> By that logic the US shouldn't have a single currency, either.
The US is at least somewhat willing to tax money made in California and spend the takings in Michigan. Greece or Italy gets the worst of both worlds: they can't devalue their currency to make their industries competitive with Germany, but they don't receive much share of German taxes either.
The US is at least somewhat willing to tax money made in California and spend the takings in Michigan. Greece or Italy gets the worst of both worlds: they can't devalue their currency to make their industries competitive with Germany, but they don't receive much share of German taxes either.