Comments by "Henry Law" (@henrybn14ar) on "The Euro Is Failing: Why € Fell Below the $" video.

  1. Sweden's economy has been weak for years. The public sector has grown unsustainably and a lot of people are locked out of the economy by the tax system.
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  2. Cambrdge University Professor Nicholas Kaldor warned against having a single currency in the 1960s. Shame that the EU got its trade and economics policies from Walter Sombart via Mein Kampf. They were a resurrection of 17th century Mercantilism, a theory which was discredited by all the 18th century classical economists. interest rate adjustment is not an effective tool for economic management. The EU economy is throttled by dysfunctional tax systems, notably VAT, and inefficient resource allocation due again to dysfunctional tax systems. Will the policy makers address these causes? Not a chance.
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