Overview: This will continue your investigation of the European Union and the trends in the Eurocurrency market.
Instructions: After watching the video, Euro Doomed? Bloomberg QuickTakes
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://m.youtube.com/watch%3Fv%3DKfkwFXXV86I&ved=2ahUKEwjP3_C0ktWBAxWUFFkFHQFxDaIQo7QBegQIExAG&usg=AOvVaw2v-Kk7D-NYxhIk375ucV5i
do some research on your own from reliable sources and address specific questions:
• What was the reasoning behind the creation of such union and the of the Euro currency?
• Please explain your perspective with facts from your research.
• What are some of the dangers for the global economy associated with the Brexit?
Sample solution
Dante Alighieri played a critical role in the literature world through his poem Divine Comedy that was written in the 14th century. The poem contains Inferno, Purgatorio, and Paradiso. The Inferno is a description of the nine circles of torment that are found on the earth. It depicts the realms of the people that have gone against the spiritual values and who, instead, have chosen bestial appetite, violence, or fraud and malice. The nine circles of hell are limbo, lust, gluttony, greed and wrath. Others are heresy, violence, fraud, and treachery. The purpose of this paper is to examine the Dante’s Inferno in the perspective of its portrayal of God’s image and the justification of hell.
In this epic poem, God is portrayed as a super being guilty of multiple weaknesses including being egotistic, unjust, and hypocritical. Dante, in this poem, depicts God as being more human than divine by challenging God’s omnipotence. Additionally, the manner in which Dante describes Hell is in full contradiction to the morals of God as written in the Bible. When god arranges Hell to flatter Himself, He commits egotism, a sin that is common among human beings (Cheney, 2016). The weakness is depicted in Limbo and on the Gate of Hell where, for instance, God sends those who do not worship Him to Hell. This implies that failure to worship Him is a sin.
God is also depicted as lacking justice in His actions thus removing the godly image. The injustice is portrayed by the manner in which the sodomites and opportunists are treated. The opportunists are subjected to banner chasing in their lives after death followed by being stung by insects and maggots. They are known to having done neither good nor bad during their lifetimes and, therefore, justice could have demanded that they be granted a neutral punishment having lived a neutral life. The sodomites are also punished unfairly by God when Brunetto Lattini is condemned to hell despite being a good leader (Babor, T. F., McGovern, T., & Robaina, K. (2017). While he commited sodomy, God chooses to ignore all the other good deeds that Brunetto did.
Finally, God is also portrayed as being hypocritical in His actions, a sin that further diminishes His godliness and makes Him more human. A case in point is when God condemns the sin of egotism and goes ahead to commit it repeatedly. Proverbs 29:23 states that “arrogance will bring your downfall, but if you are humble, you will be respected.” When Slattery condemns Dante’s human state as being weak, doubtful, and limited, he is proving God’s hypocrisy because He is also human (Verdicchio, 2015). The actions of God in Hell as portrayed by Dante are inconsistent with the Biblical literature. Both Dante and God are prone to making mistakes, something common among human beings thus making God more human.
To wrap it up, Dante portrays God is more human since He commits the same sins that humans commit: egotism, hypocrisy, and injustice. Hell is justified as being a destination for victims of the mistakes committed by God. The Hell is presented as being a totally different place as compared to what is written about it in the Bible. As a result, reading through the text gives an image of God who is prone to the very mistakes common to humans thus ripping Him off His lofty status of divine and, instead, making Him a mere human. Whether or not Dante did it intentionally is subject to debate but one thing is clear in the poem: the misconstrued notion of God is revealed to future generations.
References
Babor, T. F., McGovern, T., & Robaina, K. (2017). Dante’s inferno: Seven deadly sins in scientific publishing and how to avoid them. Addiction Science: A Guide for the Perplexed, 267.
Cheney, L. D. G. (2016). Illustrations for Dante’s Inferno: A Comparative Study of Sandro Botticelli, Giovanni Stradano, and Federico Zuccaro. Cultural and Religious Studies, 4(8), 487.
Verdicchio, M. (2015). Irony and Desire in Dante’s” Inferno” 27. Italica, 285-297.
Sample Answer
Sample Answer
The European Union and the Eurocurrency Market: A Closer Look
The creation of the European Union (EU) and the introduction of the Euro currency were driven by several reasons, which aimed to promote economic integration, enhance political cooperation, and foster regional stability among member states. Through my research, I have gathered facts that shed light on the reasoning behind the establishment of the EU and the adoption of the Euro currency.
Economic Integration: One of the primary motivations for the creation of the EU was to foster economic integration among European nations. The founders envisioned a single market where goods, services, capital, and labor could move freely, creating a more efficient and competitive European economy. This integration aimed to eliminate trade barriers, stimulate cross-border investments, and enhance economic growth and prosperity within the region.
Political Cooperation and Stability: The EU was also established to promote political cooperation among its member states. By fostering closer ties and cooperation, the founders aimed to prevent future conflicts among European nations, which had experienced devastating wars in the first half of the 20th century. The EU sought to build a framework for dialogue, common decision-making, and the peaceful resolution of conflicts among its members.
Strengthening Europe’s Role on the Global Stage: The creation of the EU was seen as a means to enhance Europe’s influence and competitiveness in global affairs. By pooling their resources and acting collectively, European nations aimed to assert their presence in international arenas such as trade negotiations, security matters, and addressing global challenges like climate change.
The introduction of the Euro currency was another significant step towards deeper integration within the EU. Here are some key points related to the adoption of the Euro:
Enhancing Economic and Monetary Integration: The Euro currency aimed to facilitate further economic integration among EU member states by eliminating exchange rate fluctuations and transaction costs associated with multiple currencies. It provided a common medium of exchange within the Eurozone, streamlining cross-border trade and investment.
Boosting Trade and Investment: The adoption of the Euro was expected to enhance trade and investment flows within the Eurozone by reducing currency-related uncertainties and transaction costs. It aimed to create a more stable and transparent business environment that would attract foreign direct investment, boost competitiveness, and contribute to economic growth.
Fostering Greater Political Unity: The introduction of a common currency represented a significant step towards greater political unity within the EU. It signaled a commitment to deeper integration and demonstrated a shared desire among member states to work towards common goals and overcome nationalistic barriers.
Turning our attention to Brexit and its implications for the global economy, several dangers have been identified:
Economic Disruptions: Brexit has created uncertainties surrounding trade agreements, market access, and regulatory frameworks between the UK and the EU. These uncertainties can disrupt supply chains, hinder business investments, and affect economic growth not only in the UK but also in other countries closely linked to the UK’s economy.
Financial Market Volatility: The process of Brexit has led to fluctuations in financial markets due to uncertainty surrounding future trade relations and potential disruptions in financial services. These fluctuations can have spillover effects on global financial markets, affecting investor confidence and stability.
Political Implications: Brexit has highlighted divisions within Europe and raised questions about the future of European integration. It has emboldened Eurosceptic movements in other countries, potentially leading to further political fragmentation within the EU. This could impact decision-making processes within the EU and complicate efforts towards collective action on global challenges.
Trade Impact: Brexit has implications for global trade patterns as it affects the terms under which the UK trades with both EU member states and non-EU countries. Changes in trade policies and increased trade barriers could disrupt global supply chains, alter global trade flows, and potentially lead to retaliatory measures from trading partners.
In conclusion, the creation of the European Union and the adoption of the Euro currency were driven by motives such as economic integration, political cooperation, and regional stability. While Brexit poses risks for the global economy including economic disruptions, financial market volatility, political implications, and potential trade impacts, it is essential to closely monitor developments and engage in ongoing dialogue to mitigate potential negative consequences.
