And the Free Trade Communists will still insist “Free Trade works”....as their fellow Free Traders....the EU...force more taxes on Cypriots to bail out the bad loans.
The real story here is that we will still have dumb as f... Free Trader Commies pushing their failed economics
Wonder what the Russians will do to screw the EU over this
Please don’t blurt out contradictory gibberish like ‘free-trade communists’ on this forum.
First: Communism is the antithesis of free trade. Communism relies on financial repression.
Free Trade (on the other hand) is economic freedom of association - you buy from and sell to whomever you wish.
Second: The EU does not subscribe to Free Trade. The EU is a customs and tariff union.
Its members face heavy barriers to trading outside of the EU. Internally they havge to deal with formidable Government intervention in the form of subsidies and vendor-financing to protected industries.
The Euro in particular is a statist strait-jacket designed to remove competition and economic freedom. Countries in the Eurozone cannot deprice their currency to make themselves competitive - and currency is half of every transaction.
Hope you find this useful.