February 17, 2025 • 12 mins
In this explosive rant, Christopher Markowski lays into European leadership, calling out the deep state and bureaucratic failures that have left the continent "pathetic and sad." He criticizes EU elites for free riding on American defense while canceling elections, mismanaging energy policy, and undermining democratic mandates. Markowski challenges European nations to take responsibility for their own defense, reform their internal systems, and stop relying on outdated, elitist structures that jeopardize true democracy. www.watchdogonwallstreet.com
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact it we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst and trader Chris Markowski.
Speaker 2 (00:16):
Pathetic and sad. There's really no other way to describe
Europe at this point and time, all least the leadership
over there in Europe, especially the leadership coming out of
Brussels and their various different committees. What came to mind
was actually the breakfast club where John Bender. John Bender
(00:38):
was making fun of Brian, and Brian was a member
of the Math Club and he was making fun of it.
He called it pathetic and set, pathetic and sad but social. Hey, hey,
there you go, Europe pathetic and sad man, but they're
still social anyway. Stories all over the place, Europe squeeze
between Putin and Trump, Europe seeks a moment of truth.
(01:00):
And then editorial board the Wall Street Journal, Oh no,
you know, maybe maybe Trump's being a little bit tough
and jd Vance is being a little bit too tough
on Europe. You had Germany's Defense Minister Boris Pistorius criticizing
jd Vance. He equates europe situation with that of certain
authoritarian regimes. That is unacceptable, unacceptable, he said. And then
(01:27):
you had this fella here again. This guy was the
he's the chairman, he's the chairman of the Munich Security Conference. Crying.
He broke down on stage, crying, no no, no, no, no, no,
(01:52):
no no no. Was it over the car ramming attack
in Munich or now that the other attack that was
in Austria We go on? No, no, no, he cried,
like a little schoolgirl. Who is this guy's name? Choose gin.
He had to be comforted by a woman. A woman
(02:13):
came up and hugged him. This guy's in charge of
the security conference. That's like making that transvestite chick, the
bud light girl in charge of linebackers. Okay, give me
a break, and you know we can go on here
(02:36):
at this point in time, and just how ridiculous this
this thing is. I'm gonna grab a grab a little
philosophy or a little Nietzche. There is a point in
history of society where it becomes so pathologically soft and
tender that, among other things, it sides even with those
who harm it, criminals, and does this quite seriously and honestly,
(02:59):
and that's that's what's taking place in Europe at this
point in time. Europe is having an emergency meeting today, mergency.
I don't know who's going. I don't know what European
leaders are going. It's going to be held in Paris.
A crone called it. I guess it's their come They
supposedly they're come to Jesus moment buy and buying it.
(03:20):
I did. Do you understand the.
Speaker 3 (03:23):
Complete, the complete, what they would have to do over
in Europe, the type of social welfare cuts that they
would have to engage in.
Speaker 2 (03:38):
To h build a military backup. You know, Germany's interesting.
They have the Munich Security Conference and Boris is all upset.
Boris dare j e vance call us out? And what
we'll talk about the nonsense that takes place in Germany.
Have you ever gone online and actually taken a look
(03:58):
at the military capacity of some of these European nations. Yeah,
Germany has six submarines, all Diesel m go and take
a look at the capacity. What they're they're capable of
doing nothing? Nothing? Again, the European Union, which was originally
(04:28):
put together as a for trade that that was the
original idea was put together so for trade, and eventually
barriers started coming down, and then they went to the
common currency, which was unique interesting at that point in
time because one of their the biggest economy, one of
(04:50):
the biggest economies in the European Union was was Great Britain,
the UK, and they didn't even join the common currency.
Kind of weird. It's almost like saying, hey, you know,
we live in the state of Florida. We're gonna come
up with our own currency down here. It's gonna be
gator bucks or something like that. But anyway, neither here
nor there. They've been free riding. They've been free riding
(05:15):
the United States since World War Two. And they you know,
they love bringing up Oh well, after September eleventh, it
was the first time we had to use Article five.
Why we had a terrorist attack happened in New York.
We weren't invaded Article five again. But you keep patting
(05:41):
yourself on the back with that. I mean, what, did
you guys launch an immediate attack on Afghanistan after that? No, no,
we did that, so you can spare us the bullshit.
Quite frankly, you take a look across the board they're
capable of having all their handouts and giveaways and all
(06:02):
that stuff simply because we provide for their defense. And
it's been going on since World War Two. Hey, you
getting people out. They're all upset and no look at
it upsetting the apple cart with Europe and our there
are allies. Yep. I again. I one of the things
(06:25):
I like to do. I like to go out to dinner.
I do. And you know, I've got my friends that
I go out to dinner with and I'll pick up
the check. Sometime. My buddy will pick up the check sometime.
We don't keep track, but because we all know, it
comes out and wash because everyone's going to pick it
up the check. Okay, if there was one of individual
(06:49):
and my group of friends or family friend group that
never paid, eventually, eventually that will take its toll and
start pissing everybody else off of the group. Fortune. We
don't have that, but that's what we've been dealing with again,
(07:12):
don't believe me. Go take a look at France. I
think France has got the largest military in Europe, and
see what they have, see what they're capable of doing. Again,
you have another war again, that's Europe's great at having
wars on their continent. Man, their fans, they love their
(07:33):
wars on that continent, and again, really can't do much
about it. Listen, people, at some point, this could be
the greatest thing for them, forcing them to grow up
and take responsibility for their own damn defense. And again
(08:00):
we were generous, well, well, only only ask for everybody
to contribute two percent of their GDP. That's it. And
you couldn't do that. You couldn't do that, you couldn't
come up with that. And I remember these European elites. Okay,
(08:22):
it's the same. They're the same people though. Okay, I'm
making fun. We have this, it's what do you think
we're breaking up in Washington, DC right now? It's the
same people. It's the same damn crowd. Okay. These are
not people that built anything. They're not people that created
anything in their entire lives. All right, there's a big
difference between Europe and the United States. That you don't
(08:44):
have a Bill Clinton. There's no Bill Clinton's in Europe.
There's no JD. Vance's in Europe. It's an elitist system
that's in play there. That's the reality. You don't come
from nowhere and build that just doesn't work that way.
But anyway, neither here nor there, just same crowd, same
(09:05):
people that we have here, same garbage. They need to
be they need to get them out of the way. Again,
you're you're here. Oh my god, These various different leaders
and people walked out of the room. People walked out
of the room. When when JD. Vance said that, and
you know later there was an actual this was an actual,
(09:29):
uh conversation. This is one of our This is in
regards to what's happening with the Ukraine, one of our
Again we we told Europe straight to their face and said,
you know, we're going to do the negotiating here. We're
going to do this kind of adding insult to injury.
You know, they were begging, you know, we need to
(09:50):
be involved in this conversation. No, no, you haven't. You
haven't been paying, you haven't been contributing. And again I
go back, go back to making fun of Donald Trump
because Donald Trump was criticizing them, Germany in particular for
(10:10):
importing all of their energy from Russia. And at the time,
this is pre Ukraine War. We had this conversation here
on the show. Oh wait, wait, wait, wait, wait, wait, wait,
we got this, We got this defense thing called NATO. Right,
most time pushed back against UH back in the day,
(10:31):
the Iron Curtain, the Soviet Empire, that's gone. Now it's Russia.
Push back against Russia. We're spending billions and billions and
billions and billions of dollars UH to defend you against Russia.
Yet you're completely reliant on them for energy. You want
(10:54):
to we want to explain to you how that makes
any sense whatsoever. And it doesn't until you go back
and take a look at the various different German politicians
like Gerhard Schroeder back in the day. Yeah, yeah, you
know where he went after he left UH German politics.
He went for gas. He went to work for gas prompt. Yeah,
the Russian oil and gas company. You know what do
(11:19):
you think he spends his summers Probably about, you know,
a massive yacht and a Mediterranean somewhere. Okay, this is
the same same thing, Okay. And the reality of the situation, Yes,
Europe is pathetic and said, but we don't want them
to be pathetic and say and again it's not all
most certainly not all the people there, and most of
the people want out from underneath this nonsense too. You're
(11:41):
gonna have to start choosing a little bit wiser when
it comes to the people that you put in charge,
and you have to do something about this European Union.
And they're already made, They're already making uh overtures to
the fact that if oh no, that that that AfD
party in Germany does well the election, we may have
to cancel that election too. Again, bringing it down to
(12:07):
you call yourselves. You know we have shared values, but
in what way? In what way you know you're canceling
elections there? You don't allow free speech in many of
these countries anymore. I've already alluded to fact I won't
step foot in the UK, and I think I'm had
(12:28):
my ad Germany to that list too again. Pathetic and
sad watchdog on Wall Street dot Com
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact it we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst and trader Chris Markowski.
Speaker 2 (00:16):
Pathetic and sad. There's really no other way to describe
Europe at this point and time, all least the leadership
over there in Europe, especially the leadership coming out of
Brussels and their various different committees. What came to mind
was actually the breakfast club where John Bender. John Bender
(00:38):
was making fun of Brian, and Brian was a member
of the Math Club and he was making fun of it.
He called it pathetic and set, pathetic and sad but social. Hey, hey,
there you go, Europe pathetic and sad man, but they're
still social anyway. Stories all over the place, Europe squeeze
between Putin and Trump, Europe seeks a moment of truth.
(01:00):
And then editorial board the Wall Street Journal, Oh no,
you know, maybe maybe Trump's being a little bit tough
and jd Vance is being a little bit too tough
on Europe. You had Germany's Defense Minister Boris Pistorius criticizing
jd Vance. He equates europe situation with that of certain
authoritarian regimes. That is unacceptable, unacceptable, he said. And then
(01:27):
you had this fella here again. This guy was the
he's the chairman, he's the chairman of the Munich Security Conference. Crying.
He broke down on stage, crying, no no, no, no, no, no,
(01:52):
no no no. Was it over the car ramming attack
in Munich or now that the other attack that was
in Austria We go on? No, no, no, he cried,
like a little schoolgirl. Who is this guy's name? Choose gin.
He had to be comforted by a woman. A woman
(02:13):
came up and hugged him. This guy's in charge of
the security conference. That's like making that transvestite chick, the
bud light girl in charge of linebackers. Okay, give me
a break, and you know we can go on here
(02:36):
at this point in time, and just how ridiculous this
this thing is. I'm gonna grab a grab a little
philosophy or a little Nietzche. There is a point in
history of society where it becomes so pathologically soft and
tender that, among other things, it sides even with those
who harm it, criminals, and does this quite seriously and honestly,
(02:59):
and that's that's what's taking place in Europe at this
point in time. Europe is having an emergency meeting today, mergency.
I don't know who's going. I don't know what European
leaders are going. It's going to be held in Paris.
A crone called it. I guess it's their come They
supposedly they're come to Jesus moment buy and buying it.
(03:20):
I did. Do you understand the.
Speaker 3 (03:23):
Complete, the complete, what they would have to do over
in Europe, the type of social welfare cuts that they
would have to engage in.
Speaker 2 (03:38):
To h build a military backup. You know, Germany's interesting.
They have the Munich Security Conference and Boris is all upset.
Boris dare j e vance call us out? And what
we'll talk about the nonsense that takes place in Germany.
Have you ever gone online and actually taken a look
(03:58):
at the military capacity of some of these European nations. Yeah,
Germany has six submarines, all Diesel m go and take
a look at the capacity. What they're they're capable of
doing nothing? Nothing? Again, the European Union, which was originally
(04:28):
put together as a for trade that that was the
original idea was put together so for trade, and eventually
barriers started coming down, and then they went to the
common currency, which was unique interesting at that point in
time because one of their the biggest economy, one of
(04:50):
the biggest economies in the European Union was was Great Britain,
the UK, and they didn't even join the common currency.
Kind of weird. It's almost like saying, hey, you know,
we live in the state of Florida. We're gonna come
up with our own currency down here. It's gonna be
gator bucks or something like that. But anyway, neither here
nor there. They've been free riding. They've been free riding
(05:15):
the United States since World War Two. And they you know,
they love bringing up Oh well, after September eleventh, it
was the first time we had to use Article five.
Why we had a terrorist attack happened in New York.
We weren't invaded Article five again. But you keep patting
(05:41):
yourself on the back with that. I mean, what, did
you guys launch an immediate attack on Afghanistan after that? No, no,
we did that, so you can spare us the bullshit.
Quite frankly, you take a look across the board they're
capable of having all their handouts and giveaways and all
(06:02):
that stuff simply because we provide for their defense. And
it's been going on since World War Two. Hey, you
getting people out. They're all upset and no look at
it upsetting the apple cart with Europe and our there
are allies. Yep. I again. I one of the things
(06:25):
I like to do. I like to go out to dinner.
I do. And you know, I've got my friends that
I go out to dinner with and I'll pick up
the check. Sometime. My buddy will pick up the check sometime.
We don't keep track, but because we all know, it
comes out and wash because everyone's going to pick it
up the check. Okay, if there was one of individual
(06:49):
and my group of friends or family friend group that
never paid, eventually, eventually that will take its toll and
start pissing everybody else off of the group. Fortune. We
don't have that, but that's what we've been dealing with again,
(07:12):
don't believe me. Go take a look at France. I
think France has got the largest military in Europe, and
see what they have, see what they're capable of doing. Again,
you have another war again, that's Europe's great at having
wars on their continent. Man, their fans, they love their
(07:33):
wars on that continent, and again, really can't do much
about it. Listen, people, at some point, this could be
the greatest thing for them, forcing them to grow up
and take responsibility for their own damn defense. And again
(08:00):
we were generous, well, well, only only ask for everybody
to contribute two percent of their GDP. That's it. And
you couldn't do that. You couldn't do that, you couldn't
come up with that. And I remember these European elites. Okay,
(08:22):
it's the same. They're the same people though. Okay, I'm
making fun. We have this, it's what do you think
we're breaking up in Washington, DC right now? It's the
same people. It's the same damn crowd. Okay. These are
not people that built anything. They're not people that created
anything in their entire lives. All right, there's a big
difference between Europe and the United States. That you don't
(08:44):
have a Bill Clinton. There's no Bill Clinton's in Europe.
There's no JD. Vance's in Europe. It's an elitist system
that's in play there. That's the reality. You don't come
from nowhere and build that just doesn't work that way.
But anyway, neither here nor there, just same crowd, same
(09:05):
people that we have here, same garbage. They need to
be they need to get them out of the way. Again,
you're you're here. Oh my god, These various different leaders
and people walked out of the room. People walked out
of the room. When when JD. Vance said that, and
you know later there was an actual this was an actual,
(09:29):
uh conversation. This is one of our This is in
regards to what's happening with the Ukraine, one of our
Again we we told Europe straight to their face and said,
you know, we're going to do the negotiating here. We're
going to do this kind of adding insult to injury.
You know, they were begging, you know, we need to
(09:50):
be involved in this conversation. No, no, you haven't. You
haven't been paying, you haven't been contributing. And again I
go back, go back to making fun of Donald Trump
because Donald Trump was criticizing them, Germany in particular for
(10:10):
importing all of their energy from Russia. And at the time,
this is pre Ukraine War. We had this conversation here
on the show. Oh wait, wait, wait, wait, wait, wait, wait,
we got this, We got this defense thing called NATO. Right,
most time pushed back against UH back in the day,
(10:31):
the Iron Curtain, the Soviet Empire, that's gone. Now it's Russia.
Push back against Russia. We're spending billions and billions and
billions and billions of dollars UH to defend you against Russia.
Yet you're completely reliant on them for energy. You want
(10:54):
to we want to explain to you how that makes
any sense whatsoever. And it doesn't until you go back
and take a look at the various different German politicians
like Gerhard Schroeder back in the day. Yeah, yeah, you
know where he went after he left UH German politics.
He went for gas. He went to work for gas prompt. Yeah,
the Russian oil and gas company. You know what do
(11:19):
you think he spends his summers Probably about, you know,
a massive yacht and a Mediterranean somewhere. Okay, this is
the same same thing, Okay. And the reality of the situation, Yes,
Europe is pathetic and said, but we don't want them
to be pathetic and say and again it's not all
most certainly not all the people there, and most of
the people want out from underneath this nonsense too. You're
(11:41):
gonna have to start choosing a little bit wiser when
it comes to the people that you put in charge,
and you have to do something about this European Union.
And they're already made, They're already making uh overtures to
the fact that if oh no, that that that AfD
party in Germany does well the election, we may have
to cancel that election too. Again, bringing it down to
(12:07):
you call yourselves. You know we have shared values, but
in what way? In what way you know you're canceling
elections there? You don't allow free speech in many of
these countries anymore. I've already alluded to fact I won't
step foot in the UK, and I think I'm had
(12:28):
my ad Germany to that list too again. Pathetic and
sad watchdog on Wall Street dot Com
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