Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
other redistribution policies are possible.

That's also true within the euro.

Within the Euro you need a qualified majority. Outside the Euro, you can impose such redistribution unilaterally.

The question comes down to whether the state or federal level in Europe is the more effective economic planning unit. And since the federal level has taken a twenty-five-year ride on the "hard money" crazy train, well...

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sat Mar 17th, 2012 at 08:17:14 PM EST
[ Parent ]

Others have rated this comment as follows:


Occasional Series