Viele machen den Kapitalismus für die hohen Lebenshaltungskosten verantwortlich, während die eigentliche Ursache der Etatismus ist. Etatismus bezeichnet die Verdrängung von Zivilgesellschaft, Märkten, Ersparnissen und individueller Entscheidungsfreiheit durch politische Kontrolle, öffentliche Ausgaben, Regulierung, Besteuerung und geldpolitische Eingriffe. Der Staat ist das Problem, nicht die Lösung.
DEVELOPED WORLD BOND YIELDS SURGE TO DECADE HIGHS AS SOVEREIGN DEBT CONCERNS GROW
10-year government bond yields across several of the world’s largest developed economies are pushing to their highest levels in more than a decade.
🇩🇪 Germany: 3.32%
🇬🇧 UK: 5.08%
🇯🇵 Japan: 2.94%
🇪🇺 Euro area: 3.32%
After more than a decade of ultra-low and even negative interest rates, governments are now being forced to refinance massive debt loads at substantially higher rates.
As yields rise, interest costs rise with them, putting even more pressure on already stretched government budgets.
There is a sovereign debt problem developing across the world, and it is getting harder and harder to ignore.