The Tragedy Of The Euro https://www.zerohedge.com/news/2019-01-10/tragedy-euro
My incoming thoughts were the words “borrowed times”. I tried to read the article in its entirety but failed. I failed to understand everything except that the global economy is slowing down.
One night when Das Squirrel visited home and bought dinner for us, he asked me if I felt and noticed the changes. I said, yes. There is no hopelessness but more like reflection on values and if everyone realizes what they are actually buying and investing.
The other nations were sold the project as bringing greater monetary stability than offered by their individual currencies and the reduction of cross-border transaction costs. Borrowers in formally inflationary currencies also relished the prospect of lower interest rates.”
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