pull down to refresh

83 sats \ 4 replies \ @TomK OP 29 Aug \ parent \ on: Germany's Economic Slowdown: Inflation Hits Lowest Point Since 2021 econ
Europe is degenerating into a real shithole before our eyes in the face of the invasion and the economic crisis caused by socialist madness. where I am here, that is southern Spain in Andalusia, the world is still halfway in order. of course this does not apply to the Spaniards, who have to fight for their existence in the face of the socialists here in Spain, but at least the cultural unity and the family structure are still right in most cases.
write
preview
85 sats \ 2 replies \ @028559d218 29 Aug
Socialism robs a country of its economic powerhouse, economic motivations, and almost all innovation and entrepreneurship. It's just the politically connected/rulers getting rich at the expense of everyone else. Followed of course by inflation, debt, poverty (see Venezuela unfortunately) and empty promises. It's the confiscation of wealth and hope by the state - just to prop itself up through schemes and confiscatory policies that are unsustainable and unjust. Why Europe never figured this out is beyond me.
reply
47 sats \ 1 reply \ @jp305 29 Aug
Socialism is a mind virus. It is tempting to vote for them when you feel left out by society. What I don't understand though, is why boomers, who have more to lose, are leaning left. (at least in my country)
reply
0 sats \ 0 replies \ @TomK OP 29 Aug
I always describe this effect as bringing in a free moral dividend. Communism is the morality and resentment of the stupid, and the intellectually undemanding. It has nothing to do with money, it's a cheap pandering to the masses
reply
0 sats \ 0 replies \ @Cje95 29 Aug
I'm just gunna say it.... ya know what helped out the world when we had the Great Depression.... a nice global war to get the economies really churning stuff out again
reply