The Growth Canard in Europe. “The problem with Greece, Spain, Italy, and so forth is not that they lack fiscal stimulus (more government spending), but that stealing from the public till is their principal occupation.” “The southern Europeans want a nanny state, but they don’t want to pay taxes. They want Germany to pay their taxes for them.” Just call them the blue men of Europe.
INFORMAL (UNDERGROUND) ECONOMY AS PERCENTAGE OF GDP
This post was last modified on January 26, 2021
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And the velocity of the EU swirling down the drain increases on a daily basis.
It appears Germany is taking Europe over again, this time without firing a shot.
I wonder what will happen when they take over France, AGAIN!
I wonder what will happen when they take over France, AGAIN!
This time, we let them keep it.
A joke has a German getting off the plane in Athens; when the immigration officer asks “Occupation?,” he answers, “Nein, vacation.”
Good one! Although I guess you could tell that one about nearly anyplace in Europe!
Hilarious, but I had to explain it to my GERMAN girlfriend. But after that she loved it.