GlueBear [they/them, comrade/them]@hexbear.net to news@hexbear.netEnglish · 9 months agoEurope has run out of money according to the French finance minister and might need to start using people's savingstwitter.comexternal-linkmessage-square59fedilinkarrow-up1133arrow-down10file-textcross-posted to: europe
arrow-up1133arrow-down1external-linkEurope has run out of money according to the French finance minister and might need to start using people's savingstwitter.comGlueBear [they/them, comrade/them]@hexbear.net to news@hexbear.netEnglish · 9 months agomessage-square59fedilinkfile-textcross-posted to: europe
minus-squaredavel [he/him]@hexbear.netlinkfedilinkEnglisharrow-up49·9 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.
minus-squareIzyaKatzmann [he/him]@hexbear.netlinkfedilinkEnglisharrow-up17·9 months agoyo any reading or resources you could help me out with on this?
minus-squaredavel [he/him]@hexbear.netlinkfedilinkEnglisharrow-up10·9 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.
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.