Quote Originally Posted by Stolly View Post
You mean a bit like the economy of Utah not being the same as New York City’s, or Shanghai’s economy not being the same as Inner Mongolia’s, or Hartlepool’s economy not being the same as Hackney’s? 🤔
As I’ve said before, in the UK and the USA there are significant fiscal transfers between richer and poorer regions which compensate for imbalances within countries. This doesn’t happy to anything like the same extent within the eurozone.