Quote from trefoil:
The article misunderstands the underlying problem: the euro lowers Europe's long-term growth rate, tilts the entire European economy heavily towards benefiting Germany and basically looting the rest of the place, and so makes the kind of imbalances you see in the PIIGS pretty much inevitable.
The politics of the euro mean no one is getting out any time soon. That'll change, but betting on when is like betting on when the RE market would pop prior to when it did. Everyone knew it was a problem, but no one knew when it was going to blow everything up. Ditto with the euro.
You just confirmed AGAIN my comments elsewhere about you.
MORON!
>>> Everyone knew it was a problem, but no one knew when it was going to blow everything up. Ditto with the euro. <<<
Jackass amateur. God do I love it so to eliminate these pricks when they are caught off guard from their usual PRETENDING!!!!
