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But Europe is fulfilling a lot of promises. No war for over 70 years. Free access to Healthcare, education. Safety. Less people in prison, less homicides. Less
by oezi 5y ago
But Europe is fulfilling a lot of promises. No war for over 70 years. Free access to Healthcare, education. Safety. Less people in prison, less homicides. Less people in poverty. We learned the hard way that having military superpowers can lead to a lot of misery.
Since financial markets are open for anyone to invest in anything (pretty much), I also don't get why it matters where market cap is created.
For instance: Tesla has more market cap than a lot of European ICE competitors. But what VW contributes to European GDP still is much bigger than Tesla's contribution.
- chrisseaton 5y ago> But Europe is fulfilling a lot of promises. No war for over 70 years. https://en.wikipedia.org/wiki/List_of_conflicts_in_Europe#21st_century https://en.wikipedia.org/wiki/List_of_conflicts_in_Europe#21...
- IkmoIkmo 5y agoNow try a list of conflicts in the EU instead of in Europe.
- chrisseaton 5y agoThey said 'Europe' not the 'EU'.
- IkmoIkmo 5y agoYou're being pedantic, Europe and EU are colloquially used interchangeably sometimes, but clearly it was obvious the EU was meant here. In the same way that when you say 'America invaded Iraq' I'm not expecting you're talking about Mexico here. It's quite obvious when someone's talking about 'fulfilling promises in Europe relating to 70 years of non-war' it's referring to one of the central tenants of the European Union's founding, which was to prevent another war among the powers in the EU. It's commonly said, because it's true, that this was one of the great benefits of the EU. The conflicts you reference are essentially all outside the EU, e.g. Armenia, Russia, Kosovo etc. I'm sure you agree that it makes no sense to say that a continent like Europe, Asia, Americas, without any supranational government to ensure it, can "make promises for years not to have a war". It's clearly in reference to the EU, comprising of most of Europe, which is known to have made that commitment of peace among its members in its founding, and has been known to have succeeded in that commitment so far.