I don't see Germany sucking Europe dry

Southern Europe would beg to differ

Southern Europe if anything can object to the Euro

And even then their prior policy was unsustainable

You don't create a sustainable economy by constantly nuking everyone's savings

It promotes short sightedness

Now the 2% inflation rate forces them to be more fiscally responsible

Sure, but being in a free trade zone with Germany, which also dominates the currency, means that it consistently outcompetes the Southern and Eastern states, draining them of capital and labour

Yes Germany outcompetes their manufacturing but it wouldn't eb any different if they were independent

They can't devalue their currency enough to compete on a quality level

Just on costs

And we have China etc. for cheap shit

Labour would move either way too

Because nobody is going to restrict emigration

It would be different because there could be tariffs and government subsidies, they could prioritise their own economies, they could restrict immigration, its bizarre to claim that Greeks and Italians would happily fuck their economy like that if it weren't for the EU

Tariffs become less feasable if you break up the common market

In a way it forces you to do away with protectionism in certain cases

Immigration restrictions are easier to coordinate too on a Schengn wide basis

The issue is that establishments across Europe are thoroughly rotten

Kicking the EU to break into pieces will just give you rotting pieces

I think if Southern Europe and Eastern Europe were in their own versions of the EU they'd do better, but they all become economic vassals to Germany, who needs to prop them up to perpetuate their massive trade surplus

Britain will probably demonstrate this best once out

We had our trade surplus for a while before the EU

Since we're competing on quality, not price having the weaker Euro is pretty much incosequential

In fact it makes things more expensive for us

Anyway overall it was a net benefit for everyone

The EU reinforces bad things in the economy of Europe, of course neoliberals and internationalists would reinforce them anyway, its still an inherent problem with Germany's economic position that it is causing most of the other European economies to decline to barely keep its own going.

There's a reason why even the most ardent euroskeptic parties outside Britain don't actually want to leave

They like the common market at the very least

Afaik eastern Europe's economy is doing more than fine

It's only the countries that overspent consistently which fucked up

And even those are beginning to recover

define eastern Europe

Hungary, Czechia, Slovakia, Poland and the Baltics

Lithuania is dying

Actually the emigration trend is declining

Some are starting to return

And even without Schengen I doubt they wouldn't leave

You keep saying that but i just disagree, there would be an incentive not to without free movement, so less would

The incentive would still be there just with more paperwork

Arguably some of the unskilled workers might have stayed