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Not surprising, as the euro is what has clawed to the centre of what the EU has become.
The social ideal? Come come, everyone knows that was the honey to get everyone to fall into the troika deathtrap repaying debts run up by idiot politicians like 'bridge to nowhere' Berlusconi.
Didn't anyone see what would happen if you create a currency ahead of fiscal union? How the poorer countries would be encouraged into profligacy by lower borrowing costs?
So obvious in retrospect. All those actors being so rational and all...

'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty
by melo (melometa4(at)gmail.com) on Wed Feb 11th, 2015 at 01:10:59 PM EST
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