Discover and read the best of Twitter Threads about #Pasokification

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This is just hyper Pasokification.

The idea that Bloomberg can beat Trump is hilariously wrong -- purely on an objective material basis. That's even before you get to the fact Bloomberg is an evil billionaire literally attempting to buy the election (and failing even at that).
You have to wonder if these idiot Losercrats genuinely believe this or they are just deep down determined to carrying on losing elections forever.

#Pasokification
Read 3 tweets
Investors are paying Germany for the privilege of lending via bunds, businesses begging for investment, SPD haemorrhaging support in poles and Olaf Scholz, the SPD finance minister, still defends austerity. #PASOKification ft.com/content/749480…
Germany is (roughly still) at full employment, not because of workers' bargaining power or big state but because it's free-riding on Eurozone's macro-financial pathologies.
Kalecki understood well the politics of business behaviour at full employment - German business demands state intervention (digital infrastructure), lower taxes, and moans about 'subsidising consumption' (social spending)
Read 4 tweets

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