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by Workaccount2
1382 days ago
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Are people actually going to freeze? My understanding so far is that industry will freeze (as needed) so that all the reserves can be used for people. I get a feeling that this crisis is becoming more media-gorging-on-crisis-clicks than it is an objective analysis. |
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When industry dies the social safety net dies, it will happen when the Euro looses its value, in which case money printing will no longer be possible without hyperinflation. And a devalued Euro is only useful if there is still an industry left to export things.
Once that happens people will actually freeze.