Hearted Youtube comments on Into Europe (@IntoEurope) channel.
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Several point of interest:
1. China account for 95% of the world Rare Earth supply was based on a study back in 1980s which several things has drastically changed, in 2000s, the official reserve number is 528 million tons, while in 2009 that number decreased to 185 million tons
2. Additional survey on previous uncharted area such as the EEZ of Japan has proven there are abundant rare earth supply, as the demand and price increase, we should expect to see more and more previously unknown mining area within horizon.
3. The word 'reserve deposit' is a somewhat tricky terms, within EU border, there are in fact quite some large scale LREEs deposit, in Northern Spain and Poland and North sea as well as EEZ of Portugal but due to environmental regulation or government policy, mining in those area are either economic non viable or forbidden and therefore excluded in the data
4. Rare earth indeed provide China a leverage, but so far not a very effective one, the 2015 TWO rule out in EU, Japan favor against China limitation on element export, and lets not forget China rely 100% on ASML EUV lithography systems that is why the the embargo on China in 2019 nearly bankrupt the tech giants.
5. the Belt and road initiative has engulfed China own fiscal strength as well, their intention is to expand influence indeed but there is a reason why World Bank of the West did not invest in those developing countries either the ability to repay the investment or simply geopolitical stability, take Congo as an example, they recently revoke the copper mining right of a Chinese firm after the Chinese promise of funding on local hospital has not meet the schedule.
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That was good video, showing both narrative.
As a French, I personally blame 2 things :
- Uncontrolled migration, making the creation of banlieue and segregation very easy. If you migrate to Japan, and there is already 5 millions of people from your community here, you don't need to assimilate to Japanese population. Also, a lot of migrants come but are unable to find a job. If we had a migration policy closer to Japan or Australia, that would had never happened.
- Broken justice system, our prison are full and our judges release people like Nahel with 15 felonies, into the wild. Making our police having to deal with those people that should be in jail. If Nahel was in prison for his past felonies, that would had never happened too.
We can talk about racism, inequality, etc... But that is inevitable when you have a huge influx of poor uneducated population from a very different culture coming to your country, with little border check and an overwhelmed justice system.
You can't ask French people to just accept to pay more taxes for those populations, accept to have military patrols due to terrorism in their streets, accept to see their friends getting stolen, beaten, raped or even stabbed by some migrant gangs, and then accuse them to be racist and to not give enough to migrant population.
I am not blaming migrants, they are also the victims. The migrants that don't cause any troubles are the ones who get the worst of it.
The migration and justice system is the problem, has been since decades. But French politicians always refused it to reform it, preferring to flood banlieue with money and making hundreds of social reforms in their favor.
But maybe that was wake-up call to start fixing this issue from the root.
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I'm a Hungarian economist living in Hungary, so let me add some things, because this video is mostly right, but very superficial. As for the 'cronies', orban follows the russian model, there are no 'businessmen close to orban' - the 'businessmen' are LITERALLY 'employed' by orban in a shadow employment way, they are not 'businessmen' by any means, only sock puppets, p.e. the two of them you can see in the video, one was lajos simicska, kicked out in 2015, all his money taken, the other is lorinc meszaros, who is (and I'm not kidding!!!) by now the wealthiest person in Hungary, a plumber by profession, who really seems to be illiterate as I say, that man can hardly articulate a proper sentence out of his mouth, so dumb everybody laughs at him all the time, would be surprising if he was able to even sign his name on a contract or anything like that. The son in law of orban, istvan tiborcz is not mentioned in the video, a 30-some guy, now one of the richest in Hungary, and one of the most obvious sock puppets...
The automotive sector is the biggest of the manufacturing mainly composed of German companies, that's true, but that's not the whole thing. There are dozens of factories in Hungary owned by German/American/Canadian companies, altogether they make up about 80% of Hungary's exports!!!, of course with a high import proportion as we mainly do the assembly part of the job, nothing more. A small part of the Hungarian economy that is not agriculture but can export its goods being competitve on the international market is composed of mainly tourism, the pharma and the IT sector, maybe 15% of exports, tourism is the main factor here and the rest 5% is compiled by agricultural products, wine etc. As you see, nothing like 'Hungarian economy' actually exists, the 4,5 million workforce can be roughly divided this way: 0,5 million works abroad in the EU and UK; 1,5 million people work for the state or companies closely affiliated with the state (public transport is organized through 'companies', but of course the workers there are basicly public sector employees); 0,5 million people work for the German/American/Canadian owned manufacturing companies who create the 'exports' mentioned above; 1,5 million people work in the domestic service industry and tourism, like retail trade, banks, phone/internet companies, media, catering, all kinds of workmen (mechanicians, plumbers, bricklayers, hairdressers ), lawyers, accountants etc. - this part is very unproductive and uncompetitive, in this sector also the activities that can be centralized are mostly owned by foreign companies like retail (Lidl, Aldi, Tesco), banks (Erste, KBC, Raiffeisen etc.) and about 0,5 million work in the agriculture and food processing, wine making etc., their products are mainly consumed on the domestic market, some exported. The 'cronies' (sock puppets) of orban are not involved in any competitive business except tourism, owning hotels, bars and restaurants and agriculture, but they mainly did their dirty job in the contruction industry as long as there were EU funds - finally stopped in 2021 thank god... And the money they make there is used partly to create such a widespread and very disgusting propaganda that russia can only envy. Hungarian is in an economic crisis, but DO NOT be deluded: the 2,5-3 million voters of orban don't care about the economy at all. These are mainly poor people who are also very uneducated, mainly the 2,5 million pensioners vote for him, because he 'protects the country from the migrants' - and that's enough, these people don't understand economy at all, barely they know the difference between million and billion...
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I found everything very accurate and well-made! Great informative video 👍 the only things I would add/correct are that many estimates of the economic influence of the mafias are inflated, even by Europol, because often traffics conducted by the mafia are confused or aggregated with traffics by groups the mafias collaborate with, which are very different in structure. Secondly, mafias are registering a negative trend all over the world. Both Cosa Nostra and 'Ndrangheta, for example, have been losing numbers for a while, especially because of their apparatus of symbols and rituals, which needs a specific subcultural background which is less and less widespread. Finally, Sacra Corona Unita is not a "mafia" stricto sensu anymore, since it has lost most of that "traditional" apparatus and is composed of several small criminal groups which are substantially separate.
Apart from this, great job! Keep up the good work 😁
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@IntoEurope cheers! Another idea: you can always do once in a while collaborations with other political channels and move the topic around their opinions. I'd find it very interesting to see opinions from people who have channels in non-english languages, for instance. Accessibility and communication is still one of the bigger issues for Europe. I am sure there's many French, Spanish, polish (etc) content makers that don't usually speak English and have pretty valid, representative views. I believe it's actually a problem that people like us, who speak at least the Lingua Franca, tend to forget we are still a (loud) minority in the union and thus we don't represent the whole ethos of the institution and citizen's mindset. You could perhaps make a poll now you are getting enough traction, to find out interesting creators. Not sure where your audience is usually from, tho.
Even thinkers from non-european countries with a big influence on Europe, such as Morocco, Russia or Turkey could make for interesting discussions. We don't often listen to those perspectives and they are absolutely critical to understand European politics.
I believe this channel has a great potential btw. All the best! I don't ever click on the notification bell, but I did with this one for a reason.
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Just clearing up a net migration statistical subtlety causing some confusion, which I was commissioned to analyze a few years back: The video is correct on annual net migration between the US and EU over past 5-10 years (esp. north, west, much of central Europe), for which there's been a historic reversal with more working-age Americans migrating to those European countries than the other way around. This has become true particularly of lands like the Netherlands, Germany, France, Denmark and Norway, none retirement destinations--again, it's largely young, working Americans and young families moving there (especially if they can prove ancestry in the European destinations, which can smooth citizenship), lately a good deal more than those nationals coming to the USA, the first time this has been seen in the centuries since the United States founding. Notice that this stat is not the same as total numbers of emigrants in each country, which accounts for people who've migrated since the early 20th century.
For those aggregate figures, of course there are still more European expats in the US than there are American expats in Europe because, again, the long historical pattern has been for Europeans to migrate to the US as a land of immigration. It's only within the past 10 years that we've seen a reversal of this with America, as the description correctly points out, becoming a land of emigration for at least some destinations. The reasons are way too extensive to cover in a short post like this--I'm just clearing to clear up confusion about statements that mix up the two stats. Obviously it's only recently that the flow has reversed, but the fact that it has sustainably reversed is indeed historically significant, since we haven't seen this phenomenon before around 2014 at any point before in world history.
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First off all, dont let the trolls get to you.
Je kanaal is super goed man.
Misschien is het een idee om een video reeks te starten met een positieve toon ipv een kritische. En dan kun je kijken naar de voordelen en prestaties van Europa. Open grenzen, samenwerkende culturen, megaprojecten, goeie financiële gezondheid, gezondheidszorg, regels die het leven beter maken ipv economische groei nastreven, (pers) vrijheid, wat doen we beter dan china of rusland of de vs en noem maar op. Tuurlijk is er altijd ruimte voor verbetering, maar als je meer de prestaties en de wegen benadrukt van wat we bereiken is dat ook leuk. Is positief en motiverend.
Toen ik je kanaal leerde kennen dacht ik eerst zelfs dat je een social media kanaal van de EU was haha. Maar goed. Moraal van het verhaal, je kan ook kritisch zijn terwijl de boventoon positief is. Bereik je meer mee dan weerstand. Maaaaaar, vergeet dus niet je kritiek te onderbouwen zoals je doet.
Ga zo door. Je bent goed op weg en je kan trots zijn op wat je neerzet.
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@IntoEurope I mean Laffer is usually talked about as not being real anyway, but I'm happy to concede that it, presumably, is if you get taxes high enough! I'm happy to concede that some individual taxes in France might be set at a level which is higher than the revenue maximising amount. I wouldn't go along with 45%ish being too high in and of itself. Nor 55%ish spending being inherently too high. My specific objection though, is the idea that the debt level is too high. That's the thing I don't think you've supported in the video. The demographics point is the most plausible argument you make on that and I just don't think that's enough when long dated govt debt is sitting at historically very low rates!
No private company would look at it's debt and think it was in serious risk if everyone has only charging it 3 and a half % atm. Govts are more resilient than companies, not less! I think a far stronger defence of where you end up would be if the argument being made was not that the debt looked risky (the market obviously disagrees with you) or that spending or tax/GDP was inherently too high, but instead that the priorities were inefficient. Too much of the spending being on civil servants is a point you make and I'm very happy to concede that's persausive! ...but you can reasonably argue that, given interest on debt is so low, the reasonable choice would be to transfer that spending from salaries (which in a buisness would be a real expense) to broad payments to those not already getting the wildly generous French pensions (which in a buisness would be like returning value to shareholders). That’s just as valid a response to the inefficient use of human resources via the overhiring of civil servants as tax or spending cuts. Equally, sure, I'm happy to concede the methods France uses to raise revenue may be inefficient (as you reference in the video) and keeping the tax/GDP take the same but optimising those revenue streams could allow for a bigger economy for the same tax take.
You obviously can argue for lower deficits, spending cuts, etc. I'm not saying you shouldn't, what I'm saying is that the gap in the video is in-between the "debt is an issue therefore we must" and the "spending cuts and tax rationalisation" you're arguing for. The debt bit isn't true and only really makes sense if we're trying to artificially narrow the policy space to one of the possible ways forward. I don't buy that a reduction in the top line spending number/a reduction in the deficit is necessary and I think the other options are also valid. That’s my disagreement, not that I'm inherently saying that the policy set you are moving towards by the end of the video is inherently bad! It might still be the best option! I just don't buy your logic on how you got there.
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