Sporočila bančnikom na bankovcih

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Thank you Igor. Slovenia sounds remarkably similar to other Southern European economies. On entry to the Euro, money flooded in on the assumption that without a standalone currency, devaluation was not possible. Problem is, the money went to the least productive areas of the economy and simply bid up the price of real estate and fixed assets. Cue a construction boom and diversion of resources away from income generating parts of the economy.
And without a sovereign currency, Slovenian products became increasingly expensive and uncompetitive. Productivity gains could not match northern Europe, and wages remain sticky, and without a currency to devalue for manufactured exports to remain price competitive, manufacturing withers on the vine.

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Uporabnik ceedevita pravi:
tisti, ki so odgovorni za krizo tega itak ne bodo prečitali.

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