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In reply to the discussion: Europe's big guns warn Greek voters that a no vote means euro exit [View all]roamer65
(36,739 posts)17. It's best for them to get out of the Euro as quick as possible.
Political union really must come before monetary union. The Euro is becoming the prime example of said error very quickly.
We did not have true currency union in the United States until the 1857 Currency Act. Before that act, our dollar circulated right along side Spanish colonial Reales. In fact, our 50 cent pieces during that time frame were thought more of as 4 reales more than they were 50 cents.
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Europe's big guns warn Greek voters that a no vote means euro exit [View all]
brooklynite
Jun 2015
OP
For all the talk of Germany vs Greece, it really seems that it's Greece vs the rest of Europe
geek tragedy
Jun 2015
#1
True. And for us in California, we may have to do that through different technology than
JDPriestly
Jun 2015
#4
If the Chinese are willing to throw their money at Greece, they should go for it.
geek tragedy
Jun 2015
#6
Manufacturing is America's forth largest employer according to the US Government.
hack89
Jun 2015
#44
In terms of the political and strategic balance in the world, it is about the most short-sighted,
JDPriestly
Jun 2015
#13
If this left of center government fails when the economy falls apart, Greece
JDPriestly
Jun 2015
#38
True. But it will be very painful. And the geopolitical repercussions could be tremendous
JDPriestly
Jun 2015
#15
I wouldn't be surprised if they've fired up the Drachma printing presses already <nt>
bigworld
Jun 2015
#21
Technical Note: Historians of World War I might disagree with you about Belgium's
KingCharlemagne
Jun 2015
#48