refinancing long term the 7 trillion debt => better bond market.
Waste & Fraud is gone, no deficit => lower interest, long term more interesting, than short term debt.
Lower mortgage payments, is more disposable income = more consumption
more consumption = more turnover + jobs.
drill baby drill => inflation down, cheaper energy, more funds available to invest. = more job opportunities. = more money => ad infinitum.
Contrast that with the EU. No energy, + energy trade system = price increasing. Meaning de-industrialization. EU = No resources of significance = dependency on trade to keep up the civilization level.
With industrialization, the profits/savings/ underpinning the economy, now turn to deficit and debt financing of the economy. This means more competition for the available jobs, with a nice positive discrimination based on woke ideology.
Mass-immigration creates net-congestion, pushes prices higher, meaning transfer of wealth from the individual tot the happy few via the State. Everything is taxed, and taxes need to be higher. Product availability will need to be restricted = austerity.
This is already in progress.
Then there is a huge problem in the financial sector:
EU = 1200 billion in debt, and slated to add another 800 billion. Technically these are tranfer-debts, and, according to Union rules: odious.
ECB has a 2 trillion sword of Damocles above its head.
Target-2: disparities. Will never be resolved. Only: Germany and Netherlands have a positive position. The rest of the EU is leaching on these countries.
EMS: extra judicial / extra territorial stability system, which underpins the value of the EURO: this pact is broken since its inception, and is slated to be violated big time.
The only option is to ravage the holdings of the original European peoples ..... So, by means of the several tax offices, they are creating lists of these holdings, land, buildings, cars, jewelry, coins, gold, silver, Crypto, anything of value.
Through the EU-process, anti-liberty laws are being implemented, creating a total control full spectrum domination EU.
Good points raised in this thread.
If the interest goes down by:
Contrast that with the EU. No energy, + energy trade system = price increasing. Meaning de-industrialization. EU = No resources of significance = dependency on trade to keep up the civilization level.
With industrialization, the profits/savings/ underpinning the economy, now turn to deficit and debt financing of the economy. This means more competition for the available jobs, with a nice positive discrimination based on woke ideology.
Mass-immigration creates net-congestion, pushes prices higher, meaning transfer of wealth from the individual tot the happy few via the State. Everything is taxed, and taxes need to be higher. Product availability will need to be restricted = austerity.
This is already in progress.
Then there is a huge problem in the financial sector: