Originally Posted by Invictus69
Far from it, although the fact that both expect to solve the problems by money
printing makes them similar.
In relation to Yugoslavia, money
printing and hyperinflation played a major role in the political developments that led to the collapse of the country.
Don't want to mention what were the follow-up events
after the Weimar hyper-inflation. I am not suggesting these type of consequences, just want to illustrate that money printing does not solve problems and will never do.
In relation to the EU, we need to see who will be the first guys out (my bet is on UK) and then it becomes interesting.
EU is maybe less centralized now, but both are going in the direction of more centralization (which means less checks and balances and less accountability)
I hope you are right and I am wrong. Only time will tell.
I am sure all of us will still be be alive to see some of these historical events
happening. And hopefully observing them from a nice boat on a far away sea.
(I had to end in sailor's style)
This is an amusing aside , so I might as well respond.
Firstly the UK isn't in the EuroZone and its the Eurozone that matters.
As to who will leave, the UK will never leave , and its unlikely the conservatives will be in power next time around anyway , the UK may do a bit of renegotiation , but British and foreign business has made its point of view clear. ( and that's what counts) no one else is leaving.
Why, cause , being small and lonely is no use.
The EU will solve its problems like all systems , by muddling through , by making changes when it has too etc. its not perfect , at times its not even great , but its better then the alternative , that caused two wars thank you.