with their own currencies, and their own instruments of financial regulation. Cooperation amoung countries is good, but the European union has probably actedd too quickly to force the EU, rather than let it develop naturally. James Kennish
America, this is your future should the present trajectory continue.