Euro

It has to break up...  We cant have a single monetary union with wildly different fiscal policies..  n starkly contrasting nature of economies...   peripheral countries ought to float their own currency at a much lower rate than euro and increase their productivity...   u cant subject them 2 years of frugality n austerity ie internal devaluation... of course german exports will be adversely impacted but the alternative looks worse..  there is going to be chaos..  whichever path we take...  we should desist from competitve devaluation if we have multiple currencies...

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