The Euro: A Failed Experiment (Sydney Williams – Breitbart)

In 1999, University of Chicago Nobel Prize winning economist, Milton Friedman got it right when he warned that the Euro would fail because the European leaders created a currency union before they created a fiscal or political one.  He just got the year of when it would fail wrong.  I would also add that the cultures of Europe are so diverse with entrenched customs and philosophies that go back a millennium, how can the European Union leaders hope to establish, let alone maintain, a singular viewpoint, especially when answerable to their own constituencies.   Read more >>

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