Ghost of Truth on Nostr: Germany: when the success of the past has gone to your head This is what it looks ...
Germany: when the success of the past has gone to your head
This is what it looks like when a previously
technology-leading economy and stable society turns into a madhouse. Unbridled invasion of people from other cultures into the social systems that are supposed to protect those who have pulled the cart so far, plus perverse bureaucracy, high fiscal burdens, a demographic collapse and the war of the eco-socialists against all reason and economics.
This is the first phase of an economic collapse. The private sector is withdrawing capital (138 bio. Euro of direct inv last year alone), state budgets will soon face major problems and unemployment is already rising noticeably. This economic death spiral could only be broken if the whole of society woke up and turned to a free market economy, the private organization of capital and trade. So far there is no sign of this! The collective German response seems to be a comeback of socialism. This will of course further accelerate the death spiral of the economy, as we can see from the automotive industry, which is already in the midst of a disaster.
#Germany #recession #GreenDeal #wef #migrationcrisis #socialism
This is what it looks like when a previously
technology-leading economy and stable society turns into a madhouse. Unbridled invasion of people from other cultures into the social systems that are supposed to protect those who have pulled the cart so far, plus perverse bureaucracy, high fiscal burdens, a demographic collapse and the war of the eco-socialists against all reason and economics.
This is the first phase of an economic collapse. The private sector is withdrawing capital (138 bio. Euro of direct inv last year alone), state budgets will soon face major problems and unemployment is already rising noticeably. This economic death spiral could only be broken if the whole of society woke up and turned to a free market economy, the private organization of capital and trade. So far there is no sign of this! The collective German response seems to be a comeback of socialism. This will of course further accelerate the death spiral of the economy, as we can see from the automotive industry, which is already in the midst of a disaster.
#Germany #recession #GreenDeal #wef #migrationcrisis #socialism