Quote:
Originally Posted by Paul Markham
|
paul the COSTS on a credit is the INTEREST RATE !!!
if i give you 100 and you give me 110 back than your costs havenīt been 110 it have been 10.
and what macron wants is not such a bad idea but not possible in the ACTUAL situation of the EU.
what he wants is a central finance ministery with a central budget. that is the same as the household from one country.
at the moment the EU is giving money into the hands of the countries and leave it into their responsability. that is definately WRONG ! because they can spend and spend and spend.
if EU spends this money DIRECTLY it is under control.
no corrupt politician in a country can give a contract to his cousin because he will not be the contractor.
what he wants with the EU is equality and i think this is a good idea even when germany does not like that. but i think if they want the EU they have to see it as a unit - same as EVERYBODY have to see it as a unit.
and it is also not true that germany have to guarantee the repayment. EVERY country in the EU have to guarantee that. this plan is old but UK always blocked it.
no union in the world makes sense when it is only good for the advantages. in good times and in bad time - that must be the first rule.