Se questa tendenza continua presto la Grecia avrà un debito inferiore al PIL rispetto all’Italia e alla Francia

Greeks are wonderful people and they deserve to thrive

If this trend keeps up I’m going to live forever.

Love Greece, they have a lot of competent people

If

Which means very little in the scheme of things. Overall, if the economy is strong the debt to gdp means little to nothing.

Which is why I welcome the new ECB tools for Eurozone. If an economy is even slightly healthy (economic growth of 1%+ over a year or more), taking on debt will boost the economy. Which is why Finland will use this tool to leverage our economy to a better growth path – from 1.6% annual to 3-5%.

One doesn’t have to go as far as Japan or the US that have basically lived on borrowed money for decades to know that this indicator is somewhat faulty.

I’m waiting for the new ECB tools to kick in and let the Eurozone countries leverage that for growth.

ETA

Before anyone gets to say that this new debt from the ECB is somehow in vain or used to prop up existing money draining structures – here how Finland uses it (it’s all public information):

-low-cost funding, enabling lending to businesses

-cash injections in combination with venture funding for new start-ups

-lowers interest rates in Finland to enable further start-ups/innovation/companies

-Maintains market confidence and further outside investments for new (and existing) industries

(Finnish pension system and healthcare system partially are managed separately outside yearly government spending – namely: Large international pooled **investment portfolios. Which is why Finnish pensions or healthcare** are always well funded without any excessive support from the goverment.)

It’s honestly incredible how much debt they’ve managed to shave off

And for example USA, whose gross debt is 120 % and rising.

… in 50 years, yes.

Almost like behaving like a grown up economy and getting rid of grifters like Yanis could dig you out of the hole. Apparently austerity works…

I have an idea to tackle public debt in Europe—a feasible solution, provided there’s political will. I’m not seeking personal promotion, just hoping to spark a conversation and explore this idea together.

The proposal suggests disconnecting the European Central Bank from private banking and allowing direct financing of states without generating debt. This could enable interest-free funding for public services, eliminate the shadow economy, and ensure full transparency. You can read more in this petition: For a debt-free Europe.

I’d love to hear your thoughts—what could be improved, what challenges you see, and whether you think this could gain traction from a citizen-led perspective. Could something like this actually work?

I see from 2-3 accounts all those “positive” stats without any context though.

But i never show those accounts posting about cost of living, inflation and median wages.

that alone says a lot about the people doing those posts.