Ghost of Truth on Nostr: In the #eurozone, the old keynesian loser playbook is playing out: the #ECB makes ...
In the #eurozone, the old keynesian loser playbook is playing out: the #ECB makes credit cheap (today by 25 bps), the states pump fresh credit into the defense sector and their broken infrastructure without rhyme or reason. It turns out as usual: higher debt mountains no productivity growth. And the learning curve is a straight one with no slope.
Published at
2025-06-05 12:34:11 UTCEvent JSON
{
"id": "2051e8a7f3e69cec07bb48519d7392e2408ba3f603192bc75e68e14b3c800287",
"pubkey": "863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183",
"created_at": 1749126851,
"kind": 1,
"tags": [
[
"t",
"eurozone"
],
[
"t",
"ECB"
],
[
"t",
"ecb"
]
],
"content": "In the #eurozone, the old keynesian loser playbook is playing out: the #ECB makes credit cheap (today by 25 bps), the states pump fresh credit into the defense sector and their broken infrastructure without rhyme or reason. It turns out as usual: higher debt mountains no productivity growth. And the learning curve is a straight one with no slope.",
"sig": "39a8afe04b9bb97e82f3037bbbcd49cf30c2aa6b5bf58a2ef9b5ae92753608ff522560bc58e7ea12c0266d09554443090321a0ab30112360756b841d6462619a"
}