> If one member state spends "too much" (i.e., injects "too much" money into circulation), it challenges and threatens the economic capacity of other member sta

> If one member state spends "too much" (i.e., injects "too much" money into circulation), it challenges and threatens the economic capacity of other member states because it devalues the Euro because the Euro is less scarce than it was. This would make sense if only Eurozone members were part of the Stability and Growth pact, but as it turns out, other EU countries like Sweden or Poland, which neither are part of nor intend to join Eurozone any time soon, are also subject to these very same debt limit obligations stemming from the pact. Poland in fact has its own debt limit written into its national constitution.