> would require things like common currencies
That would be a disaster, and would hurt the dollar and therefore US NatSec and power.
That would be a disaster, and would hurt the dollar and therefore US NatSec and power.
It's not. Cultural, language differences, asymmetric shocks, many reasons why. It would be the same catastrophe as the euro, where the euro is severely undervalued for Germany's economy, unfairly helping their exports, and severely overvalued for Greece, unfairly harming their exports.