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Europe Doubles Down on Stagnation at Davosmises.org/mises-wire/europe-doubles-down-stagnation-davos
41 sats \ 5 comments \ @Undisciplined 15h econ
By Daniel Lacalle
When governments subsidize low productivity and penalize high productivity with enormous taxes, the economy suffers. This is why Europe is stagnating.
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36 sats \ 2 replies \ @Rothbardian_fanatic 3h
You could state it a different way: Europe’s economy is suffering from an excess of socialism and interventionism in the economic arena. They are also suffering from a lack of freedom in the marketplace. You know, the flip sides of the economic coin. The European motherWEFers overlords think that they know better on how to spend your money than you do. Pure hubris and the reason why they are stagnating at such a swift pace.
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20 sats \ 1 reply \ @Undisciplined OP 3h
I guess the "doubling down" point is that they are specifically doing more of what got them here, rather than try out new bad socialist ideas.
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32 sats \ 0 replies \ @Rothbardian_fanatic 3h
I know. I think the Europeans, or their leaders, anyway, are full of lots of bad ideas and they always seem to circle around totalitarianism, communism and interventionism. The suckers there just can’t get an even break. I think that they are coming out of their mesmerized state, recently, though.
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42 sats \ 1 reply \ @Msd0457890 14h
Europe's economy is at a turning point, where it is seeking to stabilize prices, ensure green and vigorous growth, but due to its bureaucratic economy and the fall of the euro, it does not look very encouraging.
https://www.ey.com/es_es/espana-2025/entorno-economico-empresarial/la-economia-del-area-del-euro-en-2025
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0 sats \ 0 replies \ @Undisciplined OP 3h
No, it doesn't. They're poised for continued capital flight to America and elsewhere.
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