Quote:
Originally Posted by Paul Markham
The Common Market already had set no tariffs. So not unlikely but already happening.
It's he political union that's doing damage to strong nations. Once you tie yourself politically to the lower half of this list https://en.wikipedia.org/wiki/Financ...y_GDP_(nominal) decisions are made that hold back the stronger nations.
The Euro is a great example of why a political union set on uniting Europe at any cost is a crazy idea. On paper it's great to have a single currency in countries like Germany, France, Holland, etc. But give it to Greece, Portugal, Italy, etc and then have no central control is madness. The results are here https://www.statista.com/statistics/...c-product-gdp/
A currency has to be controlled by a central power. But in their belief in uniting Europe they ignored that and went down the wrong route. |
Well, there was an idea to have 2 euroes - one for countries which are in good condition and second for crappy economy conditions where value which will be lower then first euro version, and i think that's good idea but as it opposes the unity idea it will never pass which kind a suck.So , if you would want to have strong euro version, then you will need to have strong economy first.