Why the Euro is ultimately doomed

[Doggy Styles]

Different economies may require different interest rates and this is not possible. Not all of the economies are sychronised with eachother

And they never will be. The south of England isn't even synchronised with the north!

[sasguru]

And they never will be. The south of England isn't even synchronised with the north!

It's all relative. House ownership aspirations are similar in the South and North.
Contrast with Germany and it becomes clear that Germany and the UK can never share the same interest rate. Their economies are so fundamentally different and therefore require different policies.

[Cyberman]

And they never will be. The south of England isn't even synchronised with the north!

Exactly, so try doing it with so many different economies and you really are in trouble !!

[BlasterBates]

According to that argument the USA should start breaking up its currency according to different regions.

[Liability]

According to that argument the USA should start breaking up its currency according to different regions.

similar - the NAU and Amero - which will occur within the next 8-15 years.

[Doggy Styles]

Bring back the Scottish Groat!

If I recall correctly, there were about eight Groats to the penny.

[AlfredJPruffock]

Bring back the Scottish Groat!

If I recall correctly, there were about eight Groats to the penny.

Mony a Mickle makes a Muckel

[AtW]

Europeans pay themselves too much without creating added value to match.

Says the guy who claims to work in the City!

[sasguru]

Says the guy who claims to work in the City!

I use the system to my own advantage.
HTH

[AtW]

Contrast with Germany and it becomes clear that Germany and the UK can never share the same interest rate.

Better let's protect tenants (and give them as many rights) as well as they are in Europe and then a lot of people would not get into massive debts to "own" a house.

It should not cost much just to have a place to live in - if it does then some mechanisms (construction of new homes) do not work well and it is them that need to be fixed.