How do you square this one? Most economic historians and international economists I know believe a monetary union would fail unless it develops into a fiscal union. Yet, almost all political and legal experts who specialise in the European Union believe a fiscal union is Utopian. If both are right, a fiscal union is simultaneously necessary and impossible. And that would mean – again if both are right – that the euro is doomed to fail.
你怎么看待這個問題?我認識的大多數(shù)經(jīng)濟歷史學家和國際經(jīng)濟學家都相信,除非歐元區(qū)發(fā)展為一個財政聯(lián)盟,否則這個貨幣聯(lián)盟定將瓦解。不過,幾乎所有專攻歐盟(EU)事務(wù)的政治和法律專家都認為,建立財政聯(lián)盟只是一種空想。如果雙方都沒錯,那么成立財政聯(lián)盟就是既必要、又不可能之舉。而這就意味著——同樣假定雙方都是對的——歐元注定會崩潰。