3 ms·
I would argue it's only "impossible" for the EU. The US could implement sound fiscal policy, but chooses not to. Whereas the eurozone states suffer a tragedy of
by drjesusphd 8y ago
I would argue it's only "impossible" for the EU. The US could implement sound fiscal policy, but chooses not to. Whereas the eurozone states suffer a tragedy of the commons unless the fiscal structure of the EU changes.