USA Rushes Europe Away \ stacker news ~econ

1996 sats \ 22 comments \ @TomK 10 Feb econ

Despite all justified criticism, the US economy has clearly outperformed Europe and the eurozone in particular. clearly outperformed the eurozone. The remnants of the free market economy, which saved citizens here from the destructive work of the Davos people, still have the power in the United States that investors need to implement future projects and generate prosperity. The European Union, on the other hand, is degenerating into bureaucracy and destroying the future of an entire generation. This must finally come to an end, the Europeans must reflect on the effects of the free market economy, otherwise it will go on like this forever and the direction is clearly tilted downwards!

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100 sats \ 1 reply \ @kryptokorv1 10 Feb freebie

Yeah. Nothing changes, right/left politics for 150 years

58 sats \ 0 replies \ @TomK OP 10 Feb

We're drifting towards a stupid climate communism very fast

82 sats \ 4 replies \ @xz 10 Feb

Imagine there's some very obvious reasons for this.

One thing that strikes me as absurd, you can see U.K/E.U activity stalling in unison. Post UK exit, in a rationale world you'd be able to say, okay, we agree to disagree on a wide range of policies, but let's not keep shooting each in the foot with tit for tat prohibitive taxes.

Surprised me to learn that from the U.K, stuff can be shipped both faster from P.R.China and at no extra cost than shipping from the E.U. That's even after VAT government levy/sales tax.

I expect the infantile pro-E.U anti independent crowd in the U.K would just point to post Brexit repercussions whilst simultaneously pointing to problems of ludicrous E.U immigration policies.

When I say E.U I include the U.K, but here we are all still getting squeezed after U.S interest in meddling in Ukraine starts to fade in to the background. Mr. Boris Johnson is a war criminal, like Anthony Blair, and so who do I look to for leadership?

42 sats \ 1 reply \ @shado_op 10 Feb

Interesting point about Boris Johnson, who wasted an 80 seat majority in the House of Commons...Johnson's biography of Churchill is a great piece but it's clear he idolises him. If the rumours about destablising peace talks are true, it seems Johnson unfortunately mistook the Russian invasion of Ukraine as his personal 'Churchill' moment in history. Thousands have died. When actually, had he been following his role model, following through on Johnson's early opposition to lockdown was his moment and he blew it... And actually, Covid/Lockdown goes a long way to explaining the current european position. We basically had a temporary form of communism; everyone was paid by the government regardless of whether they did any work; healthcare and education collapsed. Unsurpisingly, this has had a massive knock on effect on the economy. The number of people who have simply exited the labour market is massive. In the UK, researchers have discovered about 5m of us are being paid not too work; whilst some of that is very genuine and those people need help, there is no way 5m are genuinely unable to work in a country where the total workforce is about 36m!
UK and Europe can no longer compete on the world stage, and as the OP points out, is seeking to regulate everyone else instead...

25 sats \ 0 replies \ @TomK OP 10 Feb

you have to do a bit of research, but Johnson clearly went to Kiev when peace negotiations with Moscow were due in April 2022. there is no interest in peace on the part of the military industrial complex

21 sats \ 0 replies \ @TomK OP 10 Feb

my friend, you speak so much from my heart thank you very much

0 sats \ 0 replies \ @clr 10 Feb

and so who do I look to for leadership?

Look into a mirror.

47 sats \ 1 reply \ @Bell_curve 10 Feb

The EU is a failed experiment especially the euro

10 sats \ 0 replies \ @TomK OP 10 Feb

It's getting worse rapidly now. They enter the phase of total control

46 sats \ 1 reply \ @kurszusz 10 Feb

European Union is like a "show-business"... I really appreciate the Hungarian prime minster (Viktor Orbán), and her politics, but I think he alone will not be enough...

25 sats \ 0 replies \ @TomK OP 10 Feb

Yep. Viktor is a good guy. Last break of the Davos crowd

46 sats \ 1 reply \ @quark 10 Feb

That chart is very self explanatory. I think it will go even worse for EU. Also the war is not helping.

0 sats \ 0 replies \ @TomK OP 10 Feb

Indeed. No room for creative interpretation any more. Especially Germany is done

46 sats \ 1 reply \ @satoshiplanet 10 Feb

Thanks for sharing mate

0 sats \ 0 replies \ @TomK OP 10 Feb

De nada. Es un desastre

21 sats \ 6 replies \ @Undisciplined 10 Feb

Still out-preforming the broader Eurozone and holding pace with UK. I know those are low bars, but clearly it could be worse.

250 sats \ 5 replies \ @TomK OP 10 Feb

I know it sounds kind of weird and unbelievable at this point in the culture war: but America will be able to recover extremely quickly from this attack of cultural Marxism if it sets the course back to a free market economy.

21 sats \ 4 replies \ @Undisciplined 10 Feb

if it sets the course back to a free market economy

There's not much appetite for that, unfortunately. People are starting to reject a lot of the dumbest leftist nonsense, but that's not the same as appreciating the importance of free markets.

28 sats \ 3 replies \ @TomK OP 10 Feb

But Florida and Texas sending signs of hope these days...

21 sats \ 2 replies \ @Undisciplined 10 Feb

True, and several other states are pretty good already.

28 sats \ 1 reply \ @TomK OP 10 Feb

When I talk to Americans and when I take a closer look at the demographic, economic and sociographic developments, from the great European distance it always seems as if healthy communities are forming and old American values of freedom and individual sovereignty are being upheld and then spreading to other regions

21 sats \ 0 replies \ @Undisciplined 10 Feb

I have that sense too, actually. It's nice to have some outside confirmation of what I'm seeing.