Europe's problem is that it's completely preoccupied with things like climate change and fear of new technology. All those annoying cookie messages we get on the internet now. that's the kind of thing the European union likes to focus on.
@@Martincic2010 and how much do you think a photovoltaic fab costs ? How many years to qualify a photovoltaic technology ( since we don’t actually have all that much in Europe ) ? :) otherwise do you suggest we buy everything off from china ?
@@OlorinEa This is the problem my friend, Europe needs an industrial policy like it had in the 60s/70s (and when the Soviet Union started selling gas to West Germany). You have no other option but to get along with Russia and finally stop with neo-liberalism and this involves tariffs, capital controls and some strategic state-owned companies like the surprise China is doing.
@@OlorinEa Interestingly, everyone was arguing in the 90s that NATO expansion would sooner or later provoke a war with Russia. In 2008, when George Bush announced that NATO would expand to Ukraine and Georgia (and we had the first war in Georgia in 2008 because of this). Everyone knew that there would be a war with Russia because of this, and yet it was done.
when they say 800 billion investment is needed for EU, are they creating new money or are they asking for that money from people to invest? it is important to know if they increase the M2 (EUR in existence) or what?
It is giving money to Compagnies from one hand and taking it back with the other hand. 800 billion EU represent a huge mass of taxes postponed in a near future.
Draghi report won't work.....EU has many countries that won't agree.....for instance, which countries get the money? how much does each country get from €800 billion?.......
The funds will be for investment projects, it's not just 800 billion to share out every year to the nations. A large proportion of it will be for start up companies something that's badly needed in Europe.
@@RazorMouth Yes, but each country would want its start-ups to receive the funding.....some countries would even demand equal to distribution of the money...... it is not an easy task.....
@@levinanji9649 as I said it will be on merit judged on the business case of each application. Exactly how it should be. It's to encourage entrepreneurs and give them access to funding if they have a solid idea. I'm sure there will be some limits so that it all doesn't go just just 2 or 3 nations.
@@RazorMouth lol who judges which idea is solid Germans will think that all German ideas are all solid, or the French will think all French idea is solid. And if there are limits then it's not about solid ideas then it's politics.
Europe need a European Alibaba aliexpress or ebay to put manufacturers closer to the buyers , europeu needs more innovation and and stop giving away those innovations to third countries like Europe has been doing for the last 30 years . Basically Europe build modern Chinese economy .
I live in Europe and our living standard is very low in comparison with Western Europe, we are in lower situation than many countries in the world. Unemployiment is very high, corruption, low standards in economy and industry. We live from remittances.
No! Years of suicidal money printing is the problem and this is just more of the same, it's just another kick of the can and this will delay but intensify the collapse. They should have let things collapse in 2008.
You're stupid. EU DID NOT print money, and this is why EU is in crisis. EU went full austerity. USA on the other hand DID PRINT and look what happened, they are now 2x richer than before 2008, while EU is the same. How can people be so dumb...
Italy has other problems. Ref national debt Mr Piketty proposed already a great solution. US is really in immense troubles as they have already burned their future. It's time for Europe. Act, act, act
@@RazorMouth The truth about the life of the average person in the US is completely hidden. What you see is a small group of elites in politics, the media, sports, academia etc and this is used as representation for the average person. It's a Potemkin village.
@@PMMagro I would order popcorn. 😆 Edit: I totally agree. People having money will not build the administration flows. They will not ease companies' way. They won't scale up or pump up high-tech R&D. That's socialism in a bad way.
NOPE!!! It will not! Although some of the findings are correct the measures to fix the problems are not. In fact the measures are more or less just more of the same that caused the problems initially. More over if anyone believe 800 billion debt PER YEAR is possible for the almost dead EU economy... well it has some serous mental problems ;)
If the EU needs just €800B, they can apply to Russian citizens who have right now on their bank accounts nearly the same amount. But the EU myst be hurry cause the Russian government is also seeking to take this money to finance its war against Ukraine.
more dept on top of dept to save a nation in dept (italy) under foreign occupation, why if you can create your own money, not allocate to projects in europe without giving power to few private institutes that then own......all, all through fear of being dominated
how about writing a peoples of europe constitution, instead of a govermnet of europe through judiciary, or fake equalities.....dept more dept comes with the fear of faliure be aware you might go bankrupt if you don't do......what i say......or what i want.....che tristezza
That will be the final END of EU. We have spent more money and we are still at the beginning. We have to change all these ppl at the top of EU, starting from him and UFdLinen otherwise we are DONE
What you did not mention is Europe has a baggage that the US does not have which is Eastern Europe practically very poor that needs feeding while the US is more or less levelled and their whole country has the same gdp very hard to compete like that. Ex communist countries are more or less a burden on Western European tax payers whiles being un democratic far right un productive. Name one Eastern European international brand known in the whole world does not exit at all so how can we compete when we are stuck with them???
Kentucky, West Virginia, Missouri, Mississippi... vs New York, California, Texas, Florida, Minnesota... The difference between the US and the EU is the EU member states still hate each other while everyone in the US, no matter how coo coo they come, are all still Americans. Also, to answer your last question: Dacia, UIPath...
@@michaelasamoah2390 I guess you don’t like the truth. Eastern Europe is poor many Asian countries are richer then Eastern Europe. What do you bring to the table please name one international brand?!!
@@Adnaan98-ONIIL Culture, mindset, genuine history and stories that naturally developed through centuries, just taste the variety of foods. Not copy paste droid society "become a Doctor or an Engineer are every asians biggeist dream" other than this no individality therefore everything is copy of everything. Just telling you the average eastern europian have more genuine and original thinking than any other asian, or africans, or muslims. You dont even know how to cook your national dish.
Germany france are leaders in machines medicines and that is fine also, uk with its castles high profile Royals rest turkey, spain with its amazing architecture buildings tourist industry and holland sweden, italy basically fine just needs few upgrading tweaking
Fantastic stupid with a Queen and some dwarfs. Draghi is right, but he did not save his own country, but made it bankrupt. Now we have the great chanse to make the same mistake.
Will pissing in sea raise the water levels?
Yes, actually. With enough piss.
🤣😂🤣😂🤣😂
If one pisses a lot the answer is more than obvious👆
This is precious. Subsidies in the EU are investments and investments in China are subsidies. Hmm?
Europe's problem is that it's completely preoccupied with things like climate change and fear of new technology. All those annoying cookie messages we get on the internet now. that's the kind of thing the European union likes to focus on.
Another scam
Explain?
Lol ok China. He's right.
Use nuclear power. Until you get a performing renewable there’s no sense of going any other way in the principal power mix
It takes years to build a nuclear power plant and a few billion to build it
@@Martincic2010 and how much do you think a photovoltaic fab costs ? How many years to qualify a photovoltaic technology ( since we don’t actually have all that much in Europe ) ? :) otherwise do you suggest we buy everything off from china ?
@@OlorinEa This is the problem my friend, Europe needs an industrial policy like it had in the 60s/70s (and when the Soviet Union started selling gas to West Germany). You have no other option but to get along with Russia and finally stop with neo-liberalism and this involves tariffs, capital controls and some strategic state-owned companies like the surprise China is doing.
@@OlorinEa Interestingly, everyone was arguing in the 90s that NATO expansion would sooner or later provoke a war with Russia. In 2008, when George Bush announced that NATO would expand to Ukraine and Georgia (and we had the first war in Georgia in 2008 because of this). Everyone knew that there would be a war with Russia because of this, and yet it was done.
when they say 800 billion investment is needed for EU, are they creating new money or are they asking for that money from people to invest? it is important to know if they increase the M2 (EUR in existence) or what?
It is giving money to Compagnies from one hand and taking it back with the other hand. 800 billion EU represent a huge mass of taxes postponed in a near future.
not sure about the EU, but this money will make the consultancy firms richer...
Depends on how much of that recirrent €800billion is aged pension payments. Pension reform would be essential if it is.
Risk? They have already fallen behind
Draghi report won't work.....EU has many countries that won't agree.....for instance, which countries get the money? how much does each country get from €800 billion?.......
-billions (negative)
The funds will be for investment projects, it's not just 800 billion to share out every year to the nations.
A large proportion of it will be for start up companies something that's badly needed in Europe.
@@RazorMouth Yes, but each country would want its start-ups to receive the funding.....some countries would even demand equal to distribution of the money......
it is not an easy task.....
@@levinanji9649 as I said it will be on merit judged on the business case of each application. Exactly how it should be.
It's to encourage entrepreneurs and give them access to funding if they have a solid idea.
I'm sure there will be some limits so that it all doesn't go just just 2 or 3 nations.
@@RazorMouth lol who judges which idea is solid Germans will think that all German ideas are all solid, or the French will think all French idea is solid. And if there are limits then it's not about solid ideas then it's politics.
Europe need a European Alibaba aliexpress or ebay to put manufacturers closer to the buyers , europeu needs more innovation and and stop giving away those innovations to third countries like Europe has been doing for the last 30 years .
Basically Europe build modern Chinese economy .
I live in Europe and our living standard is very low in comparison with Western Europe, we are in lower situation than many countries in the world.
Unemployiment is very high, corruption, low standards in economy and industry. We live from remittances.
No! Years of suicidal money printing is the problem and this is just more of the same, it's just another kick of the can and this will delay but intensify the collapse.
They should have let things collapse in 2008.
You're stupid. EU DID NOT print money, and this is why EU is in crisis. EU went full austerity. USA on the other hand DID PRINT and look what happened, they are now 2x richer than before 2008, while EU is the same. How can people be so dumb...
Draghi did not save Italy, but made it nearly bankrupt.
Italy has other problems. Ref national debt Mr Piketty proposed already a great solution. US is really in immense troubles as they have already burned their future.
It's time for Europe. Act, act, act
Big claims with out any evidence 😂
Then better do it soon and in more organized way.
comparing an autocracy's MO with a democratic MO. is tricky....
Give one good idea that came out of Europe recently !??
Exactly. Zilch.
Ozempic :)
Ai
Computer chips in phones
Ai
The EU is financially irresponsible. Spending money they don't have trying to achieve the unachievable.
The US does it all the time.🙄
So when did the EU spend huge sums like that apart from one offs like after the financial crash and then covid?
@@RazorMouth The US is 30 trillion in debt. How many in the US have no health care, for instance?
@@RazorMouth In the US the money goes to orgs of the elites. They are taking taxpayer money for themselves.
@@RazorMouth The truth about the life of the average person in the US is completely hidden. What you see is a small group of elites in politics, the media, sports, academia etc and this is used as representation for the average person. It's a Potemkin village.
@@RazorMouth One of my comments was deleted by YT about this topic. Shows the controlled messaging of social media.
Why the don't give it to people straight ---- and put the negative interest rate on all the money not in circulation...
The inflation could be... epic.
@@PMMagro I would order popcorn. 😆
Edit: I totally agree. People having money will not build the administration flows. They will not ease companies' way. They won't scale up or pump up high-tech R&D. That's socialism in a bad way.
NOPE!!! It will not!
Although some of the findings are correct the measures to fix the problems are not.
In fact the measures are more or less just more of the same that caused the problems initially.
More over if anyone believe 800 billion debt PER YEAR is possible for the almost dead EU economy... well it has some serous mental problems ;)
If the EU needs just €800B, they can apply to Russian citizens who have right now on their bank accounts nearly the same amount. But the EU myst be hurry cause the Russian government is also seeking to take this money to finance its war against Ukraine.
U guys should be making statements which are out of the world and not be talking about economies and war
You guy's must finish this EU project
Apply the Plan soon. No if or but
more dept on top of dept to save a nation in dept (italy) under foreign occupation, why if you can create your own money, not allocate to projects in europe without giving power to few private institutes that then own......all, all through fear of being dominated
how about writing a peoples of europe constitution, instead of a govermnet of europe through judiciary, or fake equalities.....dept more dept comes with the fear of faliure be aware you might go bankrupt if you don't do......what i say......or what i want.....che tristezza
That's crazy 🤣
That will be the final END of EU. We have spent more money and we are still at the beginning. We have to change all these ppl at the top of EU, starting from him and UFdLinen otherwise we are DONE
listening to all this you got love who wrote and created BitCOIN
Europe doesn't need basically anything except fuels as usual
Блок чейн 1брикс еustop dolar, euro, British lira stop, 🛑 блок чейн 1брикс ок 2024😊
What you did not mention is Europe has a baggage that the US does not have which is Eastern Europe practically very poor that needs feeding while the US is more or less levelled and their whole country has the same gdp very hard to compete like that. Ex communist countries are more or less a burden on Western European tax payers whiles being un democratic far right un productive. Name one Eastern European international brand known in the whole world does not exit at all so how can we compete when we are stuck with them???
Kentucky, West Virginia, Missouri, Mississippi... vs New York, California, Texas, Florida, Minnesota... The difference between the US and the EU is the EU member states still hate each other while everyone in the US, no matter how coo coo they come, are all still Americans. Also, to answer your last question: Dacia, UIPath...
Total bulshit written up there
China gradually migrated their poor to their cities to work in the factories as cheap labour.
@@michaelasamoah2390 I guess you don’t like the truth. Eastern Europe is poor many Asian countries are richer then Eastern Europe. What do you bring to the table please name one international brand?!!
@@Adnaan98-ONIIL Culture, mindset, genuine history and stories that naturally developed through centuries, just taste the variety of foods. Not copy paste droid society "become a Doctor or an Engineer are every asians biggeist dream" other than this no individality therefore everything is copy of everything. Just telling you the average eastern europian have more genuine and original thinking than any other asian, or africans, or muslims. You dont even know how to cook your national dish.
Blok cein 1briks ok 2024😊😊
Germany france are leaders in machines medicines and that is fine also, uk with its castles high profile Royals rest turkey, spain with its amazing architecture buildings tourist industry and holland sweden, italy basically fine just needs few upgrading tweaking
It will not work,just like the first time Dragy told his story..but Goldman Sachs will be happy again.
YES !!! Europe is fantastic.
Fantastic stupid with a Queen and some dwarfs. Draghi is right, but he did not save his own country, but made it bankrupt. Now we have the great chanse to make the same mistake.
OMG......roundtable! No oval ones? The White House has OVAL....
Are the Italians begging for money again?