Replies to post #142780 on Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

In edit, and now doubled up on CCMP here at $65.60, that is what happen when trying to get completion of a tripl bucker yesterday (g).

I think Europe will have to face sooner or later the problem of having a centralized monetary policy and different national fiscal policies. This problem is going to create tensions that are going to grow as Europe gets deeper into an economic slowdown. Unless Europe becomes politically fully unified, I doubt that a central monetary (with "Austrian" philosophy to boot) authority and policy could survive for long.