Posted on 06/05/2025 8:51:39 PM PDT by SeekAndFind
One reason America has become the economic superpower is that the 50 states comprise one giant free trade zone.
The Europeans wanted to emulate that model with the creation of the EU, but it hasn’t worked. Here is a stunning fact from the Wall Street Journal’s Joe Sternberg:
The International Monetary Fund calculates that Europe’s complex economic regulations impose the same costs as would a 44% tariff on goods traded between EU countries. For services, the costs of complying with different national rules are equivalent to a 110% tariff. By comparison, the regulatory costs associated with trading manufactured goods across state lines within the U.S. amount to a 15% tariff.
Those are the INTERNAL barriers to trade between EU member countries, which is nothing like the free trade zone it purports to be. And of course, American businesses face all of those same country-level regulatory barriers when they do business in Europe, PLUS another huge thicket of red tape at the EU level.
When it comes to European protectionism, it’s the regulations, more so than the tariffs that are causing sclerosis. The Brits were smart to get out while the gettin’s good.
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The EU is more of a threat to the US than Russia is.
Russia is a threat to globohomo.
The “Russia, Russia, Russia” cheerleaders wave rainbow pom-poms.
“The EU is more of a threat to the US than Russia is”
I agree. They’ve started every damn world war and can never finish what they start-the UK included and Canada is cheering them on.
“And of course, American businesses face all of those same country-level regulatory barriers when they do business in Europe, PLUS another huge thicket of red tape at the EU level.”
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American businesses (e.g., Apple) also face predatory fines and hobbling decisions by EU courts and regulators. It’s absolutely DISGUSTING!
Thanks for posting this excellent piece.
Unfortunately the author did not give a proper reference to the quotation from WSJ. But a little search on the Web showed that the original calculations came from the IMF and have been quoted in a report from the European Central Bank. So, the data originates from and has been published by two of the favourite institutions of the globalists!
Fancy that!
Fascinating article. Thanks for posting. Facts are hard to ignore.
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