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While I opted for balanced eloquence over sass in my bitcoin treasury company article yesterday (#1019584), in this Daily Economy article the fury is unleashed.

Max sass, ruthless implementation

Last month, Lagarde was out making noise in the Financial Sycophant Times (#1008487) and as always the Stackers had advance warning for my writing:
...Lagarde was out swinging in the Financial Times. Somehow she, or her advisors, are under the impression that this is Europe’s moment. With President Trump holding the US on the ropes and the dollar in retreat, the excellently planned and flawlessly governed supranational creation, the euro, is the go-to replacement.
The op-ed in the Financial Times goes on to explore how “economic strength is the backbone of any international currency.” A dispassionate observer would soon disqualify the eurozone, having flirted with recession and growth around zero percent for years, the world’s worst fertility prospects, record-high electricity prices, no energy sovereignty — and just over a decade ago was on the precipice of falling apart under the heavy weight of government profligacy. Most people don’t realize that the American and euro area economies were roughly about the same size in the 1990s, and again around the global financial crisis, but that the US economy is now some 77 percent larger. By most accounts, economic life — “strength” — is better in America, no matter what strange ideas come over orange men in white houses.
The euro is gonna replace dollars in global dominance or FX reserves? Bitch, pleeeease. A dying museum-slash-nursing home filled with backward/socialist bureaucrats. Uh-uh. Plus, the issues facing European capital markets and being hopelessly behind means they'll neeeeever get there.
Here's the gem:

"All Europe has to offer the world is professional soccer and nursing homes; centuries-old architecture and over-regulated, tourist-infested beaches."

Go read the whole thing; it's pretty great.
10 sats \ 2 replies \ @aljaz 7h
its a beautiful piece to start the morning with!
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The caption picture?? Uh-huu, def!
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0 sats \ 0 replies \ @aljaz 4h
haha that too, but i'm also a sucker for clear thinking about europe and its current modern interpretation of atlas shrugged
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33 sats \ 4 replies \ @OT 12h
Yet you still live there.
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Yah yah yah.
Any suggestions for where I should go?
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12 sats \ 2 replies \ @OT 7h
Come to the end of the world. Western Australia.
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As nice as that place is, and WA specifically, I have a self-imposed, outstanding 20-year ban on Aussieland. (They earned it during COVID)
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0 sats \ 0 replies \ @OT 6h
Fair enough
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That last bit's a little harsh. There are other types of over-regulated, tourist-infested places in Europe.
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Was the SN link an Easter egg for the stackers?
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well, but, they do have really good pastries and bread in general. also the gelato is better than you can get in the states. and cured meats -- those are good, too. And then there's cheese. Have you had any US cheese in the lately?
The over-regulation is real, though. It would be soooooo hard to build a company in the EU.
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