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by harperlee 1348 days ago
And in turn saw their industry unable to compete with the German one as deutsche marks stopped relatively appreciating with every german export.

By the way they didn’t just join for that, so obviously saying “don’t complain! You got what you asked for” doesn’t really make sense as an argument.

1 comments

After 20 years, everybody should really stop believing the conspiracy theory of the Germans that invent the Euro to rule them all, à la Sauron.
Perhaps read a comment twice before publicly dismissing it as childish, in case you were not able to fully grasp what you read.

The only thing I said regarding intentions is that the “Latin block” intentions portrayed above were overly simplistic.

The mechanism by which german exports sharing a currency with weaker economies makes german currency appreciate less than otherwise is not a conspiracy theory but simple, generally accepted and well understood economics.