Home | About Us | Our Advertisers | Contact | Subscribe

RealEconTV

Business news without the bullshit

 
 

What's that sinking sound?

How much longer can this idiocy continue?

 
Subscribe to
RealEconTV
 

Absolutely free
Every time we post a new video,
we'll send you a notice by e-mail.

First Name:
E-mail address:
Enter your first name and e-mail and press subscribe
 

Navigation:    Home    Back    More videos like this

Another wacko idea

The European Union...one of those idea that makes sense on paper - paper in the briefcases of corporatist attorneys that is, but not in the real world where real people live.

Better cooperation among countries? Sure why not.

Laws created by wacko, out-of-touch bureaucrats? (gee, sounds like the US). No thanks.

What will kill the Euro is this very simple reality:

When national economies get into trouble (and they always do eventually), one of the ways to refloat the boat is to devalue your currency.

That attracts tourists, investors, and buyers of your goods.

"Members" (or should we say "captives") of the Eurozone, don't have that option. Thus, their only way out is to: a) give up sovereignty and b) takes the losses out of the hides of their citizens.

Will Europeans put up with this BS?

So far, the citizens of Greece and Ireland don't see too keen and the street battles are just beginning.

Hey, no one delivers a good dressing down like an Englishmen. They may have lost the Empire, but they still do a good job of verbally kicking ass. We could use some of that on our side of the ocean right about now too.












For more Europe videos, click here

See the complete catalog of
real econ tv videos

About Us | Privacy Policy | Contact

Legal disclaimer

The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.

NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, BONDS OR FUTURES.

The author may have a position in any company or security mentioned herein. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.