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RE: FRENCH FINANCE MINISTER TO DRAFT REGULATIONS ON CRYPTO
Well, when big regulations are pushed out like this, it just encourages companies and businesses not to mention residents to look at other countries to move to. Honestly, I would never go to germany or france, not even for a vacation. Let them regulate themselves into a tomb in the history books.
Spot on! - The EU is the slowest growing economic area, meaning in real GDP terms, it's a shrinking market. Their arrogance will lead us into a depression.
We're already behind a lot of Asian countries. These countries such as Singapore, Malaysia and Hong Kong (China) are all branded tax-havens, yet have a wonderful standard of living for their citizens!
While China go from hyper-regulation and control to free-market, we go from free-market to hyper-regulation and control.