Euro - the unworkable dream
I have been writing for years in The Peter Dag Portfolio about the inconsistencies of the Euro and why the Euro will crash low productivity countries.
This is exactly what is happening!
The reason I have been right is because I was born and lived in Europe for many years. The differences in culture and power structure among European countries makes it impossible for the Euro to survive as is.
It took ten years for Germany to absorb East Germany. How can you fathom it can absorb more than 200 million people so different from East Germany? This is the real problem.
One day the European people will understand and the politicians will recognize the big mistake they made and the huge pains the European people have been enduring, chasing a grotesque and totally wrong dream.
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