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  •  Do you understand Economics? (1+ / 0-)
    Recommended by:
    Kickemout

    Do you know what an optimal currency area is?

    US and Mexico have FAR more in common than Germany and Greece, yet I don't see anyone clamoring for the US and Mexico to share a common currency.

    Milton Friedman was prescient over two decades ago, when he foresaw the Euro implosion.  Today, Paul Krugman, Nobel in Econoimcs, concedes the same point.

    The Eurozone has no economic rationale.

    In fact, those that support the Euro, those who support the creation of the US of Europe, those people support continued austerity in the non-core EZ countries.

    As for Germany, it's a country of the past.

    A country that does not have monetary sovereignty has ceased to be a nation state.

    The UK can print Pounds.

    The US can print Dollars.

    China can print Yuan.

    Germany can't print Deutsche Marks.

    Learn about Centrist Economics, learn about Robert Rubin's Hamilton Project. www.hamiltonproject.org

    by PatriciaVa on Sat Jul 13, 2013 at 12:30:02 PM PDT

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    •  Heh (2+ / 0-)
      Recommended by:
      Victor Ward, DeadHead

      You should write a diary: Germany Is A Country Of The Past. Codify your arguments which prove that Germany is falling down.

      No, you just mean that Germany is, ummm, passe'? What?

      A true craftsman will meticulously construct the apparatus of his own demise.

      by onionjim on Sat Jul 13, 2013 at 01:20:44 PM PDT

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    •  Last I checked (2+ / 0-)
      Recommended by:
      k9disc, Victor Ward

      we ceded our currency printing to the private banks of the Federal Reserve.

      Your argument is not germane.

    •  Their mistake was trying to compete with (1+ / 0-)
      Recommended by:
      DeadHead

      America.

      You can't compete (economically) with a country that doesn't maintain it's population.

      Democracy - 1 person 1 vote. Free Markets - More dollars more power.

      by k9disc on Sat Jul 13, 2013 at 03:14:30 PM PDT

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    •  Ich bin achtmal in Deutschland gewesen (1+ / 0-)
      Recommended by:
      DeadHead

      8 times.
      I have always had a good impression of Deutschland. I first went there in 1983. In 1994 I first visited Berlin, and I missed any chance to see the Deutsche Demokratische Republik.
      The Germans have a long tradition of classical music and most of my European recordings are German.

      Censorship is rogue government.

      by scott5js on Sat Jul 13, 2013 at 05:18:03 PM PDT

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