GlueBear [they/them, comrade/them] to news • 7 months agoEurope has run out of money according to the French finance minister and might need to start using people's savingsexternal-linkmessage-square65 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 • 7 months agomessage-square65 Commentsfedilinkfile-textcross-posted to: europe@lemmygrad.ml
minus-squaredavel [he/him]hexbear49·7 months agoThe Euro was designed by the US to fuck over Europe, and the European private banks went along with it because it put them in virtually completely control. The Eurozone was designed to foreclose on Keynesian economics and ensure neoliberalism. link
minus-squareIzyaKatzmann [he/him]hexbear17·7 months agoyo any reading or resources you could help me out with on this? link
minus-squaredavel [he/him]hexbear10·7 months agoI’ve read & heard it from Michael Hudson, Yanis Varoufakis, and Radhika Desai. Maybe the first time I heard the history of it was in an early episode of Geopolitical Economy Hour. link
The Euro was designed by the US to fuck over Europe, and the European private banks went along with it because it put them in virtually completely control.
The Eurozone was designed to foreclose on Keynesian economics and ensure neoliberalism.
yo any reading or resources you could help me out with on this?
I’ve read & heard it from Michael Hudson, Yanis Varoufakis, and Radhika Desai. Maybe the first time I heard the history of it was in an early episode of Geopolitical Economy Hour.