These 3 Countries Are Government-Free – Look at the Results!

11.09.2017 • France

Simone Wapler – La Chronique Agora (France) –

Like his predecessors, the Macron government intends to direct our savings – real estate, life insurance, equities – and is working on imaginary rentiers.

The latest figures from the national accounts show that in July the external trade deficit widened by € 6 billion while government expenditure jumped by € 10 billion.

Governments succeed one another, the deficits pile up, the debt swells. But our bad managers always swarm with ideas about the use of the money of others, ours.

The Macron government would like to create an investment fund for SMEs. Since 1987, I have known many fund managers who have made a fortune, but I do not know any individual who made a fortune by investing in these funds.

“We need to create a real ‘mittelstand‘To the French,’ said Benjamin Griveaux, Secretary of State to the Minister of the Economy. However, themittelstandGerman, this fabric of large performing SMEs, is not the fact of the German central government nor of public funds, in spite of Benjamin Griveaux. It is the fact of private investment and how the Germans organize their savings.

On the life insurance and real estate side, the Macron government also has ideas about what we need to do with our money. In this field, it is not yet clear what will be bad (very punished by the tax) or (less punished). But we already know that the “real estate rent” is wrong.

However, if there ismittelstandGerman and that real estate is much cheaper in Germany than in France, it is probably not by chance. In all countries with a “weak currency” tradition, savers take refuge in real estate, which is a bulwark against inflation and the devaluation of their savings. When the currency is strong, investors tend to arbitrate in a balanced way and take more risks.

After more than 40 years of “housing policies”, tax-subsidies-exemptions, housing is still a problem in our country. It is therefore surprising that governments still have ideas on real estate and do not give up on “organizing” the market.[Editor’s note: owner-lessor, do you know how to save unnecessary taxation on surplus value? This report explains very simply all the benefits you could gain from an ICS.Click hereto discover the four circumstances that make this structure very advantageous.]

Why everything except laissez-faire?

In a country where the state controls 57% of the economy, “laissez-faire” is never envisaged as a solution. It’s a shame because it works better than crony capitalism and capitalism.

Two countries recently had no government: Spain (315 days), Belgium (541 days); the Netherlands has been without a government since 15 March 2017.

What happened during the holidays? In Spain and Belgium, three indicators have turned green: GDP growth, unemployment and government debt,has demonstrated the IREF Europe. In the Netherlands, growth is showing … 3.8% year on year.

Rather than flooding ideas about how we organize our savings, our government should instead focus on reducing its spending. But of this there is no trace in our papers.

-Read more at (French)-

Related Posts

Comments are closed.

« »