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The biggest problem for Germany is being in the eurozone, no matter who is in power. A sovereign currency issuer, like the US, UK, Japan, etc. doesn’t have the
by drweevil 2y ago
The biggest problem for Germany is being in the eurozone, no matter who is in power. A sovereign currency issuer, like the US, UK, Japan, etc. doesn’t have the same constraints as a country that does not control its own currency. Which is why the US debt ceiling is a bogus, self-imposed limitation.