Ygg2

> So first of all what crisis are we talking about here, a fiscal crisis

France is in the red and bailing it out would put require all members to pool money (unlikely) or print money (causing inflation).

If you think that printing money is free win consider that non-EU countries aren't stupid, they will demand more EUR for their goods. Which might require another round of money printing.

> And can you spell out the exact connection to

Yeah, it's called Euro Zone. Look this wasn't some deep thought. Whatever one country in EZ does impacts others through the shared currency. If say Italy and France need to be bailed out this causes EUR to depreciate (hurting importers), and if say Germany and Poland are doing extremely good it causes EUR to appreciate (hurting exporters).

> We don't have a Gambia here

Sure we do. Gambia is a real country and it could peg their currency. This happens often during crises of currency trust.

However, pegging Gambia's currency to USD only works in short terms. If their policies aren't aligned and there is no money redistributions, Gambia will sooner or later have to float their currency.

This is nutshell what France was doing (on a less apparent scale). It was pegging its weaker currency to EUR (because it's a large importer). An importer loves strong currency, but importing too much devalues your currency, which would prevent overspending because the more you import the less profitable it is to import. A similar thing happens to exporters but their currency appreciates.

> Can you without looking it up say which EU member produces the most cars per capita?

No idea, my original guess would be Poland or some poorer country. Having checked it's Germany. I don't quite see the convergence this is supposed to show.

> to freely (as freely as possible) doing business across internal EU borders, in this case

That's a nice to have, but not necessary. I count prosperity and life satisfaction more important than free trade.

Simple solution: Fine these models into the ground.

If an AI CEO starts discussing the AI as if it's the end of the world, get TLA to extradite him to a blacksite location and get a confession out of him. He's either committing securities fraud or he's omnicidal.

Any vuln leak should be treated seriously. With caveat that leaking vuln after safe disclosure period isn't prosecuted (i.e. you can't sit on vulnerability for years and years).

For outside models, they need to follow strict guidelines or else prosecution as a hostile force.

Yeah, except the CPUs are complex, you might not understand ALL the details of a working program (like randomising memory layout).

Plus not all speed-ups are made equal. Some speedups of a part of program can have no or even negative impact (as in making part of program faster slows down overall program execution).

> These are again fact-free arguments based on feelings. Who are the winners and who are the losers? Germany as a big exporter certainly doesn't look like a winner now, does it? Spain is doing better than Germany since Covid in GDP growth.

You can't just weld two different time periods while ignoring what changed in-between.

Germany around 2008 was an exporter that benefited indirectly (devalued Euro) and directly (rescuing German banks) from Greek crisis. Germany today is basically deindustrialising at a rapid pace. It's exports can't compete with Chinese nor do they have access to cheap materials, and that's disregarding tariffs on their exports.

> You still don't understand what I wrote. There is no fascist streak that would distinguish countries that adopted the euro from those that didn't.

And you don't understand what I'm conveying. Far-right and fascist voices always exist. And no, Euro isn't the only possible crisis that can happen.

But those that happen are spread and amplified. Want example of this happening? It's happening right now. France crisis turned into a France+Italy+Greece+Belgium crisis.

> And of course we need the EU markets to be converging and you can't really do that with 27 currencies and monetary policies.

You can't have them converge (also converging to what?) even with same currency! If say Gambia adopted the US dollar it wouldn't help Gambia at all. In fact quite the opposite. Only once there is a political union of US and Gambia can we talk about possibility of convergence.

    > Your thesis is that Eurozone accession enables future fascism ("Ngl joining the EuroZone (what Magyar did) is precisely the myopic decision that allows future fascist to rise to power.").

Not really. I said it creates future crises that the fascists are usually best poised to seize.

If one country in the EU experiences problems (e.g. France/Greece/Italy/Ireland), then the whole EU will experience problems (because they have the same currency).

So rather than one country in Europe having its problems and dealing with it internally, most of Europe has a problem. And worst yet, if the crisis causes the euro to devalue, it will benefit only the net exporter countries, causing massive divergence in economies of different countries.

I hope you can see how this will cause losers to be more spiteful, while making winners more arrogant. That spite is great place for various far-right monsters to spawn.

It's a myopic decision because, as you said, it definitely has some benefits for companies and consumers alike, but long-term it sentences you to joint economic pain, without relief.

    > What does that have to do with Croatian fascist leanings

It was a response to your quote:

    >  ...of the new EU members from CE, Slovenia, Croatia, Bulgaria, Slovakia, and the Baltic countries adopted the Euro and I don't identify a fascist streak there.

You obviously are not good at identifying a fascist streak.

    > Compared to what?

Stable EU states that aren't in the EZ. Like, say Norway or Switzerland.

    >  only talking points about perpetual EU crisis which are exactly what the fascist movements are pushing, so yeah.

Fascists can also talk about massive poverty. That doesn't auto-disqualify it. Their approach to solving it does.

This is slightly different from mine: either tighter EU integration or disbanding the Euro.

> You picked one state from seven, while not mentioning fascist elements in Hungary or Poland (before Tusk). Great calibration on your side.

Because I know how off mark you are about Croatian politics. Not going to wade in Bulgarian or Romanian politics that are way less on my radar. But each of them has their own flavour of - if not straight fascist then some far-right tumour.

Also, I didn't state that having your own currency is enough. It's a necessary but not sufficient condition.

What I do know all major Euro economies are experiencing constant crises that never end (Greece, Italy, Spain, France, ...). And that is excellent breeding ground for the populist movement.

Far-right appearing more business friendly is what pushes the scale in its favor.

> he's been consistently wrong for a long time.

He's also been right where it matters. Euro as a whole just produces more and more crises.

Thing is there is a sort of regression to the mean. Even if you free all the media and do some great progressive moves, if people's lives don't get easier and future shocks make your living worse, blaming past governments only helps to a point.

Hence why going to EZ for Hungary is so worrying. Nothing helped fascist thrive more in Greece than austerity. With Drahma, you have some control over fiscal policies. Not so much with Euro. You'll do what Troika says, or else!

Now both of these movements need to prove that they can lead their people better than the previous regime or the backlash will be enormous.

Ngl joining the EuroZone (what Magyar did) is precisely the myopic decision that allows future fascist to rise to power. Joining EuroZone only makes sense iff EU becomes a federation.

Not really. A biased coin doesn't need to be biased 99% (to 1%) for it to matter.

Ngl, the joke didn't land for me.

Ok, but why? Because advertising wants maximum audience. Which means you can't show horrors of war or else Nestle won't allow you to show their product banner down.

VRAM isn't RAM. Unless your postman is rendering 3D objects.