Will the EU Join the Quad? Audience Question Answered

CA 1 Will the EU Join the Quad? Audience Question Answered 3,865 views •Streamed live on Mar 30, 2021 213 2 Share Save The Geopolitics In Conflict Show 6.27K subscribers We have a brand new Membership you can join! It will give you a chance to go even deeper into the most pressing global topics. You'll get more information and a much deeper dive with bi-weekly live Zoom calls and Q&A with Dr. David Oualaalou PhD & Dr. Ross Stewart PhD, as well as a community to ask questions and have discussions with others who are interested in deeper information and knowledge as well. Check it out here: https://www.gicshow.com/offers/BU8PCLEf​ President Biden met virtually with the leaders of Japan, India, and Australia known as “the Quad”. The objective of the meeting is to set the stage to counter China. The key question many are asking is: Will the EU join the Quad? Hard to tell at this time given the fact the Germany is at the heart of the EU. This comes on the heels of the US warning of possible sanctions against Germany over Nord Stream 2. Subscribe to our channel: https://www.youtube.com/channel/UC5PW​... Subscribe to our Blog: https://www.globalperspectiveconsulti​... Find us on LinkedIn: https://www.linkedin.com/in/david-oua​... Follow us on Twitter: https://twitter.com/DOualaalou​ Find us on Facebook: https://www.facebook.com/profile.php?​... 53 Comments Auggie Giuseppe Add a public comment... Steve Jefferson Steve Jefferson 1 month ago The EU acts a vassal 0f the US EMPIRE at the moment, The North Stream final decision will decide the route Europe will really take...the interest of Europe will help in the decision too. 12 인생여행나는 나다. 인생여행나는 나다. 2 weeks ago The journey of a thousand miles begins with one step. Confucius 4 인생여행나는 나다. 인생여행나는 나다. 2 weeks ago No, south Korea is not part of Quad. South Korea carefully chose not to take part in Quad in part because their geopolitical position and economic relations is very important with China. 6 Frank Johnson Frank Johnson 1 month ago (edited) I don't think it would matter even if the EU joins the Quad. We have to look the game within the game. Every country is just trying to get the little extra edge it needs in every organization. Let us put it in the following way in terms of China. Japan sells 10 apples to China. China buys 10 oranges from USA. India sells 10 bananas to China. China buys 10 cabbages from South Korea. in the Quad, maybe India wants to sell 12 bananas to China, so Korea must sell 9 cabbages to allow China more money for the purchase of bananas. Korea then will benefit by Asking Japan to buy 2 cabbages from Korea. That is why it won't matter if the EU joins the Quad because China already stated China is not worry about the Quad in a "big" way because China is a very big trading partner of each of the Quad - the Quad is not going todo anything significant. It may give an impression for the sake of the USA that she can create but nothing huge will come out of it - you can't try to damage China and expect China is not going to return fire. According to the IMF and World Bank, they project China will grow at least 8% a year each year for 10 years straight - what does this mean? Well if we apply the law of 72 in the finance world, divide 8 into 72 and we get 9 - the 9 here means that if China can average 8% growth as projected then in 9 years the Chinese economy will double. But lets get a better understanding of what GDP mean on a high level using 2019 data. GDP 2019 USA = 21.7 trillion China = 14.7 trillion GDP PPP USA = 21.7 trillion China = 27.7 trillion Therefore, some people say USA is still the biggest economy while others say China is - well it depends how you measure an economy. GDP PPP is not perfect either but it is much more accurate then just plain GDP. GDP PPP takes into account the living costs in a country. Based on a metric developed by IMF/World Bank, 1 is used so USA 21.7 trillion stays the same. But applying the same metric for China, her money can buy more relative to the expenses in her country. By this same metric and the metric may change due to current situation but if all things remain relatively the same, GDP PPP of China could be 60 trillion and USA 30 trillion by 2028-2030 - it means China's purchasing power will be double of the USA even though nominal GDP may be about the same. Moving further down the line, IMF/World Bank projects that the economy of China is likely to be bigger than the economies of both USA and EU by 2050. I think the EU already considered that before launching or associating with anything that may cause China to react strongly. The EU will support USA in some areas and take a few billion dollars hit but no way the EU is gonna want to lose hundreds of billions. The short-term sightedness of the USA is just pushing for some extra relieve and to create perception that USA and these new organizations is gonna balance the world - and perception is important to some but in reality as China said in her state media, China doesn't worry about the USA, Canada, EU, and the rest of the five eyes if it comes to push and shove. 11 GOOSEBUMPS GOOSEBUMPS 1 month ago US, EU , NATO , 5 eyes, Quad will be on 1 side. (Some will go over ) The REST will be with China ,Russia ,Iran on the other side. The world is HEADING TO THIS. 8 虎爷 虎爷 3 weeks ago China vs US= The Tortoise and the Hare 2 Phillip Chan Phillip Chan 1 month ago Quad does not include South Korea, replace that with India 9 J C J C 2 weeks ago The E U is Germany. 1 in every 3 German cars are sold in China. Why would Germany want to mess that up? 2 Stephen Tang Stephen Tang 2 weeks ago The ulterior motive of sanctioning Germany over the Russian second gas line to Germany and some other European countries is the demise of European currency so that the rogue nation can have the hegemony over the use of its currency in the world.