Why was the Euro a mistake, I'm not seeing how why the arguments for the EU don't work for the EURO.
Oh and can you send me all your money, you'll be richer eventually, zero sum game and all that.
Jakswan, the component nations in the EU have never had to had to reach a particular threshold economically to be able to join the Union. On the other hand, all the Eurozone nations had to match or pass certain economic requirements to join the EU.
The problem was that when all was said and done, only three European nations matched the requirements - Denmark, Germany and the UK (and only one of those economies were planning to join the club). The parameters had to be changed to allow even France into the club, and in doing so, the other weaker European economies also became eligible to join.