Comments by "bighand69" (@bighands69) on "This Will Cause The Collapse Of The EU (Here's Why)" video.

  1. Europe could go back to it being a trading block. Were internal competition is the way to go.
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  2.  @evgeninisa6410  Europe has plenty of food. The real issue is that Europe has not built out its infrastructure to deal with an influx that large.
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  3. The EU parliament has no teeth and is just really a symbolic organisation that makes many people feel good about them self. The real power is the commission.
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  4. The Fed has to expand its money supply because there simply is not enough money in the US for internal trading. Most of the banks while healthy on their balance sheets do not have that much cash free. The real US economy has been growing at several percent per year for the last 3 decades while government GDP has only been at low single percents. A lot of US money as well is getting use in international trade and without QE there would be a slow down of exchange in the US. Over 50% of US currency is getting used for international trade.
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  5. I do not think the other EU top funders can actually pull out because their economies and markets have been rebuilt to be the EU. Take Germany for example it needs the EU market to trade its industrial goods and it also needs the US market and Chinese. To try and take the EU out of Germany would destroy much of its base.
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  6. SO you would like to control people so they cannot bet against? Capitalism is the most amazing system to have been ever invented.
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  7. Not even close to being true. The US has extremely deep capital markets and assets that it can use if need be. US Dollar is also short on supply hence why they desperately try to to pretend they are printing it up to help with social programs. Over half of US dollars are traded internationally and that is only going to increase. US debt levels are very misleading as they do not take into account that most of it is not actually cash debt but is liabilities on balance sheets.
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  8. No they do have a plan to break it up. They are just clueless and for some reason think that a high taxation marketplace is good.
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  9. Germany started two world wars in the space of 25 years which resulted in the deaths of over 80 million people. When the US destroyed Germany in WW2 blasting it into the ground they decided after the war to help rebuild the German economy. So quit the whining and consider Germany lucky that the US decided to help the German people or it could have looked like Eastern Europe.
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  10. The EU never turned ireland into a great country. Ireland after its foundation was a welfare state bordering on being a socialist state. In the 1980s after the Irish economy almost collapsed they decided to go down the route of a market driven economy. That meant that companies started to trade in Ireland which in turn created a cycle of ups and downs that went up and up. Nothing to do with the EU at all. What Ireland did in its past its people probably would not be able to do today.
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  11. In America debt is repaid through loans and balance sheet liabilities. In Europe it is all funded through the welfare state. For some weird reason Europeans think high taxation makes for a strong economy. Most are confused as to why the US has lower taxation burden. The biggest problem that Europe has as well is its lack of consumer market. One of the EU biggest consumer markets was the UK which has now left the EU.
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  12. European media non stop talk about US gun rights as if they have a dog in the fight. The irony of places like France talking about US guns is that they have 5 million registered firearms but 95 million illegal firearms in France.
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  13. The EU could be energy stable it if wanted to be but deide it did no want to and that alone should point out how flawed it is. All it would take is one major crisis to arise and the EU could sink.
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  14. The EU that you joined is not the same place as it is today. It was not as regulations obsessed and it did not have a central bank. If it had of stayed as a trading common market and with an enhanced movement of people system through permits and other needs the EU would have probably done very well for itself.
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  15. If you live in germany now is the time to invest in good down wear such as a jacket and insultate trousers. Those who only have summer clothing and fashion clothing are about to suffer.
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  16.  @snowman2970  Hence why a single currency would not work.
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  17. It did not create hyperinflation because if it did you probably would not be on the internet right now.
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  18. The EU is a heavily compromised system. The ECB is extremely weak with no real powers other than currency issuing which has to be given the green light by all nations on the commission which can be a nightmare to get agreements on.
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  19. As a Californian why are you not living in America?
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  20. Corruption does not explain the state of the EU market place.
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