3 ms·
Well, I'm of the opinion that one of the other blockers of major EU growth is the lack of a singular financial market; instead of one market like the USA, we ha
by redrove 2y ago
Well, I'm of the opinion that one of the other blockers of major EU growth is the lack of a singular financial market; instead of one market like the USA, we have 27 markets. Twenty seven different sets regulations that all need to go out the window; exchanges in the double digits, most of which should shut down.
This balkanization will never lead to a growth-oriented modern financial system.
Europe needs to centralize capital.