Quote:
Originally Posted by v4 media
Nothing wrong with the EU, a lot wrong with the Euro.
Taking away a countries ability to set interest rates is a bad idea.
When Spain was booming, Germany and France weren't so interest rates kept getting cut when here they should have been going up to stop inflation.
They ran a budget surplus for years, and people just chucked money at the country, so it got spunked on stupid vanity projects. Every community had to build something they didn't really need cause the next community had built something.
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So you're happy to have your children taught English as their first language, to think of themselves as Europeans before Spanish, to have
all the major laws, taxes, Health, defense, immigration, financial policies, etc set in Strasbourg?
Because that was the dream.
One currency = One set interest rate, borrowing, spending, etc control. And without one currency, language and one set of laws the EU dream of the politicians and bureaucrats was never going to happen.
Forget about it just being about trade and commerce politicians and bureaucrats had a much bigger dream.