Essay by Eric Worrall
Like Dutch police shoot at farmers’ children in the Netherlands, it’s worth revisiting is the place to lose your mind green agricultural policy can take the lead.
An entire country, with less than 17,000 tons of fuel left, because their crazy organic farming policy bankrupt their agricultural sector, causing a collapse in foreign exchange reserves.
Anyone who thinks this can’t happen to Europe, think again. Europe is experiencing inflation due to a sharp increase in foreign currency reserves, as European leaders try to maintain energy supplies they refuse to supply domestically. The need to buy expensive energy from outside the EU is driving down the value of the Euro, putting pressure on inflation in Europe.
Could the European situation get worse? Probably. European nations have stronger economies than Sri Lanka, but none are impervious to political madness, as Europe learned in the 20th century. The crazy nitrate policy pursued by the Netherlands and other EU policies are threatening the productivity of the European agricultural sector. It is the hemorrhage of foreign currency reserves after Sri Lanka green agriculture failed it was the last straw that brought down the Sri Lankan economy.
What happened to Sri Lanka was so sudden, disaster struck with little warning. One moment everything seemed fine, except that some economists’ alarms were widely ignored, then it all went to hell, as the nation ran out of foreign currency and stopped paying its bills. international supplier. The Sri Lankan government exhausted its public foreign exchange reserves in an attempt to maintain a pretense of normalcy, until it ran out of foreign currency and could no longer maintain these reserves.
Will European governments admit if they have such problems, or will they hide their problems for as long as possible, like the Sri Lankan government did? Do you trust your politicians to tell the truth? Which European country will be the next Sri Lanka? Who will run out of money first? Netherlands? Spain? Italy? Irish? Maybe even Germany?
As Sri Lanka has demonstrated, complete green stupidity can cause almost complete economic collapse. In my view, the economically ignorant EU leaders seem determined to follow the Sri Lankan example and create a Sri Lankan-style foreign currency reserve crisis in Europe.
Correction (EW): 17,000 tons of fuel, not 10,000.
Related
