The Eurozone is run by the cartel of private banks, which impose neoliberal austerity. Eurozone countries have abdicated their monetary sovereignty to the financial sector, which is owned & run by wealthy. Keynesianism is impossible because deficit spending is disallowed. It’s complete shit; even worse than the US Federal Reserve that it was modeled after.
The Eurozone is run by the cartel of private banks, which impose neoliberal austerity. Eurozone countries have abdicated their monetary sovereignty to the financial sector, which is owned & run by wealthy. Keynesianism is impossible because deficit spending is disallowed. It’s complete shit; even worse than the US Federal Reserve that it was modeled after.
Removed by mod
Maybe r/neoliberal would be more your speed.