Cyph3rp9nk on Nostr: Europe and Socialism In Europe there is no free market, the economy of the nations is ...
Europe and Socialism
In Europe there is no free market, the economy of the nations is centrally planned through subsidies.
The percentage of taxes collected by the Eurozone exceeds 50% of GDP. A large part of these taxes are used to subsidize sectors that politicians consider strategic, but this never works, because personal corruption always prevails.
The result is that all technologies are born in the USA, Japan, South Korea or China.
This system of subsidies also applies on a small scale. Immigrants receive subsidies that allow them to live without working, and the same applies to local people, in many countries the incentive to work is being lost.
Private property is not respected either, favoring those who occupy houses illegally.
We have reached the extreme that some people live with a salary higher than the minimum wage required by law, and do not pay for water, electricity or housing.
Europe will become Argentina 2.0.
In Europe there is no free market, the economy of the nations is centrally planned through subsidies.
The percentage of taxes collected by the Eurozone exceeds 50% of GDP. A large part of these taxes are used to subsidize sectors that politicians consider strategic, but this never works, because personal corruption always prevails.
The result is that all technologies are born in the USA, Japan, South Korea or China.
This system of subsidies also applies on a small scale. Immigrants receive subsidies that allow them to live without working, and the same applies to local people, in many countries the incentive to work is being lost.
Private property is not respected either, favoring those who occupy houses illegally.
We have reached the extreme that some people live with a salary higher than the minimum wage required by law, and do not pay for water, electricity or housing.
Europe will become Argentina 2.0.