DislikedJust imagine, if you will, if the Euro never existed. Everyone with there own currencies. Financial crisis comes and Greece damn near collapses. No Merkel to come in and help so that Greeks could complain about it. They would be out on their ass.
The only help would be the IMF. Now they would enact strict austerity in exchange for loan guarantees.
Here are some of the conditions of IMF Loans:
Some of the conditions for structural adjustment can include:
[list][*]Cutting expenditures, also known as austerity.[*]Focusing...Ignored
2008 hurt most countries, most are in recovery mode, problem is mario & merkel evolved just like a pack of hyenas, supposedly to assist countries struggling, and instead of helping they have step by step started raping and pilaging the wounded
yen, swiss are flying but countries are hurting, currency value is not corelated to economic health
I just glad eu didnt get their filthy claws in to our $798.27 gdp
If you are new to Forex? Say Goodbye to your account!!