|
Obviously it can never work over the long term. Countries (all countries) can't manage their own domestic financial affairs, under the own laws and rules - they certainly can't do it in accordance to someone else's and aren't going to take a hit for the greater good of people that don't even like you. Inviting every gangster economy in Eastern Europe into the fold certainly isn't going to make anything better. Ultimately everyone will have to revert back to acting in their own interests, rather than the collective interests of the whole. I'm sure Germany will be among the first to break away from the Euro and then the EU. Why should the producers suffer for the non producers and the responsible suffer for the irresponsible and the productive suffer for the non productive?
|