31–40 of 216 posts
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.
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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
3.50% in the US sounds extremely low to me. It has fallen a bit recently but the savings rate was about 25% in France in 2020. Common knowledge says to strive to save at the very least 10% of one's revenue around here.
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.
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Haha, what? How is France having nuclear weapons leverage over other countries in the Eurozone? What kind of thing do you think the Eurozone or EU even is? We don't use threats of violence against each other in negotiations. France having nuclear weapons or not matters zilch in these conversations, because we're all allies.
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.
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Healthcare is almost entirely public in France (pension also mostly are), so I'm not sure that your comparison makes sense.
Earlier quoted context omitted.
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> 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. Haha, what? How is France having nuclear weapons leverage over other countries in the Eurozone? What kind of thing do you think the Eurozone or EU even is? We don't use threats of violence agains…
The EU can’t even get a Mercosur deal closed after 30 years. I think this will probably happen in another 60 years.
When will the EU understand that they have the GOAT Paul Graham across the channel in the UK? Open YCombinator Paris or London: Capital would flow to him.
drop capital gains tax on EU stonks and watch the flight. there are a million ways they could make this attractive
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meanwhile 6-week vacations, high speed trains, walkable cities, generous child benefits, and, well, quality of life salute you from here
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
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 is also very high(%86 IIRC).
The life is pretty good for a GDP per capita of $18K.
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.
> 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.