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  • ECB President Lagarde: trade conflict will damage worldwide economy

Added at 8:42pm

  • #1
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  • Mar 13, 2025 10:10pm Mar 13, 2025 10:10pm
Excuse me, Madam Lagarde, it is YOUR principles that are a cause for concern for you and yours have been ripping off the United States for decades. Your pride has got the best of you, so much so that you believe your lies. Turn you heart back to goodness and support the principles of fairness.
  • #2
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  • Mar 14, 2025 3:37am Mar 14, 2025 3:37am
Quoting oxbuck
Excuse me, Madam Lagarde, it is YOUR principles that are a cause for concern for you and yours have been ripping off the United States for decades. Your pride has got the best of you, so much so that you believe your lies. Turn you heart back to goodness and support the principles of fairness.
How exactly has EU been ripping off USA for decades? How did USA become the richest country if every one was ripping you off?
  • #3
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  • Mar 14, 2025 4:55am Mar 14, 2025 4:55am
Quoting TraderTero
{quote} How exactly has EU been ripping off USA for decades? How did USA become the richest country if every one was ripping you off?
Because the principle of capitalism is still just about alive in the US and it is still a dominant idea that you provide for yourself. The suspicion of government in the US is written into the constitution. Its rich in resources and entrepreneurial spirit - that's how it became the richest. In the UK we have 9.4 million people of working age that do not work and we have 58 percent of the population taking more in benefits than they pay in taxes. We have a work ethic that collapsed because of a tax credit system that effectively scrubbed out any advantage to do overtime or an extra job past £15.000. It disadvantages you to save past 6.000. And the US paid for EU security for decades.
  • #4
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  • Mar 14, 2025 5:06am Mar 14, 2025 5:06am
Quoting Sennerd
{quote} Because the principle of capitalism is still just about alive in the US and it is still a dominant idea that you provide for yourself. The suspicion of government in the US is written into the constitution. Its rich in resources and entrepreneurial spirit - that's how it became the richest. In the UK we have 9.4 million people of working age that do not work and we have 58 percent of the population taking more in benefits than they pay in taxes. We have a work ethic that collapsed because of a tax credit system that effectively scrubbed...
Do you have any idea how much the EU countries have spend on buying US weapons or what kind of investments we have made to USA. The whole idea of USA being a victim here is just ridiculous.
  • #5
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  • Mar 14, 2025 5:46am Mar 14, 2025 5:46am
Quoting TraderTero
{quote} Do you have any idea how much the EU countries have spend on buying US weapons or what kind of investments we have made to USA. The whole idea of USA being a victim here is just ridiculous.
Yes I do have an idea. It's half of their military purchases - about 175bn significantly up after the Ukraine invasion.
EU FDI investment into the US is 6x higher than the other way because business leaders have noticed all the reasons for the US being rich that you have ignored. They don't do it out of charity - its an investment in the only western country that is clinging to capitalist ideals. I haven't made any comments about the US being a 'victim'.
  • #6
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  • Mar 14, 2025 7:06am Mar 14, 2025 7:06am
you are talking to a deaf person christine. he will do the damage and die one day. america will pay the repercussions for years
  • #7
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  • Mar 14, 2025 7:07am Mar 14, 2025 7:07am
Quoting TraderTero
{quote} How exactly has EU been ripping off USA for decades? How did USA become the richest country if every one was ripping you off?
and are nvidia chips and apple iphones entire production being consumed by americans locals. they wont understand this
  • #8
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  • Mar 14, 2025 7:15am Mar 14, 2025 7:15am
  •  Trader#459B
  • | Status: Unregistered Trader
The EU have indebted every European nation and opened their borders to 3rd world freeloaders. What a great economic plan she had for that!EVery country has a sovereign interest to do what is best for their country and citizens. Hats off to Trump and the socialist woke need to actually wake up before they own nothing and are NOT happy!
  • #9
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  • Mar 14, 2025 7:25am Mar 14, 2025 7:25am
Quoting Sennerd
{quote} Because the principle of capitalism is still just about alive in the US and it is still a dominant idea that you provide for yourself. The suspicion of government in the US is written into the constitution. Its rich in resources and entrepreneurial spirit - that's how it became the richest. In the UK we have 9.4 million people of working age that do not work and we have 58 percent of the population taking more in benefits than they pay in taxes. We have a work ethic that collapsed because of a tax credit system that effectively scrubbed...
That's not answering the question, or is it? What you say is true, they have an entrepreneurial spirit, etc. I have a theory, but it's only a theory at the moment. Very few historians comment on it: During WWI, the US chose not to intervene with their allies because they had a 25% gdp growth for nearly 4years selling arms to stupid France and UK, who lost their dominance and their gold reserves paying for it. After that, it became obvious where big money could be made. I agree, that's an oversimplification, but that's what I consider to be the spark that propelled the rest.
  • #10
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  • Mar 14, 2025 12:18pm Mar 14, 2025 12:18pm
Quoting Nobody-yet
{quote} That's not answering the question, or is it? What you say is true, they have an entrepreneurial spirit, etc. I have a theory, but it's only a theory at the moment. Very few historians comment on it: During WWI, the US chose not to intervene with their allies because they had a 25% gdp growth for nearly 4years selling arms to stupid France and UK, who lost their dominance and their gold reserves paying for it. After that, it became obvious where big money could be made. I agree, that's an oversimplification, but that's what I consider to...
Must have missed the question then but I wouldn't dispute your theory. But I also think that the UK looks to have signed a dodgey looking contract with Ukraine that equally benefits them from this car crash in terms of pay backs and access to resources.
  • #11
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  • Mar 15, 2025 5:23am Mar 15, 2025 5:23am
  •  Trader#D8EB
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Where is the rich America coming from, they're the poorest nation in the World. Trillions of debt, growing every year, they're very close to collapse. They're going to default very soon.
  • #12
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  • Mar 16, 2025 4:17pm Mar 16, 2025 4:17pm
Bah humbug!
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  • Posted: Mar 13, 2025 8:42pm
  • Submitted by:
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    Category: Low Impact Breaking News
    Comments: 12  /  Views: 5,452

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