Ghost of Truth on Nostr: Germany is squandering its future Over the past decades, the European Union has ...
Germany is squandering its future
Over the past decades, the European Union has transformed itself into a gigantic subsidy and redistribution apparatus, at the end of which a gigantic bureaucracy siphons off its unwarranted share of the productive forces of the economy. What the EU declares as the Green Deal is nothing more than artificial GDP paid for with inflation money, a pathetic attempt supported by media apocalyptic narratives to implement permanent interventionism, following the classic Keynesian script.
It was clear to anyone who has studied the economic history of the second half of the 20th century that this 'strategy' had failed when it was launched.
The fact that Germany, of all countries, which is in a phase of de-industrialization, is now throwing billions in subsidies into subsidized companies against the backdrop of the so-called green transformation, is only worth a footnote. This economy is in a dramatic decline and its parasitic subsidy entrepreneurs will do everything they can to take what the subsidy machine still has to offer. Meanwhile, the productivity of the private sector is dying and everything is spiraling downwards.
https://www.handelsblatt.com/politik/deutschland/dekarbonisierung-habeck-hilft-industrie-mit-klimaschutzvertraegen/100078251.html
#germany #eu #greendeal #socialism #recession #ampel
Over the past decades, the European Union has transformed itself into a gigantic subsidy and redistribution apparatus, at the end of which a gigantic bureaucracy siphons off its unwarranted share of the productive forces of the economy. What the EU declares as the Green Deal is nothing more than artificial GDP paid for with inflation money, a pathetic attempt supported by media apocalyptic narratives to implement permanent interventionism, following the classic Keynesian script.
It was clear to anyone who has studied the economic history of the second half of the 20th century that this 'strategy' had failed when it was launched.
The fact that Germany, of all countries, which is in a phase of de-industrialization, is now throwing billions in subsidies into subsidized companies against the backdrop of the so-called green transformation, is only worth a footnote. This economy is in a dramatic decline and its parasitic subsidy entrepreneurs will do everything they can to take what the subsidy machine still has to offer. Meanwhile, the productivity of the private sector is dying and everything is spiraling downwards.
https://www.handelsblatt.com/politik/deutschland/dekarbonisierung-habeck-hilft-industrie-mit-klimaschutzvertraegen/100078251.html
#germany #eu #greendeal #socialism #recession #ampel