Yes, it is true, but the difference is that the US is also a fiscal union, which is not the case with the EU, making it fundamentally unworkable in its current

Yes, it is true, but the difference is that the US is also a fiscal union, which is not the case with the EU, making it fundamentally unworkable in its current state. https://blogs.imf.org/2018/02/21/the-euro-area-needs-a-fiscal-union/ https://blogs.imf.org/2018/02/21/the-euro-area-needs-a-fisca...