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<p>[QUOTE=&quot;medoraman, post: 1331302, member: 26302&quot;]Well from my point of view the Euro was just a little too ambitious. I feel sorry for Germany and northern European countries as your economies are being pulled down by your less frugal southern neighbors. Europe, in my view, is divided north and south, and the southern economies simply not great partners unless there is thorough integration and real restrictions on budgets.</p><p><br /></p><p>Maybe Europeans view the Anglo Saxon world wishing for a failed Euro, but I do not think we are. Personally I think a retrenched Euro of just northerly countries would be much stronger than the Euro is today, and I am ok with that. If they try to stick to the current countries, I think you will either:</p><p><br /></p><p>1. Continue to have bailouts forever, or</p><p>2. Simply tax the more prosperous countries directly to pay for southern ones</p><p><br /></p><p>Either way I think its simply unfair to half the Eurozone, and if I were in the north I would be pretty dang upset about it.</p><p><br /></p><p>Best of luck with it sir, and Merry Christmas.</p><p><br /></p><p>Chris</p><p><br /></p><p>P.S. Jjack is right by the way, many of these countries have spend themselves so far into a hole that without a currency revaluation I don&#039;t see much of a potential rebound to their economies. Greese is dependent on tourism , and a very high Euro affects them much worst that countries like Germany, (though exporters of course are hurt in Germany).[/QUOTE]</p><p><br /></p>

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