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If you can’t see that witch hunt for what it is, then there’s no discussion to be had. There are legitimate concerns and topics that need deeper reflection as to how we should regulate social media and data mining but instead you got people grandstanding without a shred of understanding, squandering the opportunity to actually make things better for people.
What’s going to happen is tik tok gets banned cos of course the decision has already been made, the conference was to lay down the groundwork for the public to fear mongering the public who doesn’t use it.
Simply put, the government is fine with your data being harvested for profit without consent or being informed, just as long as it’s their own companies doing it.
Interested to see if the app dies. The EU likely won’t ban it but just regulate it under their data protection laws so not sure what happens.

I am kicking myself for investing in anything other than ATVI since the merger was announced, but the anti business environment in US/EU had me thinking it was gonna get vetoed. Apparently MSFT has the right politicians payed off. Free money at a time when everything has been free falling

Deutsche Bank is German.
They are under EU financial regulation that bans bailout.
That is stupid in my opinion, but the law is there.
If they try to use state or EU funds to rescue that bank, someone will sue, and it's headed for German constitutional court for the next ten years.

As European can't agree more. We have plenty of cash. We're rich for fuck's sake.
So Americans say that "we have high taxes" but at the same time "we don't have public resources". Pick one already. We're not the same. Trust me, a lot of countries have ability to save Eurozone if this crisis would happen, one currency gives us way more than it "takes away".
Also EU learned it's shit after Greece and 2008. We have tougher regulations on banks due to what happened, we didn't loosen them.
https://youtu.be/q0So9sqLLfY

Well there goes the Polish/Ukranian//EU invasion plans

Sometimes I feel it’s the EU governments who lobbied those politicians to have this show, so that they could do the same for US big techs. They are the one losing in the last decade for not having global internet giants.

The EU is essentially mostly the prime countries of importance when shit gets real and weapons have to get drawn. The richer countries who don’t use euros can’t protect themselves so they beg countries who have their big-boy pants on to protect them- then, if later fingers get pointed, said countries say “we don’t fight in wars” and further hide.
Europe is such a mess it’s pathetic for those who genuinely have an understanding. But yeah, NATO is the backbone of Europe and I’d the only reason it’s still here. If it weren’t for this, Europe would’ve killed itself years ago.

listen to this man, there is no "free" money, what they did in 2008 was foolish and reckless, it started this whole mess. Now its moved way past foolishness into apocalyptic, I dont know how coming generations will deal with this shit, maybe the fact that the EU is even more cucked will help them... but somehow I dont think so. Its like China managed to setup everyone on the globe to fail just in time to go bankrupt themselves and doom everyone....

Meh. Been hearing this shit since the early 2000s after the formation of the EU. Nothing ever capitalizes. It's all just clickbait bullshit.

>The fact is both here, but to a much greater extent in EU, printing means much more severe inflation, currency collapse, and a serious decline in international trade.
This. In 2014 the euro shifted but it started in 2008/9. The symbolic stable German D-mark became the unstable Italian lira.
If your currency keeps losing value, its never a good sign. Your imports become more expensive and you increasingly import inflation. Some of the euro countries can only survive bc of negative interest rates since 2014.

Yeah I think counties start really second guessing their commitment to EU when "your" problem becomes "our" problem.

Credit suisse also has nothing to do with EU. This whole post is a bit shit to be honest. Just US people who want to feel better I guess.

I believe Steve Eisman expressed concerns over Germany's Financial Institutions being over leveraged back in 2017.
He also mentioned being skeptical of the counter measures EU took after GFC.

Didn’t this happen a few years ago? The IMF road in and told government in Ireland and Greece they would have to foot the bill and they did. Iceland told them to fuck off. The Irish economy is still fucked as is the Greek one. I suppose this time it’s Poland and Latvia or some similar EU economy to take the hit … or have I misunderstood the game this time ?

"Sensible regulation" EU be like 🤡

The difference is, EU has 1 rate for different economies/countries.
While 1 country can afford a 5% rate, the other goes broke.

Time to move to EU i would say

These is chat gpt’s interpretation and thoughts on the posts
This post on Reddit seems to be raising concerns about the stability of the European banking system, particularly in relation to Deutsche Bank, one of the largest and most important banks in the region. The author suggests that Deutsche Bank's price to insure against default is skyrocketing, which could indicate financial trouble for the bank.
Furthermore, the post points out that Germany's three largest banks already hold 97% of banking assets in the country, which could pose a risk to the Euro itself. The author notes that in the US, the three largest banks hold only 35% of banking assets, which could suggest a concentration of power in the European banking sector that is potentially problematic.
The post also raises concerns about the ability of the ECB (European Central Bank) to deal with a potential crisis in the banking sector. The author suggests that the ECB may not have the same resources and power as the Federal Reserve in the US, which could limit its ability to respond effectively to a crisis. Additionally, the author notes that the lack of a centralized power or taxing authority in Europe could make it difficult to address a crisis at the EU level.
In general, the post seems to be highlighting some legitimate concerns about the stability of the European banking system and the potential risks posed by concentration of power in the sector. However, it is important to note that predicting financial crises is notoriously difficult, and it is not clear whether the concerns raised in this post will ultimately be borne out. It is also worth noting that the EU has taken steps in recent years to strengthen its banking sector, including the creation of the European Banking Union, which could help to mitigate some of the risks identified in this post.

not only the sanctions but mostly stupid EU strategy to go fully green, meaning switching to renewable energy and having mostly only gas power plant for stabilizing the grid. Renewable energy works only in few EU countries where are conditions for it, water, lots of sunshine, wind. The rest was mostly gas power plants completely dependant on Russian gas, now on more expensive LNG. And nuclear power plants are almost all shutting down. To live in EU full of stupid ideology is a nightmare.

> I actually have a degree in economics, even from a known university.
yeah that's the sad part, what they call economics in universities is not economics at all, fiat academia has terrible consequences
> Even incentivizing alternatives to oil, is bad from your point of view, as far as I understand it.
of course
> Then the question is, why are countries that have a more social aspect to capitalism
compared to what ... whole EU is so far into socialism that it's hard to say those countries have more socialist aspects ...
and what is that you measure ?