Despite of the J. M. Keynes’ claim: In the long run we are all dead
Euro comes to an end. A compulsory monetary unit without a nation is a contradiction. You could almost say against the natural laws.
Perhaps 2015 or 2020 after a war new responsible elites have to secure their nations again. We have to come out with a solution of a dilemma:
Then a new international monetary system will come, built on real currency rates – you could say an economic globalization. Then the nation decide for itself, if it wants to rule or it still are attracted to deficits.
A new monetary system:
November 6th 2006
J. E. Vig