MMT would claim rather simply that the debt can be paid back by printing more money. More money in the system means more people are employed. If you have full employment, more money leads to inflation and to fight inflation governments need to raise taxes, to take money out of the system. Obviously taxes can not be raised to infinity.
So no MMT does not claim the US can just borrow money without long term costs.
Not necessarily. As long as the debt is invested well, it is absolutly fine. If the debt is used to increase the size of the economy, that means more taxes and hence the debt can pay itself. The other scenario is the government investing into something, which increases in value. Keep in mind that the governments rates are lower the private rates, so if a government builds a lot of housing for its citizens, that increases debt, but is still cheaper then everybody building their own housing themself. Similar effects can be had by buying companies.
Debt is a tool, it can be used for both good and bad. It really depends on how good the government is.
He was sentenced according to GDR law, which allows ten years to life.
However many of the rich countries are in debt in currency they control. The US, China and the EU mostly borrow in dollar, RMB and Euro. So if they have a massive debt crisis they just print a lot of money and can pay back the debt. That comes with inflation, but that is not that bad.
The poorest countries in the world mainly borrow in USD, which they can not just print. They have to net export to get USD to pay back debt. Add to that other massive problems. Afghanistan, Yemen, Syria and Ethiopia all have ongoing civil wars, Chad is landlocked and the country it would trade through is currently in a civil war. North Korea is sanctioned to hell and back. That makes paying back any debt much harder.
5.6%of GNP is well above the 2% inflation rate and France economy is also not growing fast at forecasted 0.7%.
Not at all. The judges appointed by the opposition party, protect the laws made by the opposition party, when they were in government. This way the government can not just ignore those laws. So most countries have very long term limits for judges to deal with that. Hence a single government can not just stack the courts. Term limits are used, so no single government just happens to be able to appoint a lot more judges then usual. However even with the term limit being death, a court like the US supreme court has judges appointed by five different presidents for example.
Because in Europe you are pretty much always on or near somebodies property.
The Bin Laden group is currently working on building the tallest building in the world in Saudi Arabia right now.
This is key. The narrative: “The right wing takes away your workers rights and blaims migrants on it” actually works to convince other people, since it is in fact true.
Wolves do not hunt lynx. Nothing really does unless they are young or sick.
However, they are very much released close to wolf territory:
The last budget also only had €4billion for Ukraine aid. That was increased by €3billion to the €7 billion actually send in the end. The reason for that is simple. We do not know how the war will continue or even if. So the German government signs big deals with the military industry, which give the industry the ability to set up large scale production, but allow the German government to stop ordering more weapons quickly. Then additional funding is approved as need be. So if somebody takes Putins job and makes peace with Ukraine, Germany does not send unneeded arms to Ukraine.
Sorry, but that is the background. German government communication sucks for a lot of reasons.
Unlikely. Germany most likely is not going to recognice Palestine for a long time.
For a few months.