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> Funny, I strongly believe its the reason the EU will not just survive but strive. Finally, the excuse of "all the money we have to give to the EU" is gone. So
by waihtis 5y ago
> Funny, I strongly believe its the reason the EU will not just survive but strive. Finally, the excuse of "all the money we have to give to the EU" is gone. Soon, the EU will have some taxes that only make sense on the EU level (financial transactions, or a tax on digital goods) and we're good. Besides, no national government would get the low interest rates when taking up debt that the EU combined will get, right?
We paid in 6 billion into the relief fund and are projected to get less than 3 out of it wrapped in some pre-determined financial instruments. It's like paying 10€ for a gift card that's worth 4€ and only works for some specific shops. People would call that a rubbish deal but what do I know.
In addition, our politicians lied very intentionally to us that this is a one-time fund, just for COVID purposes. Less than 2 weeks later after passing the vote in parliament, Governor of the Bank of Italy Ignazia Visco is already marketing the fund as permanent and the future of a joint monetary EU strategy.
Excuse me if I don't share your optimism on this swindle, but then again unlike us, Germany is a very likely benefactor from all of this. Because let's call it what it is - it's a redistribution of wealth into the power centers of EU obscured by lies and insane amounts of bureaucracy.
- j_wtf_all_taken 5y agoWell, the EU is pretty heterogeneous, so I would expect different politicians saying and wanting different things. Still seems like its worth it, though, on an economical level at least. England, for example, did only join the EU back then for economical reasons. Them leaving the EU now doesn't seem like an economical win (and it was probably not an decision made based on economics, I guess). So I agree that > Germany is a very likely benefactor from all of this. but I would argue that all countries in the EU are. > Because let's call it what it is - it's a redistribution of wealth into the power centers of EU obscured by lies (...) Which lies do you mean, for example? > (...) and insane amounts of bureaucracy. Well yeah. But if the EU would not manage these things, each country would have to manage them with each of the other countries, leading to much much more bureaucracy.