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Kasz216 said:
mrstickball said:
Funny how the only states remotely solvent in the EU don't use the Euro, sans Germany.

The EU shows how woeful government can be when it continues to increase in size. It should be an example for the US, but no one seems to follow.


I suppose that depends on which way you want to look at it.

Germany is solvent because it's monetary policy has huge influences from Freiberg economics.

However... had the Europeon Union had been larger government wise... and been able to a force individual countries to balance there budgets... this problem would of been much less severe.

The Europeon Debt crisis could of been solved by more federalism (the above)

or less federalism (No Euro.)

The Euro as it is however essentially relies on countries government to NOT baloon... on what essentially would be a "State" level.

Germany also has geography on it's side. All the major nation states do.