The ECB just told Italy to shut up about the Euro

[PSOL]

https://www.reuters.com/article/ecb-policy-draghi/rpt-update-2-italy-must-calm-down-and-stop-questioning-the-euro-draghi-idUSL8N1WT0OD?il=0

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[Former President tack50]

Increasing expenses and lowering taxes in a highly indebted country. What could possibly go wrong?

[DavidB.]

On the one hand, it is insane that Italians wouldn't get what they voted for. On the other hand, they're part of a system that essentially forces others (like me) to pay for their demands. This is of course not a bug but a feature of the European monetary system, with more European integration and more technocracy being sold as the only feasible solution. However, the only real solution would be to end this nightmare while we still can and to gradually decrease the monetary integration of the eurozone.

[Lord Halifax]

On the one hand, it is insane that Italians wouldn't get what they voted for. On the other hand, they're part of a system that essentially forces others (like me) to pay for their demands. This is of course not a bug but a feature of the European monetary system, with more European integration and more technocracy being sold as the only feasible solution. However, the only real solution would be to end this nightmare while we still can and to gradually decrease the monetary integration of the eurozone.

The voice of reason.

[🦀🎂🦀🎂]

It feels like ten million years ago that Euroscepticism was mainly focused on the Euro.

Needless to say, this is one thing the Eurosceptics are right (although they probably have the wrong solution for me).

[DavidB.]

It feels like ten million years ago that Euroscepticism was mainly focused on the Euro.

Nobody talks about it anymore now that Greece has faded out of the picture, but it is in times of economic stability like these that we can and should reform the system. This is endlessly more risky and may well cause countries to plunge into major economic crises if done at the wrong time.