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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding
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From: elmatador9/23/2025 4:12:00 AM
   of 13769
 
Argentina shows Europe the problem of Welfarism. You can't solve economic the problems because the population got hooked on welfare and will vote out any government that tries to remove it.

Argentina is facing its 4th bankruptcy in 25 years because investors started pulling capital out of the country despite President Milei doing everything right, voters got angry with the governments cuts on welfare and his party losing a local election just weeks ago.

EUROPE IS ARGENTINA TOMORROW
In a state-level party conference meeting on Saturday, (Germany's Prime Minister) Mr. Merz said: “The welfare state as we have it today can no longer be financed with what we can economically afford.”

In France Mr. Bayrou proposed a 2026 budget that would achieve over 40 billion euros ($47 billion) in savings largely at the expense of the working and middle classes.
All world over is the same thing: The working and middle classes do not accept cuts on welfare they want the wealthy to be taxed.

In the UK, in 2022/23 spent approximately 10.2% of its GDP on social security. The UK government runs a hefty deficit, meaning it has to borrow from financial markets every month to fund spending.
The welfare was made for a young and growing Europe. With an old and low grow growth economy, the Europeans can no longer afford the welfare state.
The welfare will bankrupt the countries and they will go down holding their welfare in their clasped hands.



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