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Aaron Okeanos
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Comments by "Aaron Okeanos" (@AaronOkeanos) on "Why Germany’s Coalition Can’t Pass its Budget" video.
Imagine such a constitutal law in America or the UK. They would practically never get a budget ... for decades.
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In a way this is also somewhat reassuring for the Euro that the 4th largest economy is guarantee for the Euro stability. And it has compared to a couple other currencies including the Pound which lost 45% (to the dollar) since the Euro was introduced.
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Interesting argumentation and not even cheating: You declare climate change an emergency (it is even if it feels like a car crash in slow motion) and get the funding to help. As long as the funds ends up where they needed but Germans happens to be meticulous accountants as well compared to the US which cannot account for 60% of the 875,000 x 1,000,000 $ (yes this many zeros) defense budget each year.
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@Sewblon The world. Not EU.
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@chinguunerdenebadrakh7022 America has insane budget procedures and they are not designed to limit debt but to control spending. If the congress so wants they can pass any budget they like and Trump did in his term and made 7.8 trillion of the 43 today. This is what this law in Germany prevents. Unresponsible debt making. But frankly no country on this planet besides the US has this option to suspend government when the budget is not passed. This blackmailing feature is insane. All other countries guarantee the government continues even if emergency funding is necessary. This needs to be fixed desperatly.
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@LordKalerran Social Security is no debt. In fact it is the only spending not needing debt because it is constantly funded by the people who current pay in. Germany has public pension funds. Free school system including universities. All payed by a model similar to Social Security. The current generation pays for the previous one. Printing money? This fairy tale they keep telling you to convince you spending does not come from taxes so they can be cut anyway? Keep thinking that.
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@rchatte100 No it hasn't I checked. Against the dollar the euro has the same value as 1999 on introduction even there were times it was better. The Pound lost 45% since then. If you need to do any comparison you have to do them to the outside of Europe/EU and the Dollar is still most used currency. An interesting side-topic. Someone robbed the UK economy by 45%. Where is the money? Currency speculation with the pound kept syphoning value out of the UK economy. The biggest steal in history and barly talked about.
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@advancedomega Germany now pushes 20 years already for Green Energy and has one of the largest green energy productions in Europe if not the planet. Nuclear is expensive more so than solar and wind already. And Nuclear is terrible at non-continuous power supply which is needed when you need to offset solar and wind. And the nuclear waste topic is not statisfactory answered (Finnland maybe, Next Gen plants are even more expensive) so no. It made economically and ecologically no sense to keep them running.
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@advancedomega Please read the following statement together with me: "Regenerative energy is currently the cheapest form of energy" cheaper than Nuclear even. "Cheaper" measured as in cost per kWh including investment. So and now please make sense about your statement. And keep in mind this is not only true in Germany, across Europe and even in the US. It is economical and economical better you just have to do it.
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Who brought the trial to the Bundesverfassungsgericht (german constitutional court)? The oil lobby? Edit: Come to think of that. I bet the FDP get money from them too.
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I'm actually a little surprised at the FDP to not be forthcoming they are the neo-liberals the party of corporations, small sized bussiness, the self-employed and superwealthy (like 90% of the Democrats and 60% of the GOP in the US). They should know you can only make more wealth with investment ... including debt in appropriate measures.
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@rogink Yes since the Brexit referendum 2016 the course pretty much tanked. And it was at 2.02 in 2007 before the US crash and before the Tories took over.
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Dark = CDU/CSU, Blue = AfD, Totally Right all the Independents. Members without party or "direct seats" these are candidates from parties below the 5% hurdle. Since they were directly elected they get the seat but not the party to percentage. It is Germany's mixed PR model between local and percentual representation.
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@NimbusDE I'm so sorry. I really thought it was like that. But I have to admit the numbers didn't felt right there are not so many direct mandates without party affiliation. I'm so sorry it was not intentional just an honest misinterpretation (because independents indeed usually sit outer right).
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