US Politics

Trump has pretty much humiliated the EU with this trade deal.

If Europeans were paying attention (or being told the truth), they should be beyond appalled by the details and what it's going to mean for them.

Low, low quality elites.....a lot of this would have been avoided if they could have got on with cheap energy Russia.....Now the consequences won't be pretty.

Indeed this deal is nothing more than one of the most expensive imperial tributes in history. Just a massive one-way transfer of wealth with no reciprocal benefits

The 'deal' is:
- The EU now gets charged 15% tariffs on its exports to the US when they commit to charging zero tariffs on US imports in the EU
- The EU agrees to invest $600 billion in the US, for no other obvious reason than pleasing "daddy"
- The EU will "purchase hundreds of billions of dollars of American military equipment"
- The EU commits to buying 750 billion dollars worth of very expensive US LNG, specifically $250 billion for each of the next 3 years

In exchange for all these concessions and extraction of their wealth they get... nothing. I'm not even exaggerating, that IS the deal: the EU gets nothing.

This does not even remotely ressemble the type of agreements made by two equal sovereign powers. It rather looks like the type of unequal treaties that colonial powers used to impose in the 19th century - except this time, the EU is on the receiving end.

More worryingly, this sets a dynamic and a precedent: what do you think happens next from here? In the 19th century, were colonial powers content with their first unequal treaty? Of course not - one of the key rules of geopolitics is that weakness only encourages further exploitation.

Having put themselves into this vulnerable position where they only have the US to rely on.....the EU has certainly screwed itself.....When the normies realise how it affects their lifestyles they won't be happy that's for sure......This is what happens when you are ruled by social liberalism.....essentially shite outcome after shite outcome.

Oh and after all that whining about Brexit on here, it's only by Brexit that we have struck a significantly better deal with the US........The absurd mistake of thinking you have safety in numbers by sticking yourself into a huge centralised leaking oil tanker of an economy was always a fool's paradise.....we have some flexibility and can adjust more easily while they can't.
 
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Stirlingsays said:
Trump has pretty much humiliated the EU with this trade deal.

If Europeans were paying attention (or being told the truth), they should be beyond appalled by the details and what it's going to mean for them.

Low, low quality elites.....a lot of this would have been avoided if they could have got on with cheap energy Russia.....Now the consequences won't be pretty.

Indeed this deal is nothing more than one of the most expensive imperial tributes in history. Just a massive one-way transfer of wealth with no reciprocal benefits

The 'deal' is:
- The EU now gets charged 15% tariffs on its exports to the US when they commit to charging zero tariffs on US imports in the EU
- The EU agrees to invest $600 billion in the US, for no other obvious reason than pleasing "daddy"
- The EU will "purchase hundreds of billions of dollars of American military equipment"
- The EU commits to buying 750 billion dollars worth of very expensive US LNG, specifically $250 billion for each of the next 3 years

In exchange for all these concessions and extraction of their wealth they get... nothing. I'm not even exaggerating, that IS the deal: the EU gets nothing.

This does not even remotely ressemble the type of agreements made by two equal sovereign powers. It rather looks like the type of unequal treaties that colonial powers used to impose in the 19th century - except this time, the EU is on the receiving end.

More worryingly, this sets a dynamic and a precedent: what do you think happens next from here? In the 19th century, were colonial powers content with their first unequal treaty? Of course not - one of the key rules of geopolitics is that weakness only encourages further exploitation.

Having put themselves into this vulnerable position where they only have the US to rely on.....the EU has certainly screwed itself.....When the normies realise how it affects their lifestyles they won't be happy that's for sure......This is what happens when you are ruled by social liberalism.....essentially shite outcome after shite outcome.

Oh and after all that whining about Brexit on here, it's only by Brexit that we have struck a significantly better deal with the US........The absurd mistake of thinking you have safety in numbers by sticking yourself into a huge centralised leaking oil tanker of an economy was always a fools paradise.
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As with all these trade deals the devil is in the detail. But it does appear that the EU has caved. Next time the UK negotiates with the EU we should take note and stop running the white flag up.
 
Stirlingsays said:
Trump has pretty much humiliated the EU with this trade deal.

If Europeans were paying attention (or being told the truth), they should be beyond appalled by the details and what it's going to mean for them.

Low, low quality elites.....a lot of this would have been avoided if they could have got on with cheap energy Russia.....Now the consequences won't be pretty.

Indeed this deal is nothing more than one of the most expensive imperial tributes in history. Just a massive one-way transfer of wealth with no reciprocal benefits

The 'deal' is:
- The EU now gets charged 15% tariffs on its exports to the US when they commit to charging zero tariffs on US imports in the EU
- The EU agrees to invest $600 billion in the US, for no other obvious reason than pleasing "daddy"
- The EU will "purchase hundreds of billions of dollars of American military equipment"
- The EU commits to buying 750 billion dollars worth of very expensive US LNG, specifically $250 billion for each of the next 3 years

In exchange for all these concessions and extraction of their wealth they get... nothing. I'm not even exaggerating, that IS the deal: the EU gets nothing.

This does not even remotely ressemble the type of agreements made by two equal sovereign powers. It rather looks like the type of unequal treaties that colonial powers used to impose in the 19th century - except this time, the EU is on the receiving end.

More worryingly, this sets a dynamic and a precedent: what do you think happens next from here? In the 19th century, were colonial powers content with their first unequal treaty? Of course not - one of the key rules of geopolitics is that weakness only encourages further exploitation.

Having put themselves into this vulnerable position where they only have the US to rely on.....the EU has certainly screwed itself.....When the normies realise how it affects their lifestyles they won't be happy that's for sure......This is what happens when you are ruled by social liberalism.....essentially shite outcome after shite outcome.

Oh and after all that whining about Brexit on here, it's only by Brexit that we have struck a significantly better deal with the US........The absurd mistake of thinking you have safety in numbers by sticking yourself into a huge centralised leaking oil tanker of an economy was always a fools paradise.
Click to expand...
You miss the most basic point of all!

All of this, every “deal” being done with every country, is only a temporary device to placate an ego so that trade can continue with the minimum of disruption until the impact on US consumers forces change or a regime change occurs.

Tariffs are just taxes by another name. Taxes that are paid by buyers, not sellers.
 
Wisbech Eagle said:
You miss the most basic point of all!

All of this, every “deal” being done with every country, is only a temporary device to placate an ego so that trade can continue with the minimum of disruption until the impact on US consumers forces change or a regime change occurs.

Tariffs are just taxes by another name. Taxes that are paid by buyers, not sellers.
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He cheats at golf too.
 
Badger11 said:
As with all these trade deals the devil is in the detail. But it does appear that the EU has caved. Next time the UK negotiates with the EU we should take note and stop running the white flag up.
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You know the EU has no leg to stand on.....For years remainers on here have said that the EU will give us nothing in dealing with them once out of the EU because they are large enough to bully us in trade deals.

In fact with a lot of them you had the sense that they wanted the EU to treat us badly.

Now they get a taste of that same medicine but for the EU....and all the Trump haters realise that it's the same dynamic....except that Britain has the better deal.
 
The massive energy costs itself show the stupidity of going along with the Ukraine war instead of shutting it down weeks after it started with the deal on the table.

These people in power are paid huge amounts of money.....Yet they continually produce shite outcomes and are never held to account.

Because real power never is.
 
Stirlingsays said:
Trump has pretty much humiliated the EU with this trade deal.

If Europeans were paying attention (or being told the truth), they should be beyond appalled by the details and what it's going to mean for them.

Low, low quality elites.....a lot of this would have been avoided if they could have got on with cheap energy Russia.....Now the consequences won't be pretty.

Indeed this deal is nothing more than one of the most expensive imperial tributes in history. Just a massive one-way transfer of wealth with no reciprocal benefits

The 'deal' is:
- The EU now gets charged 15% tariffs on its exports to the US when they commit to charging zero tariffs on US imports in the EU
- The EU agrees to invest $600 billion in the US, for no other obvious reason than pleasing "daddy"
- The EU will "purchase hundreds of billions of dollars of American military equipment"
- The EU commits to buying 750 billion dollars worth of very expensive US LNG, specifically $250 billion for each of the next 3 years

In exchange for all these concessions and extraction of their wealth they get... nothing. I'm not even exaggerating, that IS the deal: the EU gets nothing.

This does not even remotely ressemble the type of agreements made by two equal sovereign powers. It rather looks like the type of unequal treaties that colonial powers used to impose in the 19th century - except this time, the EU is on the receiving end.

More worryingly, this sets a dynamic and a precedent: what do you think happens next from here? In the 19th century, were colonial powers content with their first unequal treaty? Of course not - one of the key rules of geopolitics is that weakness only encourages further exploitation.

Having put themselves into this vulnerable position where they only have the US to rely on.....the EU has certainly screwed itself.....When the normies realise how it affects their lifestyles they won't be happy that's for sure......This is what happens when you are ruled by social liberalism.....essentially shite outcome after shite outcome.

Oh and after all that whining about Brexit on here, it's only by Brexit that we have struck a significantly better deal with the US........The absurd mistake of thinking you have safety in numbers by sticking yourself into a huge centralised leaking oil tanker of an economy was always a fools paradise.
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well then good. So hopefully the dying EU will hurry up and leave us all in peace. Undemocratic tyrannies rarely last a long time. Stalin's Soviet Union only lasted circa 70 years and even Rome fell eventually.
The EU is rotten to the core. Trump has exposed it for all to see. And maybe now a bit of economic hardship is all it will take to engineer Greekxit, Frenxit, Danxit, or some other nation to peel itself away from the rot.
 
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PalazioVecchio said:
well then good. So hopefully the dying EU will hurry up and leave us all in peace.
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That would significantly affect us but I agree it's in decline and will be for some time amid much internal disquiet.....but I also agree with your sentiment and general annoyance with that awful entity.

The EU centralised model is almost soviet in construction and just as slow to react to economic realities it's unhealthy and unwise to be ruled by it.....Plus politically it's ruled by Karens, female or male versions and continually makes poor decisions.
 
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PalazioVecchio said:
well then good. So hopefully the dying EU will hurry up and leave us all in peace. Undemocratic tyrannies rarely last a long time. Stalin's Soviet Union only lasted circa 70 years and even Rome fell eventually.
The EU is rotten to the core. Trump has exposed it for all to see. And maybe now a bit of economic hardship is all it will take to engineer Greekxit, Frenxit, Danxit, or some other nation to peel itself away from the rot.
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Much more likely is a looser arrangement emerging of an inner and outer core of countries of those who want political alignment and those who don’t but who all share values, trade and security needs. Then we rejoin.
 
Just remind yourself of the utter delusion and projection of those who spent nearly ten years calling Trump a loser and weak.

It shows their judgement for what it is......They are right when they call him an arseh0le but that's about it.

I don't like what Trump has done in some important areas, but on trade he has shifted the economics more towards America and while we are the least affected than pretty much everyone it's still a negative for us and a plus for them.

These clowns can't play chess, they seem like old women and worry about consensus and group think and don't seem to be able to think more than one move ahead.....As I've said more than once....they put it all on red and spin the wheel, not bright when you can't afford to lose your stake.

An actual conservative approach in the EU wouldn't have reduced them to where they now find themselves.....fully dependent on the US and getting royally fecked in the arse by them.
 
I just want to comment on this idea that, 'tariffs are just taxes by another name. Taxes that are paid by buyers, not sellers.'

What this seems to utterly ignore to the point of annoyance is that the buyer has the choice of whether he/she wants to pay this higher price....if indeed, if that's what the importer does. It's rare that they will only have one choice of product.

That fact is the American consumer is going to have an American rival product for most of what's on offer so in fact that far more likely truth is that higher costs will be mostly paid by those who can afford to pay more and prefer the import product.....US products will receive a boost and it's not likely that those living pay check to pay check in America will be negatively affected.
 
Stirlingsays said:
Trump has pretty much humiliated the EU with this trade deal.

If Europeans were paying attention (or being told the truth), they should be beyond appalled by the details and what it's going to mean for them.

Low, low quality elites.....a lot of this would have been avoided if they could have got on with cheap energy Russia.....Now the consequences won't be pretty.

Indeed this deal is nothing more than one of the most expensive imperial tributes in history. Just a massive one-way transfer of wealth with no reciprocal benefits

The 'deal' is:
- The EU now gets charged 15% tariffs on its exports to the US when they commit to charging zero tariffs on US imports in the EU
- The EU agrees to invest $600 billion in the US, for no other obvious reason than pleasing "daddy"
- The EU will "purchase hundreds of billions of dollars of American military equipment"
- The EU commits to buying 750 billion dollars worth of very expensive US LNG, specifically $250 billion for each of the next 3 years

In exchange for all these concessions and extraction of their wealth they get... nothing. I'm not even exaggerating, that IS the deal: the EU gets nothing.

This does not even remotely ressemble the type of agreements made by two equal sovereign powers. It rather looks like the type of unequal treaties that colonial powers used to impose in the 19th century - except this time, the EU is on the receiving end.

More worryingly, this sets a dynamic and a precedent: what do you think happens next from here? In the 19th century, were colonial powers content with their first unequal treaty? Of course not - one of the key rules of geopolitics is that weakness only encourages further exploitation.

Having put themselves into this vulnerable position where they only have the US to rely on.....the EU has certainly screwed itself.....When the normies realise how it affects their lifestyles they won't be happy that's for sure......This is what happens when you are ruled by social liberalism.....essentially shite outcome after shite outcome.

Oh and after all that whining about Brexit on here, it's only by Brexit that we have struck a significantly better deal with the US........The absurd mistake of thinking you have safety in numbers by sticking yourself into a huge centralised leaking oil tanker of an economy was always a fools paradise.
Click to expand...
It's not a trade deal, it's extortion.

And the EU will just have to bend over and take it, without the lube too.
 
Stirlingsays said:
You know the EU has no leg to stand on.....For years remainers on here have said that the EU will give us nothing in dealing with them once out of the EU because they are large enough to bully us in trade deals.

In fact with a lot of them you had the sense that they wanted the EU to treat us badly.

Now they get a taste of that same medicine but for the EU....and all the Trump haters realise that it's the same dynamic....except that Britain has the better deal.
Click to expand...
What annoyed me about the deals we have done with the EU is that we allowed them to set the term before negotiations could start. The clowns agreed the outline so after that we were only colouring in between the lines all to the EU's favour.

What Trump has shown is by playing hard ball the EU will bend despite all their protestations of a few months back.

We are not the US but I think we can do a lot better if we had the right negotiators. You have to be prepared to walk away from a bad deal and the other side needs to believe you will if you want a decent deal.
 
My take is that the EU's socially liberal leaders are terrified of Russia and know that Ukraine are losing badly and essentially look like they traded wealth for Trump to get tougher with Putin.

Honestly, I think that's part of it and while it makes no real difference to the result over there they do at least feel less like wetting the bed when Trump talks tough about Putin.

Which I predict we will start hearing.
 
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