Originally Posted by
Burney
As Portillo pointed out yesterday, the EU keeps making terrible economic and political decisions in order to push the idea of ever closer union. The Euro was just one of these mistakes. When it was first introduced, everyone asked how you can have a central currency without centralised political control. The answer was: you can't, but they were arrogant enough to think centralised political control would come along in the natural course of things. It didn't and now the Eurozone is stagnant.
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