A poverty engine is running in the eurozone, while real wages in the United States have risen significantly since 2019. This is the result of years of overregulation, excessive taxation and interventionism a la Europe that is based on broken money.
64 sats \ 3 replies \ @shado_op 16 Dec 2023
Too true.
There's hardly any investment in workplace productivity; hence no money for wage growth, UK productivity is about 18% below the US.
Unfortunately, it's cheaper to just hire and fire than invest.
https://commonslibrary.parliament.uk/research-briefings/sn02791/
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0 sats \ 2 replies \ @TomK OP 16 Dec 2023
That's what You get when the Davosian crowd sets the agenda and scarce capital flows into subsidized bullshit project. It's time that it eats itself up!
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10 sats \ 1 reply \ @shado_op 17 Dec 2023
Meanwhile in Germany politicians argue about re-introducing conscription! So, crush young people's freedom and worsen productivity all in one go. Genuis ..
https://www.msn.com/en-gb/news/world/german-defence-minister-probing-ways-to-boost-military-personnel/ar-AA1lAUmm
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0 sats \ 0 replies \ @TomK OP 17 Dec 2023
Last chance for them: save family finances(those who still have money) by cashing out of Fiat. De-monetize the commies by doing so and avoid taxes. Nothing more to do peacefully. It's a complete crash of society in the making now.
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58 sats \ 3 replies \ @Undisciplined 16 Dec 2023
The privilege of being able to export your inflation on display
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423 sats \ 2 replies \ @TomK OP 16 Dec 2023
Yes. But it's also proof of the absolute stupidity of EUSSR commie politics.
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0 sats \ 1 reply \ @Undisciplined 16 Dec 2023
Well, yeah. It's not easy to have lower growth than Trudeau's Canadia.
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423 sats \ 0 replies \ @TomK OP 16 Dec 2023
These Davosians are made of the same stuff: shit. With dog shit in their empty brains
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0 sats \ 2 replies \ @sudonaka 16 Dec 2023
Bullshit US numbers based on government cpi data. Real wages are down everywhere, not as bad in USA, but no chance it’s positive
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0 sats \ 1 reply \ @TomK OP 16 Dec 2023
True. But I was showing just the european mess. The stupid Euro-Commies really are full of sh.t
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5 sats \ 0 replies \ @sudonaka 16 Dec 2023
For sure. Only 1 way out without violence
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