M.D. Rawlings
Classical Liberal
The people of Germany will not dig this at all. This development along with the Grecian people's refusal to stay the course with austerity could be the final deal breaker for Germany. The European Union is in serious trouble.
And again, that might not be a bad thing. The idea that you have an international currency that no one really controls the value of leads to all sorts of problems.
The problem with the EU is that it allowed a lot of countries in that never should have been allowed in because their economies were not even on the same level as the main players. It would be lke we allowed statehood to Mexico, and got them under the dollar, but they still had their own government and economic conditions.
Agree. Maybe. That is to say, it's probably good for Germany, not necessarily for the rest of the Union at this point, particularly France.