Was'n't the Euro established so Germany and France could become super powers? I know Britain resisted for a long time before they gave in, but yeah, it was a bad idea from the start.
. On Thu, Jul 21, 2011 at 10:26 PM, Robert Munn <cfmuns...@gmail.com> wrote: > > regardless of why, greece has no life under the euro. their obvious bailout > is to exit the euro and compete globally with a lower currency, ditching the > bad loans. so far the politicians are towing the line on the euro, but how > long will that last? > > On Thu, Jul 21, 2011 at 7:05 PM, Jerry Barnes <critic...@gmail.com> wrote: > >> >> Now, why did Greece borrow so much money? One reason was that it was overly >> generous in setting up early retirement pensions and other benefits. Then, >> one third of the population of Greece works for the government. The >> massive protests are because no one wants to lose his pension or have it >> decreased and one third of the population is worried about their jobs ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:340720 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm