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58 sats \ 1 reply \ @Coinsreporter 25 Jul \ on: Eurozone Faces Deepening Recession as French Industry Suffers econ
The ghosts of stagnating activity and persistent inflation are still visible in France and in Germany too. Both of these economies are facing very much the same things! Currently France is hosting a very big event in Olympics which was touted to boost tourism and uplift the financial condition of France but there are no certainties on this happening, leading to concerns around it being a failure in the economic aspect of things.
just the model of the modern olympic games and its implicit economic demand activity, shows that all economic thinking, especially in the eurozone in this socialist grand experiment, is pure keynesianism. and we know from experience and from logical thinking that demand impulses produce nothing but inflation. keynesianism, and thus the entire european economic policy, is the infantile attempt at control, which has ended up favoring a political parasite caste at the expense of the middle class.
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