With the Euro at parity with the USD and the conundrum pose by a Central Bank balancing the interests of 20 nation states and their independent finance ministers makes the federal solution rather unlikely. The ECB can dodge bankruptcy by allowing its huge gold holding to be revalued at 3k-5k oz. or better yet make BTC legal tender. These solutions are also unlikely, so I expect the suicide of Europe to continue. BTW, you couldn't go wrong this past year betting against the Euro. Best of allsolutions is to end this stupid war,partition Ukraine, and get back to business, prosperity, and growth. I know it will irritate the Russophobes but it's sure better than freezing while risking a nuclear holocaust.
"Best of all solutions is to end this stupid war, partition Ukraine, and get back to business, prosperity, and growth."
It is a solution that many European leaders actually want. From Emmanuel Macron to Olaf Scholz to Mario Draghi. Obviously, it is a highly unpopular position at this stage of the war in Ukraine, but it is probably a solution that will come to the fore in due course, when both sides see that they can no longer advance or retake territory.
With the Euro at parity with the USD and the conundrum pose by a Central Bank balancing the interests of 20 nation states and their independent finance ministers makes the federal solution rather unlikely. The ECB can dodge bankruptcy by allowing its huge gold holding to be revalued at 3k-5k oz. or better yet make BTC legal tender. These solutions are also unlikely, so I expect the suicide of Europe to continue. BTW, you couldn't go wrong this past year betting against the Euro. Best of allsolutions is to end this stupid war,partition Ukraine, and get back to business, prosperity, and growth. I know it will irritate the Russophobes but it's sure better than freezing while risking a nuclear holocaust.
"Best of all solutions is to end this stupid war, partition Ukraine, and get back to business, prosperity, and growth."
It is a solution that many European leaders actually want. From Emmanuel Macron to Olaf Scholz to Mario Draghi. Obviously, it is a highly unpopular position at this stage of the war in Ukraine, but it is probably a solution that will come to the fore in due course, when both sides see that they can no longer advance or retake territory.