The Euro is a relatively infant currency, created roughly a decade ago to unite all of Europe under a go-to currency for all European countries in case you were visiting another. While the Euro maintained success for most of its' life, the days of the Euro do not look bright going forward. Why is this?
For one, while the Euro is a united currency, the political powers at be are not united. In essence, they wanted they wanted the shared wealth of the United States of America while maintaining the separation of powers between them. This worked in the past since all countries were, by and large, not in a state of fiscal crisis. The World Economic Crisis continues on, and Europe is at the forefront of it now, like the United States was when it started. Unlike the United States however, Europe wanted to keep control for themselves. So, while everyone wanted to reap the benefits of the Euro, no one wanted to own up to the responsibility for cleaning it up, if that ever occurred.
Germany is currently the only country in the EU that has the money to help out the rest of Europe now, Greece included, the ones who are really bringing the whole thing down. Germany won't be able to maintain it forever, and some point will say "nein" to yet another bailout request. When that happens, no one will be left to bail them out, since everyone left the check at the table.
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