18¶33¹MONETARY CRISES
3¹IN EUROPE
                       a5by Cyber'Europe'Sonik of Alcatraz
±e1
91Welcome  in  my  e350th  9article ever written, not that it will interest you that
much, but anyway.  This one will be pretty special, I hope.  At least, I'll try.
As  the  title  already  suggests,  it  is  about...  the EMS, or the ERM (resp.
European  Monetary System and Exchange Rate Mechanism).  These two abbreviations
are  ruling  the headlines of the newspapers in dWestren Europe 9these days, and I
guess most people walking around that part of Europe will know what they mean.
For  those  of  you  who  don't:   The
intention is that after the borders in
Europe  will  open in the beginning of
1993  (at least for the members of the
EC,  the  European  Community), also a
new  Monetary  System  will be reality
for   everybody   living  in  the  new
Europe.    At   least,  that  was  the
intention.   1993  isn't  going  to be
made when looking at the EMS, although
politicians  still want the borders to
be opened in January 1993.  My opinion
is  that  they  won't realize this, or
when they actually do, they will close
them    again   after   some   months,
considering  the  chaos it will cause.
Anyway,  the EMS will now hopefully be
reality   in   b19979.   Never  trust  a
politician, though...
We,  in Europe, want a coin called the
ECU, short for eEuropean Currency Unit9.
This  ECU  will  be a real cool thing,
because  you  will be able to pay with
it  in  every  'open' state in Europe.
At    the   moment,   politicians   in
Bruxelles  (where  the  EC  is  seated
partly)  alreday  get  their  wages in
ECU's  (how  lame...).   But  the fact
that there will be en ECU is of course
very handy.  No more lame transactions
at    the   post-offices,   banks   or
whatever.   No  more  'own'  money  as
well...   To let a bit of the national
monetary    system   in   touch,   the
inventors  of the ECU decided thateach
country  should get it's own ECU, with
on  the  frontside  of  the  coin  the
ECU-label,   and   on   the   backside
something  specific for the country of
its  origin, like the clame 9head of the
queen for Holland.

It  all  sounds  so  cool.  'Why isn't
this reality much earlier than 1997?',
you  might  ask.   And  quite rightly.
But,   as   always,   there   are  the
politicians that are constantly laming
around,   merely   because  they  have
nothing  better to do all day (if we'd
send  them all to Somalia or Ethiopia,
they  could  cultivate the desert...).
No,  just  kidding  actually, it's the
countries   that  have  the  strongest
economy   that   are  not  willing  to
cooperate.  At least, until recently.

In  Europe,  there's  the G7.  This is
the  abbreviation of fGreat 79.  It is a
council  in  which  the  most  wealthy
nations of Europe have a seat, amongst
them   Italy,   France,   England  and
Germany.   But at the moment, there is
a  little  bit of a monetary chaos (to
say  the  least).  it all started with
the  danish  'no'  to Europe, when the
other  members  of  the  EC started to
think  about  Europe  again (actually,
Maastricht hadn't much to do with it).
It's  just that most countries are not
ready  at  all  for  such an extensive
cooperation...    The   English   then
stepped  out  of  the EMS, because the
high   exchange-rates   of  the  Pound
Sterling  were  unmaintainable,  which
was  the  fault of Thatcher.  Thatcher
namely   wanted  the  Pound  with  the
highest  possible  rates  in  the EMS,
while  the  structure  in  England was
running towards a deep chaos.  I still
wonder  why it lasted so long...  As a
result  of  this,  France almost voted
'no'  to  Europe..  That was the fault
of  the fascist de Gaulle (I think you
may  call  him  a  fascist, not in the
Nazi  sense  of speaking, but when you
look  at  his  ideal,  a united Europe
under  the  leadership  of France, and
when  looking  at the nuclear power of
France,  you  might even conclude that
the  treath  for  a third World War in
Europe  might this time not be started
be  Germany (though they might well be
the  cause  of  it),  but  started  by
France,    with    their   blasphemous
(fucking  big) mouths...  Now there is
Germany   still  as  strong  as  ever,
desperately  trying to prove the world
that  it  is  a wealthy state, able to
control  it's  own  problems  and very
aware  that  a  third Hitler (counting
Wilhelm as a sort of a Hitler as well)
may   never   arise  again.   But  the
European  states  don't  even  want to
see:   They  want Germany to be small,
silly and unable.  Germany is Kroatia,
France is Servia, England is Bosnia...
Europe is the stake...  Something like
Nagorno Korabach, or something...

Concluding  this chaotic little piece,
the  EMS  will  not  be the end of the
troubles  in Europe.  In fact, the ECU
will  only  start  the  problems.   My
opinion:    The   ECU  will  never  be
reality  in  the whole Europe (perhaps
only 6-7 of the 12 or more states).×