So I will have a debate in a few weeks about whether the Euro should be abolished or not. I am in favor of this statement and I need some arguments against and in favor of this statement. I'm a dutchfag myself. Thanks.
The Euro
Anthony Nguyen
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Daniel Russell
read yanis Varoufakis' book "and the weak suffer what they must".
Ryder Evans
it would be almost impossible without invoking a huge financial confusion, chaos and collapse.
the euro will never go away
the EU will federalize at one moment. you can't stop it. cant wake up
Thomas Gutierrez
Just read yourself some Benjamin Franklin. He correctly pointed out that the American Revolution was fundamentally about control over one's own currency.
Then listen to Xanadu by Rush and look up Kublai Khan on wikipedia and learn about one of the earliest recorded examples of how a reformed empire can die in one lifetime by way of fiat currency.
Luke Nguyen
The Euro is now competing against the global dollar. Is it not more of a threat than say Iran?
Elijah Perry
And don't forget that school projects are never about what you told you should do, or how many pages you should write, or any of that. It's always about being the man on the stage and telling them all what you think they need to know.
Charles Ross
Prove you arent just a meme-flagging, piece of shit shill and make a second post
Hunter Edwards
fuck the euro, useless fucking trash
gay as fuck notes too
t. have to use it
Christian Ortiz
apologize for holocaust now, krautboy
Jose Morris
The Euro will absolutely be removed within 5 years. It's likely that a few countries will keep using it, for now at least. It's just the Deutschmark, after all. Expect Germany and Benelux to keep it for sure, and probably fags like Ireland too.
Aiden Nguyen
>competing
Josiah Brown
>euro will never go away
You could argue that it’ll become obsolete eventually. Under the condition, Euroland finds a better currency for trading, of course
Michael Cox
You're fighting an uphill battle arguing that. Against the common GDP/economy/market arguments you will most likely be dishing out sovereignty/national interest arguments and those are only applied when a regime change needs to happen or in the case of national interests it will always be spun back to economic growth which is now accepted as the default purpose of government; there simply isn't enough literature to go against European federalism and globalization in general since no one is paying/funding that.
The norm view of a healthy market and economy is a pyramid scheme, exponentially growing. This is what you get, economic prosperity at the cost of your original culture.
Zachary Butler
oy vhey how dare to not use the dollar goyim how dare you to have a strong indipendend courancy that is competing and destroying our petro dollar.
t.mutt
the euro will stay for that very reason. if any of you even think that europ will give in to us monopoly your strongly mistaken.
the rifts getting wider.
Nicholas Morales
The Euro was a major blow against sovereignty. Even the notes are oppressive if a socialist sort of way, with no faces, or actual places, just random "styles" of architecture of fictional monuments.
Fundamentally it is flawed because not all countries have the same GDP or wages. It is based like all things socialist on the false notion of equality. In reality, there will always be rich and poor, smart and stupid and nothing will even change this.
The Euro in therefore of an unequal value across all member nations.
Add to that control of a central European Bank over the currency issue, which if poorly managed impacts all nations that use their currency, and is therefore dangerous, as any one member countries economic downturn hugely effects the rest, though they have no say or control over what happens without more centralised government, power and control over national sovereignty. Which is exactly the idea. To destroy Nations and centrally control everyone under one authoritarian central government.
It was badly conceived, and will in all likelihood fail in coming years, which will be very messy.
Dominic Jenkins
I enjoy having a stock of sovereigns. They have so many possibilities for discussion. You can discuss the "Troy" ounce. You can discuss which sovereign is on the face, and what a "sovereign" means. You can discuss the military applications of the world's most-recognized coin. It just goes on and on.
Only the imagination is the limitation, and this can help to unlock somebody else's mind. All the while, it's 90% so you can give one to them to handle and fondle while they're wondering what it's all about. Multi-sensory exploration.
Nicholas Johnson
Argument in favor:
- the Euro system inherently favors strong economies and doesn’t allow the Med countries to devalue (as they did in the past)
- the Euro Target-2 cash transfer system isn’t asset backed, which has led to massive instabilities and imbalances - something Germans have to pay for
- the Euro is a political project and was introduced in order to overcome resentment in Europe for creating a United States of Europe... and people still don’t want that
etc.
argument against:
- the unravelling of the Euro system will inevitably be chaotic and damaging for the economy
- the Euro has benefits for cross European operators for payment transfer, e-commerce, common accounting etc.
- the Euro has been way more stable in the last 20yrs than other European currencies and the currencies that it swallowed up in 1999
- probably the least important benefit is what everyone always says: you don’t have to exchange currency in inner-European vacation travelling
Levi Morris
2/10
Cameron Perez
>stable
who is that good for, Schlomo?
Blake Jackson
Pull a switcheroo and argue for the abolishment of the EU itself, and as a consequence, the inevitability of the abolishment of the Euro