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by ArkyBeagle
3791 days ago
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I'll take "optimal currency zones" for $0.01, Alex. It is anything but clear that the Eurozone thing will work out even yet. You get to keep your debt, but we control the central currency. It might be worth reviewing how it is that the United States had and dismantled a Bank of the United States. Twice. Our present Fed isn't quite the same thing. To be (somewhat) fair, there apparently was considerable "corruption" in Greece. That seems more of a public choice problem than racism. And, of course, if public debt eats the economy, it's no wonder about "not much going on there." |
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