An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
People in Europe don't want debt mutualisation just like Americans don't want debt mutualisation with Mexico. People didn't understand public finances when the euro was sold to them. So let's get rid of It. If the European political elite is so smart then let them figure out good budgets for these different currencies with full employment and price stability. If they are not then let the stooges leave the stage. Let the economic nationalists take over since the internationalists have failed.
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