It really is somewhat misleading to compare an individual EU country to China in terms of its exports as a share of GDP. Germany's "staggering" 43.4% of GDP is a bit less staggering when one considers that the majority of these exports -- nearly 60% in 2023 -- are to other EU countries.
I also would like to "absorb" your worthier thought surpluses, Mr. Fazi. Is it ok for you if I give you some meaningless juridical paperwork in exchange, like for example terms and conditions? Or do you want to invest in my slot machine instead? No? Well, are you really sure to have a choice?
"it stands to be among the hardest hit by Trump’s proposed tariffs" Italy has the same figures as Switzerland which got a 31% whack, Italy with its 20% EU tariff gets away quite well.
So how should the EU respond? What's the appropriate balance? You argue more spending by the EU of EU products. Less exporting. From what I've been observing their is a nationalistic trending in Europe. Why not channel that nationslism by asking Europeans to buy European products. Would letting in more immigrants and incentivising them to buy European products help.
Is Matroni well received in Italy?
I'd kick NATO out and the USA military and focus on self security. What you think Thomas? Self infrastructure projects. Issue Italian bonds to help get the ball rolling
Proof that the EU is the IVth Reich...
It really is somewhat misleading to compare an individual EU country to China in terms of its exports as a share of GDP. Germany's "staggering" 43.4% of GDP is a bit less staggering when one considers that the majority of these exports -- nearly 60% in 2023 -- are to other EU countries.
I also would like to "absorb" your worthier thought surpluses, Mr. Fazi. Is it ok for you if I give you some meaningless juridical paperwork in exchange, like for example terms and conditions? Or do you want to invest in my slot machine instead? No? Well, are you really sure to have a choice?
"it stands to be among the hardest hit by Trump’s proposed tariffs" Italy has the same figures as Switzerland which got a 31% whack, Italy with its 20% EU tariff gets away quite well.
So how should the EU respond? What's the appropriate balance? You argue more spending by the EU of EU products. Less exporting. From what I've been observing their is a nationalistic trending in Europe. Why not channel that nationslism by asking Europeans to buy European products. Would letting in more immigrants and incentivising them to buy European products help.
Is Matroni well received in Italy?
I'd kick NATO out and the USA military and focus on self security. What you think Thomas? Self infrastructure projects. Issue Italian bonds to help get the ball rolling
I:m a microbiologist lab rat...economist I''m not