Well, the lesson takes long, but slowly it gets into the heads: can’t have a currency union without economic (and social) integration. The north/western countries also profit off a weak Euro. Nobody would buy German shit if they had to buy in Mark. That would be too expensive.
So pooling it will be one day, would’ve been saving some headaches if we already had it before the Greek crisis.
And they think the north/western countries are willing to pay for the massive debt of the south/eastern countries?
Europe is not a country, or a United States, it’s a continent made up of sovereign countries each with their own budget.
Edit:
Author: Carlos Cuerpo
Wait a minute…. I see what’s going on here!
It’s also an entity that needs to recognise the world for how it is, which might mean working even tighter together.
Well, the lesson takes long, but slowly it gets into the heads: can’t have a currency union without economic (and social) integration. The north/western countries also profit off a weak Euro. Nobody would buy German shit if they had to buy in Mark. That would be too expensive.
So pooling it will be one day, would’ve been saving some headaches if we already had it before the Greek crisis.