This 3 minute Vox piece explains some of the economic challenges of trying to run one single currency across multiple speed economies. But then it also raises another point about what would happen if the Eurozone really integrated their various economies into one Federal nation. After watching the following 3 minute video, I’m now convinced the world should stop fearing Federalism as some kind of sinister German and French imperialism. Rather, we should see it as one of the most generous and compassionate acts of national self-sacrifice in the history of nations!
Advertisements
Very interesting opinion. This is a test to see if I can log in. Geoff McKee