33 sats \ 3 replies \ @faithandcredit 5 Sep 2023 \ on: German Debt Spiraling Out Of Control Due To Recession bitcoin
Who is in charge of this managed decline? What is the end game? What is their goal?
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1 sat \ 2 replies \ @TomK OP 5 Sep 2023
Think of it as Davos' icebreaker and forefront. The climate narrative is moving the capital but now they realize that it's not working and start doubling down. End game? A deep economic depression with consequences for the Eurosystem.
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10 sats \ 1 reply \ @carlosfandango 5 Sep 2023
How much importance would you give the German nuclear ‘switch off’ to this?
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0 sats \ 0 replies \ @TomK OP 5 Sep 2023
It's the nucleus to understand the whole crisis: You can't run Your own currency successfully without an accepted collateral. And this needs to be energy or something scarce. The Europeans only have their moral - and it won't be accepted in future global markets.
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