Dalal.Holdings

Don’t worry, the almighty “Compass” will save the EU Forget that all the goals of the “Compass” are pointing in completely different directions

Ursula and the Brussels gang don’t get it… innovation doesn’t come from bureaucrats like her. Innovation occurs when people like her move out of the way. She addresses red tape a bit which is somewhat reassuring, but also focuses on “decarbonization” and the overall strategy of “a compass” and centralized investment mechanism sounds like a bad strategy…

https://www.ft.com/content/b6a5c06d-fa9c-4254-adbc-92b69719d8ee Lagarde is absolutely clueless. Can't believe she still has a leadership position in the EU, but then again, the EU is not democratic but just a cabal of insider bureaucrats who have destroyed their continent. The European people have no say in who runs this clown show. The EU needs reform badly.

Yes that’s because it costs more to fix your body with drugs or in a hospital or operating room than to fix a car in a shop. In America it’s more expensive than other countries too. You’re not the first one to be mad about that and won’t be the last. That’s not what I was debating at all. Good luck.

https://www.nytimes.com/2025/01/23/technology/deepseek-china-ai-chips.html Man, this is hilarious. A cheap Chinese AI co is undercutting the Big Boys…I hope all that capex spend on data centers and chips was worth it !!

Bro, your life and health is worth far more than your car or your condo. Like I said, I agree that costs in the U.S. are too high, however the notion that people are being bankrupted left and right by healthcare costs in the U.S. is untrue. That is all.

Thanks for the laugh. Yes we have the ACA and it works to prevent bankruptcies because people who were healthy and uninsured are now forced to own insurance in the event something catastrophic occurs and they have coverage. It's a good thing and the way insurance works. Obviously the U.S. has longstanding issues with healthcare costs, but those are not nearly as debilitating as the forces that hamper EU's growth and potential today. My commentary about the EU has been pretty clear. If Europeans can't even accept that they have a problem, there is no hope to fixing it. And if this continues over prolonged period of time, even those nice benefits that Europeans have will start being eroded...

As I said: "It's no secret that the U.S. share of healthcare costs to GDP is higher though at ~18% of GDP and people have a lot of reasons to complain about it. However, the meme that U.S. healthcare regularly makes people bankrupt is hyperbolic and often very emotionally driven." "What other service are you happy to pay $10k a year when you don't use it" Yeah that's how insurance works man. "Oh, and we punish you for it if you don't buy it? " Yep Car insurance works the same.

Awesome talk (begins around 9 min mark). There is definitely a large geopolitical shift afoot...

This was a killer speech (begins around 9 min mark with English translation): While I might not agree with everything he says, I agree with his overall thesis and the World Economic Forum has been part of the problem for a long time.

2007: before the ACA, hence irrelevant. $9k/yr is 11.3% of U.S. GDP per capita of 80,000 per year. Your healthcare cost is actually lower than the average American (at ~18% of GDP). Yours is equivalent as % of GDP as what people in the EU pay for healthcare: https://data.worldbank.org/indicator/SH.XPD.CHEX.GD.ZS?locations=EU So that doesn't seem like much of a travesty. It's no secret that the U.S. share of healthcare costs to GDP is higher though at ~18% of GDP and people have a lot of reasons to complain about it. However, the meme that U.S. healthcare regularly makes people bankrupt is hyperbolic and often very emotionally driven.

Yes I live in the U.S. With the ACA in place (having insurance), if you need brain tumor surgery, you would not go bankrupt today. The "U.S. healthcare makes you bankrupt" is similar to the claim that assisted dying in Canada/Europe is a scheme to buck healthcare costs. Both are mostly hyperbolic.

$7K on medical expenses over 14 years ($500/year) is a travesty? How much did you spend on owning a car? How much did you spend on plumbers and vacations over this time ? Your expenses relative to U.S. GDP per capita of $80k/year are not abhorrent, certainly not going to drive you into bankruptcy...

$80K per Annum??? Are you just making up numbers now? Do you know what out of pocket maximums are? Do you know what the actual costs of insurance are for Americans ?

It's amazing that these leaders claim to be "fighting for Democracy" against Free Speech and people like Trump who were ... democratically elected. These leaders should not be trusted. Davos crowd is a cabal that works to subvert true democracy.

OK...and where exactly does this address the claim that the healthcare system "will bankrupt me" ?

Europeans think that’s how U.S. healthcare works but it’s not…

Man, to these Europeans, “democracy” means “only speech and conduct we approve of”. What’s next? A social credit system a la the CCP? These guys are doomed

Amazing that Free Speech has become a foreign concept to many people, especially some of the “highly educated”

https://www.axios.com/2025/01/22/trump-tariffs-russia-end-ukraine-war Man this really damages all the dingbat theories that Trump is Putin’s puppet…

Weird because that’s not how an Oligarchy is supposed to work. I guess Bernie lied…

Throw him in the gulag! Amirite ?

“You can always count on Americans Europeans to do the right thing after they've tried everything else” Is that how the quote goes? Booking summer travel to Europe soon...

This is amazing! Pretty soon Chinese carmakers will be subsidized by both Beijing and Brussels!

The rules of the Soviet Union never apply to the party elite: