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We all agree now
De Volkskrant Amsterdam

Europe united at last.

"Down with Europe!"

1 posted on 05/27/2012 12:46:51 AM PDT by bruinbirdman
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To: bruinbirdman

When the Euro was contemplated and the run up to it’s introduction was nearing I recall reading many economists who predicted it would fail within 5-7 years.

The biggest issue according to these experts was the lack of a mechanism to force the member nations to adhere to the rules of the union regarding debt.

Looks as if they were right.


2 posted on 05/27/2012 1:56:36 AM PDT by galloway15
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To: bruinbirdman

There is still no answer to the question of why the Germans, who retire at age 65, would be willing to provide the funding to Greece to allow Greek workers to continue to retire at age 50?!?


9 posted on 05/28/2012 10:06:32 AM PDT by Mack the knife
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