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... and other euro countries have even worse QoL than Germany. Which was able to stay afloat only due to freeriding on other nations.
by mantas 4y ago
... and other euro countries have even worse QoL than Germany. Which was able to stay afloat only due to freeriding on other nations.
- herbst 4y agoI don't think there is a single metric where quality of life in Germany is better than here in Switzerland. We also barely depend on the Euro. Also as said not all health care systems collapsed, some countries feel the energy issue way less. In these 2 points many poorer countries easily beat Germany right now. I am not the biggest fan of how the euro zone works. However reality is there are no 'free riders' every piece of land is relevant for the whole puzzle. There is no one sided money rain for poor countries as some people seem to think.
- mantas 4y agoGermany was freeriding on Ukraine's blood to get cheap energy ;) Eurozone allows Germany to freeride as well. Germany makes use of relatively cheap euro, while other countries, who do drag down euro, can't access benefits of crappy state of their economy. And Germany's strong Russian-gas-powered economy keeps euro higher than it should be. Although now it's getting corrected. Switzerland is a little bit of a special case in many regards.
- ripper1138 4y agoDoesn’t Switzerland import all of their oil and gas? Maybe they don’t need as much cause there’s less heavy industry.
- herbst 4y agoTo much definitely but there is also plenty of energy from atom and water. The small region I live in is energy independent as far as I know only from water. The main reason Switzerland isn't it full panic mode yet as some neighbors are is because the average energy price rise is not so much compared to our average income. If ex. Germans have to pay €100 more it hits them at least 2-3 times as hard than the median Swiss. Euro is falling as well, so some things are actually just getting cheaper meanwhile.