4 ms·
if the euro didn't exist and the currencies were freely floating this would adjust itself automatically it's almost as if forcing completely disparate economie
by blibble 3y ago
if the euro didn't exist and the currencies were freely floating this would adjust itself automatically
it's almost as if forcing completely disparate economies onto a one-size-fits-none currency with a single interest rate and no fiscal transfers was a monumentally stupid idea
- landemva 3y agoThe monetary union is flawed. It won't last another decade unless they somehow federalize the member state debt.