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psychothumbs@lemmy.world to Europe@lemmy.mlEnglish · 2 years ago

Europe’s 15-Year Slump

www.yanisvaroufakis.eu

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Europe’s 15-Year Slump

www.yanisvaroufakis.eu

psychothumbs@lemmy.world to Europe@lemmy.mlEnglish · 2 years ago
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Europe’s 15-Year Slump - Project Syndicate op-ed - Yanis Varoufakis
www.yanisvaroufakis.eu
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The European Union’s supporters celebrate the survival of the euro, the fact that public debt is no longer the threat it was, and, crucially, that their mercantilist business model remains intact. But it has come at a steep price: Europe’s permanent stagnation and continuing fragmentation. ATHENS – Europe is languishing in a long-term economic slump whose origins […]
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