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/biz/ - Business & Finance

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18153088 No.18153088 [Reply] [Original]

What is going to happen with the eu? While the us acted immediately, the eu countries are busy arguing with each other and havent come up with a solid financial plan yet. Is it unironically over?

>> No.18153112

>>18153088
>us acted immediately
LMAO

>> No.18153149

The only person who acted immediately was that doctor who came forward right after it broke out and was silenced/ostracized in China for doing so. Every other country at every level of the government has been dragging their feet for 3+ months about this

>> No.18153166

>>18153112
You want to compare it to the basically non-reaction of the european countries? Social tension has never been higher. Poorer countries like spain and fake rich countries italy (with its enormous debt) is going to drag the entire union to kingdom come and the european parliament took two weeks to decide.

>> No.18153176

"Give me money or the EU gets a problem."

Where else would that sort of reasoning come from.

>> No.18153177

EU is only good for funneling migrants into Western Europe and embezzlement

>> No.18153180

Yep, get ready for several countries following the UK and leaving the EU. Italy and Netherlands will be among the first.

>> No.18153188

>>18153088
This could be the end of the EU. Italy and Greece are not coming out of this in good shape.

>> No.18153190

>>18153088
When something goes good for the EU, it's a show of "unity". But when it's bad, it's "individual countries" fault

>> No.18153222

>>18153149
Not this shit again. The virus was discovered by Dr. Zhang Jixian. Dr. Li, who was an opthalmologist, didn't "come forward" and warm the public. He send info to a private group of friends claiming the virus was identical to SARS, which was false.

>> No.18153273

>>18153166
Wuhan was shut down on Jan. 23rd. In early March Trump was still bullshiting and Boris was shaking covid patient hands. US didn't do better than Europe.

>> No.18153333

>>18153273
>Wuhan was shut down on Jan. 23rd. In early March Trump was still bullshiting
Trump literally banned travel from Wuhan in late January. He acted so fast that he was called a racist for it by Biden and Schumer.

>> No.18153477

>>18153180
yea it worked out great for them

>> No.18153579

>>18153166
I'm waiting for firesales from that sweet sweet Italian gold hoard.
I really wouldn't mind to be able to buy silver lires out of coin shops.

>> No.18153673

>>18153333
>bans travel from Wuhan
>then does nothing else while 1000s get infected

>> No.18153730

>>18153088
>While the us acted immediately
US has been late as fuck. Travel ban was fast, that's it.

>The eu countries are busy arguing with each other and havent come up with a solid financial plan yet.

1. The EU is not a single nation. The EU CDC has not been authorised to have any power over national health policies. The same people who are now blaming EU during the crisis, are the same people who are nagging that EU should not have much control over local policies when it's not a time of crisis.
2. The US does not have solid financial plan. The current one is not through yet and it will not be enough. Unknown phase 4 probably coming. Besides, the current package is fucking questionable.
3. The EU countries an have existing unemployment support and health care that actually is available to the population and the systems do not need to be made up in addition to the special infrastructure needed during the emergency.
4. EU does not need "common financial plan" at this point because the independent nations make their own and they are able to take loans themself. Again, nations - not states.
5. When it comes to ECB, the QE medicine is not significantly different compared to the US (though need for capita adjusted QE has been much lower which implies US is more fucked)

EU countries will have big differences due to the different local resources and political situations. But in general I bet the EU will handle this much better than the US.

>> No.18153740

>>18153333
suck harder, tranny

>> No.18153777

>>18153088
If the EU survives this, I'll be surprised.

>> No.18153800

>>18153222
China also censored people on weibo who demanded free speech to talk about it and as a result the virus spread early on.

>> No.18153803

>>18153730
>The EU CDC has not been authorised to have any power over national health policies.
Then why does it exist?

Oh, wait, you're a believer. No point in discussing this with you at all.

>> No.18153825

>>18153177
>I'm an American who never followed EU politics except during the 2015 migrant crisis and have nothing to say about EU politics other than migrant handling

>> No.18153859

>>18153088
Doing nothing is better.

>> No.18153878

>>18153088
It's over for the US because they overreacted and destroyed their economy.

>> No.18153909

>>18153180
Why will the Netherlands be among the first? We have a pretty cuckish and slow government.

>> No.18153936

how do eurobros cope being surrounded by a bunch of enemy countries all the time?

>> No.18153954

>>18153673
>does nothing else
Paid shill

>> No.18154011

>>18153088
>the eu countries are busy arguing with each other and havent come up with a solid financial plan yet.
The incompetence and inability to take actions might actually save the EU. I don't believe buying up debt and feeding money into the system, which are gonna stay dormant for 6-9 months are a better solution than doing nothing.

>> No.18154015

>>18153273
>>18153222
Fuck China and fuck chinks

>> No.18154054

>>18153673
What’s he going to do when you have retards going still going to bars?

>> No.18154191

>>18154011
People are starving. Italy has been locked down for weeks now and people are starting to protest. The government doesnt have enough liquidity to provide for all these poorfags.
People are stealing foods from supermarkets.
https://www.google.com/amp/s/news.sky.com/story/amp/coronavirus-italy-becoming-impatient-with-lockdown-and-social-unrest-is-brewing-11965122
I recall reading that a truck carrying food was also assaulted a couple days ago.
Pouring money into the system may be the only solution

>> No.18154497
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18154497

Italy and Spain starting to spiral to a civil war over a winter flu and the economic damage of lock downs.

>> No.18155067

>>18153803
It exists by definition as a supporting authority, not leading authority. You simpleton still don't grasp the difference between a federation and an union.

>> No.18155150

>>18153088
Countries that relinquish sovereignty get the spanking they deserve (and so obviously crave).

>> No.18155179

>>18154015
China and South Korea are the only countries that had a proper response.