Comments by "Jake Johnson" (@ElectronFieldPulse) on "The German Economic Collapse Is Worse Than We Think | @visualeconomiken" video.

Austerity isn’t the problem per se. In all likelihood, deficit spending would have propped up welfare. It is only positive if it is invested in infrastructure with a high ROI. The problem with Europe is they are addicted to welfare. That welfare will be going away or severely reduced soon whether Europeans want to or not
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@ - It kind of amazes me that Germans keep going with the myth that welfare spending has a high ROI. That is the exact opposite of the truth. Welfare spending has an incredibly bad ROI. Just because it is spent domestically doesn’t mean it is a good thing. It just means that there is really only one worse way to spend it, and that is by shipping it directly out of the country. Being the second worst option doesn’t mean it’s a good option. You need investments with returns, not investments propping up unproductive members of society. That is the route to Argentina’s debacle. Truly, it won’t matter if you borrow for welfare anyways, because your demographics just cannot support your welfare state into the future. You guys haven’t had enough kids, the collapse or severe restructuring of your welfare state is inevitable. It was designed for a booming population and you don’t have that anymore. As Macron said recently, the European model for welfare is on its death bed. I think Europeans in general bristle at this idea because it proves their ideology was in fact inferior to a more capitalist oriented ideology, and Europeans have a very very hard time admitting when they aren’t good at something.
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@ - Man, you guys have some weird ideological brainwashing going on. I always laugh when you guys parrot the exact same line. Here is a newsflash for you, the “short term” thinking is most definitely the welfare state. Thinking about the long term health of the economy requires logic and not getting in your feels about helping poor people. Notice how the USA is pulling away from Europe in income and wealth. The gap is getting quite pronounced, and no amount of redistribution hides your relative poverty. I know it is a matter of jingoism for you guys, you can’t accept that America is doing much better than you, but it is true all the same. I noticed you didn’t actually show any logic in your reply. Just some circular reasoning that somehow welfare spending is needed for a strong economy. It isn’t, and in fact your red tape and hefty social security system is causing you guys to fall behind the world. No amount of wishful thinking and insisting that welfare spending is paramount will make it true. It has a very bad ROI, and it is incredibly short sighted. Just like communists thought their system was more fair and humane, but in actuality it was a very short sighted system. All that data is on my side. You guys are losing more and more of your position in the world economy, and you will have to deal with your unsustainable welfare whether you like it or not. Things like universal healthcare are not automatically good, just look at the collapsing NHS. It takes hours to get an ambulance or days to see someone in the A and E, problems we don’t see here at all. I thought Europeans were supposed to be intelligent? Yet you didn’t address the demographic collapse, your falling position in the world economy, and all the other points I already made. You are coping hard bro, you should probably start applying some logic if you want to do better.
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