Comments by "Hercules Koutalidis" (@herculeskoutalidis1369) on "Hungary u0026 Turkey's Populist Takeover: Europe's Democratic Backslide - TLDR" video.

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  32.  @robertocalibancove8245  why is workers losing '''''trade power'''' a bad thing? For instance neo-liberal countries like the UK, the US, Ireland, or the Netherlands, are a lot wealthier than social democracies like France, Italy, or Spain. Apart from this, I believe wages in your country, Italy, are rising, which is mostly a result of Italy selling its products to even less competitive markets like my country, Greece, Croatia, or even France, thus having a huge trade surplus with the rest of the single market. If you exit the single market, Greece and France will impose tariffs on your products, and so you will lose income that you would then use to buy products from them, or other countries, like the US. You would therefore become way poorer. Germany and the Netherlands are more competitive than Italy, and others , and will remain so whatever you do, just because their populations are more advanced technologically, and philosophically, Roberto. You can do nothing about it. Just in case german or dutch or swedish economic rivalry is your concern. The single market, as well as the Euro, are very good for Italy, because they will accelerate your least competitive companies death, your GDP will fall by 3%, your population will decrease accordingly by 5%, and in the new equilibrium, you will be (1-3%)/(1-5%) = 2% wealthier, just by having your least competitive businesses closed to german competition. So the single market and especially the Euro will make Italy wealthier. Making spoons (or anything else) less efficiently than Germany, will add 3% to your GDP, but will increase your population by 5%, making you poorer per person. Let me tell you what my problem about ''''''eu integration'''''' is. It is that Germans will slowly be replaced by less beautiful Greeks and Italians. :(
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