Quote:
Originally Posted by richdog
We should have joined the Euro like we were told to as well I guess? All the experts said we had to or it would be economic chaos.
The EU is a failed project. Terrible economic growth rates and mass unemployment in member states. Why on earth would we want to be part of that?
Hopefully Spain and Greece get out too so they can rebuild their economies.
Rebuild their economies? How? They can't just get out of the Euro somehow be competitive tomorrow. How are they going to do that? They dont have any important industry. They would have to build some, protect themselves with tariffs but eventually they have to import other stuff so its a zero sum game.
Or you lower your taxes and lower wages so that companies open up factories but that will only mean you relocate jobs from other countries and they won't like that.
Germany is a leading export nation and I am fine with giving money to other nations if the EU should work. It wont work very long if a few countries export much more than they import and other nations import more than they export. Between the federal states in Germany its similar. The rich ones give money to the poor ones. If you want to avoid that you have to distribute the important industries equally. If all people just think that its only ours we wont get anywhere.
And it gets worse in the future. More and more jobs will be done by machines so a lot more people wont find work although right now you could say in Germany only people who have no skills wont find any work.
Well there would be another alternative. Spanish, greek and italian youth just moves here, learns german and gets jobs which are available right now.
The rich nations can't just get richer and richer when the majority of world population suffers. We have to give something up or otherwise the migration will even be even bigger than now.
The problem is that the poor always blame the wrong people. There would be enough money if the taxes would be done properly and big firms dont have so many loopholes to reduce their taxes.