Germany is still the largest economy in the eurozone. But like many other NATO economies, Germany has never reached the 2% financing target for the NATO budget in relation to its gross domestic product most of the time. Now there are two ways to reach this target: firstly, Germany shrinks economically until the absolute sum in relation to the then shrunken GDP suddenly reaches the 2% mark, and Germany is well on the way there. Or secondly, and this is the variant required by the fiat credit money system: you create new debt in the world and spend it like drunken sailors. And that is what Chancellor Olaf Scholz is now proposing: creating new debt to increase the war reserve. For those who still haven't understood, the fiat money system is latently aggressive. In its final phases, when it becomes more difficult to fill saturated credit markets with new debt, the fiat system tends towards kinetic conflicts. In this respect, the Ukraine war is an accelerator of this principle that has been observed time and again in history. The massive debt orgy, which can only be resolved through massive inflation or national bankruptcy, should be a serious cause for concern!
pull down to refresh
0 sats \ 0 replies \ @riberet19 22 Mar 2024
Every fiat is destined to die, as you have well described, thank you for sharing.
reply