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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

#61

Post by paganel »

f1shy wrote: post #36
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.

What makes it more ridiculous, is that fact that we from the EU are shouting US is getting isolated, but some of the biggest economies in the world do not want to trade with 4 countries from the 3rd world, because we think will get bankrupt because of that.

It's because of agriculture and us here in Europe losing our food-related resilience because of that. The tertiary sector won't save you in case of a continental blockade and the Argentinian/Brazilian grain suddenly becoming unavailable. "We'll go back to our farmers here in Europe!" Oops, you've just pushed them into bankruptcy a few years ago as a result of Mercosur, so good luck with that.

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

#62

Post by thatguy0900 »

jochem9 wrote: post #50
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

In the US people take on personal debt for something like a car. In the Netherlands (where I live) this is very uncommon: people save up, then buy it.

Our public transportation infrastructure is so badly managed that many jobs will ask you if you have reliable transportation and fire you if you find yourself without it. If your car breaks here it's often not really a option to save up for a bit first.

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

#63

Post by soperj »

TacticalCoder wrote: post #17
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.

[flagged]

Isn't the US running a deficit of 5.8% of their GDP as well?

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

#64

Post by dmix »

savant2 wrote: post #34
TacticalCoder wrote: post #17

Earlier quoted context omitted.

[flagged]

How many percentage of GDP is healthcare in the US? 10, 20%? Healthcare is almost entirely public in France (pension also mostly are), so I'm not sure that your comparison makes sense.

Healthcare is about 17% in the US GDP and 30% of the federal budget. The US spends more on public healthcare as a % of GDP than almost all European countries, including France which spends about 12% of GDP on healthcare.

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

#65

Post by jacquesm »

dmix wrote: post #53
bhouston wrote: post #16

Earlier quoted context omitted.

Politics drives decision making in addition to just seeking returns, especially for government affiliated funds, e.g.: https://www.reuters.com/business/swedish-pension-fund-alecta... https://www.cbsnews.com/news/danish-pension-fund-treasuries-... (And remember that India and China combined reduced their holdings of US treasures by at least $50B in 2025: https://economictimes.indiatimes.com/news/india/amid-global-...…

The EU has $8T invested in US assets. That's not an easy choice like a soccer mom choosing to go to the Caribbean instead of Florida for a weekend. It's very serious business that needs real alternatives.

As long as they lose less than they lose by keeping it in $ they're coming out ahead.

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

#66

Post by cayleyh »

savant2 wrote: post #34
TacticalCoder wrote: post #17

Earlier quoted context omitted.

[flagged]

How many percentage of GDP is healthcare in the US? 10, 20%? Healthcare is almost entirely public in France (pension also mostly are), so I'm not sure that your comparison makes sense.

It's hard to get a comparable read since you don't get a clean split in the #s between what would be public spending vs. private spending if the US + a "Medicare for All" type system, but including the % of GDP spent in US on healthcare overall, it would put government expenditures as % of GDP on par with most other countries in the world that do provide universal health care:

* https://www.imf.org/external/datamapper/exp@FPP/USA/FRA/JPN/... * https://www.healthsystemtracker.org/chart-collection/health-...

France certainly has a higher % of expenditure to GDP than other comparable countries, and you would expect the USA health care to GDP % to decline to be more inline with other countries with universal coverage if a national program was introduced.

However, because France is still offering more public social services and benefits overall vs. a "USA + universal health" that it's hard to make broad claims either way about who is wasting more money or which system is more effective for citizens based purely on % of government expenditure to total GDP.

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

#67

Post by unglaublich »

f1shy wrote: post #36
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.

What makes it more ridiculous, is that fact that we from the EU are shouting US is getting isolated, but some of the biggest economies in the world do not want to trade with 4 countries from the 3rd world, because we think will get bankrupt because of that.

*We = farmers, their lobby, and their simps.

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

#68

Post by hello_moto »

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.

All politicians will say what people want to hear.

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

#69

Post by littlecranky67 »

Funny that of all people, Macron says that. Just a few months back, France government bonds lost their AAA rating because Macron refuses to pass legislative reforms. All while the EU biggest powerhouse economy - Germany - has remained stagnant or is even shrinking. Good luck convincing investors to not buy US bonds with that outlook.

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

#70

Post by direwolf20 »

paganel wrote: post #61
f1shy wrote: post #36

Earlier quoted context omitted.

What makes it more ridiculous, is that fact that we from the EU are shouting US is getting isolated, but some of the biggest economies in the world do not want to trade with 4 countries from the 3rd world, because we think will get bankrupt because of that.

It's because of agriculture and us here in Europe losing our food-related resilience because of that. The tertiary sector won't save you in case of a continental blockade and the Argentinian/Brazilian grain suddenly becoming unavailable. "We'll go back to our farmers here in Europe!" Oops, you've just pushed them into bankruptcy a few years ago as a result of Mercosur, so good luck with that.

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