F Dominicus Blog

A politically incorrect blog about matters of money, government, bureaucracy, freedom and sometimes something else.

Germany will go down the drain

It's inevitable. To many here do not understand the simplest economic rule any more.

On of the new "pets" (in fact dragons in disguise) is called base income payment for every german. No question about work no question who has to pay. Every German should get a certain payment (let's say 800 €) without any further request from whom?

Guess once

Guess twice

From the state. Now what a "nice" idea. One stupid question who pays?

I guess the answer is clear:the COFH (Capitalist Of Hell) .

So let us do a rough calculation 80 million germans with 800 € monthly payments make for 80 000 000 * 800 * 12 = 768 000 000 000. Wow that's easy just 758 billions. Just a small reminder, the current budget is around 300 billions. Ah yes I'm sure that will work well.

We can calculate another way Germany average retirement payments are 700 € /month. and this costs the state 80 billions. So let us calculate with this figures. So let's say 1/3 of the Germans are in retirement, that are roughly around 80 / 3 = 26,7 million. So the costs are easy to calculate: around 226 800 000 000. So we can say 1/3 of the retirement payments have to be borne by the state. Let us just increase the average montly payment to 800 so we would have costs of 259 200 000 000 on third of this would be 86,4 billions. So just for getting near that "base" payment for retired men/women we need another 6 billions of credit.... And now imagine how this system will do if people which have retired will raise...

Again this complete stuff can not have been properly "calculated" it's unbearable, but that does not matter for the Germans. This is just and so it must be so.... This just means we are so fubar that it just hurts...

Posted: Fri, Jul 13 2012 8:38 AM by Friedrich Dominicus | with 4 comment(s)
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Comments

Torsten said:

Is this about the "bedingsloses Grundeinkommen" even the Pirate Party propagates.

# July 13, 2012 6:58 AM

Friedrich Dominicus said:

Yes, that's exactly that. I guess you know have learned why the Pirates Party is named that way. Pirates don't ask they "take", Strange enough there are more than enough willing to give without resitence. The arguments are "so" nice. "There is not enough work" among others. Ah yes, nothing learning, not looking after which jobs are seeked. Everyone does what he wants and some stupid employer has to bear the costs, and behind his back they call him exploiter.

That's not sarcasm nor irony that's a way too large part from Germany/Germans

# July 13, 2012 11:58 PM

Denny said:

Yeah, the Pirates! That was also my first intension!

But I think the more dangerous part will be the demand for a minimum salary, because most people believe that there will be positive effects for the workers. And most of them don´t seem to have the eyes or the mind for the bigger picture, especially for the negative effects for the economy. But nobody needs to wonder, then even the politicians don´t understand the consequences, although they could take a look at the effects to the american economy.

But even if it fails; there can be found an enemy in the Far East who is surely in charge of this homemade-disaster!

Or it´s all about bad capitalism! Because most people believe monopolies are created by capitalism (without any idea of monetary theory)

# July 18, 2012 9:14 AM

Friedrich Dominicus said:

Well we know monopolies just can be established with the help from the government. You can see the problems every where (even here in Germany), phone company, post, railway and of course last and worst the money monopoly. Backed with what? Just with another monopoly the monopoly of force.

That's what deledefs like so much. Just puttin every one unser suspect and criminalize anything and take every exception for themselves.

# July 18, 2012 11:48 PM