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bighand69
Zeihan on Geopolitics
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Comments by "bighand69" (@bighands69) on "London Bridge Is Falling Down" video.
Same thing in Europe at present. Most of the world is like that barring America (whose minor problems do not compare). Truth be told there is nothing the UK could do right now and anything they could do should have happened 20 years ago. Moving UK industry offshore was always going to make the options for dealing with this limited.
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US does not benefit from the EU turmoil and may end having to go and fight the wars that spring up later.
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The US is not printing extra currency to make it self rich it is doing so to make sure there is enough in supply. The great depression happened because the federal reserve was too conservative and it led to a situation where money in the economy was in short supply.
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@ricardomartins286 Germany has no energy to sustain it self at an industrial level, Italy, Spain and France have youth unemployment rates in excess of 20%. The Euro is performing against the dollar the exact same way sterling has. I just no buying the whole EU is doing better. Peter in the video is not even saying that Britain in the EU is better off he is saying that Britain is rudderless as a society in regards as to what it does next. I suspect he simply not that focused on British and EU relationship as both places are going to lag behind the US. The Last time labour was in power it left the UK with an unemployment crisis so unless they are willing to change its policies they will only do worse.
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@Ashadow700 The US is not facing inflation because of the extra money being cycled.
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Those reactions are just short term and part of politics. If they stuck it out and just went with it then the economic growth from that would satisfy. It looks like Truss and her government are weak like Boris and they take the media as being some sort of oracle when in fact the media is weak.
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