1 sat \ 1 reply \ @kilianbuhn 23 Sep \ on: has the euro been a net positive or negative? econ
"What if" scenarios for history are almost impossible to tell because you cannot account for the domino effects
A butterfly flapping its wing could have caused a tornado on the other end of the world
Not introducing the Euro could have created flourishing economics in southern europe causing everyone to be better off. Not introducing the euro could have led to more protectionism, less free trade and everyone would have been worse off
Nobody knows. It's impossible to know.
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