As evidence of the EU’s failure and potential collapse mounts, the time for existential choices approaches, implications for the EUR Summary Existential Threat #1: Unsustainable Debt Loads That Could Destroy The EU Require A Fully Empowered ECB Existential Threat #2: Undercapitalized Banks Present Systemic Risk To EU, Global Banking. This too requires a fully empowered central bank that can act fast with needed cash Implications: A US of Europe, but apparent lack of political will and popular support for implied loss of member state sovereignty may doom the EU With EU stock indexes badly underperforming those of the ... (full story)