French President Emmanuel Macron has issued a stark warning to his fellow European leaders, cautioning that the European Union "could die" if it fails to become more competitive in the face of mounting challenges from the US and China. Speaking at the Berlin Global Dialogue event, Macron pointed to the EU's over-regulation and under-investment as critical factors behind the bloc's economic struggles compared to its global rivals.

 

Macron highlighted how both Washington and Beijing have significantly outpaced the EU in terms of economic output and investment. He called on the bloc to address these deficiencies by pushing for stronger financial reforms, including the completion of its banking union package. The French president also emphasized the importance of ensuring fair global trade rules to help European businesses remain competitive. "The EU could die, we are on a verge of a very important moment," Macron said, according to Bloomberg. "Our former model is over – we are over-regulating and under-investing. In the two to three years to come, if we follow our classical agenda, we will be out of the market."

 

Macron’s remarks echo concerns outlined in a recent report by former Italian Prime Minister Mario Draghi. The report called for a comprehensive "industrial strategy for Europe," urging the EU to invest €800 billion (£673 billion) annually to prevent the bloc from falling behind the US and China. The French president’s call for increased investment and reform is part of a broader vision he has advocated for a more robust and competitive EU, particularly in areas such as defense and security. Back in April, Macron stressed the need for a more integrated European defense system, warning that the EU could not continue to rely solely on the US for its military security.

 

“We are not equipped to face the risks,” Macron said, underscoring his desire for the EU to assert itself more strongly on the global stage. He has repeatedly pushed for EU governments to increase spending on joint defense projects, as trust in the US providing Europe’s security umbrella has waned. The Draghi report also highlighted this point, urging member states to step up defense cooperation to prepare for potential security challenges in a world where the EU may not always be able to rely on its traditional allies.

 

Fears about a second Donald Trump presidency are also fueling these concerns. Some European governments are worried that if Trump were to win the upcoming US election, it could weaken NATO. The Republican candidate has made remarks suggesting he would allow Russia to act freely against any NATO member that fails to meet its defense spending targets. In 2019, Macron famously referred to NATO as "brain dead," arguing that Europe could no longer count on the US to provide security against threats such as Russia’s growing aggression.

 

Macron’s latest warning is a continuation of his efforts to push for deeper EU reforms, not just in the economic sphere but in defense and global strategy as well. His vision calls for an EU that is more self-sufficient, competitive, and better equipped to handle the challenges posed by a shifting global landscape.

 

Based on a report from Daily Telegraph 2024-10-08

 

 

 

5 hours ago, Social Media said:

"The EU could die, we are on a verge of a very important moment," Macron said, according to Bloomberg. "Our former model is over – we are over-regulating and under-investing. In the two to three years to come, if we follow our classical agenda, we will be out of the market."

 

Macron is right for once. Although I'd give it 5 years before the real collapse starts. 

Why not let GB back in? That should help accelerate the collapse… 

9 hours ago, Social Media said:

French President Emmanuel Macron has issued a stark warning to his fellow European leaders, cautioning that the European Union "could die" if it fails to become more competitive in the face of mounting challenges from the US and China. Speaking at the Berlin Global Dialogue event, Macron pointed to the EU's over-regulation and under-investment as critical factors behind the bloc's economic struggles compared to its global rivals.

Excellent news. I look forward to seeing the demise of the EU, a bad idea that should never have happened IMO.

The EC was a good idea for Europe, but trying to create a superstate was IMO always a loser, sooner or later.

9 hours ago, Social Media said:

His vision calls for an EU that is more self-sufficient, competitive, and better equipped to handle the challenges posed by a shifting global landscape.

Ie, a European empire headed by Macron.

Such a pity.

36 minutes ago, Watawattana said:

Why not let GB back in? That should help accelerate the collapse… 

 

They probably took one look at Starmer's government and decided they were better off without us.

 

Macron is actually making sense, but he's such a chameleon that it's difficult to know what he really thinks. Wonder what Brigitte thinks about all this, she was great in the Stone Roses...

 

what does CHINA do that EU does not?

 

no unlimited immigration of a certain religion that are only a burden on the country, economy and local population

 

well that and cheap local labor...

This guy has been a bit too vocal lately, IMO.

4 minutes ago, CanadaSam said:

This guy has been a bit too vocal lately, IMO.

 

He's clearly seen the winds of change and is trying to re-invent himself to stay relevant. 

27 minutes ago, JonnyF said:

 

They probably took one look at Starmer's government and decided they were better off without us.

 

Macron is actually making sense, but he's such a chameleon that it's difficult to know what he really thinks. Wonder what Brigitte thinks about all this, she was great in the Stone Roses...

 

Good old Brownie!!!

The EU and a country leader acknowledging deficiencies and challenges ahead, and proposing policies to deal with them! What a shame! 😅

 

Below a link to a short account of the Draghi report, for those too lazy to read the full report.

https://www.bcg.com/publications/2024/draghi-report-future-of-eus-industrial-strategy

How about urgently reforming the FAILING DECREPIT AND INCOMPETENT political class that has brought us to this sorry place, starting with Macron?

 

Get rid of them all, Annalena Baerbock, Ursulua von der Leyen, Macron, Boris Johnson and his mafia, all the incompetent failures who've been enriching themselves and lining their own pockets. While steering the ship into an impressive last place.

 

Ludicrous energy prices? Check. 800 billion Euro taxpayer money for Ukrainian paramilitaries? Check. "We can deal with unlimited immigration"? Check. 

 

You could handpick a group from Asean now who would govern the EU better than this amalgam of incompetents.

Edited October 8, 20241 yr by Cameroni

10 minutes ago, Cameroni said:

Ludicrous energy prices? Check. 800 billion Euro taxpayer money for Ukrainian paramilitaries? Check. "We can deal with unlimited immigration"? Check.

Impose  illegal sanctions on fuel exports  if that doest work

(it didn't) blow up a few pipelines to ensure high prices... but wait  low and behold "someone else" has magically overturned their fracking and drilling bans and is now one of the world largest suppliers..what an absolute coincidence 🤮

Just now, johng said:

Impose  illegal sanctions on fuel exports  if that doest work

(it didn't) blow up a few pipelines to ensure high prices... but wait  low and behold "someone else" has magically overturned their fracking and drilling bans and is now one of the world largest suppliers..what an absolute coincidence 🤮

 

Yes, we will punish Russia! By paying triple for our gas bill!

 

Whilst Russia will then get higher prices and have a booming economy.

 

Great job, Ursula.

13 minutes ago, Cameroni said:

How about urgently reforming the FAILING DECREPIT AND INCOMPETENT political class that has brought us to this sorry place, starting with Macron?

 

Get rid of them all, Annalena Baerbock, Ursulua von der Leyen, Macron, Boris Johnson and his mafia, all the incompetent failures who've been enriching themselves and lining their own pockets. While steering the ship into an impressive last place.

 

Ludicrous energy prices? Check. 800 billion Euro taxpayer money for Ukrainian paramilitaries? Check. "We can deal with unlimited immigration"? Check. 

 

You could handpick a group from Asean now who would govern the EU better than this amalgam of incompetents.

 

 

And replace with whom? Mélenchon, Weidel, Le Pen, Farage, etc.? Individuals who sole objective appears to be to sow division within society.

Macron, is a joke, and, i m french.

 

Just now, RayC said:

 

 

And replace with whom? Mélenchon, Weidel, Le Pen, Farage, etc.? Individuals who sole objective appears to be to sow division within society.

 

You, know, these divisions in society have always been there. They exist. They existed in 1932 and they exist in 2024. It wold be a fallacy to assume we all think the same

 

But it seems to get worse. The atomisation of society and division into a multitude of interest groups is disintegrating the very fabric of society. People are choosing to emigrate rather than pay taxes for governments that are obviously incompetent.

 

What big ideas can Europeans still get behind? Even democracy itself seems like a limp towel. The European spirit has been dragged into the mud of wokery and politically correct insanity. Nobody supports the EU anymore they way they did in the past.

 

You could do a lot worse than choose Farage or Le Pen, indeed we have been doing worse, but sadly we don't have a Trump whom people can rally around.I used to think Merz was a smart guy, turns out he's  just like the others. But anything has to be better than those who put us into this sorry position.

 

Do you remember this book? An American professor predicting the coming economic war between the EU, Japan and the US? He predicted the EU would win. We held the best cards. But we had the worst players.

 

https://www.amazon.com/Head-Coming-Economic-America-1993-06-01/dp/B01FIZSJQI

7 minutes ago, Cameroni said:

 

Yes, we will punish Russia! By paying triple for our gas bill!

 

Whilst Russia will then get higher prices and have a booming economy.

 

Great job, Ursula.

Voted by the EU council (the governments of the different member States)

he's crazy clown and provocateur. French ppl didn't deserve .such a schmuck. 

9 minutes ago, RayC said:

 

 

And replace with whom? Mélenchon, Weidel, Le Pen, Farage, etc.? Individuals who sole objective appears to be to sow division within society.

 

It's the leftists sowing division by allowing millions of immigrants into the country committing crimes. 

 

https://www.mattgoodwin.org/p/my-essay-in-the-mail-eu-nations-tell

 

bloody Brexit!😎

2 minutes ago, candide said:

Voted by the EU council

What a great decision  that'll show the "Evil Hitler Putin Orks"

we cut off our nose to spite our face  we willingly pay huge premiums for our energy needs  our heavy manufacturers  relish the challenges  of having no supply of cheap energy

everyone else excepts and understands that prices must rise 2-4 x  to save the Ukrainian democracy  after all "War is Peace"

3 minutes ago, JonnyF said:

 

It's the leftists sowing division by allowing millions of immigrants into the country committing crimes. 

 

https://www.mattgoodwin.org/p/my-essay-in-the-mail-eu-nations-tell

 

 

Immigration to the UK increased under the 'leftist' Conservative party.

 

If those figures are correct then 97.8% of immigrants to the UK are law abiding.

I'm no fan of Macron's, in fact I think he's a total <deleted>, but he is 100% correct on this issue. 

5 minutes ago, frank83628 said:

bloody Brexit!😎

Wrong my friend....when the EU ship goes down, and it will sooner, rather than later, best not be attached to it. We will bless those great souls who voted for Brexit and saved the nation.

2 minutes ago, RayC said:

 

Immigration to the UK increased under the 'leftist' Conservative party.

 

Whataboutism aside, yes the tories let everyone down on immigration which is why we have the current shower which are far worse. 

 

2 minutes ago, RayC said:

 

If those figures are correct then 97.8% of immigrants to the UK are law abiding.

 

You might not be so blase if you were a woman walking the streets of Paris.

 

https://www.gbnews.com/news/world/france-migration-rape-cases-paris-foreigners

 

14 minutes ago, candide said:

Voted by the EU council (the governments of the different member States)

 

Of course, garbage in, garbage out. You can't expect the EU to be competent body if the home governments are full of kindergarten teachers, ravers and party girls.

 

This is not a video of  first year uni students high on drugs, this is the prime minister of Finland:

 

 

26 minutes ago, Cameroni said:

 

Yes, we will punish Russia! By paying triple for our gas bill!

 

Whilst Russia will then get higher prices and have a booming economy.

 

Great job, Ursula.

 

Russians are also complaining about the high prices of goods. The Russian playbook has always included 'blame the West'

Too many idiots siding taking sides that they shouldn't.

1 minute ago, NowNow said:

 

Russians are also complaining about the high prices of goods. The Russian playbook has always included 'blame the West'

Too many idiots siding taking sides that they shouldn't.

 

Yes, like in the West, inflation is high in Russia, but Russians have never been purchasing more luxury goods. The Russian economy is booming.

 

If we had a leader like Putin in charge of the EU, we'd be doing a lot better.

Edited October 8, 20241 yr by Cameroni