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As to the distrust of the EU and concerns about loss of sovereignty, I would think that the most effective line of action for those on the left would be to publicly criticize austerity and those proposing and enforcing it, the former primarily in the EMU, the latter particularly at home. Meanwhile publicly begin a process of collaboration of all left parties who whould support an end of austerity in the EU/EMU and a return to strengthening social values, social solidarity and 'social Europe'. If there is to be a breach, let it be threatened by multiple states on common grounds. And let it be known that it does not envision destruction of the EU, but fundamental change in the EMU, the ECB and of the common approach to economics.

All will say:"But the treaties..." They are a very effective Gordian Knot, whether by accident or design. The threat should be to cut that knot by action, not to attempt to unravel it by negotiation. Nations can always reclaim their sovereignty. This would focus some of the anger on the appropriate target and would wrong foot the European supporters of the Euro as it is.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere." (But it helps!)

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sat Jun 18th, 2016 at 09:26:27 AM EST

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