You write about how the uro as an economic project means that the countries which are members of it have no monetary sovereignty. So is there an issue then, when these essentially technocratic supernational projects like the european union, fail to take these things into account? I think the crucial question with the ura zone is really now about whether there can be a fiscal union. It's when the urizone needs to tax its citizens in a collective sense, in order to support each other's erm debt, that this issue of whether people really sufficiently identify and are willing to make sacrifices for their fellow citizens comes into play.