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Joined 1 month ago
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Cake day: September 14th, 2026

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  • My two cents:

    Creating a monetary union without a fiscal union was a grievous macroeconomic mistake. For example, it allowed countries like mine (Germany) to abuse the shared currency to artifically lower the cost of exported goods, with the downstream effect of allowing it to “move” parts of its state debt to others, like e.g. France.

    There really are only two ways towards eventual stability: Create a fiscal union (which for all intents and purposes means turning the EU from a confederation into a sovereign state), or breaking up the monetary union.

    The latter, however, would destroy large parts of the export-dependent German economy almost overnight. It would almost certainly lead to economic suffering not seen since the Great Depression in the short-term. To steelman the argument for a moment, it could theoretically be a (state-)controlled burn to purge all those ailing German big corporations almost exclusively dependent on fossil fuels that have been refusing to innovate for more than 30 years now and be the catalyst for a rapid green transition. But there’s 0% chance of any far-right party desiring this, let alone being able to pull it of.

    So that means either we create a fiscal union, or we’re screwed with a monetary system that will continue to amplify existing problems, instead of being a tool capable of addressing them equitably.


  • The most effective form of protest workers have against owners requires no violence at all: It’s strikes, ideally a general strike. The economic damages from even one week of half of the country’s workers refusing to work would force the wealthiest permille to make concessions.

    The principal problem people in the USA have is that your hyperindividualism prevents you from developing a class consciousness with your fellow workers. Most of you are not joining unions to make them strong for collective bargaining, not standing in local elections against establishment candidates, not joining/creating local mutual self-help groups, and so on.



  • Yes, thanks for asking. Did you?

    The Budapest Memoranda do not contain “If someone else (e.g. Russia) attacks you, we will deploy our own military assets against them to defend you”, which would be the requirement for the “the USA agreed to protect Ukraine from Russia in exchange for them giving up their nukes” claim.

    I’m not a fan of the USA’s foreign policy, but there’s no need to claim they promised something they did not.




  • I don’t get why people are saying there should be a punishment.

    Being treated exactly like every other country outside the EU is not a punishment. A punishment would be demanding reparations for the damages the UK inflicted with Brexit, which you’ll note neither me nor anybody else here I could see asked for.

    […] Why not just let them leave and then realise it’s wrong when it happens and come back?

    This is what that looks like: Accept the same terms as anybody else or don’t join. There are plenty of ways to have constructive cooperations without the UK joining the EU.

    Like if a family member that I know and love hurts me and leaves, I’d eventually welcome them back and let bygones be bygones, because we are a team. But if it’s some coworker I don’t care about, I’d want to be made right for the troubles.

    “We” are not a family. The EU is a confederation. If we were a family, I would require both contrition and some form of reparations, because breaking such a much closer bond has more severe consequences.

    It’s good to let the leavers feel a taste of how bad it is to do it, but joining should always be a good thing and not a punishment.

    If the UK thinks joining on the same terms as anybody else is a punishment they are free to not join. We have way too many grandfathered-in friction-causing privileges already.