Tuesday, June 26, 2012
For the sake of a Toilet, Europe was Lost
Or, how an economist with a Nobel Prize and a Silver Spoon in his mouth destroyed the economy of the first world just because building codes wouldn't let him place a toilet in the room he wanted it in in his Italian Villa. Yes, that's right- because Robert Mundell, back in the 1960s, couldn't get a toilet moved, he decided to give Ronald Reagan bad advice, invent the euro, and remove the power of monetary management from governments throughout the first world, resulting *directly* in massive unemployment ans social upheaval and the 1% rich getting richer while the rest of us get poorer. How is that for class warfare? I'd call the Euro the nuclear bomb of class warfare- may God have mercy on Robert Mundell's soul, because nobody else should.