Is Europe waging war against its citizens ?

4 years after the Great Recession of 2007-2009, the United States had recovered 4 million jobs.
4 years after the pandemic, they now recover 6 million jobs, thanks to the massive fiscal stimuli implemented by the Biden administration.

Europe, for its part, as usual, stagnates, vegetates.

Wait: unless it tries to follow the United States, which could only overcome the Great Depression thanks to their war machine during their participation in the Second World War? Indeed, Europe is inexorably moving towards a military Keynesianism, with both national and supranational leaders suddenly showing a fierceness not seen in them before!
These bursts of testosterone, visible in both European men and women in power, even lead them to trample upon the sacred Stability Pact if it means dedicating money to arm themselves.

However, they are completely wrong because this expansionism has limits, and it is the people who will only have austerity. Indeed, Europeans are now being constantly reminded of the inevitability of sacrifices and “the end of carefree living“…

Greek government bonds, which were not included in the European Central Bank’s bond-buying programs during the sovereign debt crisis because they were considered too risky, were nevertheless included later during the pandemic. The Greek population had been starved a few years earlier by the same leaders and institutions that were forced to guarantee their debts at the European level a few years later. A similar scenario is unfolding today because we are doctrinally explained that austerity is inevitable, except for military spending, without explaining to us this mysterious dichotomy between the needs of society and the enthusiasm for a war that nobody wants.

Unless austerity is, in fact, this allegedly rational, pseudo-scientific iron grip that naturally imposes itself on certain sectors of the economy, but not on others. Would the laws of economics and the invisible hand therefore require discipline for social spending but not for military spending? European orthodoxy thus reduces Keynesianism to a sort of collectivism, an intellectual flaw, as soon as it benefits the majority.

It is as if the powers that be in Europe had adopted and strictly followed Aldous Huxley’s retort that “62,400 repetitions make one truth,” so true is it that austerity devastates schools, hospitals, research, the environment, civil society forced to cope with budgetary constraints… but not war. No rule applies, the Pact must be suspended in limbo, as soon as it comes to spending on our own armament and that of our allies.

“What fools,” Huxley concluded at the end of his sentence.
———————————————————————————————————-

I am pleased to announce that I am running for the position of President of the Swiss National Bank.

Together, let’s help the system progress towards more humanism.