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Old 02-19-2010, 05:03 AM   #11
S.T.D.

Join Date
May 2008
Age
42
Posts
5,220
Senior Member
Default
Come on it was a train wreck from the outset. The assumption was always that the Germans were going to pay the way. They just arent going to do that. They covered the Italians a few years back, the Spanish etc. Now they just had enough. The economy sucks and they're unwilling to foot the bill. There are reasons that the Swiss never joined the EU, and that has nothing to do with privacy laws etc...

I'm also fairly sure that a 5th of the Greek economy is funded by German [and possibly British] tourists, who are all to willing to pay 10 dollars for a can of cola.
Yes, and the whole EU assumed that a common currency with no EU-level fiscal policy would work just fine, unfortunately they were dead wrong...
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