France Takes Over EU Presidency: French Plans for Migrants, Borders & Finance - TLDR News
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- Опубликовано: 18 дек 2021
- In January France is set to take over the rotating "Presidency of the Council of the European Union". With this new position comes new responsibilities; responsibilities that are even more interesting considering France is heading to the polls during the French reign at the EU. So in this video we're going to explain the French plans for Europe (specifically on migrants, borders and the economy) as well as what this could mean for the continent and Macron's chances at re-election.
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The next big priority for the EU should be simplifying its naming system. Why is there a presidency of the European Parliament, presidency of the European commission, presidency of the European Council and rotating presidency of the Council of the European Union? Anyone who isn't an expert in EU affairs would be completely lost trying to understand it.
This. Although it might seem unimportant, the somewhat intentional decision to make EU institutions seem as Byzantine, boring, and technocratic/bureaucratic as possible is why Europeans feel so disconnected from it and that it lacks legitimacy.
It isn’t
@@richardparadox163 bureacrucy should technocratic and boring, thats their purpose.
Exaggerate much ? The EU has websites, legal documentation, everything is laid out clearly. You seem to be complaining more about people being too lazy to Google the EU before they start chanting "take back control".
@@TheNefastor That is ultimately meaningless in the end. If people can't remember what name means which, then all the info they read will just get jumbled up, confused, and in the end become worthless. At best, misleading. Which, come to think of it, is actually worse than worthless, because it leads to a lot of bad assumptions, beliefs, and decisions. Names are crucial. Whoever designed the EU's naming structure clearly had no clue what they were doing or intentionally did it that way to confuse the layman.
This channel deserved to be the best. It covers places inside Europe that not many news outlets do. There is a pretty big oversaturation of english coverage of western countries, but a complete lack of eastern europe/balkans/etc
lol
because we don't want to be associated with Western European countries maybe?
with all the garbage taking place in Sweden, Germany, France and UK.
I think we are good.
@@LevisH21 yet you gladly take our money for infrastructure
It's not true to say there is a complete lack of coverage of eastern Europe & balkans countries.
The Polish governments attempt to take over the judicial system and threaten judges with prison for rulings to their disliking was covered.
Lithuania opening a Taiwanese embassy in defiance of China was covered.
Romania suspended a judge recently because he posted a video to tiktok last year. It was said he brought an unfavorable view of the justice system by posting any video to tiktok. Other judges are reported to feel intimidated.
Viktor Orban and the Hungarian government are well covered.
Slovakia and Taiwan are try to deepen trade links.
³³³³
@@popeyedesailorman5225 We are saying that this CHANNEL still covers a lot more. At least from my perspective outside of Europe. Maybe in the news inside an EU country there is more tho
Considering that France is the only country in the EU that has a complete army that is a very interesting proposal. Germany has some tanks and artillery, Italy has a navy and a decent airforce, Spain has a bit of groundforces, etc. But France has everything including a nuclear umbrella.
And an efficient spaceport.
Putin will be crying
mate greece has a fucking huge army
btw all of Europe's armies are dog shit btw size does not mean quality ask iraq how the 4th biggest army faired to the might of the usa.
@@billthekid1591
Don't underestimate European armies, they have always been the best of the best.
European powers has throughout history always sent spies around the world to watch and observe foreign nations' military. They laughed and looked at it with disgust. The army of the USA can be beat by European armies merging together - if there was an even fight between the USA and the European Union's member states.
If it wasn't for WW1, the USA would still be relatively poor. Even if it did fire, the Entente would have defeated the Central Powers no matter what. It would have only been a question of time, as the USA's army was nothing but absolute dogshit - all it did was change the psychological view of Germany on the war - as Germany, France and Great Britain had the most professional and best trained armies of the world.
Macron should take the opportunity to ensure the security and continuing stability by reorganising the European Union into the First European Empire, for a safe and secure society.
I assume that you would like it if he named one of your descendants as the rightful Emperor of the French and Europe, too.
1.
carolingian empire already existed
2.
no
@@calibvr Notice his username. It's a joke.
@@harryviking6347 It's a joke. Look at his username.
Nah not an Empire yet first the federation then macron decides to run for president, gets elected holds a totally legit referendum on wether or not he should be president for live, wins, attacks Russia, wins, attack turkey, wins and then ask the public for a referendum on wether or not the presidency should be abolished and cahnged into a hereditary position called: "Augustus"
I'm glad Macron pushes for strategic independance. We've seen how unreliable the US can be so it's better for us to take care of ourselves.
How unreliable the US is? How reliable is the EU? Can the EU actually contribute in any way to anything?
@@TheBooban
Yes it can . There is a diffrence in what US wants and what EU wants .
When US wants to blow up relations with Iran and EU doesnt its not on eu for not supporting US.
As someone who lives in the us.....you're not wrong.
As an American I couldn't agree more
@@TheBooban well if US wants to bomb the middle east, it would be kind of good if EU could not engage
the presidency of the council of the european union is not the same as the presidency of the european council. Holy fuck, this is peak EU right here.
Definitly, it blew my mind how dumb this is
they are exactly the same
I actually appreciate how pragmatic he is. He's addressing the situation of the EU as it actually is rather than some optimistic dream.
He won't have a problem with being the most pro-European candidate then, as you say. The French may have an opinion, they're not stupid. Could be a good moment to re-evaluate, though, not underestimating the post-Merkel influence from Berlin. To support his argument however, he just needs to point to the smashing opportunities "enjoyed" across the Channel, just saying...
I would appreciate him more if he cared a bit about the rest of Europe too. Everything he does/propose is just about France. If it coincidentally benefits the rest of Europe, good, if it goes against Europe's general interests he doesn't care.
@@idraote sure but I'm irish. I overall believe in the idea of the EU but am fully aware we're a small island in a big ocean. Our chances of getting anything ourselves is unlikey. If a foreign leader from a fellow EU nation proposes something that indirectly benefits us then so be it
France is literally Somalia. The no-go zones are huge. A failure State. Economically pretty bad too.
@@poltergeist7621 what are you talking about the fox news bullshit ? Proven false since a while man I literally need to walk to the other side of my city each weekend at night I have never been attacked or anything.
Yes, this is definitely my favourite channel as a European. Global is a close 2nd. The reason for this is because (at least in Denmark) We get a lot of Scandinavian news, US news and of course local Danish news. But a general EU news outlet is missing. That's where you do an amazing job. Thanks for that :)
@Futurus Europae God knows you cant trust an englishman in the dark, why doesn't a frenchman know that?
Euronews is good
More news from the EU ...?
Yawn......! Just remembered I have to sort out my sock drawer....
Maybe you could try to find one of
those empty supermarket shelves
that EU fans are always talking
about ? Or what about The Fuel
Crisis ( it lasted about one week ! ) Or the Turkey shortage ..??
Or the Lorry driver shortage ??
That lasted about 2 weeks..!
Mass unemployment after Brexit ?
Didn't happen! Jobs in City of London all disappearing ?
Oops..! That didn't happen either .
Yes. There's a lot you could report
on !
Strategic autonomy is obviously crucial going forward, and border reform is sensible too. Looks promising.
Pay money to fight people smugglers in Africa,cut the head of snakes by yourself
Honestly most of these ideas seem quite good, at least from my(croatian) perspective. Hell, I wouldn't be opposed to Frontex taking care of all border control in the Schengen area as then the responsibility of it would befall to all of EU instead of using border regions as scapegoats for any migration issues
im interested to see what how and why the are changing the border-free zones and what they wishing to accomplish by it. I'm certainly no politcs expert so i might be lacking quite some context so i'd love to see the reasoning and ups and downs of it. Because isnt that one of the big plus sides to the eu?
France is literally Somalia. The no-go zones are huge. A failure State. Economically pretty bad too.
@@poltergeist7621 one example pls ?
Although France can be more than a little frustrating with its constant visions of Empire, Mr. Macron seems to be, in my opinion, unusually accurate in his vision of European needs . His statements of policy to meet those needs are also unusually pragmatic and practical for a politician.
The European Army in its making.
What visions of Empire? Seriously, wtf? France is a Republic...
@@adrien5834 an the USA is too. Being considered an Empire is more than having an Emperor
@@arturramirez7640 So, in that sense, in what way does France have "visions of Empire"?
He's got an election coming up, so he's lying through his teeth. Everything he says will go out the window once it's over.
Finally we are starting to head towards military independence. This should be our primary goal because that will give us much better negotiation position across the Globe.
Only if the EU .anufacturers their own weapons. If they still rely on purchased American products then it's just NATO with extra steps.
@@tommyinthewell Well the EU has manufacturing for small arms armored vechicles and aircraft its just that its not enough for the 26 member states
I can't see Sweden being keen on getting shackled to military alliances after keeping neutral for 200 years.
The US will never allow it. You guys are just vassal states of the US.
@@lwglwglwg as a American the EU can go handle it's self. NATO should be disbanded. Or have us leave it.
I am continually impressed by the simplicity and clarity of your videos. The visual effects make everything clearer and underline the main points of your videos without distracting from what you're saying. Whoever you have in charge of the visual design has really done a great job in creating a very readable and distinctive style. It's what got my interest first and what kept me watching your guys' videos. Great work!
Macron may be an unpopular President in his country, what he plans to do for Europe is absolutely what should be done and it will benefit everyone on the continent
Highly doubt he gonna get majority of support around the continent
A multi tier EU is not a Europe of equals. That's a recipe for long term disaster. As a short term option until the current moment of crisis passes, it would be acceptable. But the whole point of the EU is to create a structure in which democratic collaboration between nations does not create new power hierarchies and jealousies.
The top priority is securing European unity as a united front against Russian aggression and the Russian strategy to divide and conquer Europe by covertly promoting nationalism and divisiveness.
Errrrrr....... After the first two minutes of "explanation" of the EU institutions, I now suspect that the UK may have left the EU out of sheer confusion!
It has.
The UK has never bothered to read the rules: the EU (the EEC then) never was just a market.
@@jetaddicted Actually, the EEC was essentially just a market, albeit one with ambitions for "ever closer union" on a scale and in areas not shared by the UK.
the good old meme whereby the day after Brexit the top google search in the UK was "what is the EU".
@@jukahri Ahhhh, but was the meme representing the truth? Memes, like satire, don't have to be factually accurate to be funny.
@@jukahri That was Remainers - they weren't sure what they voted for!
Turkey should forget about EU membership forever.
I would have thought that the antidemocratic direction Turkey has taken under Erdogan would have made it clear long ago that Turkey in the EU isn't goign to happen.
Indeed lok
Turkey is more developed than most balkan countries (Eastern Europe) European nations worry is religion. But it'll be their lost no Turkey.
@@chanell68 says Murat the turk
@@diazcastro7331 it's fact. All the balkan countries are poor, they visit turkey to do shopping they cant visit western countries. Since Poland bulgaria Greece and many more joined eu they left their countries and moved to UK and Germany. World know this lol wake up. Do you think they're having a perfect life style lol
I don't like his plans for Schengen. Free travel and trade is too important. But the other goals he's set are going to be a necessity. The US is too unstable to be relied on for military cooperation, and Cold War adversaries of NATO are reigniting the slow burning fire. Weaponizing immigration also looks to be the new tool in their arsenal to embolding extremism inside Europe.
When did the USA last not help France militarily?
Vs when did other EU countries not support it?
Suez?
Iraq?
Which is more recent?
Always good to have mental time frame longer than food lasts in the fridge.
@@metaxu3305
They are examples where the US didn't come in to defend / back up an EU country? Hence France is worried the states won't back them up in the future. So needs an independent EU army.
Aren't they examples where you don't like US defence policy in a non EU field? So you think an independent EU defence capability is needed to be strengthened or expanded to .... stop the USA doing something in Syria. To fight against America?
@@metaxu3305 do you think it unreasonable that EU member states contribute more to their security? I mean, NATO members did agree to contributions that weren't being met. Trump aside, is NATO even necessary?
@@metaxu3305 I guess they didn't take nukes into account.
@@metaxu3305 Ukraine is not in the EU, so I don't really see the relevance. OTOH, I wouldn't expect the Poles or the Fins to go down easily, especially with all the European air forces and a ton of armor and artillery in support. I'm pretty sure they have no intention of letting the Russians subjugate them ever again. Also, what would be the point, from a Russian perspective? Do you think the Russian people is eager to go through this again? Putin isn't an idiot, it would be political suicide (maybe actual suicide). Would the Russian military even go along with it?
These ideas sound reasonable, I especially love the idea of EuroArmy that France & Germany have been pushing for a while.
We already have one of those.
But how to convince Sweden, Ireland and Austria whom are not in NATO. What about the UK, Norway, North Macedonia and Iceland countries that are in NATO but not in the EU?
"All of this talk about a European army is nothing more than a dangerous fantasy." Ah, brings back memories of Cleggy, that poor little lying bastard.
And no more UK to block it either
Is it reasonable to destroy millions of lives with one policy? I'm referring to minimum wage. Hundreds of thousands of companies will go out of business, millions will become unemployed, most young people will be unemployable having no skills and no experience and you find this reasonable?
What gives me more hope than all these policies (well, some of them, like the EU army, are something I even consider dangerous) is that the upcoming presidential "triumvirate" - France, Czechia, Sweden - have one significant thing in common. All 3 of them are quite significantly pro-nuclear, which is a great opportunity to push some support to the most viable carbon-free energy source through the backwards resistance of (mainly) Germany and Austria.
Yes, I'm a Czech.
We stand together
I'm French
I hope so but Sweden is still a bit too afraid of nuclear to do what’s best. We’re closing down our nuclear reactors.
Wishing we relied on it slightly more here in the UK too! As a bridge to renewables, it's the only way
Nuclear technology is much safer today. Just dont put it in a zone that is vulnerable to tsunamis.
@@espnoberg6130 The want for nuclear power is bigger than ever in Sweden 46% of the population want to build new ones 31% want us to use nuclear power but not to build new plants. Only 14% are for the shutting down of nuclear reactors. The remaining circa 9% are unsure. The people want nuclear power, it is the current government who are against it.
In typical french style, macron plans on changing everything right after the UK leaves
well... while the UK was still a voting member, no significant change could happen, so...
Au revoir, monsieur dit-non.
But the UK doesn't care.
The UK stood in the way of many of the plans that other EU states had.
The UK's problem was that it was never genuinely interested in the EU.
@@DarkNog yes but the things mentioned in the video are quite literally changing the things that caused the UK to leave in the first place
Had they actually gotten off their asses brexit wouldn’t of even happened
I agree with him a lot. Especially border reforms and an EU army is necessary now and will get even more so in the near future. The sea is starting to get rough again. Based on Belarus, China, 10 coups per year in Africa and the upcoming economic catastrophe from Corona, I think we had the longest time of "peaceish" conditions in the world over all. I have the feeling this is about to end.
You agree on the fact that fiscal loosing creates prosperity...? LMFAO...
What it will solve is the fact that we control our own urges and our own spending. So basically trow away the budgetting rules because they dont fit our spending habits? Well if you cant afford something, dont buy it... That is the basic rule of finance. Trowing away the fiscal rules would just be stupid. Due to the corona bonds (euro bonds) there has already been a system in place that is ruled under a significant amount of moral hazard.... This just adds to it... As a Dutchman I would highly encourage Rutte to veto that shit... Dont become the wallet of stupid states...
@@tim3440 i hate to do that, but seriously... if you can't even write ONE single sentence without 10 typos , maybe, just maybe you shouldn't comment on economics. Especially if even ignoring the typos, it's just meaningless ramblings you copy pasted from other websites without actually understanding any of it?
That sounds utterly insane, an EU armed force, that's actually stupid af
European army? Never!
@@bradley6357 why?
France will always be French.
It warms my heart that I think the same as Makron. He is putting quite some fingers in some places, but his heart is in the right place.
Good luck French, I'm rooting for ya.
as you people say in france: allahu akbar !
@@roberttrisca8210 We don't do any of this religious crap over here, you must have us confused with someone else. The Americans, probably, they spend their time on their knees, or their allies the Saudis.
@@adrien5834 he is trying to point out that French people are very tolerable towards others, and this is seen as a sign of submission.
Fortunately, the rather naive conversation colleague doesn't live in France, or in countries that the French used to hate.
Macron's heart isn't in the right place. His repeating scandals prove he's an arrogant neoliberal scoundrel who despises poor people, is fine with covering criminal, and he has poor strategical vision. I predict here that his agenda will get shot down, as it has many times efore, whether he is reelected or not
@@Kamfrenchie Somunds like an upstanding individual to me.
Narrator: "Take back control from Europe"
Video: "Take back control of Europe"
Two very different things
As an European and also as a French people, I suppose I know why he's doing so : in 2017, he got elected on a social-liberal very europhilic campaign, but his presidency was more liberal than social-liberal, and even if he changes in 2021 and adds social measures to his policies, he lost voters from center-left. So to boost its popularity within center and center-left, his only card is his EU-agenda, and ye its positive, yes we want it, and yes if he succeds he might have more votes, but will it be a vote by conviction or just because there's no other clearly europhilic candidate ? Although, he has to manage right-wingers who could potentially vote for him, and what's better than saying "we will control our borders", something the far right asked for years and years ? I think he's completely playing the game of the elections.
Yep, the man (along with a lot of politicians across todays world) is someone with no real convictions no real policies that they believe in, rather someone who says the right thing at the right time. Personally I find this kind of person a real turn off.
@Voiceofsanity I am on the right from you. I would be in favour of more control of immigration and more pro family policies (and the man can stay at home and raise the children and the woman can go to work, if that makes sense to people involved). All this said I agree with you he has made a bad situation worse, why?
You either decide to go all in and make things work more integration more education less pushing the muslims into one area more spreading them out across the city (ies) - do not create a "them" and "us" thing.
Or you decide to pay people to go home, you push back at the culture of the migrants (no burkas etc.) reduce social benefits etc the carrot and a stick approach
He has implemented bits of a liberal approach and bits of a right wing approach and therefore has made things worse.
@「 Deadpoppin 」 what we need is more awareness about neoliberal economic nonsense and great plan for integration, not xenophobic dumb obscurantism thanks
Macron has always been pushing for more power to the EU, so it's not more playing for the election than just following his goal, and if you followed a bit, in his last speechs he literally opposed to what the far right is going for.
@@sampajam6256 Yes, hard to ignore now the ongoing march towards technocratic feudalism
I was waiting for that. This french presidency is very important to move the needle.
There is a new German chancellor who is more EU friendly than Merkel who rejected almost all of Macron's proposal.
Macron will be reelected (sorry right winger but both far right candidates has no chance, worst case possible scenario is Pecresse who isn't againt EU).
This is a unique opportunity to finally solve EU's issues.
Pecresse will be elected because she will attract many womens' votes from the far left all the way to the far right, which Macron cannot dream doing.
In addition regarding Macron, many people would rather choose suicide than vote for him.
Macron has a thin lead (if there is a second round Macron vs Pecresse) right now but a couple of weeks ago very few people thought of Pecresse as a possible candidate and she is getting more mind share as fast as surely.
Ps il will vote Macron first and second round... Pecresse is just as bright as Macron but Macron has far more experience now.
Which issues? The fiscal problems arent solved... You solve that by simply not spending as much...
@@BStrapper I doubt Pecresse will succeed, as soon as she announce her plan for age retirement and her antisocial policy her number will drop to the ground. But ok, i'm nice and i will suppose Pécresse wins : it change nothing, she is not far from macron on EU related topics.
@@tim3440 Autonomic strategy, and numbers of topics not mentioned in the video like the way EU is working. A lot of Macron's proposal from the Sorbonne speech were ignored by Merkel, it will not be the case with Scholz. And now there is not that much EU leader who will oppose that. In Italy Draghi is far more EU friendly than the 5star/Lega governement from that time. It's a real opportunity to go to the next level.
@@Kafei01 lmfao... As a dutch man I would encourage a nexit... This is just laughable... Damn bro the propanganda is really working with you.
France is the keystone of the EU. Uniquely positioned.
And Germany is the strong base!
France is literally Somalia. The no-go zones are huge. A failure State. Economically pretty bad too.
@@poltergeist7621 If France is Somalia, what is Hungary? You don't know what a failed state is.
@@poltergeist7621 Literally or metaphorically? I'm pretty sure France is literally France...
@@MichaelDavis-mk4me I said Somalia because it's full of african and arab inmigrants that are destroying the country even wanting to push the Sharia Law upside the Constitution. Hungary is one of the safest countries in EU and one of the lowest unemployment rates in the EU. Not a failure State to me at all. My Country (Spain) with our Socialist Government we are top youth and general unemployment rates in all EU and the ones with the lowest fall of our PIB.
I recently found out, how the 60% and 3% of deficit came into being:
In 1981 france had a growing deficit, near to 2.6% of the GDP, due the social policy of President Francois Mitterand.
To ensure the citiens, that the situation was under control, his gouverment instructed the two financial experts Guy Abeille and Roland de Villepin, to to create a rule, how high the deficit could rise.
Within one evening these two opted for 3% of the GDP, because 1% would have been impossible to match for any country and 2% would have put the gouverment under a lot of pressure.
The 60% on the other hand were choosen, because that was simply the debt of the european contries in the early nineties.
In both cases, no economical or financial aspects were considered.
Actually, there is one country in the world where more debt is the guarantee that the world's economical system can continue its (maybe doomed) course.
@@alphanet72 Which one? USA?
@@billpetrak uhu as long demand stays the same thats not a problem, but now with covid, altho it creates other demands, the dollar can no longer maintain the world inflation. This will have a snowball effect. We prolly gonna need US more then ever before. Not just militarly but also in new economic policies. Not to make the rich richer, but to prevent the complete collapse of societies.
4:55 You could even continue further north, to the tip of Norway.
As your map correctly shows, Norway (except Svalbard) is in the Schengenarea.
Let’s not forget Queen Maud Land! :)
Completely agree that EU should have an army! We are capable of taking care ourselves to do our own choices and decisions instead following the interests of others.
Mick wallace isn’t going to like it
I'm not dying for a country I've never heard of.
@@wakey87 then after that country do down a country u heard about will be next and it most likely be yours.
that pretty stupid way to counter expanding country like Russia which would easily bully all EU state one by one if they weren't united.
i am not even from EU, i am from middle east wished arab nations had that kind of unity to protect themselves from outside powerful powers.
@@rushyscoper1651 Russia doesn’t have the power to invade EU for many reasons. France has wages 25 offensive wars since they join EU, most EU countries has no interest in joining those wars. They also has early advantage in military industries if EU has armies. As % of GDP France also has triple the average spending on armies, you can see that they have to cut a lot of subsidies to cover for their armies that has achieve fuck all if you ask me they attack Syria and protects some African countries and that’s all. EU geography is just not made for global power projection (offensive threat is VERY expensive for EU compared to US but it’s a long subject)
There will be no land war between EU and Russia because both has nuclear. Worse come to worst they will relive their influence on ex USSR states.
EU army would be high cost low reward and it would mostly be in the interest of France and few other countries, the loser would be EU citizens especially the poor.
@@yudistiraliem135 sure EU can stand its ground to Russia if they where together.
I live in the EU, and this is my main source of EU news
Oh... really? You can do WAY better then getting a TLDR from a bunch of badly educated boys that are the product of a EUrophobe educational system indoctrinated by Britsh exceptionalism.
@@popelgruner595 would care to list a few examples?
@@popelgruner595 To describe this channel as europhobic is laughable. Which partiular soundproofed echo chamber do you prefer?
"Is Macron addressing a French audience or a European one?"
Both, because, like every EU leader, he has to. On the one hand, he has to convince the people who actually voted for him that he's representing their interests, but at the same time he's treaty-bound to address the interests of a much larger body of people in the rest of the EU that didn't vote for him and who may percieve their interests as being very different from each other and the French. This fundamental tension is why EU politicians rarely achieve much, lurching year-on-year, decade-on-decade from one unsatisfactory compromise to the next. It's also why the EU's mask of 'democracy' is paper thin, since EU politicians are prevented, or at least discouraged, from truly representing their electorates.
What you are saying doesn't make much internal sense. Macron is using the EU presidency (in an intergovernmental chamber(=the Council of ministers of the EU)) to promote his own national interest (and maybe a vaguer centre right voter base), that's the point of the video, that's the point of having presidencies rotating every 6months. I don't think he is trying to appeal to any European audience per se
France is literally Somalia. The no-go zones are huge. A failure State. Economically pretty bad too.
@@poltergeist7621 hahaha what are you even talking about. I hope you take ownership of the fact that your comparison with Somalia is utterly unserious.
@@raffyredchilli 1. The Somalia thing is because the ridiculous astronomical amount of Moors and Blacks. The half of the country now LMAO
2. France urged to reinvigorate its industrial sector
By EARLE GALE in London | China Daily Global | Updated: 2021-12-16 09:51
National auditor blames 'structural failings', 'declining' school system, culture ministry
France is on a downward spiral with education, culture and its global power and influence all waning in recent years, according to the nation's official auditor.
In a damning report released this week, the Cour des Comptes, which oversees use of public fund in France, said the country has been tumbling, increasingly quickly, down global rankings of industrialized nations during the past 15 years.
The auditor said some of the country's international rivals have also hit hard times recently, but France has "been exposed to a greater deindustrialization trend than its main partners".
The Cour des Comptes based its conclusions on figures gathered and released by the World Bank, which has measured manufacturing added-value as a percentage of GDP annually between 2004 and 2019.
The United Kingdom's Daily Telegraph newspaper, which was a strong supporter of Britain leaving the European Union and occasionally seen as critical of France, reported that the Cour des Comptes had described the country as having "structural failings", a "declining" school system, and a culture ministry that is both out-of-date and expensive.
The Daily Telegraph also reported that the indictment has come at a difficult time for President Emmanuel Macron, who is up for reelection in four months.
France Inter radio quoted Pierre Moscovici, president of the Cour des Comptes and main author of the report, as saying that France urgently needs to update its industrial policy to arrest the decline.
"Today, industry represents 11 percent of GDP," Moscovici said. "We have lost ground compared to European partners, including Germany and even northern Italy."
Moscovici said in a warning to Macron, who is standing against far-right candidate Eric Zemmour in the presidential election, that a nation that is declining industrially "loses standing" internationally, which leads "working classes toward populism, notably the far-right". (Maybe is becasue the right-wing fights for blue collars, something that the left-wing refused to defend a log time ago to embrace globalism and wokeism postmodernist for wealthy people and white collars).
3. Bank of France Sees a Renaissance of a Long-Lost Inflation Trend
By William Horobin +Follow
19 de diciembre de 2021 15:00 CET
The French economy is set to emerge from the Covid pandemic with trend inflation significantly closer to 2%, something monetary authorities had unsuccessfully battled to achieve since the global financial crisis more than a decade ago.
According to updated forecasts from the country’s central bank, consumer price growth will settle at around 1.5% in 2023 and 2024, after the effect of surging energy prices tails off next year. Stripping out energy and food, the rate in the euro area’s second largest economy would be 1.7% in those two years compared to around 0.7% in the seven years preceding the pandemic.
“The return toward normal in 2023 and 2024 would not be a return to the situation between 2013 and 2019, characterized by inflation that was too weak,” Bank of France Governor Francois Villeroy de Galhau said in an interview with Les Echos newspaper. “On the contrary, we could get back to a better balanced inflation regime, like before the 2008 financial crisis, with inflation around 2% on average in the euro area.”
The reassessment of price dynamics in the currency bloc has given policy makers at the European Central Bank more leeway to plot a course out of exceptional monetary stimulus. That began last week with the announcement of an end of net asset purchases under the emergency program -- known as PEPP -- and a temporary boost to regular bond buying to smooth the exit.
Yet Villeroy said the “optionality” the ECB included in its decisions still gives it the means to quickly change its stance depending on real data.
“It’s close and pragmatic piloting,” Villeroy said. “We have a firm hand, but it is still a free hand.”
In its inflation outlook, the Bank of France said strengthening labor markets and a narrowing of the output gap will drive a clear advance in wages and services prices over its forecast horizon. Rises in manufactured goods prices will, however, contribute less to inflation than in recent months, it said.
The central bank cautioned that uncertainty surrounding its forecasts “remains high.” In the short term, the inflation hump could go on for longer, while the longer term trend will depend on the interaction between wages and services prices, it said.
The French economy has outperformed major European peers in its recovery from the slump during the Covid pandemic, reaching pre-crisis levels of output in the third quarter of this year.
The Bank of France raised its 2021 growth projection to 6.7% from 6.3% and said that industrial supply shortages and the latest wave of Covid infections would only temporarily disrupt the trend. It predicts growth at 3.6% in 2022 and 2.2% in 2023.
“Over recent months, the French economy has shown its capacity to adapt to the context of the pandemic,” the Bank of France said.
In 2024, however, the central bank expects economic growth to fall back to 1.4%. To boost that rate, Villeroy called for more economic reforms to make work more attractive, improve education and training and overhaul the pension system.
“We will rediscover a structural challenge for the French economy: potential growth that is too weak,” Villeroy said. “It’s clearly insufficient.
@@poltergeist7621 lmao you, not only you are racist, but you are utterly wrong, the total % of "mixed" (european, african and so on) people in france is only 30% , and mixed people from africa and such are even lesser in this mixed data
Having an EU, rather than NATO, defense force would ease Russian wariness, yet one would still have to be wary of Russia
Would ease weariness how? By allowing Russia to reassert influence over Eastern Europe as nato stops mattering? Russia has a much better military than the rest of Europe... And Europe is still addicted to their gas
It might deter them, but they sure as hell aren't going to become more friendly.
@@MichaelDavis-mk4me Russia complains about NATO surrounding them so if the EU forms an actual EU army that ensures the protection of all member states from outside threats like a peace keeping force that the UN could deploy then Russia should stop bitching all the time since the EU is not following America's lead and are protecting themselves while still maintaining trade links with Russia, no? Such an army would keep the old soviet republics peace of mind as they'd know all of Europe is behind them in case Russia tries to pull another Crimea and Russia can't complain that America is on their border. I'm sure Russia would still bitch never endingly since the only thing that would give Putin peace of mind is complete domination of every state East of Berlin, but w/e.
@@Some_Cool_Dude WARINESS
@@GoDLiKeKakashi Da 🇷🇴
Quick question: what are the political pressures that would make a French president concerned for European opinion apart from how such an opinion also sways French opinion? Interested in what people think.
Macron actually cares more about Europe than his réputation in France. But foreign pressure is what motivate him more, and Germany vas always be passive and submissive
Because it 's happens that France shares a border with UK, ok there is the channel between them, but it is still a border .
Good news for Ireland , I mean the Republic of Ireland.
It seems that Lord Frost resigned just in time
@Futurus Europae Get out of here
1:31 the European Council in practice only has one Head of State on it (namely the President of the French Republic); it is the Council made up of Heads of Government or Heads of State, whichever is most important in the country in question. As almost all EU countries are parliamentary democracies, the Heads of State don't show up.
As a constitutional monarchy, our head of state is the king. And our king does what is wise for him to do in politics; staying far away from it, and just perform his ceremonial role. There is no way you'll see him in the Europeam council, that's the prime minister's job.
I love this channel but it seems kinda focused only on a few countries in Europe.
I mean its TLDR "EU"
its focus is on the EU, not Europe, so of course European countries that aren't in the EU get excluded, if that's what you mean. I think it gives plenty of attention to all the EU countries; often people think that the EU is just France and Germany, but TLDR has and often does cover Poland, Czechia, Romania, Italy, and others
@@madscientist7430 Except it doesn't actually. We had a health crisis and political crisis in Romania in september and october and despite comments asking for a video in the comment sections on this channel, we got nothing.
Give them a credit, they are still growing. It is humanly impossible to cover everything what is going on, especially given the fact that they are still new to the business. They only have 2 speakers as far as I noticed, so I don't think they have too many people working on the background. They aren't as large as actual TV news channels to be able to cover everything. BUT, it seems they are growing, just give them time. Everything takes time :) Rome wasn't built in one day
@@madscientist7430 I see what you mean, but it's not really equal in treatment.
Here are the 50 last TLDR EU videos and we can clearly see a favor towards a few "western" countries.
EU in its whole: 13
Germany: 7
France: 5
Russia: 5
POland: 3
Czech Republic: 3
Portugal: 2
Netherland: 2
Sweden: 2
Norway: 2
Estonia: 1
Italy: 1
Moldova: 1
Turkey: 1
Kosovo: 1
Bulgaria: 1
As an American, I'm cool with the EU forming their own military and having US troops come home.
As an European, no offense but we didn't ask for permission to form our own military
@@PhysiOSQuantum I don’t think Everett’s comment was about granting you permission to form an army but rather endorsing the idea.
I agree with that sentiment regardless of whether Europe forms an official joint military force or just starts taking full responsibility for their own defense.
Every American troop, vehicle, and especially dollar etc. should be pulled out immediately.
The US should serve the role of reliable ally, not nurse-maid any longer.
Everyone is cool with American troops coming home..
@@Praxeus514 r/whoosh I know, you failed to notice my joke
@@PhysiOSQuantum Do you all really say an European? Do you pronounce it Yu-roh-Pee-in or...
Love that we (Sweden) will get the presidancy after our election. (We have election in september 2022 and eu presidancy in Jan 2023) love the Euroarmy aswell.
@「 Deadpoppin 」 communication will not be a problem. We can handle air traffic control in English all over the world, for example, and Iranians and Pakistanis rip off the same English language textbooks on the internet as everybody else. And as the weabo (*the* Weabo?) said, even the French and Germans are getting decent at English these days.
No, the problems are with the support of the populations of the member states and with agreeing on who to attack and who to protect us and our allies against.
It seems like a step up from the battle groups
@@oscarosullivan4513 Again with your cringe comments
Respect to Sultanate of Swedestan
Memetopia would you shut your gob
"Suspending Schengen" and temporary measures to deal with an acute crisis are wildly different beasts.
Great video!
When Macron talks about a Schengen reform he mainly talks about the EU external borders, not the internal ones. This video is misleading
The "To the northern tip of Finland" part is going to trigger some Norwegians. ;)
Finnmark is forever Suomi
@@walrus1074 Nettopp ;)
The two most important and urgent subjects are: political autonomy and border review. European citizens have witnessed with horror attempt to destabilize Europe with immigrants.If this problem is not fixed am afraid European citizens may resort to nondemocratic means to protect themselves. Second Europe saw how unreliable America has become onder Trump. 50% percent of American are busy undermining democracy in the US als we speak. Therefore relying on America going forward will be suicidal. Good example is what happend to France on submarine deal with Australia. America kicked out an EU member state without warning. This is just the beginning.
NATO and US support started in 1949, sofor 4 years that idiot Trump ignored or pissed off it's NATO and EU allies, but 4 years out over 70 years the US was there. I do agree there are a lot off crazy Trumpsters. To be honest, the EU has it's fair share in Poland and Hungary. Still as an American, I do like Macron's approach. Biden for his fault is old school NATO and transatlantic supporter. I wouldn't just worry about the US, do you think Spain and some other countries would come to the aid of the Baltic states if attacked? I can see neutral Sweden and Finland getting involved sooner. Neither NATO, the EU or the US will go to war over the Ukraine. As far as the submarine deal, Biden and Macron mended the disagreement pretty fast, faster than the UK and Australia who's had the responsibility to tell the French they weren't going to buy their submarines. It was handled wrong, they should have involved France in the new type of submarine and included them over Pacific security. Australia is going to buy what they want but be open about there change in mind.
Can't wait to get more from this channel in 2022!
Love the content and the delivery but a proofreader would give you that extra boost ;)
Enjoy the holidays and keep that content coming, I want to see these channels blow up without that Bercow push!
And Slovenia holding presidency in 22 after France 😄
2020 was almost 2 years ago
@@reax5526 edited. Guess I could do with a proofreader myself 😐
Love the full screen graphic! Prefer it over the half and half.
TLDR is honestly the best non-establishment news source out there! Keep up the good work
A lot of the EU needs to be reformed. It’s partly why Brexit happened.
ahhh yes the logic...the EU made the british to vote themselves out...
@@Ashley-lm4nv One of the reasons that went round why we should leave is that due to the expansion of the EU it’s institutions were not fit for purpose. Also that the EU had such vast differences in certain regional areas that a reform of the EU was needed but wouldn’t as it was stuck in the past.
@@Ashley-lm4nv Umm... yes, it did? Either that, or the British left because they had nothing better to do that day other than randomly vote no on a random referendum.
Hopefully EU will reinforce its borders and security. It really needs it and should try to stop relying on America (NATO) so much.
Really hope it happens.
Europe needs its own army
France takes over the EU just after the UK left ? We are going to the good old days of French-British beef I see.
(🇫🇷 & 🇩🇪 ) 🤝 🇬🇧 must lose 🤝 (🇮🇹)
later..
(🇫🇷 & 🇩🇪) 🧼 👏🏼
imo, France doesn't have time to lose with UK and will no waste the time of EU over UK, but for 2 red lines: respect of the signed deals and peace in Ireland...
given how UK operate those days, he still will have to waste time with UK, but not out of pettiness... just in the interest of EU and its members
The UK hasn't prominently featured in French media or politics in a long time, even Brexit is usually a footnote. The submarines and the fishing licenses kerfuffles got passing mentions, but nothing on the scale of the obsession with France and the EU you'll find in British media.
Although I doubt it, perhaps he will finally do something about the economic migrants on his border.
Dependance on US but, and I would add more importantly, also on Russian gas
it is for this reason that france is relaunching the construction of nuclear power plants
@@tanis634 I’ve always been against nuclear, but as we don’t seem to make any progress with anything else, it might be our only hope. Please let’s go for the thorium route
I think in his current speeches Macron is speaking to a French audience but I think he is planning for a grand European plan.
He isn't the first.
Probably more useful if he starts looking for a new job ?
I assume he'll be guaranteed a job
for Life inside the E U bureaucracy
after he's lost the election.?
@@2msvalkyrie529 I thought book writing followed by consultancy is normally the more lucrative path followed!
Thank you for explaining the difference between the presidency of the council of the EU and the presidency of the European council. I need to digest this one!
Excellent as always - just one tiny slip-up: at 2:11 you say Slovenia assumed the Presidency in 2022. You meant 2021. ;-)
2:09 I think you meant “Slovenia in July of 2021,” not Slovenia in July of 2022.
I'm affraid they can't be bothered fixing any mistakes. :-(
It is a very silly mistake. If they had taken the time to review their video, they would have spotted it.
Hello TL;DR news! At 2:08 I noticed a little mistake, It should be the year 2021, not 2022. I just wanted to point that out early on so that you great folks can still have time to fix it. Have a great day!
0:12 it’s already 2021 mate not 2020. Other than that phenomenal video and keep up the good work i hope you get some rest during the holidays
Good. I think that everything he wants to push is very important.
60% debt to GDP ratio. Good old days
Well the only good days... Also these Euro bonds just create moral hazard within European nations...
I thought 60% was way too loose and they think it's too harsh? Wtf is wrong with Europeans?
@@kaparg Welcome to Keynians politics where money is an imaginary thing again.
@@tim3440 Keynians & Modern Monetary Policy is all going to blow up ... it's adoption has led to huge wealth gaps, whole segments of society never been able to afford their own homes ... the "money that was created" has been spent by governments on a lot of stuff that is designed to win elections but with few good long term outcomes.
@@tim3440 pretty much
Oh boy when Europeans start talking about "mastering their destinies" again...
Hello sir. I really love your contents and can you tell me which software you used to create such beautiful graphics and contents.
I think Macron is lowballing it a little bit, but its not like you want to be very decisive or divisive right before an election
What the EU needs is a big cleanup. It is to complicated, too bloated and too removed from citizens. I would start with Shengen, energy autonomy and trade/manufacturing (we cannot destroy our own industry for lower emissions and then import what we used to make from countries that do not give a damn about that stuff)
I agree with you. We are in the process of building something historic and it will take time.
I always said this as an American we ban stuff just to import it like how does that make sense. I’m for bettering the world & how we do things but we must have a plan before cutting entire industries off.
I'd really like to see Europe as a loose federation. Not getting bullied from outside but letting countries decide for themselves.
Nice idea but pretty hard to do concretely.
Ideally, a Europe-wide Switzerland.
Realistically, a Europe wide-Yugoslavia.
More and more taxes, more political gesturing, shooting ourselves in the foot and making progress more difficult over emotionally conceived unreasonable environmental laws... Pushing woke agendas, “don't say merry Christmas say happy holidays” bullshit. Etc, etc.
@@h.inusitatus what do you mean by "emotionally conceived unreasonable environmental laws"?
Hard to have a coherent single "outside voice" when there is no cohesion inside the union. You still need structure and get every countries to move towards the same objective inside to be taken seriously outside
@@h.inusitatus nobody even bothers to do so mate.
very smart video , as usual.
I consider him to be right in the notion that Europe/EU needs to be less dependent on external parties for stuff like defence... because as Trump demonstrated, America might not actually step up if Europe needs it to. But for starters, Marcon will probably try and duel-wield his presidencies to play both internationally but also to make it work for him domestically.
3:03 reminds me of another Union all the way in the New World that also believed in a sort of ‘destiny’
Ya know, there is a difference "being the master of one's own destiny" and "being destined to rule vast swaths of territory"
it would be great if you talked a bit about each presidency
I think he is right but a European Army wouldn’t be supported by a series of EU member states due to a neutral policy towards any Russian aggression (Swede, Ireland, Portugal)
Napoleon would be proud. Only thing now is for the EU to decide to embargo the UK from the mainland for good ol' tradition's sake, and maybe the Brits blowing up a ship or two in Copenhagen.
Blow up Copenhagen for new year’s. (Just joking)
Master of its destiny? So the production that's done in China will be done in Europe?
i'm french so i will speak from our perspective. (all Europeans do not necessarily have the same)
But yes we want greater autonomy in all defense fields but also industrial, we are not talking for example s a European google
Six months is not a long time. It doesn’t mean much, just rotates the chairmanship. Gets everyone involved in organising.
I'd love to hear more about the EU minimum wage issue.
It will be connected with the EU inflation issue, the EU unemployment issue, the EU growing poverty issue and the EU reduction in freedoms issue.
A minimum wage is a big mistake. Unfortunately, it seems that 26 countries are in favor - so even if Denmark's unions oppose, because politicians should not interfere in wages and working conditions
@@formstrup politicians should absolutely control wage and working conditions. Otherwise, we'll end up like Americans : underpaid, overworked, in unsafe workplaces.
@@formstrup It's up to every member of the EU, this means that every country will decide what to do, because they are all sovereign countries
@@xShinichi0258x You're correct, that is if you want to be a serf for a multinational. If you wanted to be an entrepeneur, then it's a threat to you since it means increasing employment costs. It makes it so the only companies capable of operating ARE the multinationals. Also, inflation... more you try to push minimum wage, more the minimum price of goods increases.
Really, all this highlights is the left's scorn for those who seek independency from the welfare system & those who perform well under the merit system. Suffice to say, you can look forward to further brain drain & the lying flat-phenomenon.
Doesnt that mean Macron can over-promise stuffs and 6 months later its someone else problem?
not really because he is extremely likely to be re-elected
Unless he leaves the EU, it's soon going to be his problems too.
he can't over promise because those he has to convince (to get a deal) are not electors but other elected leaders
what he can do is push the ideas forward and use his presidency to make electors all over the EU think those are good idea and so, make their own politicians think they have to push those ideas if they want to be elected... that's still huge work and nothing really important will change during his presidency, but the ideas will move higher in the priorities of the electors who are more or less okay with them...
European defense: long term objective
European common financing: middle term objective
European borders: short term objective (and the easiest to push forward given the circumstances)
I can easily picture a change about the borders policies in his presidency...
I can see the changes about financing move forward with a success, but in 1 or 2 years
The defense is something that may happen in 10 or so years (bare a big international crisis that make it indispensable in a very short term)
lol considering the new coalition in germany france did react really fast
Macron is trying to appeal to his opposition voters, by trying to show some patriotism and autonomy.
Just remember that as you all give sovereignty to a higher power, if it fails, you all fall with it.
"The countries of Europe are too small to guarantee their peoples the necessary prosperity and social development. The European states must constitute themselves into a federation. " Jean Monnet
@@endered3498 oh and it was
Europe expanded very fast, in what now feels a different age (the 1980's). Now is the time for consolidation and an "ever stronger Union", as specified by treaty.
So basically the new Soviet Union? NO THANKS.
@@sintheemptyone8108 Except democratic, liberal, not communist....
@@jukahri Still an authoritarian regime ruled by a mob of blind conformists. Liberal in name only.
The representatives of which are currently busy telling the law enforcement to punch people at the back of the head for not going along with their stunning & brave mandates while they fly their private jets to climate conferences.
Given the French financial position is Macron in a good place to call the shots? Answer, yes if Germany agrees to pay for it all.
Allemagne le payer pour tout encore? Ah bah ouais, c'est sûrement le première guerre mondiale.
Not french btw, just wanted to say it in french for the irony and to flex my bilingualism lmao
Full marks on learning the singular of "criteria". 🙏
2:42 that flag behind him confused me for a second
I mostly agree with the stuff he's saying. I would like to see him strengthen non Schengen and non eu-eu country borders. Internal checks are important, but external ones make the real difference.
EU should be able to act cohesively and autonomously articulating all its forces for common goals Macron proposals seem rather positive
Talk about roasting Jack from the very first second..
So they took that scene from Monty Python and the holy grail to heart in how to setup a government? /S
Like you said we are only talking about an attempt to change things in Europe at best. The European procedures and mechanisms are so balanced that this thing that Germany and France control Europe is actually bulls***t. Of course they are influential countries but they don't have any control in the way the media talks about it
Covid relief? Driven by Germany. Financial crash relief? Driven by Germany. Mass migration? Unilateral decision that affected an entire continent by Merkel. An EU army? Led by France. Schengen reform? Led by France. Hardline Brexit negotiation stance? Cheerleading from France.
@@editorrbr2107 many of the things you've mentioned have much more relevance and are managed at a national level including migration and covid. On Brexit many countries actually acted to protect their interests and appealed to the EU in different ways during negotiations. Anyway the general fact that I was talking about is that without consensus you don't go very far in Europe; and that's true also for France and Germany
Elections are approaching so now we will hear what French society wants to hear later everything will come back the way it was.
I think that in light of Russia threatening Ukraine’s border and the intransigence of Belarus, the European Union is more important than ever. I think that Western Europeans, seemingly far away from that danger and no memory of life under the USSR, aren’t taking that threat seriously enough
A Euro army would be interesting especially with the heat from the east
Can't the EU delay the French elections by a few months, till its presidency is safely held by their President? Changing the president midway certainly is a big risk for the whole of the EU so... But then again, this is the EU: always full of drama and with no action🙄😑
Yawn...! Another EU drama .
Wake me when they've stitched
together the usual back stage
useless , undemocratic " deal " ?
France should quit their past time of strikes and lower their dept to gdp ratio instead of trying to increase the ceiling. Other than that they might be able to push nuclear energy on a EU level.
The debt doesn't matter for bodies with a sovereign currency. If the EU creates a centralized currency authority, similar to the Federal Reserve, then they shouldn't have to worry about debt to GDzp ratios.
I hear the Maginot line is being refurbished just in case.
It's one criterion, many criteria.
How can Europe aspire to be independent from the NATO if almost no countries meet the military spending percentages? Let's be realistic
Most embarrassing thing is that Greece meets it, but the richest countries of Europe don’t.
Macron’s dream come true. Man was lucky to get this during his term.
Whats dream youre talking about? Genuine question.
@Joe Bln Can you elaborate, or are you just memeing?
@Joe Bln You could have saved yourself a lot of effort and simply said "sorry, I'm just trolling".
@@harukrentz435 He’s a major europhile and now he gets to lead one of the EU institutions so obviously it’s a big thing for him. Gets to bring his ideas of evermore united EU to the table, for example in terms of defense.
@Joe Bln That's not a clarification, it's even more confusing.
0:11 Man I sure hope 2020 will be a good year! It's 2019 now and it possibly can't get any worse, am I right?
Cheers
It will be interesting to see what happens if Macron loses to a Eurosceptic candidate...
Nothing new would come out of it, EU has been sailing towards and away from federacy as long as it has existed, it all depends from larger European atmosphere towards EU. So basically more there are Eurosceptic politicians in power in EU countries the more there will be measures taken to steer away from Federacy and vise versa.
I favour any leaders who will strengthen Europe and weaken the American attempts to dominate.
You agree on the fact that fiscal loosing creates prosperity...?
What it will solve is the fact that we control our own urges and our own spending. So basically trow away the budgetting rules because they dont fit our spending habits? Well if you cant afford something, dont buy it... That is the basic rule of finance. Trowing away the fiscal rules would just be stupid. Due to the corona bonds (euro bonds) there has already been a system in place that is ruled under a significant amount of moral hazard.... This just adds to it... As a Dutchman I would highly encourage Rutte to veto that shit... Dont become the wallet of stupid states...
@@tim3440 Your reply is interesting, but has nothing at all to do with my comment.
@@theotherandrew5540 Well these proposals are under the umbrella of strenghing Europe. Thats the relation ;-)
@@tim3440 Somehow I think US domination won't help. Europe has to solve it's own problems.
@@theotherandrew5540 Lmfao... They dont dominate us... We are good allies we have big communities of Europeans living there. Irish, French, Spaniards and so on... So no I dont think its weird that we go together on these issues. Plus I also highly need to highlight the fact to you that the US does most of her things on her own. The contribution to Syria, Iraq, Afghanistan has been minimum... So I doubt you can talk about dominition... And either if you talk about dominition or world order do you rather have the USA than China...?
Why is the answer always more Europe? Thought it was only supposed to be a trading block....
Loosening the fiscal restrictions is definitively a good thing. They are nothing but rules that promote austerity.
LMFAO... You dont create wealth by simply putting more money in the system....
What will solve it is the fact that we control our own urges and our own spending. So basically trow away the budgetting rules because they dont fit our spending habits? Well if you cant afford something, dont buy it... That is the basic rule of finance. Trowing away the fiscal rules would just be stupid. Due to the corona bonds (euro bonds) there has already been a system in place that is ruled under a significant amount of moral hazard.... This just adds to it... As a Dutchman I would highly encourage Rutte to veto that shit... Dont become the wallet of stupid states...
@@tim3440 The basic rules of finance dont apply here when you are possibly dealing with the lives of millions of people, because what are you going to cut? Usually the first thing to go is the welfare state, and now suddenly have an entirely new problem on your hand with millions of people suddenly cut off, unable to find jobs, housing, or also a bunch of people now possibly homeless because they cant work, or are too old to work.
@@RazgrizWing The basic rules of finance still apply here when you are dealing with millions of lives of millions of people... And what are you going to cut, well exactly the wealth fare state or maybe better foreign aid...
And really politicans are already making the decision to dimishing the wealthfare state... Its just not the wealthfare state the southern parts of Europe really any of... Its called pensions... Due to inflation you diminish pension funds...
Thats why I also say that we (Dutch) are paying for the purchasing power of the Southern European people... Via the central bank...
Come on France lead us to more greatness
Yes Stalin u are right
@@nathanrog06 ce serait peut être intéressant de te renseigner sur qui était staline et sur le fonctionnement de l'URSS avant de comparer à l'europe...
@@tanis634 tu n'as compris que c'était marrant que il s'appelle Staline sur youtube et que il dit go la France en Europe
@@tanis634 je sais très bien ce qu'à fait Staline tels que des purges et les goulag
@@nathanrog06 je m'excuse je n'avais pas vu son pseudo ^^