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"What puzzels me is that it should be the other way around when you take inflation into account ..." You're not taking into account the very real risk that the
by rsync 5y ago
"What puzzels me is that it should be the other way around when you take inflation into account ..."
You're not taking into account the very real risk that the Euro doesn't exist in 5 or 10 or 20 years.
Many, many people in (PIGS)[1] do not appreciate being tied to the deutschemark.
[1] No offense meant.
- bserge 5y agoWell, that's what victory looks like. Maybe if it was a military one, the many PIGS would've been slaughtered, but you can't do that nowadays... yet. I'm sure Doucheland is better off with those lazy subhumans in the union/eurozone than outside it, having potentially hostile nations at the border is never good.
- pjc50 5y agoThe most plausible time for this was 2008, and despite the worst possible circumstances Greece chose not to exit.
- ben_w 5y agoWhile I also have no reason to actually expect the Euro to disappear in such a timescale, there is a letter whose keywords I can’t remember well enough to Google, which went something like: """If you asked us what our biggest foreign policy concerns were in 1900, we would have told you to worry about war with the British Empire and keep close to France. In 1920, we would’ve been friends with the British, and Germany would be crushed and humiliated. In 1940, we’d be at war with Germany and it wouldn’t be a one-sided kerb-stomp[0], and we’d be allied with the Soviets against them. In 1970, we’d be friends with the Germans and in an Armageddon race against the Soviets. In 1985, the Soviets seemed unassailable but at least we weren’t going to blow each other into radioactive glass. In 1992, the Soviets were gone.""" [0] None of this language is an exact quote, but especially not this bit. I think the original dates were aligned on either decades or 20s of years?
- thow-58d4e8b 5y agoThe chance of seeing Eurobonds and EU-wide unemployment fund is significantly higher than any breakup of Eurozone