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Pacta sunt..? | 20 comments (20 topical, 0 editorial, 0 hidden)
Re: Pacta sunt..? (4.00 / 5)
I think the inflation story (which I personally only just realised in this thread) is even more important. Without the Euro, all the hot money that inflated the Spanish real estate bubble (and others) would have needed to stay in Germany - and it's hard to see how it would not have caused inflation in Germany...
by Metatone (metatone [a|t] gmail (dot) com) on Fri Jun 8th, 2012 at 12:28:01 PM EST
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Pacta sunt..? | 20 comments (20 topical, 0 editorial, 0 hidden)
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