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by nutjob2
2459 days ago
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EU regulations cut both ways, but so many are good: - EU phone roaming makes travel much less stressful, independent of the cost factor, which at $0 is also great. - EU immigration rules for 3rd country partners means it only requires about 3 or 4 hours work and 51 euros in total and only proof of 6 months co-habitation. - EU mandated ESC and TPMS in cars means my bottom of the range Kia Rio had two really valuable features while maintaining a really low price. On the other hand: - I can't get a mortgage because my income is not denominated in euros because others have been burnt by cross currency loans You gain real benefits but lose flexibility. |
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this isn't the correct thread to discuss this but i'll bite - it isn't that others were burnt, it's that the banks were stupid enough to actually loan out as much money in a currency that people hadn't had income in and when the inevitable came, it was the banks that had bigger problems. i don't want the bank to lose my money if you and a few thousand others suddenly default on their mortgage at the same time.