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12 sats \ 4 replies \ @TomK OP 20 Jun \ parent \ on: SWIFT: Dollar remains king econ
You can also look at it this way: with the introduction of the euro, the German mark disappeared as a safe haven and competitive currency.
EU has lead to more problems rather than reforms. Not only German Mark but franc and Peseta, which were doing well in those times, became totally obsolete suddenly in 2002.
I think that by leaving their currency into the hands of another organisation which isn't under anyone's control, European nations lost much of their sovereignty.
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another organisation which isn't under anyone's control
Are you saying the Euro is decentralized? Cause I'm pretty sure that's not the case. ;)
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Haha! I mean that countries that are under EU do not Control it anymore.
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I know. I was just goofing around. :)
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