2 ms·
The EU development was akin to putting two dozen of sardines or so into a tank along with a couple of sharks and hopping for the best. Oh, and they all get thei
by coldtea 2y ago
The EU development was akin to putting two dozen of sardines or so into a tank along with a couple of sharks and hopping for the best. Oh, and they all get their vote so it's all democratic, who cares if the shardines can be unilaterally economically and politically bullied to vote in favor of the shark'?
This tells parts of the story going back:
https://www.taylorfrancis.com/books/edit/10.4324/9781315542966/crisis-european-monetary-union-annamaria-simonazzi-andrea-ginzburg-dario-guarascio-giuseppe-celi?refId=4c677558-bd81-403c-8ad6-5d3ad38f0869&context=ubx https://www.taylorfrancis.com/books/edit/10.4324/97813155429...
If you know what to look for, you can find tons of sources on various aspects of the process, e.g:
https://www.robert-schuman.eu/en/european-issues/750-europe-s-decline-a-german-story https://www.robert-schuman.eu/en/european-issues/750-europe-...
or:
https://www.politico.eu/article/european-central-bank-nepotism-nationality-problem-christine-lagarde-mario-draghi/ https://www.politico.eu/article/european-central-bank-nepoti...