quite honestly: i have reached a point, with regard to the economy especially here in europe, that only lives on cheap credit, where interest rates should rise even further. we have to flush all this socialist garbage out of the markets.
I think that's true for America, as well. Over here, the mechanism for doing so is people voting with their feet in our decentralized system.
What's the most likely mechanism for cleaning things up in Europe?
From the outside, it just seems like Europeans are going to vote in populist-right parties that are also socialists.
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yes, here in europe collectivism and trust in the state is much more pronounced than in america. i can't imagine that there are even the slightest bit better political solutions here to get out of the energy crisis and the weak growth under over-bureaucratization. the europeans have completely submitted to the narrative of the climate apocalypse from Davos. and that's where it stays for now, as long as we can still consume old capital
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