[Info-vax] HP stopping VMS paper documentation ?

[Phillip Helbig---undress to reply]

In article <jb3fsu$udd$1 at speranza.aioe.org>, glen herrmannsfeldt
<gah at ugcs.caltech.edu> writes: 

> As I understand it (maybe not very well) it is that the Euro is 
> common currency, but each government is otherwise mostly separate.

Yes.  That's the basic problem.  Another problem is that Greece LIED 
about its financial situation (and the other countries didn't look very 
closely), so never should have been able to join in the first place.

With the older EU countries, they FIRST came to a more or less equal 
level THEN joined together.  With the new countries, the order is 
reversed.  This is a mistake.  There is hope that the lower ones will 
come up to the high level, but more likely is that the best case is that 
we will meet in the middle.  Probably it will be lower down.

By the way, though it wasn't trumpeted at the time, historians are now 
clear that Germany had no choice but to join the common currency, as 
otherwise the occupying countries would not have consented to 
reunification.