GlueBear [they/them, comrade/them] to news • 4 months agoEurope has run out of money according to the French finance minister and might need to start using people's savingsexternal-linkmessage-square66 fedilinkarrow-up1134file-textcross-posted to: europe@lemmygrad.ml
arrow-up1134external-linkEurope has run out of money according to the French finance minister and might need to start using people's savingsGlueBear [they/them, comrade/them] to news • 4 months agomessage-square66 Commentsfedilinkfile-textcross-posted to: europe@lemmygrad.ml
minus-squareCyborgMarx [any, any]hexbear63·4 months agoEurozone countries don't have currency sovereignty, that was the whole point of the Euro, to "discipline" states and prevent them from spending by putting the printing press in Frankfurt link
minus-squarequeermunist she/her@lemmy.mlhexbear52·edit-24 months agoIndividual Eurozone countries can run out of money, yes, but that's not what the finance minister said. The finance minister said "Europe" has run out of money, which is gibberish. linkfedilink
Eurozone countries don't have currency sovereignty, that was the whole point of the Euro, to "discipline" states and prevent them from spending by putting the printing press in Frankfurt
Individual Eurozone countries can run out of money, yes, but that's not what the finance minister said.
The finance minister said "Europe" has run out of money, which is gibberish.