04-28-2024, 12:49 PM
We're at the tail end of the failed European project. The UK just bailed earlier than everyone else.
When they introduced the Euro the intention was that Europe would become the biggest economy in the world.
25 years later and the EU is sinking fast. China is dropping too and the US is the clear winner.
In the Netherlands we're lucky to have ASML but I only see one or two ways to reverse the trend.
1. Admit that they fucked up, reduce the scope of the micro managing EU regulations and cut taxes significantly to give the money back to the people, hoping that new entrepeneurs will be able to build competitive businesses.
2. Admit defeat of the Euro/Pound Sterling, use dollars for stocks, expensive foreign goods and big corporate contracts instead, use a local currency for consumption and wages to buy every day items.
When they introduced the Euro the intention was that Europe would become the biggest economy in the world.
25 years later and the EU is sinking fast. China is dropping too and the US is the clear winner.
In the Netherlands we're lucky to have ASML but I only see one or two ways to reverse the trend.
1. Admit that they fucked up, reduce the scope of the micro managing EU regulations and cut taxes significantly to give the money back to the people, hoping that new entrepeneurs will be able to build competitive businesses.
2. Admit defeat of the Euro/Pound Sterling, use dollars for stocks, expensive foreign goods and big corporate contracts instead, use a local currency for consumption and wages to buy every day items.
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