Pat Shuff

Was Milton Friedman Right About the Euro?

It is time for Italy to devalue the lira again but they haven't got a lira. Maybe if Italy were ethnically cleansed of Italians
then there would not be need to periodically devalue. When Ireland needed the punchbowl taken away France and Germany kept spiking it through the ECB.
Now Ireland's balloon popped and is slipping beneath the waves with
Iceland.

When the work is slow in the US manufacturing Rustbelt but construction is booming in the Sunbelt, Michiganers pick up and move to Arizona. Greeks don't move to Sweden when Volvos and Saabs are selling.

Euro. No way forward, no way back.