It takes at least 10 years from the beginning of the financial crisis, before the world economy is in good shape. That said chief economist Olivier Blanchard of the IMF today against the Hungarian news Portfolio.hu.

Blanchard advocated in the interview greater solidarity between members of the “Euro-zone” and more integration in fiscal and economic policies. He said that Europe should continue to integrate the monetary union would be a success. "I think it should go forward or backward. It can't remain as it is. I do not think anyone really wants to go backwards."

Larger monetary solidarity between the members of the Union, the Union further disrupt through the economic and mental retardation in some of its areas, can only lead to greater resistance by the population of well developed areas that the burdens and crisis will have to bear, and where the mass of unskilled workers already working in poverty threaten to sink, a phenomenon that in some prosperous countries all reality exist, and where a family on one income falls down .

The problem with the currency union is that countries which are connected economic and monetary, too far apart and no unit can form, without exploitation and jeopardizing the highly evolved members of the Union.

Especially the creation of monetary union was a premature step, insufficiently prepared by equalization on economic and monetary internal capacity, while Europe has had to contend with the extreme rise of especially emerging Asian countries, and their emerging financial impact on the world and especially on the nearest Europe.

The union did till now no added value compared to the previous economic cooperation, but costs the citizen masses of money and offers only Eurocrats imperial incomes through various employments and additional candies that they are proffered, allowing the resist to control their capital and income (the Liberal Euro commissioner Charles De Gucht mind) also be logical. It is clear that increasing the political scene, as by extending to a European Union badly harm to the population has made, while the whole cluttered and abuses are proportional to the wealth of government members and High Society expand.

The question arises as to whether this crisis ever Europe will overcome, unless extreme loads increased to the purchase of extreme luxury and investments of higher values, and have unlimited extreme abilities, especially mandataries, may audit. One can’t go on forever with the plunder of the employee, without a global civil war to come.