What is happening in France will happen throughout Western and Southern Europe
What you see happening in France is essentially what will happen throughout the whole of Western and Southern Europe at some point
Europe regulated away all new and existing businesses so they with the money and the talent moved elsewhere (like US and Asia)
When money flees a continent, the businesses, then the people and the government run out of money
Meanwhile cost of living keeps growing → people get poorer and → people need more government welfare → meaning the government has to borrow more money to pay for that → borrowing for worse and worse rates → which pushes down the Euro → meaning less spending power for its people → making Europeans even poorer
Obviously it's deeper than this and related to the unsustainable pension system and import of masses of low quality immigrants too
The core is the same, if you regulate away business, there won't be new businesses, the good businesses will leave, your talent leaves and you soon realize there's no new jobs created, no tax income and with that you can't pay those pensions, nor unemployment benefits or welfare
Done
Very very related as the money is drying up in Europe
Originally posted on X · 💬 90 replies — add yours
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