Certainly, there is no need to agree with everything Connolly says. However, when thinking about what awaits us in the Euro area in the coming months and years, I listen to his opinion with much more respect than to the opinions of the prophets of unfounded optimism.
The Welfare State is socialism for the poor, but the monetary policy of the ECB is socialism for the rich.
We can’t deny that Polish accession to the Eurozone must involve some costs. (…) And benefits that can be achieved may reward the necessary sacrifices.