this is what happens when you join your currency with nations with radically different fiscal responsibility. only the nations who were clearly fiscally conservative enough should be using the euro. instead you join up with nations who spend like crazy then gets bailed out and continue to spend like crazy even though there are specific things they were supposed to spend it on. it's like having a brother who spends recklessly, everyone in the family gets screwed because mom and dad give some of the money that would have gone to you to make sure stupid brother doesn't starve
i heard in places like Italy and Greece people retire around 55 even if they don't have the money to do so. from what i've heard the PIIGS portugal italy ireland greece spain are all just really lazy as a whole and spend even if they don't have the money |
You know literally nothing about the situation here
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