Response to the Euromess!!

Europe is in a financial mess right now, and it is one that is presently being worked on bit by bit.  The euro problem can then be defined as finding a way (1) to finance these imbalances in the short run (2) end the imbalances over the medium run.  Proposals are starting to rise slowly but surely to the top of the heap to try and help the current situation in Europe.  The present imbalances in finance are trying to be tackled by many economists including people such as Davies.  There are short run and medium run problems. The long run will not be a problem for the Europeans because it is believed that there will be a balance achieved for the long run, and the best way to solve problems is in the short and medium runs.  The United States does not have these sort of internal affair problems present because we have a current currency that is powered by a single and whole nation.  This is something that a lot of the European nations should try to model themselves after and create the same currency under different unified nations.