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How Long Will Germany Tolerate Paying For The E U S S R?
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For more on marking an answer as the "Best Answer", please visit our FAQ.Whilst it is slightly amusing to see them in a predicament it really isnt in our interest for the EU to collapse. Nobody want a broke neighbour.
Having said that I do wonder how long the German public will put up with this. I suspect things will be ok until the German economy struggles and Germans are out of work, thenfireworks.
Having said that I do wonder how long the German public will put up with this. I suspect things will be ok until the German economy struggles and Germans are out of work, thenfireworks.
//Nope, have to disagree. We have been there before!//
Indeed, youngmaf. And they've largely achieved it.
The "coupe d’état" really came with the introduction of the single currency. The smaller nations who were allowed to participate should never have been allowed to do so and are now trapped. They have a currency that they cannot afford to use and one which they are unable to ditch. It was designed principally so that other nations could buy German goods with a currency that saw them become increasingly indebted. The financial crises in those nations (who will increase in number) will see them continually having to comply with EU (principally German) conditions in order to remain solvent. They threw their hat into the ring hoping to take part and benefit from something which was never going to be favourable for them. Unfortunately their hats have now been well and truly trodden on.
Fortunately that nice Mr Brown scotched any idea of the UK joining in that disaster. Had he not the UK would have been in a much weaker position and may not have been able to achieve a meaningful Brexit.
Indeed, youngmaf. And they've largely achieved it.
The "coupe d’état" really came with the introduction of the single currency. The smaller nations who were allowed to participate should never have been allowed to do so and are now trapped. They have a currency that they cannot afford to use and one which they are unable to ditch. It was designed principally so that other nations could buy German goods with a currency that saw them become increasingly indebted. The financial crises in those nations (who will increase in number) will see them continually having to comply with EU (principally German) conditions in order to remain solvent. They threw their hat into the ring hoping to take part and benefit from something which was never going to be favourable for them. Unfortunately their hats have now been well and truly trodden on.
Fortunately that nice Mr Brown scotched any idea of the UK joining in that disaster. Had he not the UK would have been in a much weaker position and may not have been able to achieve a meaningful Brexit.
This is not news. Germany has always paid more into the EU than any other country. It always paid more than the UK when we were a member.
The sum paid is based on the countries GDPs. The bigger the economy, the more they pay.
Now that the UK isn’t a contributor, the difference has to be made up by the other 27 countries, so everyone’s going to be paying more.
We all knew this 5 years ago in 2016.
How long will Germany contribute? A large majority of Germans (about 70%) are pro EU. So the answer to your question is probably a very long time.
The sum paid is based on the countries GDPs. The bigger the economy, the more they pay.
Now that the UK isn’t a contributor, the difference has to be made up by the other 27 countries, so everyone’s going to be paying more.
We all knew this 5 years ago in 2016.
How long will Germany contribute? A large majority of Germans (about 70%) are pro EU. So the answer to your question is probably a very long time.
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