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[ms] · Est. May 2002

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New Europe Gets it Right

27 durable postsStarted 2004-12-30Latest 2005-02-18
#8250Post 1 of 27

[url]http://lkmp.blogspot.com/2004/12/new-europe-gets-it-right.html#comments[/url]

Tax Cuts and other free market reforms are paying off in three central European economies slated to join the European Union on May 10, 2005. Stock indexes in the Czech Republic and Hungary are each up more than 50% in the past year. Poland is up 21%. The top twenty central European companies by market value are up 39%. In contrast, German and French stocks are up about 8%. The Polish economy is expected to grow 5% this year, while Old Europe growth is coming in les than 2%. Of course, EU bureaucrats want to stop New Europe from competing with lower tax rates. Sclertic Old Europe wants to harmonize at higher tax rates. New Europe understands political as well as economic freedom, and hopefully will fight Chirac and company on both counts.

#330307Post 2 of 27

Hoorah for New Europe . . . anything that pisses off the French is fine by me :Naughty: :twisted:

#330371Post 3 of 27

:CrackUp:

They're so afraid of the new economic forces that have come into play now...I think it's a great opportunity for Europe. The high growth rates are a natural result of the optimism on the market, but they should take advantage of that. Europe should look at the opportunities for growth, not threats.

#330383Post 4 of 27

Hopefully Old Europe will soon realize that the more money that is free from the hands of the bureacrats will quickly start to raise the standard of living.

That's what it's all about.

#346398Post 5 of 27

Europe will soon become what america was in the eighties. A giant superpower. Now they just need to get rid of the royal family of england. Those people just make that entire country look bad.

Hell look at the difference in the euro and the dollar.

#346642Post 6 of 27

Someone said that the moment the Euro hits $1,40 the dollar will be traded in for the euro worldwide...that is not good news for the US.

Maybe it won't be happening that bluntly, but 1.5 year ago when I was in Ghana, West-Africa, I already noticed that they really appreciate Euro's above dollars there. Was quite surpised, but it sketches the trust there is in the euro worldwide...

#348236Post 7 of 27

sucks for europe too. higher dollar would be alot better for the economy

#348239Post 8 of 27

For our trade market...yep.

#348393Post 9 of 27

Yes it would because it would make it easier for us americans to get good white label promos and other things that are hard as hell to get over here from europe. :wink:

#348461Post 10 of 27

Hey, I have the same problem getting white label promo's form the US! Isn't that a coincidence? :mrgreen:

#353334Post 11 of 27

yao, the US has no good white label promos........we ARE the home fo dj skribble and johnny viscious......

canada maybe. 8) :wink:

#353410Post 12 of 27

:CrackUp:

Dang, been having this illusion things were better outside all this time...

#356396Post 13 of 27

i admire the danes for not rushing into eu so quickly....and don't be so enthusyastic about this New Europe...they need markes and the new emerging markets in the east are the aim for the new Europe...I am affraid that Charles de Gaule dream of The US of Europe it's just a fact of greediness of the big states.The only thing that makes me happy is the freedom of movement...no borders...thos is cool. But the system, as I can see now, my dears is going to soviet "comunism", and, pls, believe me u don't want that. I wish i lived in the carabeans.... c u, economicals!

#357321Post 14 of 27

[quote=cosmo]Hopefully Old Europe will soon realize that the more money that is free from the hands of the bureacrats will quickly start to raise the standard of living.

That's what it's all about.[/quote]

That's what i think. If Europe can cut subsidization and help promote effeciency they could lower their consumer price index and improve their quality of life without using government programs.

#357330Post 15 of 27

The numbers look good, and there is no denying that the EU is redefining what a gloabl community means and can do. But what about national loss of sovereignty, and the "democratic deficit"? The EU is a radial redefintion of a regional organization and has produced amazing economic and politcal results in a short period of time. But what does that mean when the people do not have any say in what the european council and european commissson does? Will the forces of integration impinge on "traditional "state to the point where the lack of democratic values begin to be contested? as an american, the EU is the benchmark to what a regional community can do, but is the reallienment sovereinty undermine what a nation-state is? (Lrn's first post in the poli forums)

#357336Post 16 of 27

It's the same debate we had when we were just 13 colonies......

Granted our colonies didn't have the history that Europe has but I still think the situations are pretty similar.

I do worry about loss of sovereignty and individuality of the nations participating because our country fought a civil war over such issues. But I don't see civil war on Europe's horizon and for the most part Americans have maintained some cultural individuality despite substantial loss of state sovereignty. People in Texas are still different from Southern California, and New Yorkers are still different from people in the Mid-West.

#357352Post 17 of 27

yea but (US) states' rights are complety subservent to federal law, and that does not include the hundreds of thousands that died becasue of the "issuse "resolved in the civil war. i think there will be a point where some EU members will question the path of total soverenign independence they give up to the greater Union power. remeber the people of texas and ny have the ability to vote for their state representatives. frenchmen, germans and all the other EU memebers dont get to vote for the elites that contol the internatinal path of the EU. im not trying to start shit but i feel the questions of democratic representation and redefintion of sovereinty are the main arguments that question EU.

#357410Post 18 of 27

Lrn, you're right about that.

The only reason it hasn't really started full scale, it that they're taking it really slowly. One step at a time. But the idea of a united Europe has been spread for so long already here, that most people think it's inevitable.

Given all the scandals surrounding the EU-commssion right now, I don't really advocate a union at this point. We're not ready for it, and there's too many corrupt people working for themselves rather than the greater cause right now.

the Euro is still acceptable, but giving up sovereignty?

#357555Post 19 of 27

i study political science here in the us and i dont really get the sense of what the people like yourself as part of the union, think about the direction the EU is taking. im not sure what sandals are surounding the commision right now, maybe you can tell me.

#357628Post 20 of 27

maybe we need to look at a globe, realize we are stuck on it unless you are an astronaut from USA or russia, and then think about a world union................. 1 currency 1 main economy 1 military 1 unity..

#357681Post 21 of 27

[quote=thesightless]maybe we need to look at a globe, realize we are stuck on it unless you are an astronaut from USA or russia, and then think about a world union................. 1 currency 1 main economy 1 military 1 unity..[/quote]a global community is the goal, but tell that to the us and northe korea

#357828Post 22 of 27

global government is quite possibly the worst shit ever. Unless it is anarchy or some type of U.S. colonial style government, it will never make allowances for minorities. This whole terrorist bs we are dealing with right now is because certain ethnic minorities don't want to participate in global economy and all global secular union they believe already exists.

Normally I would support them but somehow Islamic fundamentalists managed to completely fuck themselves by resorting to unwarranted violence and oppression of their own people.

If we are really the tolerant and progressive world we say we are, we shouldn't need to globalize.

#361156Post 23 of 27

[quote] If we are really the tolerant and progressive world we say we are, we shouldn't need to globalize. [/quote] the reason why we see this world as a single entity today is becasue of gloablization. it is essential for the majority of nations in this world to continue on the path of global interdependence for both economic and political reasons.

#362027Post 24 of 27

the reason we see this world as a single entity is because of the communication and media revolution of the late 20th century. Because we can communicate with people everywhere at any time and observe their behaviors and cultures we are more aware they exist.

Globalization is such a tiny and unimportant notion held by the richest, most educated 5-10% of the world's population. Not to mention "globalization" as we know it today has nothing to do with government harmonization, but rather with the removal of economic barriers.

The idea is that the free market will dictate contact between everyone in this world, and in order for the free market to function barriers have to be removed. The only reason it looks like globalization is because every country has the most ridiculous nationalistic protectionist policies. We spend years in GATT rounds trying to get one another to throw them out, but all that ends up happening is we invent many new watered-down versions of our old laws.

It's a waste of time. Lead by example; let the rest of the world decide what they like about your system and then let them mimick it.

#362104Post 25 of 27

[quote] Globalization is such a tiny and unimportant notion held by the richest, most educated 5-10% of the world's population. Not to mention "globalization" as we know it today has nothing to do with government harmonization, but rather with the removal of economic barriers. [/quote]

im sorry i disagree with that on some many levels i dont even know where to start. tell the people that made your computer in some shit hole of a country that globalization does not effect them and look at all the crap palstic shit thats around you and tell me that globalization doesnt effect little chinese children laving over our american consumer goods. and wtf? the way economic barriers are lowered is through diplomacy and treaties.....if its not harmonization (on the smallest level), then why does the us have so many trade sanctions? ...(becasue the us doent keep it chill with a lot of onther countries) im not pissed, its just really how i think...please dont take it personaly

#362507Post 26 of 27

I'm not offended......many people think the same way you do b/c they don't know about international trade or the global movement.

In 1997 global trade was once again as big and important as it was in 1914. Yes, 1914 is not a typo. WWI and WWII threw us into the economic dark ages---national boundaries, protectionism, and the red scare ruled the earth. We are just now matching the specialization and global trade levels of those days. Between WWI and today nearly all GDP growth has been handled domestically b/c everyone was afraid of working with other countries. Within the last 10 years we and other developed nations have been optimistic about the potential of working with other developing nations and exploring new business ventures that move beyond exploiting their cheap labor. "Globalization" as we know it today is nothing more than a rallying cry to reverse the dumb shit the entire world did between 1914 and 1997. It's nothing new.....it's nothing special. It is unimportant and irrelevant. Globalization will occur naturally as it did the centuries before the great world wars.......but it won't happen naturally unless people stop trying to force it. And it won't happen until people learn that we have made very little progress since 1914 cracking the economic protectionism found in the U.S., Europe, and the rest of the free world. And furthermore, globalization will never happen until people realize the developed countries can't get rid of protectionism because they spend too much goddam money on too few people. :x

K the situation isn't really that desparate, but it will be if people don't learn how to interact with one another absent of laws and global government.

#363094Post 27 of 27

[quote=davetlv]Hoorah for New Europe . . . anything that pisses off the French is fine by me :Naughty: :twisted:[/quote]

I hate the fucking french... I have family in paris, their cool, but the rest of them you might as well line them up right next to sadam hussein in the firing range!

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