Quote:
Originally Posted by Regorium
Because we have political unity as well as fiscal unity.
For example, Alberta basically gives billions of dollars a year to other provinces. No strings attached, because the federal government said so.
Same with the states, California or Massachusetts gives billions of dollars a year to Alabama or Kentucky.
For the Euro to work, they basically need to do the same thing - Germany should give billions of euros for free to Greece. But obviously that solution has shown to be quite unpopular.
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Alberta gives seven billion a year to quebec as a part of revenue sharing on an ongoing basis (which i disagree with) so quebec can continue it's high social spending. How is it different when germany is asked to do the same for greece?