The best course for the European Union is to extend or join up with Russia and Turkey, thus the formation of an economic area instead of a United States of Europe.

Can someone explain this to Kanzler Merkel ? She is so focussed on European integration that she forgets about nationalism. Nationalism is required for democracy, sovereignty, likely even some self respect and the ability to feel solidarity with the needier in society. Nationalism can become nasty when impopular measures are imposed by a foreign ruler, such as Brussels. Kanzler Merkel’s strategy of European integration kills the goose with the golden egg of national democracy and accountability, and it imposes a foreign rule that will be hated. The British have been trying to explain this for decades but it doesn’t penetrate into the thick German skulls and the ephemerical thinking of the French who rely on the German funds.

Curiously, Spain is much in favour of European integration as well. Both Germany and Spain have looked to Europe as a solution for their own internal problems. Perhaps those nations need to team up more so that the rest of Europe can have more peace.

W.r.t. the elections in Greece this Sunday: some economists argue that if Syriza wins sufficiently to create a political stalemate in Greece, then a Greek default and return to the drachme could be borne by the rest of the eurozone, even though it would be a disaster for the Greeks themselves. Short term economics differs from longer term political economy however. The perspective of something like Zimbabwe between the center of Europe and Turkey is not appealing. It could be equally disastrous for Europe as well, in terms of governance. It increases the risk of closer European integration in the eurozone and thus greater instability in the future.

We can see nationalism at work in this Syriza party. They accuse the foreign troika of EU, ECB and IMF for their hardship. While the troika has been aiding. At best they could accuse the Greek elite itself for tax evasion. Syriza claims to be a coalition of leftists, and as such they ought to be internationally minded and against the local rich who evade taxes. Instead, they are nationally minded and defend their national elite. National-socialism, isn’t it ?

Professor Yanis Varoufakis supports Syriza but his “modest proposal” has always been that Germany bears the financial risk so he has been generating noise for two years now. His reasoning also loses from the sharpness shown by Jonathan Swift’s original “Modest proposal” in 1729 that the poor in Ireland sell their children to be eaten by the rich.

Greek people are challenged to vote wisely but confused by all that noise. ND and Pasok are linked to tax evasions but somehow worked along with the Troika. Are they really tackling the tax evasion now ? Syriza isn’t linked to the past tax evasion but its rejection of the troika doesn’t state the true consequences, hence it is irresponsible and misleading to the public.

My proposal for an Economic Plan for Europe contains the suggestion that Italy and Greece create international investment zones. Klaus Kastner followed the same reasoning. It is rather amazing that we hear little about this in the international discussion. All this does confirm my analysis that democratic nations need Economic Supreme Courts to guide national decision making. These Courts can exchange information and co-ordinate international analyses that currently are lost in the noise.

Yes, a Götterdämmerung can come about with a lot of noise instead of music.

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