/biz/ - Business & Finance

debt
d e b t
that's the word you're looking for, fren
not debit
not depit
debt.

because while the euro zone has a common currency it does not have common fiscal policy
looking at you, mario

>>11718312
USA has a decent army (it was shitty on surplus outdated gear for a bit but that's being fixed). The EU on the other hand has depended on the USA's army. Nothing actually matters but strength, we could take them over and simply say the debt never existed but they owe us everything to pay for the war of taking them over. Nothing matters when no one is strong enough to stop you, hence why the USA's main job has been to stop places from rising up in strength, especially places that would actually do this.

>World's Strongest could do whatever they want
>Rome becomes World's Strongest
>Rome conquers as far as the eye can see
>Ottomans become World's Strongest
>Ottomans conquer as far as the eye can see
>British become World's Strongest
>British conquer half of the entire fucking planet
>USA becomes World's Strongest
>USA beats up some third worlder proxy wars against RU and Chinna, doesn't even claim their land or impose taxes on the third worlders cause it's not their fault.

Now picture what happens when the cycle corrects and USA isn't at the top anymore. It ain't pretty for Europe, cause they won't be the one replacing us.

>US
world reserve currency
>EU
Gayro, European socialist managed to accumulate around 15000% debt regarding annual GDP taking into account over inflationated state servant pensions, social security, gibs medats, on the brink of political collapse

t.45% in dollar, 50% in crypto, 5% in euro for running costs

>>11718363
retarded argument supranationalist.
Hopefully Mario does the same with the EU as he has done with the League of Nations, crash it with no survivors

>>11718470
>Reserve currencies never lose buying power
I've got some bad news for you

>>11718550
regarding that I sit in a gayro country it is a safer and better bet than holding anything more than enough for paying running costs in gayro, not to talk about stocks of european companies, bonds of european countries, overinflated commodities like pms or property.

I'm absolutely comfy. btw, all the dollar sit in crypto exchanges, so if it is necessary I can go 95% crypto in a heart beat

>>11718312
the US invented the whole game. our banks can somehow keep going with no problems at these levels while at half the level EU banks are on the brink of failing. don't hate the player hate the game.

>>11718627

US banks are spin-offs and funded from old Europe banks. The US is a very young nation, where did you think the whole money came from.

The N.M Rothshild is considered a „young“ bank in europe bc it was founded 1811

Barclays 1690 UK
Bernberger 1590 DE
Metzler 1675 DE

State street 1792 US
bank of NY 1784 US

So you really think US banks have anything to say in the game.
Traditional banking is born in Europe.

The whole US is built on the money from those Banks.

>>11719218
I'm talking about the post-Bretton Woods era. Of course banking itself was invented long before the USA. What we have now is not what it used to be though. How many times has Basel III been delayed now? There are hardly rules anymore, world war III is happening and money is the weapon. We are in uncharted waters now.

low birthrates