The euro sure has its problems with the uneven power distributions of its users, but wouldn’t you call the same for the us dollar or the yuan for that matter? I’m sure there would chinese be provinces that tolerate their underperforming neighbors for similar political reasons.
Maybe Africa will show us what a more equitable power distribution looks like? I’d love for them to try. But I would predict that it would be vastly beneficial for capital flowing into that African union to have a stable currency. People with money usually don’t want their capital to evaporate for frivolous reasons.
Maybe Africa will show us what a more equitable power distribution looks like? I’d love for them to try. But I would predict that it would be vastly beneficial for capital flowing into that African union to have a stable currency. People with money usually don’t want their capital to evaporate for frivolous reasons.