Well, it's Bash-a-Country month, but how about bashing an entire continent (or at least most of it)? I know you want to. OK, let's look at what's going on in Europe. Cos Europe is so funny and fucked up, right? But seriously. In its attempts to save the Euro, the EU is logically advocating ever more strongly the idea for a tighter and closer
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People being fed up with paying the bills of other people. "Why should I keep being fiscally responsible, when those guys over there are always getting a free pass?" And they have a point. True, the moment may not be appropriate, but if they don't make their point now, when will they?
Not that I'm supporting their stance in this, but I'm trying my best to understand it.
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Because frankly the more realistic scenario (dropping the Euro) would lead to huge economic consequences, and not just for EU itself. The political consequences are hard to predict, and history tells us that we should be very concerned if that scenario plays out. As some WW2 famous person had said, "Peoples who share the same currency, never go to war with each other". The validity of this statement is proven by the last few decades.
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