on the subject of lack of recognised expertise on the global economy, i found this from eighteen months ago:

https://forums.totalwar.org/vb/showt...post2053231412

The euro, as presently constructed is at fault, having a monetary union without a fiscal union is quite frankly retarded.

Having a fiscal union only works if your collective peopleS will accept a transfer union, to prevent imbalances tearing your 'single' economy apart.

Anyone fancy asking a hard working german how keen they will be to bail out portugal before christmas, having already bailed out ireland and greece?
Seems pretty on the money! ;)