Why does the ECB keep the Southern European countries alive buying

>>1372959

>TFW Spain is the european country with the highest GDP growth rate at the moment.

Stop using stupid memes and learn how economics work and specially about economic policies.

tell me anon, what do germany austria and the netherlands share with the southern european countries?

could it be, oh idk, a common currency and heavily integrated economies?

no couldn't be

>>1372959
Cheap ass labor pools and manufacturing, they're all on the Euro so they cannot adjust their exchange rates in order to curb the centralization of power in places like Germany.

File: 20130217_gdp1.jpg (51KB, 852x508px) Image search: [Google]

51KB, 852x508px

>>1372970

The weird thing is that Spain doesn't grow even more with such money burnt by the ECB

>>1372978
>>1372982

But that's the point. Why don't they dismantle the Union and make another one for the solvent countries?

>>1372959
"We just thought we would let the mass media know that we're gonna leave other countries to die. It just looks good on us."

>>1372991

You really don't get it huh?

What do strong countries like Germany get? Cheap labour and they're companies can export to other countries without exchange rates risk and without custom taxes.

What are the cons? Immigration from poorer countries and carrying with countries like Greece


What do poor countries get? Strong currency and important economic ties with the EU Countries and the rest of the world (trade acts are from EU to other countries, not from a single EU country to another country).

Cons? If their economy is doing bad they won't be able to devaluate their currency in order to bypass the crisis without to much "internal damage", so they have to devaluate internly which means cheapening labour cost.


If all this sounds too difficult for you, maybe you should attend some basic economics lessons before saying what countries should and shouldn't do. I feel like nowadays everybody is manipulated from media and thinks they know a lot about economics and they don't know shit. Things are not so easy as the populist politicans say.


Nonetheless in my opinion the EU went full shit when they incorporated countries from eastern europe. Too much cons snd too few pros.

>>1372970
and italy in truth is the 3rd workhorse of eu germany france and italy (now that britcucks exit they are out)

it's not like i like them pasta eating faggots but putting them in the same league as greece and portugal is a joke.

>>1372989
have you ever been to spain?

the average work week is like 5 hours for these fucks. Nice people, but holy shit the laziest cunts, even less gets done than Italy.

Which is weird because both countries signed up for fascism at some point. Probably because they were all OK with ONE guy doing everything

Because they need country like Italy or Spain. Otherwise Euro would be too strong.
Euro too strong = bye bye shitwagen all around the world.

The main reason why Gerfagy accepted Italfagy is that in the late '90 Italian currency was garbage: having a common currency, weaker than German one, helped german quality products exportation.

>Which is weird because both countries signed up for fascism at some point. Probably because they were all OK with ONE guy doing everything

Yes, you're 100% right.

>>1373322
So the EU will turn into a modular version of China? Only instead of commie gooks slaving away, they have "weaker" countries and imported boat niggers. Bravo Merkel

>>1372959
export customers
their banks not collapsing
the euro not collapsing
the EU not collapsing
their own economy not collapsing

>>1372991
for the same reason that the USA doesnt dismantle the union and just make one for the solvent states

moron

>>1372959
because someone needs to buy the exports of northern countries

>>1373382
Hahaha

>>1372959
Because they haven't voted leave yet

>>1374189
anon you are not making sense!

the exact exchange rate does not matter to exports. it's all just a little math so long the ratios don't change it makes no difference.

what makes a difference to exports is your currency devaluing constantly or more importantly not getting more expensive.

it's the delta that matter not the v basically.