Quote from: thoughtfan on January 06, 2014, 10:45:48 PM

Quote from: thaaanos on January 06, 2014, 10:36:06 PM

It was the euro that enabled the mercantilistic? attack on the south....

Thank you for coming and commenting. I have to admit I really struggle with in particular the Greek and Italian electorates' mentality. I see now you truly believe your problems are caused by northern Europe and have nothing at all to do with decades of insane spending and deep political corruption in cahoots with the very wealthy whose activities were turned a blind eye to and who have by now escaped with their wealth and invested it in London properties.

Of course it was all the nasty industrial northern Europeans' fault!

lol as if Spain, Italy and Greece were born yesterday and all these problems you describe just suddently appeared the last decade and caused the crisis, while north is pristine clear without corruption and this is why they are in better shape, get real. Those problems are/were factored in in the economy for ages and took their toll, nobody claimed that it was optimal and it can be are why we can't put 2 and 2 together and find a way out of the hole we are in, It's not what put as there.

The cause is that when they created the euro it was not perfect, they did all they could do, and let future generations (of politicians) handle the problems as they arise. The rest is simply market dynamics, capital flowed from the north creating bubbles, entrenching trade deficits, and cheap debt postponing design faults to the future. Sounds familiar?