11 sats \ 2 replies \ @TomK OP 28 Jun \ parent \ on: Eurozone Economic Sentiment Dips Unexpectedly in June econ
The EU is pumping state demand into the economies hand in hand with their socialist colleagues in the capitals. It's all fake economy
True. How long can they survive with these? I think they will keep faking up until the US elections and soon after they will blast off.
reply
in the eurozone, this is a structural problem. over the last 25 years, the entire economic system has been systematically converted to state interventionism and permanent subsidies and control in the core sectors of the economy. given the substance that the europeans possess, it can take a very long time for the field to recover.
reply