General Discussion Undecided where to post - do it here. |
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if you're going to adopt that condescending tone, you might at least have something to say. ![]() My impression is that on the whole analysts agree that the Euro saved currency runoff, stock markets from plummeting and rampant inflation in countries like Ireland. Even in Belgium financial experts are relieved we're part of the Eurozone, saying we couldn't have limited the damage on our own. Being an integrationist my feeling is the Commission and that lame duck Barrosso failed to organise a joint effort to pull the EU out of the financial swap, but at least the ECB with its limited powers kept down interest rates. Better than nothing at all I suppose. But you're at liberty to mention which politicians are claiming it's a better idea to leave the single currency. If you are referring to the so called 'Eurorealists' (a moniker for Eurosceptics), ... FYI: Belgium has little or no banks left. ![]() |
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for example, a german politician is going to find it hard to explain to his constituents why they are bailing out some other country, when germany's exports are collapsing and the economy is contracting rapidly. |
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