• erochichi posted an update in the group Group logo of Politics in Japan and the EarthPolitics in Japan and the Earth: 4 years, 5 months ago

    Well, i haven`t followed that much in recent weeks, but everybody knows Euro as currency is now in it`s final phase of death struggle. I only hope that we won`t get too strict border & trade control among European countries, when they are back in own currencies. My country, Sweden is said to have strong own currency, but that remains to be seen during coming convulsions of monetary and financial actors.
    Banks & other big financial actors certainly must be much better controlled, things have got crazier and wilder i accelerating speed during last 20 years, globally too.
    Some reeling back is needed now.
    Hopefully this crazy creative financing is over now. You can`t invest same resources that many times as recently, losses must appear somewhere.
    I have no time just now for more, hope things in North Korea, China and Taiwan stay and become calm in future.
    I am none of those who don`t think you must always bash China whether there is some new certain reason or not.
    I know there is problems, but… let`s stay peaceful, as long as possible.
    EU and Euro had too different countries, after all, which i feared ten years ago.

    • Sweden’s currency is doing much better than the dollar, so I don’t think there will much to worry about. The Eurozone will likely feel the most pain, because of the austerity they will have to undergo.


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