79 sats \ 11 replies \ @didiplaywell 10 Jul \ on: Record-High Retail Deposits in Germany: result of a lack of financial education econ
What's even more obscene is that the govt was 100% successful at blaming the war in ukraine for all economical failures to all extents. I hate Putin, sure the war took its toll, but god sake what a sack of fiscal perverts
Well it's the Ukrainian invasion in combination with the fact that Germany got rid of its nuclear power plants. If Germany hadn't done that, they'd still have cheap power, and the war wouldn't be such a big deal.
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Both the energy crisis and the war itself don't help, that's for sure. But none of both are the cause of the crisis, things where going south way ahead. The war was the perfect excuse for blame-laundering.
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when the mainstream media coined the term putinflation, it was clear to me where the journey was heading. but 90% of Germans can't or won't understand that their green socialism has already failed, and it doesn't take much of a crisis to prove it. this country is in free fall
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I'm impressed by how much german media demonizes Milei. It's all barely starting so I can foresee regrets will start in 8 years if we are lucky
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Exactly. This are going to be very, very interesting years.
What a time to be alive!
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I feel you. Things will get bad for german standards, but that bar is so high I have friends that went to live there and even still have good prospects. And the economical expansion of the eastern side hasn't even started yet, there's not going to be enough people to cover all jobs. What distresses me about it is that such a lavish economy will ensure degenerate bureaucrats a life like nobility at people's expense without ever being held accountable for it, but germans called it upon themselves...
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