There’s been a lot of talk/news over at the Europe community about how a lot of Canadians want to join the EU. Not that I think it’s likely, so it was just a little silly joke.
I thought the bigger goal was to break free from the US hegemony as much as anything. If I’m way out of line in this thinking then the mods are free to remove this post.
The government has to balance the budget anyway, and devaluing your currency is a bit like peeing your pants. It’s nice and warm for a bit and then increasingly uncomfortable.
Inflation goes up, you see capital fights because you’re not a reliable currency, you increase your national debt, and you instantly make the entire population poorer than their neighbor countries.
So while there are some benefits, most economists argue against it.
I can’t say if Sweden going for the Euro is good or bad for Sweden, and there’s a paradox in asking people about it, because if the SEK is weak then support goes up, but it’s a bad time to join because of the low value, but if the SEK is strong then support goes down, although we’d be in a much position to join.
Far right nutjob, heir to a fairly big company in Sweden, candidate for AFS (Swedish version of the German AfD). Not that I wish the life out of anyone, but I honestly don’t feel very bad about this guys passing.