3 ms·
Tons of people predict tons of doom in advance... It's not really a smart idea to pick the "correct" doomsayer a decade later...
by bayesianhorse 14y ago
Tons of people predict tons of doom in advance... It's not really a smart idea to pick the "correct" doomsayer a decade later...
- rmp2150 14y agoFirst off, Friedman is not a doomsayer. Friedman correctly diagnosed the underlying causes of the Eurozone's malaise a decade ago. If the Eurozone entered into a fiscal union, much of the fundamental problems would be remedied. Political pressure/forgoing of sovereignty makes such an event highly improbable.