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Germany's deep recession and ongoing political and fiscal crisis are no accidents or short-lived phenomena. German society finds itself caught between a demographic squeeze, a growing bureaucracy and welfare state, as well as dwindling productive forces and poverty migration, which is putting the country's social forces and economic potential to the test. The EU sanctions regime against Russia is putting the finishing touches to industry, which has already suffered from years of attacks by eco-socialists.
Over the years, it was the green-socialist party cartel that succeeded in transforming large parts of the crucial sectors of the German economy like the energy sector into a command economy. German politics in recent years, and it doesn't matter which party we are talking about here, is following the playbook of the past when it comes to shifting power to the start-up sector. This policy is called corporatism.
But resorting to the poisonous cuisine of the past has its price and the Germans should get used to massive losses in prosperity as the private sector which is responsible for wealth creation gets crowded out by the ever growing parasitic public sector with its bureaucracy and overregulation - it's the fundament of stare power!
A dwindling number of young people want to choose the path to self-employment, while the welfare state eats up the economic potential of tomorrow. In the future, 1.3 working people will have to finance one benefit recipient. This calculation cannot work out, even if you are completely illiterate in mathematics. Either taxes must continue to rise or the problem will be secretly inflated away, risking social tensions in the process. And German politicians are constantly adding new social costs on top of the deficit budget.
The metastasizing welfare state has also taken hold of the business community. With a flood of new subsidies and eco-transfers of state aid for eco-investments, the state is trying to stifle the voices of the free economy. The state is forcing more and more people into its dependency, and the political caste is generating its influence from this transfer of power. Just to be clear: An entrepreneur who accepts a subsidy is nothing more than a social welfare recipient who is managed under a different brand than traditional recipients. After years of green socialist transformation, the German economy must have deviated so far from realistic market results that it seems almost impossible to return to a healthy growth path in the short term. This requires a radical reversal of economic policy towards free capitalism, something that perhaps no longer seems possible throughout Europe, with the exception of Switzerland?!
Europe is reassuring itself of its top political roots: Karl Marx, Friedrich Engels, Rosa Luxemburg, those dangerous salon communists - all Germans! Obviously, we are ready to continue this great tradition. This ship is sinking!
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I live in Spain, and I think things are worst yet here. But I think in the past, being near strong countries like France and Germany was pulling us forward. So if Germany is in such a bad way, I think I know what will happen here...
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I know what You mean. I'm here in the south of Spain
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Does France 🇫🇷 still have a 35 hour work week?
One reason France has not collapsed yet is government employees are hired based on merit or an entrance exam. The public sector is much more competent than USA
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I guess, yes, 35h
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You are telling the truth but the leaders in Germany won't accept it. By not accepting, they are making Russia even stronger because it knows the reality.
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10 sats \ 1 reply \ @TomK OP 17 Mar
We need to fight for other perspectives and open debate. People are dying (again) in a war that serves other interests (like always) than their owns
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That's what these cruel politicians need to understand. But they don't give a damn fuck to people's lives. If someone asks them, they would be full of compassion about the issue. However the conflicts resulting in war are more than complicated to comprehend.
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And Russian economy is booming. Europe is committing suicide.
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Indeed. "Russian sanctions" are just the USA proposed way to crush Europe...
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Or the good ol' british way??
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Well, I fall into the trap of thinking that it's "this country against that country".
This is probably the power elite trying to steal from all of us, by moving economical activity from one place to another one...
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Right. These hidden power structured clearly cutting countries into more than two pieces.
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That real wage growth figure is really striking. Germany and Italy aren't just in acute recessions, those are deep depressionary wage losses.
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Yep. It's accelerating now
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