The European Economy is about to collapse

Thanks to the west pushing for war in Ukraine the Western European economy is teetering on the edge as the region runs out of energy. No Natural Gas, No oil, No Electricity from Nuclear and definitely not not enough energy from solar and wind. The only question is how far the civil unrest will go before the governments fall.

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LegendofPeza · 61-69, M

Europe has just earmarked more than $350 billion to subsidize consumers, industry and utility companies. There will be no economic collapse.

'No Electricity from Nuclear' ...... more bullshit from you ;

"As of August 2022 there is a total of 171 nuclear power plant units with an installed electric net capacity of 154,136 MWe in operation in Europe"

https://www.euronuclear.org/glossary/nuclear-power-plants-in-europe/#:~:text=The%20nuclear%20building%20...%20in,%2C%20then%20Belgium%20(50.8%25).

hippyjoe1955 · 70-79, M

@LegendofPeza Any time the government has to borrow money it doesn't have to subsidize industry that can no longer make a profit because of government policy that country is on the verge of economic collapse. You and economics are complete strangers.

LegendofPeza · 61-69, M

@hippyjoe1955 Everything you post is wrong.

Don't you have better things you could be doing rather than making an ass of yourself on here everyday ?

hippyjoe1955 · 70-79, M

@LegendofPeza prove it. Business is in business to make money and the minute it stops making money and needs government support is when economic collapse has begun. You are a socialist and thus are clueless about economics. As Hayek stated "If a socialist understood economics he would not be a socialist".

LegendofPeza · 61-69, M

@hippyjoe1955 You mean the type of economic collapse that was only averted by massive worldwide government intervention after the financial crisis ?

I see you never addressed my response to your ridiculous nuclear energy claims either. Quelle surprise !

hippyjoe1955 · 70-79, M

@LegendofPeza You are pushing for nazi/communist economics and we all know how that turned out. Kind of sad how you never learn from history.

LegendofPeza · 61-69, M

@hippyjoe1955 And you always return to the same old tired argument , which has absolutely no relevance to what we have been discussing. It's called distraction , and it's just about the only thing that you are actually well versed in.

hippyjoe1955 · 70-79, M

@LegendofPeza So how are the buggywhip manufacturers doing these days?