A short sequel of the original post:
Why the new race to arms spending in Europe is a proved perverted Keynes trick?
Simple. Because all 27 countries in the European union are doing it. So, we will have 27 000 Generals,each country 1.000 paid- instead of a central unified command, 270. 000 corporals , all paid monthly, 27 or maybe some less different arms systems questionably fully inter operative, 27 countries with 27 different spare parts systems, 27 disunited fronts, 27 commands…
So, it is a waste of money paid by new debt. But it is a source of millions of jobs. Zhe workers in this military business, the think thanks, the all spin off doctors…. make a lot. And they will vote in each elections for more arms and their pensions to preserve this bullshit jobs and a future war is in the cards.
We need not worry about the Climate Crash consequences anymore.
Ok, EU is unable to make a central operative command with rational arms systems and army .The result is perverted Keynes arms race, where jobs count more than the efficiency of such program. But 27.000 Generals make a lot of purchase power,and a lot of fully occupied tourist destinations.
This is a fact. It sounds efficient like the Russian army and so, the next war, some experts say the real nuclear war is , as the things go, somewhere around 2050 ( if we miss this 2022 opportunity), the next war will be a long one, because the two fronts are so inefficient for a quick killing.
As for the economic crash, inflation and the gold standard of limited supply,the consequent weaponized economy of ransom warfare and the new dark ages of idle an dangerous populace, the only soft landing would be a huge deficit spending to mitigate the supply price hike. That is real Keynes.
But it has to be done by the ECB outright financing. If EU keeps on issuing bonds in a free fall situation, the bonds will be costly and worthless. Or, the EU enemies would buy them so… think, who will keep the EU underpants jewels (bonds) in his fist to squeeze the EU for good..
Folks, as this blog says from day one, only the Debt Free MONEY a day, keeps the Doctor away. Direct deficit financing of the supply price hike and the direct money in the people pockets for decent survival. Some countries did this in the pandemic times and, voila, even the GDP rose because of this practice- see Slovenia, for example. They have to do it more and better.
Ditch the Austerity bollocks , if not, you are finished.
The calculations of how much deficit spending are not difficult. Use your charlatan econometrics economists, to calculate it. Only in this ways you , the EU, can stay alive on the market as it evolves from this premises which we witness. The level playing field, stuck it up your. It is bollocks and the war ransom economy has proved it, WD told you..
If not , ditch your Oligarchy.
Ditch the fake Keynes arms race, because you will enter the next war sooner with too many Generals.
Witchdoctor is not an idiot pacifist. So, a spending in Self Defense of the people in Europe is not a issue. The issue is , well, you have read it.
Witchdoctor