Lew Rockwell: The Euro and the EU were a mistake

kppdsuckakppd Says:

Nov 6, 2011 - America has been in much more debt. Open a history book. After WW2, America was in more debt than it's GDP. Today, we are not. The EU is much worse off. The Euro's stability has been shaken down, and investors are backing off from it and returning to the dollar, which has been and will continue to be the global currency. If Europe fails, they go back to their country's currency. If the Dollar fails, all currencies fail, since the dollar is backing them.

6024691380 Says:

Nov 6, 2011 - did you account for federal, state and consumer debt in your comparison to WW2 indebtedness? We didn't owe foreingers the equivilant of 4 trillion after WW2... they were in debt to the USA.

syntaxed2 Says:

Nov 6, 2011 - Americas economy got a huge uplift by entering the war and historically speaking the second world war boosted USA out of the depression.Its industrial infrastructure was unharmed, as oppossed to european and japanese which laid in smoldering ruins...the UN has proposed a shift from the dollar due to its instability, no need for further comments on this, the report speaks for itself.The euro is valued almost twice the dollar and has been the most stable currency for a decade.

kppdsuckakppd Says:

Nov 7, 2011 - The Euro is on the verge of being removed as a currency. If a small country like Greece can threaten it's viability that much, when Spain and Italy go its done. America also gave Europe and Japan all the money they needed to rebuild their shattered infrastructure in the Marshall Plan. The United States leased Europe and gave Europe billions and billions of dollars to fight and recover. Europe never paid the U.S. back, accept with piss poor attitudes.

kppdsuckakppd Says:

Nov 7, 2011 - The only organization that has been trying to undermine the dollar/get it removed is the IMF. They also would amass a huge profit from it. The UN never proposed shifting away from the dollar. All they said was diversifying the world reserve with other currencies would be a good idea. I'm not wishing the Euro ill will, but its on the rocks at the moment. Its down to 1.3 dollars, not 2. The Dollar is also rapidly gaining ground.

syntaxed2 Says:

Nov 7, 2011 - Who the hell makes a statement like "the euro is on the verge of being removed" when its the worlds highest valued currency? hahahaI think you are just hurt and threatened that the us dollar is no longer the strongest currency and take it way too personally, but i digress, ive heard all of this before...and always from americans.Theres no convincing you people, even when the statistics are public on IMF and world bank.Ive had enough, go troll someone else.

kppdsuckakppd Says:

Nov 7, 2011 - Its not my opinion, its the opinion of analysts in Europe. I could care less where the dollar is on the world currency venue(even though it is still the number one reserve currency in the world, and continues to be the global currency). Who the hell makes a ridiculous statement about the dollar failing? Oh that's right, and European. Europeans have been saying the dollar will fail for years. It still hasn't It isn't trolling if its a fact.

geffel Says:

Nov 9, 2011 - Sounds like what happened here. We should have let the fucking banks go down.#Occupy!

nottyexec Says:

Nov 10, 2011 - HE  was right

HostFat Says:

Nov 10, 2011 - Bitcoin? ;)

ClarksonsinUSA Says:

Nov 12, 2011 - Russia is joke,if you have ever traveled in Europe it the Euro makes everything easier...And what caused the meltdown is ,the people of Greece elected politicians to keep taxes lower than expenditures.decade after decade...That's what caused it,don't blame the banks..Being on the gold standard would be a disaster ,the value of gold swing wildly,that's one reason we are not on the gold standard....

Fridaey13txhOktober Says:

Nov 16, 2011 - If the dollar collapse, Obama and his cronies will make sure the euro follows, simply by spite.

aviomaster Says:

Nov 17, 2011 - European Union is project of the powerful, They through Europan Union are robbing Eastern and South Eastern Europe

aviomaster Says:

Nov 17, 2011 - European Union is project of the powerful, They through European Union are robbing Eastern and South Eastern Europe

aviomaster Says:

Nov 17, 2011 - @ClarksonsinUSA - I have to reply to your comment: "the value of gold swing wildly,that's one reason we are not on the gold standard"  Swing wildly --- PRICES of goods valued in Gold stayed the same and went DOWN during last 2500 Years WHICH paper money gave you this kind of STABILITY give me ONE ????

dreakheart Says:

Nov 28, 2011 - i hope alot of danger , goes out of excistance , shoot that man ^_^ kill him atleasteuropean union a mistake ??so the united , union state of america is a mistake aswellwhat a fucking idiothonestly he disses on union even america is a united state and look at him blink so many times , he´s so nervous listen to his voicei will kill this motha fucker for this deception what a motherless mother fuckerthe euro is fine godamn i wanna kill that mothe fucker now!!!!america sucks !!

dreakheart Says:

Nov 28, 2011 - 2# Also if this motha fucker is so deep down on getting the euro down so the dollar will be increased again in value , if this is the grand master plan of it all then give me a knive ill gut rip this motha fucker infront of his family and piss in his skull and smash his piss head to pieces with a malet and feed his crushed piss head to the maggots ,fuck the dollar , fuck obama in his face kill that asshole, or ill do it for youand fuck these asshole reporters and spokesmen fucking assholes!!

dreakheart Says:

Nov 28, 2011 - 4:57 put the thumb screw on because this is how those people operate ... jezus christ what !!!!!?? what is this gay homo queer dipstick pogo homper ass wiping truck driving asslicking homosapian derp fucking asshole!!!he´s realy pushing it , if he wants to die , he needs to visit europe , RIGHT NOW!!!! and you´ll find him in a box chopped to pieces or whats left of his rotten corps!!! in a box sended to the department of american major leage fuck ups of all time, hope this dick does horrible

Adnachiel2 Says:

Dec 4, 2011 - Not trying to be mean here, but the problems of the E.U. stem from a variety of issues. At the beginning of the Euro, each country had seperate culture, economy, and governing structure. Unlike the U.S. which began as a united entity, the European Union sprang from existing countries with varying levels of wealth. I do not agree with the assertion that the E.U. is a mistake, but the implementation was not handled well. It is unfair to hate the U.S. for one man's opinion.

Efteling4Ever Says:

Dec 4, 2011 - Iraq, Afghanistan, tarp etc. etc. Now it turns out the FED has provided not 700 billion but over 7,7 trillion USD to banks at a rate of 0,01% (wtf?) and these have then purchased treasury bonds to be paid back by the US government at a rate of 3%... 7,7 trillion!!!!!. And then Americans moan about the Euro.... What a joke. Nice to be paid in USD, but if someone would pay me in EUR, I would prefer that any time. If the USD will drag and stumble on, the Euro sure as hell will be around too.

tyseibert Says:

Dec 12, 2011 - lol you think that the euro is the most valuable currency? The British pound is more valuable than the Euro. That doesn't matter though lol just because a currency is worth more doesn't mean it's stable and it doesn't mean that the economy is healthy. You obviously don't know anything about economics. The simple fact is that every economy is in shambles right now because of debt. We will all default eventually. The eurozone is an easy first target though.

tyseibert Says:

Dec 12, 2011 - lol I can't believe you're saying that the euro is the most stable currency in the past 10 years. Every country in the world holds DOLLAR reserves. Do you know why they do that? Because they believe the dollar is the safest currency because historically it has been. They don't keep gold reserves lol they keep dollar reserves which says something about the value of the dollar in their minds lol however wrong they may be.

thatsmyrail Says:

Feb 9, 2012 - I'm European and I have to agree with this man, unfortunately.

help4343 Says:

Feb 25, 2012 - Yeah, lets applaud the person that was probably the true author of the infamous newsletters.

PainSurgeon Says:

Apr 5, 2012 - the collapse of the euro is a planned part of a greater evil. Eventually a one world currency will exist. A one world government will exist. A one world democracy will not.It will affect all our lives, it will be worse than China. Gone with liberty and free speech. The world of humans is failed.