manxu

joined 3 weeks ago
[–] manxu@piefed.social 4 points 7 hours ago (1 children)

The amount of trade between EU countries forces them to have an equalized exchange rate. That has been true since long before the Euro was even implemented, and the constant pressure on a particular currency that had a hard time keeping the fixed exchange rate frequently brought turmoil. If you don't believe me, just look up Black Wednesday 1992.

The Euro is just the financial manifestation of that forced equalization. A manifestation that gives consumers greater price transparency in cross border dealings. If it really had had a major role in the rise of the far right, countries that use the Euro would have seen a greater rise than those that do not, and that really doesn't seem to be the case.

[–] manxu@piefed.social 6 points 17 hours ago

2025 feels like a completely different century than 2016. Whatever reasoning there was for the UK to do its own thing then, it's obsoleted by the new realization that the biggest partner and ally of both the EU and the UK seems to have lost interest in both.

[–] manxu@piefed.social 0 points 6 days ago

I think that's what the Cybertruck is for, to appeal to Conservatives. I live on the edge between blue and red counties, and down in red territory the Cybertrucks are everywhere. (Meaning I saw at least four different ones.)

[–] manxu@piefed.social 110 points 1 week ago (1 children)

Please, consider donating to archive.org. They are under assault right now, and they are the only outfit that records everything that might get lost otherwise.

[–] manxu@piefed.social 28 points 2 weeks ago (2 children)

It certainly worked during COVID. Republicans said they'd rather die than give up their unmasked freedom. Hard to ask their graves if they regret that, though.

[–] manxu@piefed.social 12 points 2 weeks ago

Sort of. A unilateral tariff generates a trade imbalance in favor of the economy imposing the tariff. By applying commensurate tariffs in the other direction, you keep the trade balance you had before the tariff was imposed.