
Originally Posted by
M.A.D.
What? Go tell the to the richest EU states namely germany and france. This move to get ukraine to join is very puzzling. You don't get into EU unless you are financially sound lest you become an added burden to their finances. All EU member states have the same monetary policy which is determined by the ECB head Mario Draghi.
The ECB does not work the same way as that of the Fed. If you are a non-performer in the EU like greece you can fund your deficits but something has got to give. That precisely is the reason why Merkel wants Greece and other indebted nations to accept austerity in exchange for a bailout, which the greeks vehemently oppose.
Not all EU members have the same fiscal policy. And what makes it complicated is that not all EU member states have sound exports such as food, technology, etc. Some of them rely on tourism which is not really a high income business model.
If you have the same monetary policy coupled with different fiscal policy, how can you balance the whole EU economy if one is a good performer who raises taxes pretty well, who was a industrial base to speak of, who has a low unemployment because of their manufacturing base -- I am referring to germany here.
Compare it to a EU member who has high unemployment, does not practice the same work ethic like the germans, demands more benefits from the state, does not have a highly valued economy since it relies on tourism and seasonal exports like food, does not have a resilient manufacturing base -- I am talking about greece. If greece wanted the same benefits like that of germany without working for it, who is going to make up for the short fall in their fiscal policy? Obviously it would be the richer members, germany in this case. I think the same case applies to Ukraine here.
The real reason why Ukraine has been in that situation for a long time is because of its geopolitical location. It will never be stable no matter if they join the EU or Russia. The best solution would be to divide ukraine into small parts. The north and west will join the EU, while the portions closest to Russia will side with Russia.
That video has been dissed as propaganda by most ukrainians.
9gag? hahahahaha.