why EURO crisis so hard to solve? why US dollar can be solved so easily? For me, it is as simple as that, EURO dollar is used by 23 countries from the European. Every country has their own economy, their own diplomatic and their own culture and so on.. When everyone is making money and the wealth separate fairly, everyone is living with happy and no arguments and problems. But now, some of the countries is facing financial problem, do you think other countries will use their money to help the countries who face financial problem? The answer is NO! come on, human are greedy.. They are neither going to use their own money to help the rest nor print more money to dilute their money value. So, that's why EURO crisis is so hard to solve.
Unlike US, US can print US dollar as much as they like, because US dollar is own by US, they need not to see other countries face. It is same as Ringgit Malaysia. Malaysia will not bankrupt but only will dilute the value of the RM only if Malaysia start to print money.
The theory is as simple as that.
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