Libra Failing. I told you so.
Le fracas

Libra Failing. I told you so.

Ok, so a couple of weeks ago, I made the following objections to LIBRA, and first pointing its inevitable tax-transfer between good and bad currency countries, because of the variable nature of the basket composition inside LIBRA itself. It would result in some sound countries actually cross-financing bad countries through the basked. Now is only one of the flaws of LIBRA. 

LIBRA´s flaw  

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