Friday, April 19, 2024

European Countries Economies 4-19-24

It is clear that many European governments have not worked with their private sector businesses and citizens to focus on their economies. Instead, they fell victim to UN schemes aimed at empowering the UN to advance UN Agenda 21.  The EU morphed from a post-war Trading Partnership into a globalist government that lives in an ideological bubble. 

The EU increased sales taxes to 20%, temporarily halted fishing, encouraged the Muslim invasion in 2015, took on debt to lower their fossil fuel use, built wind and solar, doubled their energy costs, built their tourist-oriented train systems, paid 0 interest on their debt, printed money to cause inflation and increased their Debt to GDP.

There are 41 countries on my European country list

The EU has 27 member countries: Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden.

There are 14 European countries are not EU member countries and include: Russia, UK, Switzerland, Norway, Albania, Andorra, Belarus, Bosnia, Iceland, Liechtenstein, Moldova, Monico, Montenegro, Kosovo, Ukraine, Serbia

I put some countries that show up as European on my Middle East List: Armenia, Azerbaijan, Georgia and Turkey.

41 European countries are listed.

24 European countries have Trade Deficits.

14 European countries have Trade Surpluses.

3 had no trade data

6 European countries have a Debt to GDP under 30%.

25 European countries have a a Debt to GDP from 30% to 90%.

7 European countries have a Debt to GDP over 90%.

It is true that Covid disrupted the tourism revenue in Europe and Biden inflicted global inflation by restricting US energy production and invited wars in Ukraine and Israel.

IMF Estimates for 2023

Country           $NGDP   $Per Capita  Population Debt to GDP Trade Bal 

Germany         $4.430T     $52,824      83.295m         66.1%     +$16.6B

UK                  $3.332T      $48,912      67.737m         97.1%     -53B bp

France            $3.049T      $46,315      64.757m        112%       -101B

Italy                $2.186T      $34,146      58.871m        137%       +35.4B

Russia            $1.862T      $13,006    144.444m        17.2%      +$140B

Spain              $1.582T      $33,090      47.520m        112%       -$43.74B

Netherlands   $1.093T      $61,770      17.618m         46.8%      +$96.43B

Switzerland  $905.6B     $102,865        8.797m          41.4%      +45.23B

Poland          $842.2B       $22,393       41.026m        49.3%      +$3.7B

Belgium        $627.5B       $53,657       11.686m        104%       -$13.99B

Sweden        $597.1B       $55,216       10.612m         32.9%     +3.8B sek

Ireland          $589.6B     $112,248         5.057m         44.4%     +$96B

Norway         $543.8B       $99,266         5.474m         44.3%     +$4.9B

Austria          $526.2B       $58,013         8.959m         77.8%     +1.699B

Denmark      $520.8B       $71,402          5.911m        29.8%      +$42.02B

Romania      $350.4B       $18,413         19.893m        47.2%     -2.174B

Czech Rep   $335.2B       $30,475         10.495m        44.0%     +$122.8B

Finland         $305.7B       $54,507           5.546m        73.3%     -$7.73B

Portugal       $276.4B       $26,879         10.248m        112%      -$6.40B

Greece         $242.4B       $23,173         10.341m        160%       -31.1B

Hungary       $203.8B       $21,075           9.604m        73.9%      -$293.8M

Ukraine        $173.4B        $5,225           36.745m       78.4%      -$27.37B

Slovakia       $133.0B       $24,471           5.795m        57.8%      -$6.66B

Bulgaria       $103.1B       $16,087           6.687m        20.0%       +$0.72B

Luxembourg $89.1B      $135,605            654.8k         24.7%      +$28.8B

Croatia         $80.2B         $20,877           4.009m        68.8%      -$1.2B

Lithuania      $79.4B         $28,482           2.718m        38.1%     -$5.35B

Serbia          $75.0B         $11,301           7.149m        55.1%      -$6.79B

Belarus        $68.9B         $7,477             9.498m        32.8%      -$2.4B

Slovenia      $68.4B         $32,350           2.120m         72.3%      -$1.335B

Latvia          $46.7B         $24,929           1.830m         41.0%      -$2.39B

Estonia        $41.8B         $30,998           1.323m        19.6%       -$0.21B

Iceland        $30.5B         $78,837            375.3k         68.9%      -$0.20B

Bosnia         $26.9B         $7,778             3.211m         20.3%       -$3.59B

Albania        $21.9B         $8,057             2.832m         59.2%       -$4.5B

Malta           $20.3B        $38,715             535.1k         52.3%        -4.6B

Moldova     $16.0B          $6,411             3.436m         32.1%        -4.2B

Macedonia  $15.8B         $7,672             2.086m         51.0%        -2.8B

Monico         na               na                        36.3k           na              na

Andorra       $3.692B      na                        80.1k           na               na

San Marino $1.998B       na                       33.6k            na               na

Total EU     $19.35T

https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)

https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capita

https://en.wikipedia.org/wiki/List_of_European_countries_by_population

https://tradingeconomics.com/country-list/government-debt-to-gdp?continent=europe

Trade balance: goggle search.

This data gives us a look at how countries are dealing with their basic economies. The cost of providing water, food and shelter and living standards vary widely. Countries with the largest populations and the least resources are more difficult to manage. Maintaining law and order is required.

Norb Leahy, Dunwoody GA Tea Party Leader

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