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To: mac_truck

Would the PIIGS nations benefit from an exit? Seems they’re part of the problem, tho nothing compared to the mass, unfettered and outrageously expensive migration into Europe.


18 posted on 06/25/2016 10:25:00 AM PDT by EDINVA
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To: EDINVA
Would the PIIGS nations benefit from an exit?

In my opinion yes, with the possible exception of Ireland. The poorer Southern countries would benefit from reverting back to a local currency which can be revalued to account for current economics. For example Greece tourism and exports would boom if their economy was valued in Drachmas rather than Euros. German appliances and French perfume would cost a fortune but that's not really a core issue.

20 posted on 06/25/2016 7:59:07 PM PDT by mac_truck (aide toi et dieu t'aidera)
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