tisdag 16 februari 2010

Push

As Greece is crumbling over the weight of the economic crisis and its deceits some prophets of economics spell the doom for the Euro. Being just a beginner in economics I would call bull****. The poorer nations wouldn't dare leave, the Germans can't as they are more or less the head of the Euro and... well, the French I don't know. I think they even benefits from this. The Euro plummets compared to the others currencies which means that the Eurozone export goods become more competitive, better tourism and whatnot. No currency speculations that plagued Sweden and many other countries in the early 90's. Of course I would prefer if someone put an external controlling on the Greek economy until they have recovered and check it afterwards so this thing doesn't happen again.

Also, I don't see why everyone is so skeptical toward the Euro. It's the best thing the EU has made. By putting it away from the politicians and give them the goal to keep inflation around 2% without the possibility to devalue or other things, they can't make the people poorer. It's a central bank far away from populistic politicians that destroys the long-term wealth of nations for a short-sighted political gain. Everything has to do with restpructioning of organizations instead of short-cuts to make a non-functional product seem to be worth it. It's just an illusion of wealth as the people gets poorer inside their bubble when people outside the border gets richer. Damn, I sound like a hard-core right-winger.

Another thing, it seems the Winter Olympics has started. At the moment it appears we got 1 gold medal. I missed that, but I got to see the Swedish Carling team for men. And the only reason I saw that is I actually studied together with one of them in Economics and law science. And they beat the ruling champions of Great Britain. Should probably start paying attention to that. Of course, it's somewhat boring. They throw a stone, scrub in front of it hopping to be alone in a circle. It gets somewhat better if you put on the song Push by Ronnie James Dio. It's awesome.

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