mauricecano
@ Caltrade, the Euro wasn't a mistake. The mistake was implementation. You cannot have a common currency without some sort of central financial institution making fiscal policy and the ability to enforce it. Unfortunately, countries like Greece lied and used fraud to get around EU fiscal policy and now the country threatens to cause the entire currency to lose strength which hurts all EU countries, an extremely selfish move by Greece. Hopefully this crisis can pass and then the EU can take time see more to restructure to prevent such fraud or dismantle the EU all together.

But thanks to Greece's massive screw up, those of us that dabble in currency trading are making some nice cash shorting the EUR.
 
 
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