2025 feels like a completely different century than 2016. Whatever reasoning there was for the UK to do its own thing then, it's obsoleted by the new realization that the biggest partner and ally of both the EU and the UK seems to have lost interest in both.
manxu
joined 3 weeks ago
The amount of trade between EU countries forces them to have an equalized exchange rate. That has been true since long before the Euro was even implemented, and the constant pressure on a particular currency that had a hard time keeping the fixed exchange rate frequently brought turmoil. If you don't believe me, just look up Black Wednesday 1992.
The Euro is just the financial manifestation of that forced equalization. A manifestation that gives consumers greater price transparency in cross border dealings. If it really had had a major role in the rise of the far right, countries that use the Euro would have seen a greater rise than those that do not, and that really doesn't seem to be the case.