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Old 23.06.2016, 00:13
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TobiasM TobiasM is offline
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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They might not have flipped the switch, however, it is their fault that the stagnation and prolonged austerity has created a constant state of misery and poverty across the eurozone.. which, I hastened to add, shows no sign of improving.

See here an article from 2014. Funny how we were all in agreement then

All of the suffering in Europe – inflicted in the service of a man-made artifice, the euro – is even more tragic for being unnecessary, writes Joseph Stiglitz
Joseph E. Stiglitz, a Nobel laureate in economics, is University Professor at Columbia University.
The Euro was intended to elevate other European countries that were wracked with poverty and bring the whole of Europe onto a level playing field economically, those intentions were not only positive, but necessary, on the whole Europe is now wealthier and more prosperous then it has ever been. No more Drachmas or Liras or Pesos, an equal stable currency across the board! makes trade easier and more consistent! But lest we forget, a unified Europe is the best way to avoid conflict from returning to Europe.
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