This was never about southern European states being "irresponsible" and fiscal policy.

To understand the Eurocrisis we need to understand the way balance sheets are connected and how banks in the core European banks were exposed to the US Dollar and the GFC.

I highly recommend the online tool!

Can't believe you're publicly calling me out like this 😭😭

Missing you in the 9:30 state theory session 👀

I totally agree with your point in terms of taxation though
I think it really is a question of what people (feel) they get out of it and there the anglo-saxon needs based social security system does not help making people feel like they benefit from the system the way someone in central Europe would

My econ stats agree, my personal experience somewhat doesn't. I guess the London/rest UK divide in terms of CoL is far above average and there's also a big skewing in income distribution, which is why being "middle class" in London feels a lot worse in quality of living than rest of Europe

I actually think the big problem here is (the lack of) public services and how we account for it. Living in London comes with costs of e.g. public transport which would be around 3× what it costs in most EU countries. Even worse for housing, which is notoriously underrepresented in data such as CPI

Wir schaffen das 💪🏼💪🏼

EQUALFIN @ FU 🥲🫡

Definitiv. Man merkt wirklich diese Thiel Techbro Pipeline ganz hart in diesem Interview.

Most unhinged behaviour

Openly admitting you can now just buy your way out of court cases

I mean....