Comments by "" (@pierreollivier1) on "Is the END of the EURO NEAR? - VisualEconomik EN" video.

  1. It’s such a shame really, the European Union is so positive, yet managed by the most incompetent and fanatics (arrogant?) people on earth. Every economist said that having only one currency, in a non optimal monetary zone was stupid, yet they did it anyway, everyone said hey be careful with the value of Euro it’s a slightly devalued DM which combined with the Hartz Reform will make Germany too competitive for the southern economy to sustain their pricy social security system. Everyone told them hey stop introducing competition where it doesn’t make sense, yet they went above and beyond to make everything plain stupid (yeah i love paying my electricity 10x what it’s worth even tho i have nuclear electricity). Loads of people told them hey stop saving the system by letting both government and companies go in debt you are actively interrupting creative destruction your just gonna make it worse. Well basically everything the European Union is doing is either dumb, counterproductive or hardly effective. So i won’t be the one crying when it ultimately disappear, i just hope that we will create a real union based on improved trading capital movement, and all that jazz, just not the political power, or the shared currency.
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