@NathanTankus @DavidBeckworth @XxiBorza Going to have to duck out but point of difference may be that 1992 peg breaks were sovereignty-infringing catastrophes, not sensible “economic” adjustments. EMS put you at risk of those. EMU promised to protect, if, you could eliminated redenomination risk. That was the gamble.
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…