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The Euro Explained: The History u0026 How Countries Join - TLDR Explains




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Title :  The Euro Explained: The History u0026 How Countries Join - TLDR Explains
Lasting :   11.17
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Views :   89 rb


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Comments The Euro Explained: The History u0026 How Countries Join - TLDR Explains



antisistimikos
Euro coin is the gun of Germans to rule Europe As a Greek i consider eurozone the biggest crime organisation brFor sure the so called greek debt crisis is fake Is a fraud ECB count as public debt the collateral bonds greek state published for banksbrHelmut Schmidt one of the co-founders of EU was very critical for what ended to be Among others EU is very racist blaming Greeks for lazy and being corruptbrI wish Greece exit eurozone and stay in EU only for it's benefit otherwise exit from EU as well
Comment from : antisistimikos


Jona Cosyns
According to international monetary economics we are not an optimal currency area (OCA) and we lose more than we gain according to it But it doesn't mean that we cannot be in the future If we cooperate and put our stupid differences and egos aside The euro can outperform single currencies enormously Right now it isn't really
Comment from : Jona Cosyns


the second silvereich
Germany 4th reich
Comment from : the second silvereich


Julia Gilbert
Hi there bCLONEBILLZ10/b 👉@ T£L€GR@// I recieved my order (counterfeit bank notes) today, very good delivery times,everything was fine,thanks,and i will be in touch to purchase again
Comment from : Julia Gilbert


Caesar Santizo
"Eurozone countries must aim to keep their nation's debt to less than 60 of GDP"brbrThe US with a 123 Debt-to-GDP ratio: that's cute
Comment from : Caesar Santizo


metiupapluch
Bulgaria is 2024
Comment from : metiupapluch


Ана Стоянова
Looks like Bulgaria is pushed to January 2024
Comment from : Ана Стоянова


Paulie Walnuts
Sterling much better
Comment from : Paulie Walnuts


naon 77
A few months ago I started collecting Euro coins, grouped by country and year I already have almost €200 in total in different currencies if anyone wants to trade, i'm available
Comment from : naon 77


Michal Frnka: Spisovatel, Traveler
The euro can only suit rich Germans with salaries that we can only dream of and that we will never have
Comment from : Michal Frnka: Spisovatel, Traveler


Michal Frnka: Spisovatel, Traveler
I am interested in the opinion of low-income EU citizens on how they live and shop with the euro I don't know a Slovak who would praise the Euro Everyone lived better with the Slovak crown The only Slovaks who are satisfied with the Euro are the rich Slovaks We do not have the Euro and I am glad for that
Comment from : Michal Frnka: Spisovatel, Traveler


Superyamky
Switching from currency to currency when going from a country to another one is kinda getting annoying to me to do that all the time
Comment from : Superyamky


Passque
The Copenhagen criteria—which even the Copenhagen establishment doesn’t agree
Comment from : Passque


School bus rides LAUSD and Zūm Services and STA
Ə
Comment from : School bus rides LAUSD and Zūm Services and STA


JFKennedy1961
When I travel to Cuba I use the euro The dollar is ban and other currencies are weaker
Comment from : JFKennedy1961


Rajeeb Satyal
bHello what's the best way to get started with trade cos I've been making my personal research for a while now and i still don't know how to start/b
Comment from : Rajeeb Satyal


Sam
Loved this video
Comment from : Sam


Jabberwocky
The euro was created so Germany would have a weaker currency so it could sell its products more cheaply
Comment from : Jabberwocky


Jan Schmitz
Czechia doesn’t want Euro just because populist in our country made from it something bad… but the population who usually travel or live near German/Austrian or Slovak border want it as our head economists… because it’s just make living in Europe better!
Comment from : Jan Schmitz


isonsky
where is the map at 10:53 from?bri wanna use it in a paper but can't seem to find it
Comment from : isonsky


nigel seymour
Can you shed any light on why 8 EU countries are still not part of the eurozone? Given Brexit, I would have thought the EU would be welcoming as many as they can to join the 'secondary' club? I recall Croatia were keen, if not desperate, to push this through being the latest addition to the 'primary' club but it all seems to have grinded to a halt brThanks
Comment from : nigel seymour


KUSHAL J MANJESH
Yes, I want to know about the pros and cons of the Euro
Comment from : KUSHAL J MANJESH


NICKYLOVE
Mr John david is the best, recommending him to all beginners who wants to recover losses like I did
Comment from : NICKYLOVE


Sean Hill
Investing in crypto is the best way to earn financial freedom
Comment from : Sean Hill


Frank Dierolf
I was 7, saw a big 2000 and a euro sign in the skybrMy bank provided me with a lot of 2Euro chocolatesbrI dont know what were the costs, but great memories
Comment from : Frank Dierolf


V3rciS
As an economist, I do like the EURO Best thing ever happened
Comment from : V3rciS


Er MD Zakir
For Knowledge STAW
Comment from : Er MD Zakir


Timo Köhler
I think we can all agree that the Euro was not a very bad idea and also not a very good idea It causesd a lot of dicciculties because economically different countries have to share a single monetary policy now, but at the same time it brought these countries closer together and created a lot of wealth and growth for europe Some places even take the Euro as standard for international ressource trade over the US Dollar, at least before the US bombs them back in Line
Comment from : Timo Köhler


Erwin Hun
I actually am an economist and there are, as usual, pros and cons and whether or not something is a good idea depends on how you measure those pros and cons against each other Personally I think the pros outweigh the cons, but one can always find special cases and situations where they do not
Comment from : Erwin Hun


Johnny Kayla
I recommended a professional broker to you guys sometime ago can I get a person who invested with her?
Comment from : Johnny Kayla


Bhagabati Rijal
我沒有歐元,因為我來自亞洲
Comment from : Bhagabati Rijal


Pan Da Yang
Since the last week of March, Mon;ero has seen exponential growth A low of $204 seen during March 25 and a high of $438 a week ago represented gains of over 110 and for the last few sessions, the rally was kept at bay under the $440-mark and some bearishness was noted in the market According to Awesome Oscillator’s red bars, momentum was on the bearish side, but the hourly timeframe did see a positive switch up A strong region of support lay at $388 and maintain this would allow for a breakout above $440 Meanwhile, ADX rested at 15 and highlighted a weak trend The 24-hour trading volumes jumped by 40 in the last 24-hours but were yet to touch $1 Billion Expect some sideways movement before the volumes jump further because the v0latility nature of the crpytO asset is a plus for trαders because it's good for trαdiing and if trαdes are placed correctly that's constant profits which in turn increases your portfolio, which is why I copy trade with Burwell Coleman because his trαde signals are the most accurate and I have been making 6btc every month for the last eight months in a row His on ահαեsαթթ (+44 7723 022159) and Gm@il (burwellcolemanfinance@gmailcom) Burwell is so good that I can attest to the accuracy of his trαde s!gnαls which is why I would recommend him for any trαder looking to stay profitable
Comment from : Pan Da Yang


Yashasha Sharma
actually i am not an economist tell me more
Comment from : Yashasha Sharma


Tim De Jong
🇪🇺🇪🇺🇪🇺🇪🇺🇪🇺🇪🇺🇪🇺🇪🇺🇪🇺🇪🇺🇪🇺🇪🇺🇪🇺🇪🇺🇪🇺brI love the Euro ! As an EU-citizen I think that it is very useful and it saves a lot of time at the borders Businesses don't need to exchange currencies anymore And also for tourists it's great ! One of the major con's is that if one economy doesn't do well (Greece) the other ones will have to pay for it and that's slows down growth and investments across Europe, but in the US it's a bit the same If Colorado doesn't do very well and California pays for it, it slows down growth and investments across California So in the end I'm still a big fan of the Euro, even though it's not perfectbr🇪🇺 🇪🇺🇪🇺🇪🇺🇪🇺🇪🇺🇪🇺🇪🇺🇪🇺🇪🇺🇪🇺🇪🇺🇪🇺🇪🇺🇪🇺
Comment from : Tim De Jong


yiannis n
I literally have no idea how i can use the euro in greece , debt is 191 of gdp and we lied to get in the eurozone in the first place
Comment from : yiannis n


Rishabh Mazumdar
UK has made a huge blunder leaving the EU soon UK will only have England and Wales Scotland and Northern Ireland are will soon leaving the UK don't believe just wait and watch
Comment from : Rishabh Mazumdar


William Kirk
How many euros could I get for 5$ American?
Comment from : William Kirk


The Maestro
5:37 I guess Greece didn't get this memo
Comment from : The Maestro


BenasNarkus
In lithuania we had "litas" but now we have euro how we call "euras"
Comment from : BenasNarkus


PoL Cd
Make a video about '' Why England, Sweden and Denmark'' said no to Euro
Comment from : PoL Cd


Martin
I'm not an economist, but John Nash was and the Euro is the closest thing to his idea money that the world has
Comment from : Martin


Sheiker5002
Nobody:brComment section in this video:br"Im something of a Economist myself"
Comment from : Sheiker5002


Adri Leemput
Living in a small country (Belgium), it is really helpful to not have to switch currency every time you drive for 3 hours brI remember my parents having different wallets for French, Dutch, German, Spanish, Italian, Austrian and Swiss currency
Comment from : Adri Leemput


Andre aziz
creating a single currency creates deliema of caculating costs of goods and services in 27 counteries,a item produced in france is different because of demand &methods
Comment from : Andre aziz


The Worst
It's interesting to read the comments on this video about the💶Euro👌🏼 I'm a numismatic from the USA and I've decided recently to start collecting foreign currency, and I wanted to collect a set of Euro dollars👍🏼 But I searched and found this video because I wanted to learn more about this concept and why most of Europe adopted one common currency💁‍♂️ Now I'm a bit more educated on the matter from watching this video and reading the comments💯✔
Comment from : The Worst


Brian janssens
The Euro has its pros and cons Its just that European politics is fucking retarded that people want to leave Here in the Netherlands, we civillians relatively pay the most taxes Seeing our government sending billions on billions on billions being sent away to other Eu countries is really worrying us brbrA billion here, A billion there, hey, lets spread billions everywhere! We dutch people are tired of it and that countries like Italy dont get their shit together We even have politicians that are gaining popularity because they think the Euro is a failed currency, only just a kids dream There is some truth to that, however i dont want to see the Euro go away because its really convenient for personal use For example: if you visit other countries you can freely use the Euro almost everywherebrbrAlso, European politics should have less power over individual countries Countries should be able to start their own projects for achieving great goals This is the main reason why people want to go out of the EU
Comment from : Brian janssens


雨月Ugetsu
The problem with the Euro is that it is ugly They should have gone with banknotes that looked like the old French francs and coins like the old Italian 50 and 100 lira They were nice
Comment from : 雨月Ugetsu


pawer nielsbroek
I like the euro
Comment from : pawer nielsbroek


Adam Korhan
Love the Euro I hate having to switch to pounds or other currencies when I get to a non euro zone country
Comment from : Adam Korhan


Koko Doynov
cool ads
Comment from : Koko Doynov


Soros W
I'm here looking for economists
Comment from : Soros W


jim abram
It’s gone, we don’t caremove on!
Comment from : jim abram


Константин Георгиев
Can't wait until my country adopts the euro in 2023 (we recently got accepted into ERM 2)
Comment from : Константин Георгиев


gokul balagopal Payyanur
Euro is an amazing system, it will help connect different European countries, which will make trade and travel easier
Comment from : gokul balagopal Payyanur


Alen Grm
I love Euro and I'm exited for Croatia to join so I won't need to change the currency every time I go there at the summer
Comment from : Alen Grm


Gawędziarz
Why we don't want to Join? Because if you don't have super strong economy it's not beneficial You simply lose a tool of monetary policy Your debt is super cheap thanks to Germany, but you cannot devalue currency The largest winner of this arrangement is Germany, because they spread around thier surplus currency value So thier exports are cheaper than they would've without EUR On the other hand it makes domestic exports of countries that would have weaker currency more expensive in relative terms So the scheme fuels German exports at the same time making imports cheaper for other countries In most EU countries with EUR you have a large trade deficit, and EUR is partly to blame You need two factors to make EUR work for you: One is trade surplus, other is currency more valuable than EUR Without both you will simply devalue German export machnie, and allow them to be more competitive or (in case like UK where you run large trade deficit) you risk a shock to economy where your imports become more expensive still
Comment from : Gawędziarz


PanglossDr
When I worked in Brussels in the 80s 3 of European turnover was wasted on currency exchangebrMuch of that money found its way to London That is why the UK has always been dead set against the Euro
Comment from : PanglossDr


Samuel Carnall
I want a video on pros and cons!
Comment from : Samuel Carnall


Paul Aiello
I think it was a good idea but I think more political integration is needed for the Euro to work more effectively and the irony is, I suspect that was the intention, political integration isn't easy but bringing the Euro in which puts more pressure on all those governments to integrate more so the currency works more effective for them all, hence why I think it's only a matter of time that more integration will happen for the Euro Zone countries brbrThis pandemic might actually speed up the process of that in ways we can't really see at the moment so the next decade is going to be very interestingbrbrAs a Brit living in the UK, it's a shame the UK didn't join the Euro because Brexit might not be happening now but on the plus side, polls are showing that 57 of Brits want to rejoin the EU and that percentage seems to be going up, at this rate and if the UK does rejoin the EU, the Euro will be part of the package
Comment from : Paul Aiello


m m
EU is a fucking joke glad the UK left EU selling you a dream lol EU is ending soon think they can bully and occupy the UK and degrade us not your fish lol and we can govern ourselves
Comment from : m m


Domen Vrankar
Well I don't know about the Euro as a whole but I tend to prefer to spend my vacation in countries that have Euro as I don't need to bother with conversions In the past 14 years among all the countries that I went to only UK, Hungary, Croatia and Bosnia were the ones that don't have Euro and I spent a lot less there (only food in shop and camps - I even ignored restaurants) as I didn't want to bother with exchange rates or value calculations in my head
Comment from : Domen Vrankar


fanfromgermany
Say it again Deutsch Mark 🤣🤩
Comment from : fanfromgermany


Frankyfrank
I see some of the people here think when a country adopts Euro you will earn more only because of it You won't Look up how much Lithuanians "love" E currency or learn Greece problems because of Euro
Comment from : Frankyfrank


Brian
The Euro is fine, but not for as many countries as are in it The problems of many European countries are mainly caused by not being able to devalue their currency to suit their economic performance The inability of the UK to stay in the preliminary stages of joining the Euro should have been a warning But if you can live with it, its's great and convenient Brian Nederland
Comment from : Brian


Matthew Mullier
I certainly don't live in a country with the euro If it wasn't for brexit, however, I would definatly support the UK joining It seems to me that people have an emotional attachment to their respecive currency, and that is why places that don't use the euro don't seem to like it
Comment from : Matthew Mullier


Patrik
tl;dr: It's fucking complicated
Comment from : Patrik


Timwi Terby
Dude, you showed West Germany with the East German flag on it
Comment from : Timwi Terby


Joel Imbergamo
The euro is sooo great, it gives stability to all the EU countries and helps reduce the now nearly useless borders between EU countries
Comment from : Joel Imbergamo


Gabriele Siino
Actually I’m not an economist, please tell me more about the pros and cons of the Euro (I can see only pros)
Comment from : Gabriele Siino


Asep Rohmandarjuara
UE/MEE pasca Brexit England Is Multipolar and Multipower Economic Global
Comment from : Asep Rohmandarjuara


Hammonds
Not exactly related to the Euro but can somebody answer a hypothetical for me What happens when UK regulation is stricter than EU law? Say for example building cladding in the wake of Grenfell While we are in the single market could a company simply ignore the UK law by sourcing an EU product which is allowed to move freely into this country and is automatically legal?
Comment from : Hammonds


Kjartan Hrafnkelsson
petition to quote prices of patreon plans and etc on the tldr news eu channel in euros considering it's the beu channel/b
Comment from : Kjartan Hrafnkelsson


Ari P
Please make a video about having a common EU army and/or how to guard borders of the EU?
Comment from : Ari P


Alex L
People without the euro don't realise the convenience of having the same currency when going on vacation or business trips No need to change money before the trip, no need to sit there and calculate what that price is in your own currency
Comment from : Alex L


Carlos Costa
The EURO really made evident the cracks in Portuguese economy and competitiveness By not being able to compete by lowering the currency value, Portugal had to compete by making better products, different products, something Basically that was when it became clear how behind and unprepared Portugal was for competing in the global market I do not blame the EURO for it, I blame bad management and lack of vision
Comment from : Carlos Costa


Carlos Osorio
the euro was one the principal problems during the sovereign debt crisis, It made it really hard for countries such as Spain or Greece to balance their budget and their trade gap If they hadn't the euro, they could just had devalued their respective currency and diminish the amount of money (in foreign currency) leaving the country Instead they had to deal with a devastating deflation, where salaries reduced and people lost their jobs
Comment from : Carlos Osorio


Ann du Crest
how the fuck did you pronounce Mitterrand?
Comment from : Ann du Crest


JoDonHo
Please hire an economist I'm sick of the excuses
Comment from : JoDonHo


Candy Candy Girl
I ♥️ €
Comment from : Candy Candy Girl


naruciakk
Technically speaking Sweden is also obliged to adopt the Euro, but, like, EC won't force them to go to ERMII, so…brAnd I really hope that Poland, Czechia and Hungary will join in the near future, because c'mon, it would be much more convenient
Comment from : naruciakk


boringlyawesum
coronavirus>open borders
Comment from : boringlyawesum


um02122
We don't care for the €, tell us more about Brexit
Comment from : um02122


Péter Sebők
Coppenhagen criteria are not concerned with economy, but rule of law, democracy and stable market economy
Comment from : Péter Sebők


Welfi
I'm no economist and wouldn't even try to understand any of itbr BUT as a citizen of Luxembourg I massively enjoy not having to change currency anytime I leave our tiny country
Comment from : Welfi


John Sanders
No thanks, not even in the slightest bit interested!
Comment from : John Sanders


teucer915
And here I thought the Euro was the best weather forecasting model
Comment from : teucer915


tsioulak
Your Cyprus icon is wrong, it's northern should be bloody red
Comment from : tsioulak


Harrone Guthrie
Lovely vid Well explained
Comment from : Harrone Guthrie



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