Quote:
Originally Posted by Paul Markham
The whole Euro crisis shows the problem of having a currency like the Euro covering many countries then allowing them to run their economy as they please.
Greece, Ireland, Spain and Portugal are all in trouble because they spent more than they earned and loaned to make up the difference. The trouble down the line will be whether they can pay the loan back.
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True dat.
Open a history book and see how well it's worked out in the past.
