Monday, 21 May 2012

Eurozonology: The Eurozone is a system where ......

What was the reason of the creation of the Euro? To facilitate intra-EU trade.

The Eurozone is a system (game?) where 17 European economies try to trade with each other and mostly the Germans. the Americans and the Chinese win!

If the Euro had remained below 1.1 or 1.15 USD in 2002-2009 or even better, 2002-today what would the Eurozone real economy be like today?



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