DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Greeks, Spaniards withdraw euros by the billions!

**AnIInWon** · 06-18-2012, 03:02 PM

The Germans arrogance that they Euro was the best way to go, along with their reluctance to buy up bonds will end up in the inevitable collapse of the currency.

Well you know, they didnt have to join the Euro. And rating agencies didnt have to totally lie about the greek economy 10 years ago.

I wonder, would these countries be in the same position if the had kept their previous currencies? Are the problems bigger because of the Euro? How would Greece, Italy and Spain (and Portugal) do if they had their old currencies now?

I really doubt they would be in better shape right now. I think the Greeks should have voted against the Euro, just to see what happens then. Reduce the Euro to Germany, Austria, Finland, BeNeLux and France, and see how that goes.

06-18-2012, 03:02 PM	#14
AnIInWon Join Date Oct 2005 Posts 556 Senior Member	The Germans arrogance that they Euro was the best way to go, along with their reluctance to buy up bonds will end up in the inevitable collapse of the currency. Well you know, they didnt have to join the Euro. And rating agencies didnt have to totally lie about the greek economy 10 years ago. I wonder, would these countries be in the same position if the had kept their previous currencies? Are the problems bigger because of the Euro? How would Greece, Italy and Spain (and Portugal) do if they had their old currencies now? I really doubt they would be in better shape right now. I think the Greeks should have voted against the Euro, just to see what happens then. Reduce the Euro to Germany, Austria, Finland, BeNeLux and France, and see how that goes.
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