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by inflatableDodo
2498 days ago
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>Yes, Euro is a disaster. It's a predominantly ideological project that economically is totally unsound. It has been running for about 20 years, becoming the world's second most traded currency after the dollar and without it Europe would still be a mixed bag of national currencies rather than being one of the big three economic powers. If the euro is totally economically unsound, then I must say that it is doing rather well considering. Personally, I store all my wealth in a 3 ton rai stone sunk in deep water 60 km NNW off the isle of Yap. There are some limits on fungibility, but the transaction security is excellent. |
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