The Eurozone is fatally flawed because they share a currency but have no transfer payments between rich and poor members. So you have countries like Germany that are effectively subsidized by poorer countries.
It's been a great setup for 20 years if you've been in the German capital class, not so great for anyone else.
It's been a great setup for 20 years if you've been in the German capital class, not so great for anyone else.