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— Michael Hudson"Europe is sort of like the Soviet Union in the '30s and '40s. There was an argument, is it reformable or not? There is a feeling, and I think it's correct, that the European Union, the eurozone, and the euro, is not reformable, as a result of the Lisbon treaties and the other treaties that have created the euro. Europe has to be taken apart in order to be put together not on a right-wing, neoliberal basis, but on a more social basis."
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The Eurozone die is cast. Countries must withdraw from the euro so that governments can create their own money once again, and resist creditor demands to carve up and privatize their public domain.
— Michael Hudson
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I think sometimes Europe may take for granted the extraordinary progress that's been made over the last 40, 50 years. I recognize that sometimes there is great frustration that arises out of the euro zone or out of the EU.
— Barack Obama
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