F Dominicus Blog

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

Yesterday was a good day

Finally GermanĀ“y was downgraded. We deserved a much higher downgrade, but it's hopefully the start to end this miserable "social market economy (well this is an euphemism I know it it pure socialism at work)

Anyway neither the US nor Germany deserve an AA- they deserve maximal a grade which states. "will pay for it debs for at least a while". Every Austrian see the marks of the end coming. They just need one look Fiat-money and debt, and they know who is doomed. We Germans are the US is and many other countries are also

The sad but true answer is: There is not one country on this whole world with sound money. So the "social democrats" are the old, and current plague.