Comment by mardifoufs
14 days ago
There's no speculative stocks in Europe? Seriously? I guess if you ignore all the stock markets in Europe, sure?
Also, it's funny that you mention Goebels. It's ironic even when you repeat the same tropes about the US and how it's supposedly beholden to the capital markets and speculators.
Europe has its giants. Europe usually does not attack its giants. That's why you get megacorps like Maersk or Airbus or Volkswagen. The entire point is that it only attacks other giants (ie, not homegrown giants), hence the focus on legislation that mostly affects them but leaves European corporations mostly unscathed. Or why green legislation curiously doesn't affect German coal extraction (what a coincidence!) that much. Or all the other double standards Europe and some Europeans love so much.
The delusion here is this weird narrative of good, noble Europeans who are somehow only guilty of not being greedy.
Europe is far from noble, just different mentality and expectations from life. VW keep saying that next year VW Golf robotaxis are coming and not delivering wouldn't fly, therefore we don't have crazy stock prices.
Airbus keeps making good quality planes that don't fall from the skies, selling those then flying around. It's alright, I don't know why the government should attack Airbus but maybe the US government should have kept Boeing in check.
Europeans have their ways and Americans have theirs. Let's keep it like that and not put all the eggs in the same basket, as it appears that Chinese came up with another hugely successful economy model.
Sure but that wasn't the main thrust of what I was replying to. Also, I guess it only has its own Wireguards or (if we want to talk about inflated promises instead of outright fraud) hundreds of start up like Qwant that promised to challenge the big American man in (2) more weeks or just a few more subsidies.
The only difference is that we hear a lot more about American success and failures as they are sadly utterly dominant in media presence way beyond their own borders. And Europe seems much more likely to just keep its skeletons hidden in its closet, and tries to talk about them as little as possible.
(For example,see how the German regulators dealt with Wireguard by going after the journalists that sounded the alarm for years. Or how Europeans love to discuss American issues like racism while ignoring how much worse the issue can be in their own backyard. Or the commenters here that recoil at any criticism of the EU and invent some conspiracy where said criticism obviously comes from. I never see any American accuse Europeans of being behind sentiment that is critical of the US.)
Americans love to be very loud about their issues, for better or for worse.
Late correction: I meant wirecard, not wireguard!
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The current conflict with China has the benefit that it dropped all of them masks off. You'd be labeled a conspiracy theorist if you suggested otherwise to the narrative of the free trading liberal west.
Now that the emperor is fully naked; colonialism never ceased to exist, it just took a different form. The next decade is going to be very interesting, and not in a good way.