Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

No disagreement here, I have been "preaching" the failure of the Euro if monetary and fiscal policy are not working in tandem. Since the EU yielded its monetary reins to a bunch of bureaucrats but each state still determines its own fiscal policy (with external constraints on deficit sizes which is going to cause huge political tension in the Union), I see social chaos ahead.

Zeev