Europe Finally Admits A Monetary Union Leads To "Increased Unemployment And Social Hardship"

[BlackListedNews]

It was back in December 2012 when we summarized the biggest failing with the Eurozone: a continent in which due to the lack of a flexible currency (also known as a gift to Germany and what otherwise would be a very, very expensive Deutsche Mark) the member nations were unable to devalue their way out of depression.

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