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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

#131

Post by the_mitsuhiko »

alephnerd wrote: post #119
the_mitsuhiko wrote: post #90

Earlier quoted context omitted.

By taking inspiration from the US. The US has PFIC for instance and many other reporting requirements that make it more attractive to invest in the US than abroad.

Yea, but how? The EU can barely get the Mercosur FTA out the door. How can it even attempt to make such a drastic change that would make FDI in the EU less attractive than equally large and equally onerous China? And that ignores the fact that states like Poland, Ireland, and Czechia would ferociously fight back at anything that threatens their FDI driven economies. Even Ireland opposed the Anti-Coercion Instrument […

That Europe is incapable of doing anything bold is a different topic. You don't have to tell me how fundamentally screwed we are because of the consensus issue. But Europe could, without introducing capital controls, implement something. The US did, there is no fundamental reason why Europe could not either.

It's just a question of political will

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

#133

Post by alephnerd »

victorbjorklund wrote: post #103
tchalla wrote: post #13

The EU can’t even get a Mercosur deal closed after 30 years. I think this will probably happen in another 60 years.

I thought Americans today are pro-tariffs and against free trade? US is still unable to get a free trade deal with mercosur.

OP isn't American.

It's hard to overstate how much a beating the EU's reputation took after the Mercosur fiasco.

Lula took a massive political risk to push the EU-Mercosur FTA despite the power behind the throne in Brazil being wooed/bribed by the Trump admin [0] and already on the fence about the EU-Mercosur FTA because they are Ag Barons that primarily trade with the US and China [1] AND during a hotly contested election year.

This only makes the EU look like a less attractive negotiating partner, and incentivizes countries to unilaterally negotiate with individual EU states instead of the EU as a whole, thus undermining the entire EU.

If the EU alienates China, the US, Russia, Brazil, India, ASEAN, Japan, Korea, etc who else is left?

That is the whole crux of Carney and Zelenskyy's speeches at Davos.

> US is still unable to get a free trade deal with mercosur

Instead, we get an REE extraction deal in Brazil [2], financial backing for our current Venezuela escapade [0], and a president exporting Hispanic American-style far right politics into EU member states like Spain [3] and Italy [4] where right-leaning South Americans have become a major political voting bloc.

The more isolated the EU becomes, the easier it is for countries to begin taking advantage of European nations on their terms.

Edit:

The EU is now unfreezing and ratifying the US-EU trade deal [5]

[0] - https://www.bloomberg.com/news/articles/2026-01-18/brazil-s-...

[1] - https://www.ft.com/content/d293237e-e39f-4f4c-89e7-4c52cf937...

[2] - https://www.ft.com/content/401a9e84-3034-4375-bf39-56b92500c...

[3] - https://www.reuters.com/world/europe/spains-far-right-vox-ho...

[4] - https://cebri.org/revista/en/artigo/172/javier-milei-and-the...

[5] - https://www.bloomberg.com/news/articles/2026-01-22/eu-plans-...

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

#134

Post by rapnie »

victorbjorklund wrote: post #127
matthewaveryusa wrote: post #110

Earlier quoted context omitted.

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.

The EU being our peace project, which both Russia and the US now want to undo.

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

#135

Post by alephnerd »

the_mitsuhiko wrote: post #131
alephnerd wrote: post #119

Earlier quoted context omitted.

Yea, but how? The EU can barely get the Mercosur FTA out the door. How can it even attempt to make such a drastic change that would make FDI in the EU less attractive than equally large and equally onerous China? And that ignores the fact that states like Poland, Ireland, and Czechia would ferociously fight back at anything that threatens their FDI driven economies. Even Ireland opposed the Anti-Coercion Instrument […

That Europe is incapable of doing anything bold is a different topic. You don't have to tell me how fundamentally screwed we are because of the consensus issue. But Europe could, without introducing capital controls, implement something. The US did, there is no fundamental reason why Europe could not either. It's just a question of political will

If something is hypothetically possible but practically impossible, then the mental exercise is a waste of time, and distracts from thinking about an actual solution.

For example, Trump could impeached and removed from office, but that isn't happening. So what's the solution?

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

#136

Post by WarmWash »

abirch wrote: post #19
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.

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.

It's a matter of perspective, for the US administration, that 11% drop is reason for celebration.

Their goal is to make American blue collar manufacturing jobs viable again, and part of the plan is to make it cheaper for other countries to buy their goods.

It's not the first time the dollar has been intentionally devalued.

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

#137

Post by mrtksn »

sgloutnikov wrote: post #120
mrtksn wrote: post #112

Earlier quoted context omitted.

Here’s a source: https://sofiaglobe.com/2025/12/23/on-the-eve-of-the-euro-zon... By the mid January %58 of the leva were removed from circulation BTW.

Total deposits in the bank accounts sure. I understood it as they deposited 100B of their cash into their bank accounts by November.

fair, edited for clarification

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

#138

Post by the_mitsuhiko »

alephnerd wrote: post #135
the_mitsuhiko wrote: post #131

Earlier quoted context omitted.

That Europe is incapable of doing anything bold is a different topic. You don't have to tell me how fundamentally screwed we are because of the consensus issue. But Europe could, without introducing capital controls, implement something. The US did, there is no fundamental reason why Europe could not either. It's just a question of political will

If something is hypothetically possible but practically impossible, then the mental exercise is a waste of time, and distracts from thinking about an actual solution. For example, Trump could impeached and removed from office, but that isn't happening. So what's the solution?

I exclusively responded to a comment about capital controls, which are even less likely. I'm not particularly interested in a discussion about what politicans might or might not do.

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

#139

Post by f1shy »

paganel wrote: post #118
f1shy wrote: post #99

Earlier quoted context omitted.

The amount of erosion and heavy use of fertilizer doesn’t seem so good in the long run.

Are you talking about Argentina or France?

Wait... did I change thread or what... wasn't the discussion about EU / Mercosur? Why do you pick these 2 countries?

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

#140

Post by WarmWash »

lejalv wrote: post #24
TacticalCoder wrote: post #17

Earlier quoted context omitted.

[flagged]

meanwhile 6-week vacations, high speed trains, walkable cities, generous child benefits, and, well, quality of life salute you from here

6 week vacation?

Europe has been on a 30 year vacation, and it's starting to look like that vacation might need to end.

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