SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (114232)11/12/2015 12:09:02 PM
From: Elroy Jetson  Respond to of 217713
 
What the writer meant to say was all banks in New Zealand are Australian.

But the point is well-taken. Europe could easily still have the borderless Schengen Agreement without every nation using the Euro.

That's the precise arrangement they have currently with Hungary which still pays bills in Forints.

Over the long haul it's hard for me to believe Italy will continue using the Euro as their culture, like Greeece, is simply too corrupt.



To: elmatador who wrote (114232)11/12/2015 1:31:52 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 217713
 
The Euro was not pointless for Germany, it helped Germany a lot as it did to France.

Poland Czech Republic Romania Bulgaria and other EU countries are not in the EUR and did not see that they are doing better as a result.

The jury is out on this subject IMHO

If not for the war in Ukraine and dictatorship in Russia Europe could have flourished. The present Kremlin regime is a great spoiler not only for Europe but also for the world.