MicroWaveMar 18

Canada could join EU, French foreign minister says

https://lemmy.world/post/44418560

Canada could join EU, French foreign minister says - Lemmy.World

Lemmy

Show threadGuy IngonitoMar 18
Would love the freedom of movement but we’d need to keep the loonie.
Show threadSoggyMar 18
Just stamp a line of €1 coins with the bird on them, every EU member gets their own coin.
Show threadGuy IngonitoMar 19
It’s more that I would like to ability to devalue the currency when needed. Don’t want to end up like Greece
Show threadaloofPenguinMar 19

ELI5? I know Greece has/had economic struggles, but don’t know what part the euro played in it.

Or maybe I’m misunderstanding your comment?

E: formatting

Show threadGuy Ingonito

Joining the euro made it so greece couldn’t devalue its own currency or set its own interest rates.

Valuable economic tools that get replaced with cheap credit.

Mar 20 at 2:08pmWeb