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> The only reason the IMF hasn't taken the reins of France yet is because France has the nuclear weapon and is the only country in the eurozone to have it, so t
by embedding-shape 10mo ago
> The only reason the IMF hasn't taken the reins of France yet is because France has the nuclear weapon and is the only country in the eurozone to have it, so they have some leverage with the other countries in the eurozone.
Haha, what? How is France having nuclear weapons leverage over other countries in the Eurozone? What kind of thing do you think the Eurozone or EU even is? We don't use threats of violence against each other in negotiations. France having nuclear weapons or not matters zilch in these conversations, because we're all allies.
- triceratops 10mo ago> How is France having nuclear weapons leverage over other countries in the Eurozone? If there's one thing a bank is scared of, it's getting nuked. /s
- direwolf20 10mo agoWell they're right: The IMF routinely takes over countries that have too much debt, but it hasn't done this to France.
- thatguy0900 10mo agoI took it to mean more that europe relies on France for nuclear deterrence against outside threats so treats them with gentle gloves more than Europe is afraid of France nuking them. Right now more than ever they really need someone with nukes on their side.
- embedding-shape 10mo ago> I took it to mean more that europe relies on France for nuclear deterrence against outside threats Yeah, that tracks, re-reading with that interpretation makes it make a whole lot more sense than what I understood at first reading. Thanks a lot for helping me understanding it better!
- charamis 10mo ago> Haha, what? How is France having nuclear weapons leverage over other countries in the Eurozone? What kind of thing do you think the Eurozone or EU even is? We don't use threats of violence against each other in negotiations. France having nuclear weapons or not matters zilch in these conversations, because we're all allies. Greece says hello!
- embedding-shape 10mo ago... did I miss something? I know there is plenty of financial and institutional coercion, don't get me wrong, but violent threats between nations within the Eurozone? When did that happen / what are you referencing?