02/26/24

Permalink The Third Economic Destruction of Germany

Theodore Robert Beale | The combination of financially backing the EU, supporting NATO’s Russian sanctions, the primitive Green agenda, and the importation of millions of economically net-negative immigrants has finally overwhelmed what was once one of the world’s great economic engines | The biggest lie that the neoliberal economists ever told was that immigration is good for the economy. While immigration can be good for the economy, such as when you’re replacing Native American nomads, African slaves, and Irish indentured servants with hard-working German immigrants, the 20th century movement of peoples has proven, beyond any shadow of a doubt, that replacing Northern Europeans with any other population is very, very bad for the economy in every sense of the term, including by the most basic GDP-per-capita metric.  To say that “immigration is good for GDP” is a literal tautology, because GDP increases with the addition of every single economic actor. Of course, it does with every dollar of debt too, and yet no one is dumb enough – a few professional neo-Keynesians aside – to claim that “debt is good for the economy”. But in both cases, the historical data proves – does not suggest, proves – that mass immigration is reliably very, very bad for an industrial economy.

Electricity, Heating, Fuel Costs in Germany Jump 41% in 3 Years - Reports (Sputnik News)

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