L’Europa può importare talenti disillusi dagli Stati Uniti di Trump, afferma Lagarde

Europe may be able to attract “talent” from across the Atlantic following Donald Trump’s election, the European Central Bank president has suggested, as she called on the continent to better recognise its economic strengths.  Christine Lagarde said Europe needed to get better at keeping its talent and savings at home, adding that the new US administration’s decision to freeze some funding for former president Joe Biden’s Inflation Reduction Act might remove one of the incentives to invest in the US.  Without making a direct reference to Trump, the French central banker indicated that some US residents might be attracted to Europe in the wake of the US inauguration.  “We need to keep the talent at home. We need to keep the savings at home. Maybe it is also time to import a few of the talents that would be disenchanted, for one reason or the other, from another side of the sea,” she said.   Lagarde’s words came on the closing day of the World Economic Forum in Davos, during which investors and executives highlighted the contrast between the upbeat mood about the US economy and deep pessimism about Europe’s weak growth prospects. 

Speaking alongside Lagarde on a panel, Larry Fink, chief executive of BlackRock, said he believed that there was too much pessimism in Europe and it was probably time to be investing back into the continent.  Lagarde said that the EU faced “existential threats” but that this should act as a wake-up call for its leaders to take action to strengthen the bloc. She said the positive scorecard for the Eurozone included a relatively low overall government deficit at about 3 per cent of GDP, and her “strong confidence” that annual inflation, which was 2.4 per cent in December, was more likely to decline than to reaccelerate.   Lagarde acknowledged that some executives were “not very upbeat” about European prospects, but she argued the continent could respond to its economic challenges if its leaders “actually get their act together”.  Among the changes that could benefit Europe are Trump’s decision to suspend the disbursement of some funds under the Inflation Reduction Act, which has served as an important lure for European companies seeking to set up manufacturing projects in the US.  European politicians in Davos have also been arguing that Trump’s vows to erect trade barriers open an opportunity for the EU to strengthen its ties with other countries around the world. Lagarde said that the Europeans had learnt after the second world war that “you cannot go alone” and they instead needed to sit at the table and co-operate.  She said: “What is happening outside Is a challenge but also a big opportunity for revisiting and deciding whether or not Europe wants to be a key player,” Lagarde said. “I am contending it has the talent, and it has the means and it has the ambition.” Fink, despite his optimism that the investment case for Europe had grown, said Europe was a “myth” because the single market was incomplete, including in financial services. Lagarde disagreed. “Europe is not a myth. It is not a basket case. It’s a fantastic case for transformation.”

>Maybe it is also time to import a few of the talents that would be disenchanted, for one reason or the other, from another side of the sea,” she said. 

Importing talent when US has much higher wages than Europe isn’t that appealing. People who have well-paid jobs and businesses aren’t going to uproot themselves and move to a place where earnings & wages (after taxes) are comparatively low. They would just baton down the hatches and wait for 4 yrs…

Agree. Such efforts should have been done long ago. Lets attract all those who needs properly priced insulin first.

Not if they are going to bring their “culture” here. We have enough racism and greed. There is no need to import more of it. We need to fix our own issues first.

There should be a full on campaign launched to attract young talent from a lot of places but arguably the US is currently got 1000s of disillusioned people looking for a better life, they don’t even want paid vacation time just throw in free medical and they hooked.

Ah yes, the French will offer people making 100k+ gross in US, positions for 60k before taxes, but with the French snobbery included.

Where are the proper pays for tech positions Lagarde?! That’s right, the boni are on accounts of a-holes that comes up with shit like that.

Why on earth would anyone trust any European government, and especially the EU itself to be able to differentiate talent from more rapists and criminals?

Americans talent? Sure, that sounds good. But it’s far more likely that once any government or Brussels itself is in charge of it we will just end up with America’s trash.

I have children. I can’t afford any more outsiders bringing danger to their lives. And I’m sick of sociopaths without families putting my own family in danger with their suicidal policies. And this is an extraordinarily common sense position for anyone with kids. If that means no “potential talent boost” so be it.

shit is fucking expensive in europe

Like all my american friends i have are earning so much more money and have nice homes even tho theyre made out of paper

but atleast they dont have to spend half their income on a 3room appartment

Why would they even come here? To work on a 2300€ monthly salary that in many countries is a few hundred euros higher than a depot worker?
To remain in mediocrity and depression when they see that the chance of growing here economically is way worse than Us?

We have our own problems, but it wouldn’t be too surprising, thinking of writers and scientists emigrating in the 30s. Even more reason not to follow the anti-intellectualism of the US. Not the right/moral one, but I guess the selfish and opportunistic arguments are more likely to be considered

Import the illegals? Don’t repeat american mistakes and then cry about far right rising in popularity.

They will get even more disillusioned once the see european wages post tax

Can we send Lagarde to USA?

We aren’t just disillusioned but [escaping pending genocide](https://www.lemkininstitute.com/red-flag-alerts/red-flag-alert-for-genocide—united-states:-the-rise-of-the-nazi-salute) (At least for us LGBTQ persons). Someone hire my wife with a PhD in immunology over here lol we are living in Spain and she is my dependent currently 🙂

Pick me I swear I will fit in 😭