The problem of the "Southern European economies" is then not china, but the fact that they have to compare to Germany.. They do not compare because they fail in diligence and commitment.
In my view, the Euro is not over valued. It is the "Southern economies" that are too weak, causing the Euro to be under valued.. It would be of no concern, had it not been for the fact that the "Northern economies" will have to pay for the weakness/ mistakes of the "Southern economies"..
The Euro is killing the Greek and othe Southern European economies,the Europeans have to compete with the Chinese who are making their currency weaker to grow their economy,while Europe is killing its economy with an over valued currency,unemployment in the EU is skyrocketting.
The problem of the "Southern European economies" is then not china, but the fact that they have to compare to Germany.. They do not compare because they fail in diligence and commitment.
In my view, the Euro is not over valued. It is the "Southern economies" that are too weak, causing the Euro to be under valued.. It would be of no concern, had it not been for the fact that the "Northern economies" will have to pay for the weakness/ mistakes of the "Southern economies"..
mangemang 1 year ago
The Euro is killing the Greek and othe Southern European economies,the Europeans have to compete with the Chinese who are making their currency weaker to grow their economy,while Europe is killing its economy with an over valued currency,unemployment in the EU is skyrocketting.
brown9ja 2 years ago