reply on: The euro was an attack on the southern European economy \ stacker news ~econ

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31 sats \ 12 replies \ @siggy47 9 Apr \ parent \ on: The euro was an attack on the southern European economy econ

We had exchange students from Italy and Belgium. These were very smart kids from successful families. They were all very pessimistic about ever finding good paying jobs.

85 sats \ 10 replies \ @TomK OP 9 Apr

As an American, can you imagine that a gross salary of €35,000 is already tops here in Spain?

31 sats \ 9 replies \ @siggy47 9 Apr

Now I have to think the cost of living is lower, but probably not that much lower.

85 sats \ 8 replies \ @TomK OP 9 Apr

A normal house/app here in the south (150 sqm) would cost You in the city 200-300.000. Rent between 650 and 900 euros/m. Food is relatively cheap, med treatment, too.

21 sats \ 7 replies \ @siggy47 9 Apr

Pretty cheap, but everything is relative.

75 sats \ 6 replies \ @TomK OP 9 Apr

Exactly.

21 sats \ 5 replies \ @riberet19 9 Apr

In Spain we were doing well with the peseta, when we accepted the euro everything started to go wrong, I remember the change from living well and comfortably to simply making ends meet, our purchasing power was reduced considerably with the change, also In the long term I don't see any improvement on the horizon, even worst when CBDCs arrive, I wonder who is behind all this shit? Who is the thinking brain behind this garbage.