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Started By
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I don't see things working out too well economically for the EU.
Posted on 6/1/17 at 11:29 pm
Posted on 6/1/17 at 11:29 pm
First they are on the verge of losing €18 billion per year due to Brexit.
Second Trump just sent the message to NATO nations pay the frick up.
Third where are they going to get the cash to dump into the Paris Accord Green Fund?
I see a very austere future for EU countries whether intended or not. It's coming.
Second Trump just sent the message to NATO nations pay the frick up.
Third where are they going to get the cash to dump into the Paris Accord Green Fund?
I see a very austere future for EU countries whether intended or not. It's coming.
7
Posted on 6/1/17 at 11:30 pm to GumboPot
Good.
I'm tired of footing the bill for those socialist clowns.
I'm tired of footing the bill for those socialist clowns.
Posted on 6/1/17 at 11:31 pm to GumboPot
Germany just imported a low IQ, stone-age death cult worshipping, hopelessly inbred permanent underclass.
On purpose.
On purpose.
This post was edited on 6/1/17 at 11:32 pm
Posted on 6/1/17 at 11:33 pm to wmr
Yea but what about all the virtue they signaled. Must count for something
This post was edited on 6/1/17 at 11:34 pm
Posted on 6/1/17 at 11:34 pm to Cajunese
The shift of American production from European elites to Americans should really be great for the US economy.
Posted on 6/1/17 at 11:36 pm to GumboPot
Posted on 6/1/17 at 11:39 pm to Iosh
quote:
But first-quarter figures probably overstate the gap between the two economies
Posted on 6/1/17 at 11:40 pm to GumboPot
The EU is a MESS.
Posted on 6/1/17 at 11:40 pm to Iosh
quote:
Timely, this was in a magazine I read in a waiting room today
Still not using condoms, I see.
Posted on 6/1/17 at 11:49 pm to Errerrerrwere
Its amazing how much ignorance an ocean can separate.
Posted on 6/2/17 at 12:00 am to Iosh
quote:
LINK
Timely, this was in a magazine I read in a waiting room today
Without commenting on Trump or the OP, this was probably inevitable short-term to an extent for the EU. The dollar has been so damn strong for so long that it should have happened a year or two ago. Now we're starting to tick up interest rates, and voila.
Still, their UE is double ours without taking into account the, ahem, questionable UE accounting of Italy, Spain, Greece, and the like. Median income is still about a 1/3 less than ours; only Germany of major countries really compares in straight median income; and they lose quite a bit of distance when PPP is taken into account.
For the most part, they keep doing economically stupid shite and can't disentangle themselves from legacy issues like national labor agreements (see: France), input costs (see: Germany), or just being economic basket cases (see: Italy and Spain).
They're going to have lower interest rates for a little bit then will probably catch the tailwinds from the U.S. going up then go right back to the problems they've had for the last seven years.
This post was edited on 6/2/17 at 12:02 am
Posted on 6/2/17 at 12:11 am to GumboPot
Europe kinda scares me a bit. The last time Germany felt downtrodden and cheated, we ended up with this:
Posted on 6/2/17 at 12:26 am to AUstar
quote:
Europe kinda scares me a bit. The last time Germany felt downtrodden and cheated, we ended up with this:
Don't act like that's not what they need.
Posted on 6/2/17 at 12:37 am to GumboPot
Have you every heard of tourism man? Europe has tightened it belts before but it will always have tourism
Posted on 6/2/17 at 5:11 am to AUstar
Ehhh they can't field an army nowadays.
The EU should be worried about Russia and their influence of force.
The EU should be worried about Russia and their influence of force.
Posted on 6/2/17 at 5:24 am to GumboPot
Being an Italian and US citizen, I hope the US and Italy remain strong economic partners.
Posted on 6/2/17 at 5:41 am to AUstar
Merkel has technically accomplished more than what Germany did in WWII with the invention of the EU and never fired a shot. She basically runs the EU due to the strongest economy outside GB.
I do find her recent comments about Trump and the U.S. stating that after Trump's visit to Europe it was "clear that now the EU countries would not be able to count on the US for assistance and they would have to stand on their own"
I'm all for helping to protect EU, but that comment just proves how much the US propped up many of those governments. They SHOULD IMO be self sustaining, but as most socialists they are looking for handouts.
I do find her recent comments about Trump and the U.S. stating that after Trump's visit to Europe it was "clear that now the EU countries would not be able to count on the US for assistance and they would have to stand on their own"
I'm all for helping to protect EU, but that comment just proves how much the US propped up many of those governments. They SHOULD IMO be self sustaining, but as most socialists they are looking for handouts.
Posted on 6/2/17 at 5:50 am to Friscodog
quote:
Merkel has technically accomplished more than what Germany did in WWII with the invention of the EU
Der Fuhrer would have been delighted with these results.
Posted on 6/2/17 at 5:51 am to AbuTheMonkey
Yup we were ther liferaft so to speak and Britain to a much lesser extent
This post was edited on 6/2/17 at 5:52 am
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