<oembed><type>rich</type><version>1.0</version><title>Cyph3rp9nk wrote</title><author_name>Cyph3rp9nk (npub1ln…arrnt)</author_name><author_url>https://yabu.me/npub1lnms53w04qt742qnhxag5d6awy7nz6055flnmjkr6jg39hm86dlq7arrnt</author_url><provider_name>njump</provider_name><provider_url>https://yabu.me</provider_url><html>Europe and Socialism&#xA;&#xA;In Europe there is no free market, the economy of the nations is centrally planned through subsidies.&#xA;&#xA;The percentage of taxes collected by the Eurozone exceeds 50% of GDP. A large part of these taxes are used to subsidize sectors that politicians consider strategic, but this never works, because personal corruption always prevails.&#xA;&#xA;The result is that all technologies are born in the USA, Japan, South Korea or China.&#xA;&#xA;&#xA;This system of subsidies also applies on a small scale.  Immigrants receive subsidies that allow them to live without working, and the same applies to local people, in many countries the incentive to work is being lost. &#xA;&#xA;Private property is not respected either, favoring those who occupy houses illegally.&#xA;&#xA;We have reached the extreme that some people live with a salary higher than the minimum wage required by law, and do not pay for water, electricity or housing.&#xA;&#xA;Europe will become Argentina 2.0.</html></oembed>