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by gghhzzgghhzz
452 days ago
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The EU itself imposed a limit of deficit spending to 3% GDP The Eurozone included economies as diverse as Greece, Spain, Lithuania and Germany These are some of the self-contradictions I'm referring to. And the basic issue is that you cannot have a single monetary policy and impose half a fiscal policy, without political unification. And IMO that will never be squared. I suppose the new glaring contradiction is that environmental policy and net zero policy has primacy (rightly in my view), but now so does making bombs. |
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