Message from @Nordhand
Discord ID: 561532193281802241
Must be nice to have bailouts
Hmm says the American
i feel like that's an insult @Capitán Alatriste
but i don't understand it so i can't oof
So Spaniard, seeing all the arguements against the EU, what do you want to do, try and fix it I guess?
Also yes. We tried bailouts. It didn't work.
@Deleted User the US banks had to be bailed out by the fed in the early stages of the 2008 recession
I mean it saved the banks but didn't solve the problem.
So it festered and everyone lost faith in the economy, worsening the recession.
https://www.bloomberg.com/news/articles/2019-03-20/deutsche-bank-commerzbank-merger-shows-grim-outlook-for-eu-banks US banks are doing fine after the bailout the EU banks not so much
BOTTOM LINE - Europe is even more dependent on strong banks to fuel its economy than the U.S. Yet the continent’s lenders can’t seem to find healthy profits.
Though the alternative was probably starvation for many.
Yeah the DB and Commerzbank merger is quite delicate atm
It was one of those fucked regardless of your solution things.
One one hand we need strong banks to stand against China yet it would cost thousands in employment
Why would employment cost money?
As in jobs would be lost...
Oh you kean unemployment
I think this is the perfect scenario for an EU, but it looks more like the EU is embracing China to resist American companies instead. It's really weird. I cannot imagine Americans calling for stricter regulations upon IKEA for instance, or BASF.
Actually BASF is a chemical company so they do get regulated heavily
Syngenta too
We have tons of huge European multinationals here, we like them. So when the EU wants American companies to fuck off, we're just like, why? We use your shit too.
It's like, come on Germany. Play fair.
the last two times Germany did try and play fair they got their ass beaten so bad it did leave millions dead
Well
i'm pretty sure at this point that broo is just a twitter bot
<:think_madpepe:378717098630971395>
BASF did manufacture Zyklon B
So
They sorta deserved it.
@Broo TulsiGang 2024 🇬🇧 🇺🇸
BOT, DIRTY BOT. BAD BOT.
HEY
COME BACK HERE BROO
Answer for your crimes!
I'm 'busy' right now
Stop being busy
her eyebrows suggest that's quite close to her natural colour