How The EU Creates The Welfare Entrepreneur
Noted in advance: An entrepreneur who accepts state subsidies is nothing more than a welfare recipient!
When politicians try to turn ideological projects into reality, the first thing they need is massive manipulation of the value of money because the market, the natural state of human interaction, repels political ideologies like a healthy immune system repels a virus.
To get to the point: without the money printer of the European Central Bank, the Davos climate program of the Green Transformation, this serious attack on our liberties and the free market economy, would be unthinkable. Low interest rates to refinance this nonsense are of course included.
Hence the trouble with the US Federal Reserve, which stubbornly insists on a higher interest rate level and is causing the European orgy of money printing and manipulation to falter due to the withdrawal of capital from the eurozone to the less over-regulated area where there is still something to be earned, the USA. What does not play a role in the calculations of the technocrats and green welfare state engineers is, of course, the systematic devaluation of money and the destruction of the purchasing power of citizens.
Of course, the socialists' five-year plan also provides for this eventuality: there are always subsidies for families, support for the elderly, travel allowances and housing benefit contributions. The omniscient technocrats' toolbox is never short of pseudo-solutions to the problems they have created.
But how exactly does the EU's socialist transformation and economic destruction machine work?
Climate apocalypse, overregulation and permanent interventionism - these are the core characteristics of the European Union's policy. Its attempt to cover up its own energy poverty with Net Zero CO2 alarmism and to force the world into its own production scheme has failed, as today's sad verbal attempts to put President Donald Trump in his place before his re-election show.
The EU's Green New Deal, core part of the destructional agenda, is nothing more than the systematic undermining of the free market economy by the socialists in Brussels. In doing so, they are breeding their own core constituency in the ranks of entrepreneurs by a network of subsidies that create a never seen level of dependence.
A favorable side effect of this gigantic subsidy machine is that it buys silence from the opinion makers, especially when the damage of this policy becomes apparent, as the crash of the German economy these days shows. There is no rebellion in the business community, intellectuals keep quiet and the political apparatus dances on the ashes of the declining economy.
Of course the climate apocalypse is nonsense. And even in this scheme of thought, it would be useless to regulate an isolated economy like the German economy into the Stone Age.
Now that the shadow is falling over the eurozone, let's take a quick look at the numbers, at the monstrous machinations of the technocrats in Brussels who are cutting a swath of economic destruction across the continent. We can only hope that the Americans manage to keep interest rates up to put an end to this creepy green socialist experiment!
Key financial components include:
European Green Deal:
InvestEU Programme: Mobilizing up to €279 billion for sustainable investments between 2021 and 2027.
NextGenerationEU:
€750 billion total, with 30% (€225 billion) allocated for climate and environmental measures.
Multiannual Financial Framework (MFF) 2021-2027:
€1.074 trillion total budget, with at least 30% (€322 billion) dedicated to climate action.
#EU #eurozone #usa #ezb #Green New Deal #EU Commission #socialism #entrepreneurship
