quarta-feira, junho 02, 2010

'The Euro Zone Has Failed'

Artigo de Václav Klaus, presidente da República Tcheca, país da melhor cerveja pilsen do mundo (o fato de te-la inventado tem seu peso). O artigo inteiro vale muito a pena, mas deixo um gostinho:

Economic growth in Europe has been slowing down since the 1960s, thanks to the increasingly damaging economic and social system which started dominating Europe at that time. The European "soziale Marktwirtschaft" is an unproductive variant of a welfare state, of state paternalism, of "leisure" society, of high taxes and low motivation to work. The existence of the euro has not reversed that trend.
[...]
The huge amount of money that Greece will receive can be divided by the number of the euro-zone inhabitants, and each person can calculate his or her own "contribution." However, the "opportunity" costs arising from the loss of a potentially higher growth rate, which is much more difficult for a non-economist to imagine, will be far more painful. I do not doubt that for political reasons this price will be paid and that the euro-zone inhabitants will never find out just how much the euro truly cost them.

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