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Euro Is Failing, Falling, and Fuel For Continental Chaos
What it means to the worldwide economy
Right now, 1 Euro is worth 1 US dollar.
That’s historically low. For the first time in around 25 years, the Euro has dipped to that rate.
Things are not going so well in Europe. Since the pandemic broke out, things have actually only got worse on the European continent, especially when you look at the economy.
Huge amounts of money were printed after covid to cover up the economical damage. It’s no secret that that's causing big inflation, all across the continent.
On top of this comes the war in Ukraine, with uncertainties created by Russia and skyrocketing energy prices, as well as food and other commodities.
The Euro Was Poorly Designed
The countries in the Eurozone use the Euro.
This does not necessarily mean that they are members of the European Union. Look at Denmark, they are a member of the EU but use their own currency called the Danish krone.
So why are the Euro and its policies so badly designed?
In short, Europe is a large continent with more than 500 million inhabitants where different cultures flourish in their own ways. By…
