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German Parliament Passes Historic Debt Reform, Paving Way for €500 Billion Military, Infrastructure Investment (www.btimesonline.com)

submitted 2 months ago* (last edited 2 months ago) by pinguinu@lemmygrad.ml to c/worldnews@lemmygrad.ml

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Shit is getting bleak

e: bleak-er I should say

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[–] davel@lemmygrad.ml 16 points 2 months ago (1 children)

Military Keynesianism loophole.

Negotiations with the Greens secured the final votes needed to push the legislation through the outgoing parliament, allocating €100 billion of the infrastructure fund specifically for climate and economic transformation efforts.

[–] ImmortanStalin@lemmygrad.ml 18 points 2 months ago (1 children)

Meanwhile increased military spending will quickly offset anything that 100 billion can do. Tanks, planes, armored vehicles, etc are very fuel hungry.

[–] queermunist@lemmy.ml 16 points 2 months ago (1 children)

Also, completely unproductive. It's basically paying people to dig holes and fill them in, but with an added bonus of being terrible for the environment and paving the path to war.

[–] ImmortanStalin@lemmygrad.ml 7 points 2 months ago

Setting up to burn that capital glut with nuclear fire.