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radioli t1_ixgeros wrote

Reply to comment by RanDumbGuy80 in Bruno Le Maire: Europe needs ‘unwavering unity’ against China, US in space by Soupjoe5

One major by-product would be a stretching industry chain that brings millions of high-paid professional jobs to a continent of billion. This is at least much better than the currently unproductive financial games.

The ultimate cure for modern feudalism is another industrial revolution with exponential growth.

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RanDumbGuy80 t1_ixhdr13 wrote

I could agree with your statement, but I'd stress that the flip side of that coin is the debt burden created by the state.

There is no free lunch here.

You and I won't be alive when that debt must be paid back. Our children and grandchildren will have subsidized our high-paying jobs with their higher taxes.

We will have stolen that choice from them, made it for them, and they will have to live with the consequences of our actions.

Maybe we'll have made the right call. Maybe we'll have made their lives better.

Maybe we'll have just made their lives more complicated. More dangerous.

Either way, we'll have taken away their choice of how much of their paycheck is devoted to the state's debt.

That's how government "races" work. We spend money we don't have, and ask future generations to pay for it.

I'd ask you, how do you like the choices your grandparents made for you? How do you like how much of your paycheck feeds your country's debts, or your country's military industrial complex?

I think I'd rather have had a say in those decisions my grandparents and parents made on my behalf.

But you are right - it has the potential to create a huge value chain with high-paying jobs. If they remain in the West....

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