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knotted ,

He literally said it’s the MMT. Lmgtfy: investopedia.com/modern-monetary-theory-mmt-45880… and it doesn’t even say that companies can’t get loans.

It just makes it harder to take on debt if you don’t control your own currency as a sovereign state. EU countries are a political union but not a clear fiscal union, with their own treasuries but also the ECB calling the shots and it means that member states can have sanctions imposed on them, like Greece for example.

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