FORUMS_

As a non European, this looks like a step towards seemingly eventual and total assmilation of all the members states into one unified state.

I'm pretty sure some nations will leave the EU eventually.

After first one leaves its easier for others to leave also. Loaning money to every single country in debt just isn't possible.

Eventually one nation will say no more. Spain is now asking for 100 billion euros. For Finland it means 2 billion euros. And we have population of only 5 million.

No way this will ever happen. Look at Greece; they don't want faraway Germany deciding what to do with the financial state of the country. Like Pic said, old rivalries will never allow the EU to have their say on the national budget. It may be the thing we need to have, but I doubt it will ever work.

Besides, Germany is getting sick and tired of being the EU's powerhouse. Many say Germany should just stop lending money to other countries altogether.

As somone who lives in the UK I can tell you we will leave the EU before we allow such a thing, we are in the unique position that we can do so without any real drawbacks (we still use the £ and most of our internation trading is with the U.S. and Asia.)  the govenment here has already stated a referendom on the issue of EU membership will go ahead if any extream events should happen (such as the one noted in the OP) and in all honesty support for referendom in the govenment has gotton to the point where one is almost inevitable now, the PM and the Tory's are now just waiting for the "right moment" (when they stand to gain the most) to announce it (they also need to ditch Nick Clegg and the Lib Dems).