I'm amazed that Lutnick doesn't see the irony when he goes on a podcast with VCs & talks about China dumping Chinese EV overproduction to kill Volkswagen.
The 🇺🇸 VC ecosystem has been doing the same thing with private money in Europe. American VC-backed companies with their deep pockets have been running services at loss in order to eliminate competition for a long time, knowing that because of the deeper capital markets in the US they can win at that game.
We need the #CapitalMarketsUnion now!
Great podcast episode with Christine Lagarde.
Europe has talent, which needs funding. The #CapitalMarketsUnion is urgent.
“Instead of having these massive savings travel across the Atlantic to be invested in the US and for US investors and venture capitalists to then come back to possibly invest in some selected projects which suits them. We should just indicate that there is a will and there is a way to invest in Europe.”
https://podcasts.apple.com/ch/podcast/the-economics-show/id1746352576?l=en-GB&i=1000742551132&r=692
« L’Europe n’attend plus : elle investit, protège et simplifie pour redevenir maître de son destin économique. Rejoins le mouvement. »
#EuroScope #EconomicSovereignty #DigitalEuro #FinanceEurope #CapitalMarketsUnion #BaselIII #Competitiveness #Simplification
EUROSCOPE — L’EUROPE NE SERA PAS UNE TERRE DE BREVETS DÉPOSÉS AILLEURS
Net-Zero, STEP, marchés de capitaux : l’Union s’arme pour que son savoir devienne puissance. La souveraineté technologique ne se quémande pas, elle se construit.
https://whatsapp.com/channel/0029VaE5Wl8Dp2Q7vJyg0G30
#EuroScope #SouverainetéTechnologique #TechnologiesStratégiques #CapitalMarketsUnion #NetZero #STEP
EXCLUSIVE: EU Commission to propose ‘efficient and harmonised’ supervision of capital markets https://www.euractiv.com/section/economy-jobs/news/exclusive-eu-commission-to-propose-efficient-and-harmonised-supervision-of-capitals-markets/?utm_source=mastodon&utm_medium=dlvr.it #CapitalMarketsUnion #CMU #EuropeanCommission #privatesector
Background Brief: Why Europe is struggling to fill its investment gap https://www.euractiv.com/section/economy-jobs/news/background-brief-why-europe-is-struggling-to-fill-its-investment-gap/?utm_source=mastodon&utm_medium=dlvr.it #CapitalMarketsUnion #EUbudget #EUfiscalrules #EuropeanCentralBank
Lagarde blames European ‘laziness’ for holding the continent back https://www.euractiv.com/section/economy-jobs/news/lagarde-blames-european-laziness-for-holding-the-continent-back/?utm_source=mastodon&utm_medium=dlvr.it #CapitalMarketsUnion #ChristineLagarde #EUeconomy
Von der Leyen’s Davos economic vision for Europe https://www.euractiv.com/section/economy-jobs/podcast/von-der-leyens-davos-economic-vision-for-europe/?utm_source=mastodon&utm_medium=dlvr.it #28thregime #CapitalMarketsUnion #CMU #CommissionervonderLeyen
German Greens slammed over social security reform proposal https://www.euractiv.com/section/economy-jobs/news/german-greens-slammed-over-social-security-reform-proposal/?utm_source=mastodon&utm_medium=dlvr.it #CapitalMarketsUnion #Germany #Greens #KarlLauterbach #MarkusSöder