r/europe • u/paneuropeanism_ Europe • 13h ago

News Von der Leyen: €300 billion in European savings flown overseas every year, primarily to the US, will be invested in Europe from now on. All 27 EU states agreed to establish the S&I Union, a step toward the full Capital Market Union

https://streamable.com/4h43qk
19.5k Upvotes

96% Upvoted

1.3k comments sorted by

View all comments

Show parent comments

12

u/Ruma-park 12h ago

Regulations. You make it more attractive to invest in European stocks.

Also the US being the strongest market is a self reinforcing state, which this savings union is trying to break.

11

u/Key-Speaker007 12h ago

Regulations and taxes are the only two words they know.

2

u/Ruma-park 12h ago

401ks are also regulated in a way to incentivise US stocks...

1

u/Worth_Temperature_42 5h ago

Explain yourself? I'm asking you that because I think you are lying but maybe, maybe I'm wrong lol

1

u/just_that_michal 8h ago

That is kinda the enire point of government lol

1

u/Key-Speaker007 7h ago

Haha, true. But that's only one side. The other side is to provide services to its citizens and build economical and political environment that support fast development and prosperity. Regulations should not become cuffs.

1

u/landismo 1h ago

Ehhhh no. That's the point of a socialist government.

20

u/Navodar94 12h ago

Would really love it to be like that, instead they'll probably find a way to forbid you from investing in the US instead of making EU investing more attractive.

4

u/Ruma-park 12h ago

I think more alongside of 401ks in the USA. You will get incentives to save longterm in the EU with tax rebates.

1

u/Appropriate-Bird-354 2h ago

Regulations

Moreso elimination and harmonization of regulations. That's **PART of how you make it more attractive to invest in European stocks.

Also the US being the strongest market is a self reinforcing state, which this savings union is trying to break.

I would hope not. Economic regulation designed to break another economy isn't a great recipe for success.

1

u/Ruma-park 2h ago

It's not about destroying another economy, it's about breaking the self reinforcement effect, which isn't great for the US, but great for Europe and this being a European policy...makes sense.

EU isn't ruled by Trump, who's modus operandi is in fact destroying other economies.

0

u/Appropriate-Bird-354 1h ago

What do you think the self reinforcement effect is?

EU isn't ruled by Trump, who's modus operandi is in fact destroying other economies.

The EU has spent decades abusing non-tariff barriers to trade to weaponize regulation and trade policy to advantage EU corporations at the expense of American ones and EU consumers contrary to international law. Trump may be a POS mron, but trade conflict with Europe was inevitable and EU-driven.

1

u/Ruma-park 1h ago

You must be drinking the Koolaid, holy hell.

A trade conflict was not inevitable and quite frankly until 2016 i.e. Trump 1, there were only discussions about MORE trade and MORE unity.

0

u/Appropriate-Bird-354 1h ago

You must be drinking the Koolaid, holy hell.

Sorry, I'm just very well informed. If you think this is about koolaid or nationalism, that's a reflection of your own warped understanding.

A trade conflict was not inevitable

It absolutely was. It's been a pretty one-sided war for decades now.

there were only discussions about MORE trade and MORE unity.

IF the EU dropped it's one-sided trade conflict, which it didn't and hasn't and won't.

Which to be fair, IS the right way to do it. The US doesn't win with Trump prosecuting a trade war. It would do better for all parties trying to create better, shared trade practices with the EU. But the EU doesn't and hasn't wanted that, it's a relatively protectionist economy and now Trump is karma. He does what the EU does without any of the pretense.