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Can we have Eurobonds without fiscal federalism?
we already pay taxes to pay for eurocracy, and they give grants.
who's going to buy those bonds, the hedge funds, the magic markets?
what guarantee a profit if all the eurozone -sans germany- is careening into an abyss of mismanagement and cronyism?
germany can't export enough merch to pay for the rest of yurp to run at a loss, can it?
why is the only way out offered selling more middle class lifestyles to the BRIC countries, when we know that it will create more climate chaos?
germany is a rogue state, undermining the euro while enjoying the fruits of having profited mightily from it.
other countries have done their share in undermining the project, in their own way, italy for sure through the mob, and fund swindles.
yet most of the people want a union, and not pricipally for economic reasons.
maybe i'm projecting...
"We can all be prosperous but we can't all be rich." Ian Welsh
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