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Fast Eddy's avatar

A Closer Look At Germany's Death Spiral

Subscriber Bill G responded to yesterday’s post on Germany’s financial/cultural death spiral by asking:

“And when did debt to GDP cease to be a good measure of economic health? https://countryeconomy.com/countries/compare/germany/usa?sc=XE02”

His point is that if Germany’s government debt is only 65% of GDP, that country is — by definition— in way better shape than the US (debt 120% of GDP).

This is a reasonable question with an interesting answer. So here goes:

Vendor Financing

In the business world, there’s a semi-sleazy practice in which a company lends money to its customers who then use that money to buy the company’s products. This boosts sales and profits, making company managers seem worthy of big year-end bonuses.

Assuming the debtor/customers can pay off their loans, this practice can continue, unbeknownst to outsiders, for a long time. But if customers start defaulting, the “vendor financing” scheme unravels.

Germany has been running the government version of this scam.

With the introduction of the euro as a common currency in 1999, it became clear that eurozone members had wildly differing financial profiles. Greece and Italy, for instance, were bankruptcy candidates who, in a rational world, would have to pay way up to borrow money. But high interest rates would render their debt prohibitively expensive, forcing them out of the eurozone.

So the currency union cooked up the following scheme: The European Central Bank (ECB) would buy non-German government bonds at prices that equated to extremely low interest rates. And Germany would guarantee the solvency of the ECB.

For long stretches, most eurozone countries were able to borrow at lower rates than the US government had to pay, since their bonds were de facto German (i.e., “investment-grade”) paper.

Now here’s where “vendor financing” comes in. Italy, Greece, Spain, et al used some of the money they borrowed to buy German-manufactured goods. As a result, Germany’s economy grew, its trade balance was positive, and its government deficits were modest (when they weren’t actual surpluses).

It’s easy to view the resulting chart as a picture of a financially sound entity.

https://rubino.substack.com/p/a-closer-look-at-germanys-death-spiral

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Dee's avatar

How long does it take to test a vaccine? Well after they do their best to get people sick, I would say zero time to minimum three months. They plan the death shots at the same time they plan how to get people sick and instill fear in them. So it doesn't take long at all. LOL

I was talking to a stranger on a recent trip. I timidly brought up the death shot issue as you never really know where people stand on that issue. He informs me he told all his children not to take the shots and they didn't and he was very happy about that. His reason was that they have not found a cure for cancer or HIV but they found a cure for covid in three months. Something wasn't right about that. He also said that his healthy 21 year old brother had to take the shot for his job. He was upset about that of course. Of course he told his brother not to. After taking one shot to keep his job, when his brother had sex with his girlfriend, a bunch of blood clots came out. His brother was horrified and took pictures of it and sent it to him and he said he never seen anything like that in his life. His brother believes this was from the shot and agreed not to take anymore. His brother went to the doctor and the doctors were baffled. Couldn't figure out why a young healthy man would have such blood clots after sex. He said things did go back to normal eventually with his brother.

And no one goes to jail. And there is no Epstein client list. And Diddy gets a slap on the wrist. And.....

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Fast Eddy's avatar

I vomited twice reading this

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Dee's avatar

So what about going for a third time? What harm did he do his young girlfriend spewing God knows what inside of her?

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Lidia's avatar

Could have used a condom, which would make it easier to notice.

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Vepr's avatar

Dont need to fact check that there is not much time left before all hell breaks loose.

The eugenics squads want their mass culling and they will not let their agenda get put off any longer.

I have to agree with it when all I see all day is fat fucks with 24" arms and triple chins driving around in KIA'S, Hyundai's, and Mitsubishi's stuffing their faces with fast food from a drive thru while texting.

Let the bodies hit the floor..

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Fast Eddy's avatar

M Fast joined me for a coffee earlier after I finished at the gym... watching the fucking losers walking past I remarked.... almost all of these people's lives consist of sitting in a room for huge numbers of hours in front of a box that spews utter rubbish on 500 different channels... stuffing their faces with food that I wouldn't feed my dog.... that is basically their lives.... work.. come home ... watch Tee Vee... eat shit... take Death Shots... get indoctrinated by the news.... get fat... take pills... die.

They are doing the species a favour with the Shots of Death... I'd like to see another scare campaign so that the morons get up to date on the 15th booster

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Vepr's avatar

Outstanding response Eddy. I must admit, the Fast Eddy substack rules over all other channels...its smug, funny, offensive at times, extremely controversial, and most importantly FACTUAL and to the point.

Keep up the good work since nobody else has the balls to tell it like it is. 👏

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Lidia's avatar

Was just at a major hospital. Not a lot of masking, but I did see big LCD displays saying "covid cases are up!" bla, bla, bla.

What's scariest is that you know virtually everyone working there has been injected. And then they're supposed to help you with your health issue.

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K. Sam's avatar

Yes, fuck everything—especially our cursed hands that have created that mess. If we had only stayed on all fours…

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Fast Eddy's avatar

The Great Unplugging is Coming ... just need to make a few things happen that will allow an escape from this madness

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K. Sam's avatar

World economics are already suffering due to excess morbidity and death; the mirror image of our heavily encumbered healthcare systems.

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Fast Eddy's avatar

5.2M out of 83M need long term care hahaha

These would be the totally fucked up Vaxxers... there will be a lot more who are not quite as fucked up ... but unable or struggling to work...

And STILL!!! these most of the RE tard believe these shots are safe and effective....

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K. Sam's avatar

Hawks’ vision spectrum is in the ultraviolet, which enable them to detect urine marks and thus home in on their prey.

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Fast Eddy's avatar

Oh ya... so what... humans can drive cars!!!

And btw - Hoolio would leave the 100m world record holder eating his dust in a race... we are the biggest joke of a species ever to walk the earth....

I really cannot wait till the end game gets here... I am reminded of Taleb's comment in Black Swan about being in Very Serious Meetings with Very Serious People in the world of finance -- where he thought ... what a fucking joke these people are ... and this meeting...

I will enjoy knowing that the Very Serious People... will be applying their Very Serious Skills ... to catching a rat for dinner...

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K. Sam's avatar

There was actually a study that correlated between C-19 “vaccine” uptake and education. The least likely to partake were high school graduates and PhDs—i.e., the dumbest and brightest. The former justify their reluctance to shoot the stuff with “ain’t gonna let them install those chips in my brains”, whereas the latter with “No way I’m taking a drug that hasn’t been fully tested.”

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Katherine's avatar

You tell it like it is. I love, well as much as a misanthrope can, you for it. This is an "Eddy Classic":

"There is no way in hell that guy is getting on top of this Plough Hog so I suppose she needs sugar to get off."

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MikeJ's avatar

Here is further proof of the collapse.

https://www.nytimes.com/interactive/2025/07/03/business/economy/healthcare-jobs.html?unlocked_article_code=1.VU8.XZ33.xWhSQnl7ulZD&smid=url-share

Unplugging is a good idea. March next year is the start for me, although l hope not to meet to many plough hogs on my travels around the Australian outback.

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Fast Eddy's avatar

After smashing into the buffalo in the outback a couple of weeks ago and being forced to return to The City.... I am feeling a tinge of disequilibrium ... this existence feels so artificial after spending 6 weeks connected to the wild...

Stay away from caravan parks as much as possible to avoid these fucking losers..

I was thinking about replacing the rig but now I am considering North America ... there is more diversity + unlike Aussie ... dogs are allowed into national parks in both Canada and the US... that is major issue for me

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Fool Name's avatar

https://brownstone.org/articles/net-zero-the-mystery-of-the-falling-fertility/

They told us to trust the science/the numbers...now don't trust the science/numbers.

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Vepr's avatar

Those endless Pharma stories and all the endless discussions all over social media are just a long drawn out fancy way of saying with big words ..we are going to give you something that will kill you.

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Withnail's avatar

Mountains of trash in US cities like Philadelphia as trash workers strike or quit due to low pay.

https://www.youtube.com/watch?v=CUE0wgqf_IE

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MathLouse's avatar

Same in Birmingham, UK.

https://www.youtube.com/watch?v=YJBOPhFeIM4

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Fast Eddy's avatar

And the Doomie Preppers believe they'll be left alone in their magical wonderland when 8B are left without any sort of service ... food... clean water... etc...

There will be total mayhem ... and unless your doomie prep is deep in the bush far from anyone ... you be skinned alive

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Withnail's avatar

They'll be coming. It's just a matter of time.

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Fast Eddy's avatar

Toxic shit from the spent fuel ponds = cancer

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