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Macron says €300B in EU savings sent to the US every year will be invested in EU

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Re: Macron says €300B in EU savings sent to the US every year will be invested in EU

#121

Post by nine_zeros »

godzillabrennus wrote: post #40
nine_zeros wrote: post #14

Earlier quoted context omitted.

> Macron is making up numbers So is Trump. This is all just response to bullying. "I got big muscles" "Oh yeah, I got big muscles too" This all is happening because America elected a criminal clown, twice.

Let me fix that for you. This is all happening because the institutions in America failed to deliver for working-class people for over four decades, and Americans got fed up, elected a billionaire willing to be a bulldozer of those institutions and the systems that work for knowledge workers, twice.

> Let me fix that for you. This is all happening because the institutions in America failed to deliver for working-class people for over four decades, and Americans got fed up, elected a billionaire willing to be a bulldozer of those institutions and the systems that work for knowledge workers, twice.

Let me fix that for you. Billionaires conned working class into giving up everything for "low taxes". Working class suffered.

And then the same working class elected - get this - another billionaire conman - the same category that previously conned them.

Re: Macron says €300B in EU savings sent to the US every year will be invested in EU

#122

Post by downrightmike »

dmix wrote: post #58
ilikehurdles wrote: post #44

Earlier quoted context omitted.

Contrary to the implication, the Swedish fund that possibly sold $8b of its $100b worth of US Treasuries did not cite politics as its reason for doing so, and no part of the article backs up that claim. Additionally, selling out of the US dollar as the fed aimed to cut rates and as the dollar declined from historic highs against the Euro seems sensible regardless of politics. Denmark has been exiting foreign bonds fo…

To be fair, the Swedish pension fund specifically cited the US's "large budget deficits and growing government debt" for why they saw it as higher risk. That sort of thing is 100% politicians. https://www.thestandard.com.hk/wealth-and-investment/article...

Its worse than you think: The United States is currently experiencing a massive, accelerating debt crisis, with the gross federal debt surpassing $38 trillion as of late 2025.

It is growing by $1 trillion roughly every 82 days.

This debt level, which has exceeded 120% of the U.S. GDP,

Re: Macron says €300B in EU savings sent to the US every year will be invested in EU

#123

Post by clickety_clack »

Havoc wrote: post #21

TIL EU savings rate is far more than US. 18.79% vs 3.50% Guessing that's somehow counting enforced deductions off paycheques. Would be a wild difference if not. https://tradingeconomics.com/european-union/personal-savings https://tradingeconomics.com/united-states/personal-savings

The Europeans I know seem to save in actual bank savings accounts, whereas the Americans I know seem to invest their money. Maybe I'm not looking hard enough, but I can't find a description of "savings" on those charts, so I think it might be ignoring American investments. To me, they are both types of investment, one a super safe option with a low return, and the other a more risky option with a higher return.

From that Draghi paper a year ago or so, I believe part of Europe's innovation problem seems to stem from a lack of private investment by individuals in this way, so that would also align with this different philosophy on dealing with savings.

Re: Macron says €300B in EU savings sent to the US every year will be invested in EU

#124

Post by torginus »

Havoc wrote: post #21

TIL EU savings rate is far more than US. 18.79% vs 3.50% Guessing that's somehow counting enforced deductions off paycheques. Would be a wild difference if not. https://tradingeconomics.com/european-union/personal-savings https://tradingeconomics.com/united-states/personal-savings

I'd argue accumulating too much wealth compared to your salary can be a bad thing - for example, real estate compared to salary is even more expensive in Europe than the US - so the extra money doesn't go anywhere useful, you just get to pay more for the same stuff.

Also, if the US person pays less taxes, but has to pay for a bunch of services that the EU person would get for free, that means the US person has a lower savings rate, even though they're paying for the exact same stuff.

Re: Macron says €300B in EU savings sent to the US every year will be invested in EU

#125

Post by f1shy »

paganel wrote: post #115
direwolf20 wrote: post #70

Earlier quoted context omitted.

What happens to bankrupt farms? Are they converted into national forests?

Probably real estate. You also lose the tools, and the people, and the know-how.

Well that doesn’t seem to matter in another areas of the economy… meanwhile in Germany we are experiencing an historical de-industrialization. I don’t see nearly as much fuss about that.

Re: Macron says €300B in EU savings sent to the US every year will be invested in EU

#126

Post by ugh123 »

nradov wrote: post #5

Macron is making up numbers. Unless the EU member states actually impose capital controls, investors will continue to send their capital wherever it can earn the highest returns. Profitable investment opportunities in the EU remain slim and so far they seem uninterested in pursuing a growth policy.

> investors will continue to send their capital wherever it can earn the highest returns

Maybe. But they're allowed to avoid junk bonds and other "risky investments".

Re: Macron says €300B in EU savings sent to the US every year will be invested in EU

#127

Post by victorbjorklund »

matthewaveryusa wrote: post #110
victorbjorklund wrote: post #91

Earlier quoted context omitted.

> The only reason the IMF hasn't taken the reins of France yet is because France has the nuclear weapon and is the only country in the eurozone to have it, so they have some leverage with the other countries in the eurozone. First of all IMF has nothing to do with the Eurozone. And second of all, we are Europeans. We don’t threaten to bomb our neighbors if they don’t give us what we want. That’s just a Russian/Americ…

Only for the past 70 years. Before that europeans were the bomb-lobbing record holders.

Yes, that is true. In the past we were primitive like Russians/Americans.

Re: Macron says €300B in EU savings sent to the US every year will be invested in EU

#128

Post by torginus »

mrtksn wrote: post #39
Havoc wrote: post #21

TIL EU savings rate is far more than US. 18.79% vs 3.50% Guessing that's somehow counting enforced deductions off paycheques. Would be a wild difference if not. https://tradingeconomics.com/european-union/personal-savings https://tradingeconomics.com/united-states/personal-savings

Even the poorest EU countries are actually surprisingly wealthy. Bulgaria was switching to Euro on the new year’s eve and the easiest way to convert Leva to Euro was to put the money into the bank, so Bulgarian deposits reached 100B+ levas into personal accounts by November which converts to ~50B+ Euros. Which is over 10K Euros per Bulgarian adult. Not bad for the poorest country, considering that home ownership rate…

Home ownership can be a deceptive stat in Eastern Europe - many people don't register their address at the place they rent - in part because they're renting it under the table.

Tons of folks also live with their parents into their 30s.

Re: Macron says €300B in EU savings sent to the US every year will be invested in EU

#129

Post by ugh123 »

everybodyknows wrote: post #84
abirch wrote: post #19

Earlier quoted context omitted.

Unfortunately the US Dollar is devaluing. In the past year the dollar went down by 11%. That means SP 500 which has gone up 13% in the past year has only gone up 2% for a European.

The DXY dollar index: https://www.cnbc.com/quotes/.DXY?qsearchterm=dollar%20index The big move down happened March-June.

Coincides with major tariff actions by the admin
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