European 🇪🇺

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Joined 2 years ago
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Cake day: June 10th, 2023

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  • I don’t mind creating a proper European security investment market. But I most definitely mind an uncontrolled asset derivatives markets, which when abused, (and it will becasue they can) will most probably lead to a new financial crisis.

    "The ECB also called on the Commission to draw on “the lessons of the global financial crisis, when opaque and complex securitisations led to excessive risk-taking,” warning that the EU should “ensure that securitisation does not create excessive leverage in the financial system by fuelling asset bubbles and hiding risks on bank balance sheets.







  • FYi, for a lateral analysis to Chinese Spanish relationship, see also this Elcano Royal Institute , basically:

    " Spain shares the EU’s threefold vision of China as partner, competitor and rival, and advocates a greater role for its institutions and greater coordination and collective action among its member states to achieve a more balanced relation and overcome a clear bilateral asymmetry in favour of China."

    Add: According to some opinions in the FT, Pedro Sanchez , the current PM (socialist party) is sort of a tactical maverick, sometimes seemingly inconsistent, but it’s all about the needs of (his) current political arena.