Andrea Terzi
@andreaterzi.bsky.social
Monetary macroeconomist
andreaterzi.eu
andreaterzi.eu
Let me rewrite this:
The €area is a system where larger deficit countries fund domestic demand, and smaller deficit countries rely on exports. It dramatically falls short of strategic governance with fiscal policy decentralized. If inaction continues in the midst of rising nationalism, it will fail.
The €area is a system where larger deficit countries fund domestic demand, and smaller deficit countries rely on exports. It dramatically falls short of strategic governance with fiscal policy decentralized. If inaction continues in the midst of rising nationalism, it will fail.
October 9, 2025 at 2:01 PM
Let me rewrite this:
The €area is a system where larger deficit countries fund domestic demand, and smaller deficit countries rely on exports. It dramatically falls short of strategic governance with fiscal policy decentralized. If inaction continues in the midst of rising nationalism, it will fail.
The €area is a system where larger deficit countries fund domestic demand, and smaller deficit countries rely on exports. It dramatically falls short of strategic governance with fiscal policy decentralized. If inaction continues in the midst of rising nationalism, it will fail.
May 8, 2025 at 9:35 AM