36 karma · joined October 4, 2021
Lira pesante Due to the lira's low value after the war economic calculations and price displays became unwieldy because of the large number of zeroes. As early as the 1950s suggestions were made to redenominate the lira but no serious efforts were made at that time. In the 1970s a plan known as lira pesante [it] (English: hard lira) or lira nuova (new lira) was proposed. The lira pesante would have redenominated the currency at 1,000:1, removing 3 zeroes. However the project went dormant for several years before being revived in 1984. Ongoing heavy inflation saw the lira pesante pushed back until it was permanently abandoned in 1991 because of plans for a single European currency.
There is no 'massive' failure in the EU to protect itself as it has no such objective nor a mandate to protect itself. It's up to individual countries to spend on their armed forces as was up to Britain to spend when it was part of it and the EU didn't stop it, it did so just fine. If the US did not exist that would have been taken into account by the member countries themselves and acted accordingly.
> Instead - UK, Turkey, Ukraine, Finland, Georgia, Switzerland will possibly join the 'expanded' EU (by another name), which will mostly be trade focused. The interesting thing about that however, the other nations, notably Spain, Italy, Greece will definitely start to wonder about 'the grass being greener' in those countries.
Spain, Italy and Greece have all joined the Eurozone (Italy is a founding member btw) for their own good reasons. If they wanted less integration they could have not adopted the Euro just like a number of other countries. People seem to forget what inflation looked like for their national currencies of these countries before getting the Euro and it was not very green.
https://en.wikipedia.org/wiki/Foreign_debt_of_the_Socialist_...
https://tradingeconomics.com/romania/gdp-per-capita
https://tradingeconomics.com/estonia/gdp-per-capita
https://tradingeconomics.com/bulgaria/gdp-per-capita
If only playing crazy could get you anything you wanted life would be so easy for good actors. He could pretend he won, pack and go home. If his propaganda machine is so strong people will eat it and even if they don't there's not much they can do about it anyway. He may just need a pyrrhic victory he can sell domestically.
You can easily end this war and any war by always surrendering.