The Euro Needs to go!

I am of the opinion that the Euro was created to consolidate the assets and debt that countries such as Greece, Italy and France had so that they could fund their bloated and broke governments. What I found interesting was that Great Britain did not join the Euro dance when this occurred which to me was a telling example of the strength of the Euro.

New York Times

The only country that had some liquidity was Germany: an economy I will add that was subsidized by the US government for over forty years as our forces occupied their country for that length of time. Many Germans rejoiced as US service members were leaving only to realize the economic impact we had in their country while we were there as their jobs disappeared as a result. But kudos to them as they adjusted well; after all like the US, Germany was always been known to manufacture great products. So it was just a matter of time before they dug themselves out of the hole. Now they have the dubious responsibility of helping other broke EU nations that were always broke and needed handouts in order to sustain their worthless governments.

A great deal of economic maneuvering is needed to reduce the debt issue the broke Eurozone countries have Currency will only retain its value if the consumer believes it is worth something. Once it loses that trust, the whole system will collapse.The economy of the European Union stands for almost 1/3 of the worlds´s economy. It is even larger than the US´s. I know that a lot of people talk about the rising Chinese giant, but the real economic giants right now are the US and the EU. If either fails the world is in for a huge depression. It is in the interest of all to wish for the best of our neighbors. And in today´s world we are more and more like neighbors. It is interesting to see how some users from the US speak negatively about the EU. I wonder why?