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Comments by "" (@RedXlV) on "Merz’s Debt-Fuelled Plan to Rearm Germany Explained" video.
@Ghreinos Having the debt break in the first place was a catastrophically dumb idea.
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Yes, imagine that. Austerity, the policy that has never worked in history, didn't work again. The craziest part being that Merkel managed to literally enshrine austerity into German constitution.
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Going back to Russian gas would be the worst possible choice for Germany.
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@Evi1M4chine Nah, the second worst is coal. As for nuclear, it was a huge blunder to shut down all of the nuclear plants simply because all of the massive start-up costs has already been paid decades ago. Re-starting those decommissioned nuclear plants is obviously not viable, and building new ones from scratch would be insanely expensive. But the ones that were already there, Germany should've kept them running for their full lifespan instead of panicking over a disaster that happened in Japan which was physically impossible to happen in Germany.
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The "Istanbul negotiations" involved utterly insane demands by Russia that no Ukrainian government could ever have accepted, because doing so would've led to them being overthrown by the Ukrainian people.
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The debt brake "works as intended" to enshrine austerity in the German constitution. The problem is that austerity is a terrible policy that always fails.
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It's not actually "unmanageable" at all in the United States. Buffoons and grifters like Elon Musk like to rant and rave about the debt, but the the US actually can sustain its current levels of debt indefinitely.
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@ You call it "borrowing time", but the that's not actually the case when the US can "borrow" an infinite amount of time if it so chooses. What happened to Greece literally can't happen here. It's quite literally impossible for the United States to default on its debts.
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