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What do you mean by "worked"? You do realize EVERY other modern, rich country has these things and is doing just fine?
by Ensorceled 10y ago
What do you mean by "worked"? You do realize EVERY other modern, rich country has these things and is doing just fine?
- paulddraper 10y ago> every If by "fine" you mean a weak economy (http://www.businessinsider.com/italys-political-and-economic-crisis-threatens-europes-stability-2016-7 http://www.businessinsider.com/italys-political-and-economic...), perpetual 20% adult and 45% youth unemployment (http://mobile.nytimes.com/2016/05/03/upshot/spains-jobless-numbers-almost-look-like-misprints.html http://mobile.nytimes.com/2016/05/03/upshot/spains-jobless-n...), riots in the streets over unemployment (http://www.telegraph.co.uk/news/worldnews/europe/5258634/Riots-across-Europe-fuelled-by-economic-crisis.html http://www.telegraph.co.uk/news/worldnews/europe/5258634/Rio...), a mismanaged centralized health care system in financial straits (https://www.bloomberg.com/news/articles/2013-01-03/frances-health-care-system-is-going-broke https://www.bloomberg.com/news/articles/2013-01-03/frances-h...), and general government insolvency (https://en.m.wikipedia.org/wiki/Greek_government-debt_crisis https://en.m.wikipedia.org/wiki/Greek_government-debt_crisis), then yes every other modern, rich country is doing fine.
- kesselvon 10y agoWay to cherry pick.
- paulddraper 10y agoGuilty. And way for the parent to overgeneralize.
- the_why_of_y 10y agoNotably, every single example you cite is from an Euro currency country. The design flaws of the Euro currency area were well understood already 20 years ago, if not, unfortunately, by European politicians. https://www.foreignaffairs.com/articles/europe/1996-09-01/euro-fantasies-common-currency-panacea https://www.foreignaffairs.com/articles/europe/1996-09-01/eu...