Europe-themed content previously on Philoinvestor
We stopped dreaming…
In the early years post introduction of the EU — there was serious talk that the Euro could challenge the global dominance of the US Dollar.
That notion now is long forgotten. The Euro has been in a steady downtrend, as seen by the monthly long-term chart shown below.
There was a thread on X a few weeks ago which went massively viral.
In the thread the poster touched on the following layers.
GDP Growth in USA > Europe
Technological supremacy and trillion-dollar companies — while EU has zilch.
Brain Drain from Europe
Europe is massively anti-Business and over-regulates everything
…read more here.
Conflicts of Interest 🇪🇺 Vs 🇺🇸
There is one angle that he did not mention, but which I saw someone allude1 to in the replies.
The US does not benefit from a strong EU. A strong EU could challenge the US in many things, the US wants a EU that it can control and push around — basically a proxy of the US.
Make Europe Great Again, Coming Soon on 🦉
Listen to the podcast for my short thoughts and look out for the piece I am sending out ($) on Philoinvestor soon. It will be extremely comprehensive and look into all angles and layers. Note: It’s not black and white.
Some of the things I will comment on:
When “whatever it takes” is not enough
The European Bazooka and the need for monetary and fiscal stimulus in the EU.
Dynamics in play. Domestic and foreign politics. Path dependency in shaping EU today.
Top-down legislation for a bottom-up domain = disaster.
The military conflict in Ukraine and the EU being hijacked by foreign interests.
Capital markets and precedent, social proof, passive flows and success. Is this a perverse version of fake it till you make it?
The Path Forward
Tools and programmes that could be employed.
The mental model of the “brink and back” and how I’ve learned and used this tactic from George Soros’s teachings.
And much much more..
“In America, people care about SUCCESS.” —George Soros
✍️🦉 For the course, philomastery.com — we launch January 2025.
Conflicts of Interest between the US and the EU.
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