reply on: Global Monetary Shift: Rate Cuts and Increased Liquidity \ stacker news ~econ

24 sats \ 6 replies \ @TomK OP 13 Jul \ parent \ on: Global Monetary Shift: Rate Cuts and Increased Liquidity econ

I have also written several times about how the German and French military industrial complex are working together to push their American competitors out of the market. they are using the Ukraine panic and the Putin panic to move public funds. a pretty pathetic spectacle when you consider that all these states are overly indebted. and war economy is not a solution to the eurozone's fundamental growth problem.

58 sats \ 1 reply \ @Signal312 13 Jul

Wow, really? I must have missed those posts, about the German/French military industrial complex. Can you give a link?

47 sats \ 0 replies \ @TomK OP 13 Jul

I found these here

#515441

#552784

#516663

45 sats \ 3 replies \ @Coinsreporter 13 Jul

France and Germany were relatively ill prepared for the war economy but they headed ahead with a false hope.

24 sats \ 2 replies \ @TomK OP 13 Jul

I'm not sure whether you are informed about the state of the German Bundeswehr. this force has been underfunded for decades, is no longer technically up to date and is completely incapable of going into action anywhere, let alone operating in a major war zone.

45 sats \ 1 reply \ @Coinsreporter 13 Jul

I'm loosely aware about this but I'm talking about Germany and France's involvement in trading war weapons and trying to compete with US by boosting its arms industry so it can shift to "war economy mode" in response to Russia’s invasion of Ukraine.

11 sats \ 0 replies \ @TomK OP 13 Jul

oh. yes, that's absolutely right