Croatia to switch to euro, enter passport-free Schengen zone

Re:Croatia to switch to euro, enter passport-free Schengen zone by gghhzzgghhzz on Saturday December 31, 2022 @07:20PM (#34202196)

but the US doesn't work. It has massive regional inequality, in addition to racial and generational. There is massive household debt. It can't function without massive amounts of undocumented labour. Nearly all economic activity is done in a few cities. Many places are over populated compared to the infrastructure (unaffordable housing prices) and many places have lost all their youth. Most companies are registered in a tax haven state. etc.

It does have a single demos, which is something the EU doesn't currently have. People will accept in some way to see federal money directed (or debt guaranteed) at communities they are geographically distant to, yet feel solidarity with in some way.

I personally feel the demos issue is the key rather than the monetary policy.

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Re:Croatia to switch to euro, enter passport-free Schengen zone by gnomewrecker on Saturday December 31, 2022 @08:03PM (#34202481)

“The US doesn’t work” can only be taken as rhetorical. Perhaps you feel it doesn’t “work” well, and certainly you’ve identified serious flaws. But it’s still there ticking along… if it doesn’t work then “work” is just shorthand for “work the way I want” which isn’t particularly interesting or useful.

Separately, I’m not sure that US folks are actually any better at accepting the distribution of their taxes far afield than anyone else but I suppose that could make sense.

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Re:Croatia to switch to euro, enter passport-free Schengen zone by gghhzzgghhzz on Saturday December 31, 2022 @08:39PM (#34202699)

it wasn't necessarily meant as criticism of US, but more trying to point to issues that are relevant in the EU as it is now, or as it will be.

it is true that 'does / doesn't work' is subjective.

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