The Duran Podcast EU war economy utopia, Eurobonds and direct taxes
Feb 28, 2024
Exploring EU's push for military powerhouse amid industrial decline, ambitions for direct taxation powers, prolonging conflicts for taxation purposes, proposal for an EU army, and ideological motivations behind financial policies.
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EU's War Economy Push
- The EU is pushing for a centralized war economy, supposedly to counter Russia.
- However, the EU lacks the industrial capacity for significant rearmament.
Eurobonds and Taxation
- The EU's rearmament push seems to be a pretext for issuing Eurobonds.
- Eurobonds would allow the European Commission to raise funds and potentially gain direct taxation powers.
The Cost of Centralization
- The EU's pursuit of a war economy and Eurobonds aims to centralize power and enable direct taxation.
- This comes at the cost of prolonging the war in Ukraine and increasing European citizens' tax burden.