241–250 of 286 posts
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Ukraine is not in EU and shouldn’t be there.
Looking at certain EU members friendliness towards Russia, several other states shall be kicked out...
Trade with Russia was obviously positive for the EU, as can be noticed from the economic damage and energy availability crisis.
I assume this should be good for EU economy on the long run? Like exports from EU to US are now more profitable. Or am I missing something? Can someone with more understanding/background explain how this might effect production and exports?
This is good for the European countries that export things, and bad for those who don't.
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Just to clarify for the rest; the borrower (ECB) is literally printing new money every time they give out a loan.
The ECB is printing money to give out loans to itself?
“Let's be honest here: Europe's a museum, Japan's a nursing home and China's a jail. We don't need to worry about those currencies being some kind of major threat to us.” - Larry Summers
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I think if the Russians bombed Washington State, the rest of the US would actually help defend it by attacking Russia. While the military help that the EU is giving Ukraine is great, it is far below the level that the other states would provide Washington. I know that isn't exactly your point, but you can't say that Ukraine is as intrinsic to the EU as Washington State is to the rest of the US.
> While the military help that the EU is giving Ukraine is great It seems adequate. Europe is helping Ukraine and putting pressure for a quick end to the conflict. The real question is why is the US helping so much to the point Ukraine is refusing to negotiate. Part of me thinks it’s actually advantageous to them to weaken both Russia and the EU.
KILLING AND DEATHS OF PEOPLE ARE UNACCEPTABLE. FIGHTING SHOULD BE STOPPED IMMEDIATELY AND PERMANENTLY. ALL OPEN QUESTIONS SHOULD BE SOLVED BY FAIR NEGOTIATIONS. BOTH SIDES HAVE TO BE READY FOR COMPROMISES TO SAVE LIVES. https://scientists-against-war.org/
Wow EUR/CAD is below 1.30 as well. Glad I switched (against my will) to working remotely for a California company from a German one.
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On the other hand though, the Eurozone population pretty much equals that of the US, and surely there are a bit underdeveloped US states compared to the overdeveloped ones, right? So why is the EU bad idea and the US is not?
The difference in per-capita GDP between the poorest and wealthiest US states is small compared to EU nations. I did some quick research: Luxembourg GDP Per Capita: 114,370 Ireland GDP Per Capita: 83,990 ----- Romania GDP Per Capita: 12,510 Bulgaria GDP Per Capita: 9,850 vs: New York GDP Per Capita: 93,463 ----- Mississippi GDP Per Capita: 42,411 Yes, NY transfers wealth to Mississippi but the scale of transfer and t…
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The difference in per-capita GDP between the poorest and wealthiest US states is small compared to EU nations. I did some quick research: Luxembourg GDP Per Capita: 114,370 Ireland GDP Per Capita: 83,990 ----- Romania GDP Per Capita: 12,510 Bulgaria GDP Per Capita: 9,850 vs: New York GDP Per Capita: 93,463 ----- Mississippi GDP Per Capita: 42,411 Yes, NY transfers wealth to Mississippi but the scale of transfer and t…
Luxembourg is extremely small, and Ireland's GDP is artificially high due to tax evasion by multinationals. Excluding those, the richest country in the Eurozone is Denmark, at $61000 per capita, and the poorest is Poland, at almost $16000 per capita.
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They're not wasting money. They simply don't have the massive wealth of the North to jump off from or to cushion blows. On top of that a large quantity of what they do earn is spent on interest payments to the North.
I am from the south. We are wasting money and producing too little. We don't have the massive wealth of the north because we are culturally incapable of behaving some other way.
There are pending issues related to management, but also north-enforced market control (milk cuotas come to mind) that definitely have affected the economy.
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USD to RUB Average Daily Volume Traded 100 Days: 514 Average Daily Volume Traded 200 Days: 24602 You can buy it from Russia, but you can't sell it to Russia. That is how you can buy but not sell.
But why would one buy it from Russia instead of buying it from someone trying to sell it that can't sell it to Russia? I don't understand how Russia could prevent me from selling the RUB to anyone else? If people are buying from Russia they would like to buy it for cheaper from me, no? What am I missing here?
I don't think there's a big pile of Rubles outside of Russia. If I had Rubles I would've offloaded them many months ago because there's a chance they could be completely worthless in the medium-term.