posted on Mar, 25 2013 @ 01:35 PM
reply to post by camaro68ss
I don't want to go off on a rant (was thinking of a thread on this) but. . .
The EU is like a room full of people. (be patient, I'll get there)
Some work hard, some don't. Now the countries in the EU used to have interest rates related to their own currency and country.
But when the EU was formed, it took a single currency and a single interest rate towards all the countries.
Now back to the room full of people. Some work hard, some don't.
But, all of a sudden, they are all given the same credit card, with the same interest rate. Some spend wisely.
The bill's come due on the credit card.
Is this a wise move?
The EU is prolonging a failed experiment.
The countries in the EU have a choice.
Go back to their own currency
Give up their national identity and all economic control over their own country.
Dark times are coming either way.
(just my humble opinion)