The European model and its economy is that of a sinking ship with its life boats full of holes.
President of European Commission has hissy fit against Canada and the G20 and gets his way for more financial bailout money from non EU taxpaying citizens around the globe.
The Euro Zone, The IMF and the World Bank a critique of materialistic values and ideology currently supported by the G20 and is a continuation from the 1940's then governing regime of Germany originating and based on the then proposed European Cooperation and as now envisioned by political parties, behind the scene international wire pullers and non elected or appointed technocrats and bureaucrats.
The ongoing financial crisis of the EU shall continue with more monetary bail out requests from Spain, next Italy and then France in the very near future.
What happens when Russia permanently pulls the plug on the European Union’s supply of gas and oil?
Will Canada, the United States, Australia, New Zealand, China and other countries outside of the European Union be called upon to rescue Europe for a THIRD time?
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http://timestoronto.blogspot.com/2012/06/european-model-sinking-ship-with-its.html