When will the Netherlands follow suit? Bring back the Guilder.
I shouldn’t joke, this looks terrible. The Euro was a another good intended bad idea..
Yeah, socialism is like that.
It seems to me like a nation’s currency is a big part of its national identity, and it was LOST with the stupid euro. Francs, Deutschmarks, Lira and Drachmas etc., it was colorful. I liked it. I hope they do revert. Good for the British for refusing to convert.
The EU model was a viable one but it is failing because th3e Nations involved failed to follow their own rules regarding debt. Greece even with the 50% haircut handed to the bond holders still has a debt to GDP ratio of about 150%.
Socialism has crippled the EU and it is on life support, probably terminal. I say probably because there is always the possibility the folks there will wake up and realize they have to take the bitter medicine of truly drastic cuts to government handouts paid for on the backs of the very people who make the economy work.