I have yet to hear a satisfactory explanation as to why EU elites have doubled down so hard on austerity post-2008.
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@HeerJeet@Econ_Marshall :: Schäuble is not unique among historical#EU decision-makers in being a lawyer, with no economics training. -
@HeerJeet@Econ_Marshall :: Also, as I've been#Germansplained many times, their policy is built on idea of rule-based "#ordoliberalism".
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@HeerJeet@delong@Econ_Marshall As simple as no EZ country may print money on its own.They don't feel as one nation,hence austerity for allThanks. Twitter will use this to make your timeline better. UndoUndo
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