Thread: Eurozone will collapse...
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Old 17-12-2016, 19:18   #1879
OLD BOY
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Re: Eurozone will collapse...
Quote:
Originally Posted by nomadking View Post
All the EU and the Euro has done is give those countries a sense of invincibility. They could recklessly borrow and spend all with relative impunity. All that "going federal" would have done is limit that spending. It couldn't improve their lot other than by doing what those countries could have easily done for themselves. Eg it was the Greeks themselves allowed so much tax evasion, not the EU.
Yes, but if Greece became a state within a United States of Europe, the politicians there would have to follow the dictats of the central Government.
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