The Slow Implosion of the European Union. Brexit sent shock waves throughout Europe because it was the beginning of the realization among Europeans that it didn’t have to be this way, life could be different and it was in their power to make it so.
submitted 3 years ago by Chipit from (takimag.com)
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[–]jet199 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 3 years ago (0 children)
The fact is you were sold a lie.
The whole point of the EU is for Germany to keep it's industrial sector and France to keep its farms. More socialist counties leaching off the more industrious ones is literally how the thing is set up to work from the beginning, it didn't just happen by accident a few years back. And the part you are missing is the industrial countries really are the ones who benefit from this as they are selling stuff to those socialists countries and they aren't just giving them money through handouts but bank loans as well. Germany is getting both the profits from the goods it sells and the interest from the loans people take out to buy that stuff. We saw this with Greece (the word brexit was taken from grexit) when they looked like they were going to crash out of the Euro. They couldn't be allowed to go bankrupt and reorganise their economy in a way that worked better for them because German banks couldn't be allowed to loan lose money (even though they knew the risks). So the whole country is going to have to live like debt slaves for the next 50 years.
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For posts about politics between countries.
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[–]jet199 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (0 children)