• 4 Posts
  • 2.18K Comments
Joined 2 years ago
cake
Cake day: July 3rd, 2023

help-circle






  • Ask Croatia, Ireland, Cyprus, Estonia, Finland, France, Germany, Latvia, Lithuania, Luxembourg, Malta, Slovakia andSlovenia if they are? Hint, they absolutely are.

    Any union with such a variety of policies will have winners and losers for every project and legislation. Sometimes that will be individuals, sometimes countries. The point is that most are better off in general and that every country is better off from the sum of policies.

    Countries have less control of their individual exchange rate. That was problematic for Greece, who underwent austerity, successfully I might add as access to the EU wide economy and trade, including (over)tourism is what’s taken them back from the brink.

    In terms of larger countries, it has been beneficial for France and Germany, less so for Italy, but also less of a problem and less of the fluctuations the lira used to suffer.




  • The currency is only one aspect and a quite recent aspect. Many other aspects of sovereignty are ceded as a condition of joining. However, the pros outweigh the cons.

    The point of the increased cooperation is that everyone is better off, with less risk of war and better protections. The EU sets many minimum standards for goods, services, interoperability and budgets, legislation, courts etc that countries cannot override.

    Death to the US is reductive and inflammatory.







  • It, of course affects pricing. If they pay $5 to apple, you pay $5 more. It’s just like Trump’s tariffs. The end user pays. Sure, the market encourages keeping prices down to attract customers, but if everyone pays a toll, you can’t compete below that.

    Now the companies can. Just like you don’t care about companies paying each other, companies don’t care where they can cut costs. Making their product cheaper, and therefore more attractive to increase sales is good for them. In this case it just happens to be good for consumers too. They may not pass on that hypothetical $5 but if they pass on $4, we’re still better off. Apple is worse off.

    I wonder how long before services are targeted for tariffs in response to Trump. It may be that prices for apps and games go back up immediately.