Today in Silicon Continent I tell the astonishing story of the Italian Superbonus. How was the dumbest economic policy ever put in place and expanded by left, technocratic and right governments and not questioned by Brussels and Frankfurt?https://t.co/0Ha3w0I0tG
— Luis Garicano πͺπΊπΊπ¦ (@lugaricano) February 14, 2025
Seems unprecedented
Man I wish we could print money like that. Franks are blessed.
Renovation worth as much as a house is
How're they estimating fraud at just 5% of that lmao. Seems more like 60-70%, how tf do renovations cost as much as a built house+land?
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The real reason you'll never see a federal Europe is the Southern euros will never give up their r-slurred economic schemes and the germanics will never allow themselves to be ruled without austerity
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we will only spend 50% of gdp on stupid bullshit and not a penny more
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It's still austerity because they're taxing them 51% of their income.
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That would, no joke, be a massive tax cut in Sweden
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You are absolutely right. The European project was doomed before it even began because Italian values are incompatible with German values so you can never change Italy and similar cases exist for all nations in the EU in relation to each other which means that the less productive nations can only ever speed up their decline and death by joining the EU but never actually expand the EU.
The land expands, the population concentrates further into the same one to two nations.
One day you will have an EU of 50 nations where 95% of the people are living in 3 countries. That is no way to form a superpower.
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if chuds would spend 5 minutes reading history instead of reddit comments at least you would have a substantiated opinion.
Europe has been at destructive wars for millenia, the economy was stagnant and dependent largely on foreign lands, democratic stability was low, and human rights were a "maybe" thing depending on the ruling government. Furthermore, to make things worse, communism had had its grips on a major part of the continent for almost a century, leading to horror as is expected.
With a stable Europe, we have seen growth, a global, stable, currency, a shared market, uniform consumer regulation, etc. Compare
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I agree with you and stand corrected. The EU has a bright future ahead. While its current growth may appear stagnant to a viewer in America today, it is only from an early 21st century perspective that one may suggest that such is the case. From a historical perspective spanning centuries, the EU is actually integrating and expanding peacefully at a rapid rate, and its economy grows at a very healthy consistent rate matching the economic growth rate of European nations during the prosperous colonial era.
The EU has also continued to steadily rise in terms of Euro currency reserves globally and is the largest common market on the planet. It is also one of the only regions in the world that actively invests in helping economically develop its direct neighbors to maintain peace and stability, and help actively export economic growth outwards globally.
The EU has also begun to rapidly converge towards a common fiscal policy and common military, which pretty much ensures that in the times ahead the EU would come out as a fully integrated developed federal state, and as a federal state is likely to even go as far as to surpass the US economically, as all territories within the EU federal state would end up being within a 10,000 USD range of Germany's per capita income spanning all of Europe and possibly half of Russia after it balkanizes a few decades from now.
One day, the EU will be a country on par with the US but still steadily growing while the US would have peaked and be stuck in a perpetual decline due to having too much debt, as the EU is the only entity on he planet that practices responsible economic planning including the years of austerity that are meant to follow the years of mass spending to stop a recession from taking place.
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You could have done crack instead of this shit
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that is why we need to take care of it at all costs
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Coinflip:
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Coinflip:
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Lol yeah, the italian
government was insanely r-slurred.
Theres also a program
where
you can lock in your tax amount (NOT RATE) at what you paid in the current year for the next one or two years. meaning that many construction
businesses who barely had any work during covid, who then took advantage of the 110% programs, basically barely paid any taxes and made a humongous amount of money
but also IMPORTANT CONTEXT ON HIGH RENOVATION PRICES: Italy
is completely FRICKED by overregulation. If you live in what is deemed a historically significant area(basically anything
that isnt a modern
new residential perifery of a city), you HAVE to follow
very, very strict rules
about what the house
can look like, and what features it has, and for ANY modifications you have to ask for permission from the county. Im speaking
from experience here.
It goes further. When we renovated, legally we werent allowed to make too many notifications, meaning that if we wanted to add a new window, or add solar
panels, or ANYTHING, you have to ask for permission.
we wanted to put in a curved railing on the balcony, the type that juts out a little
bit on the bottom. The architect
just sighed and said that it's not allowed. He could have petitioned the county, because fricking
90% of all the houses in the area have a fricking
curved balcony because who fricking
cares, but he just said it wasnt
worth the time, and we just decided to postpone it
THAT's why renovation is so expensive. Every single
step of the way you are delayed, inspected, reprimanded, you cant do anything
without approval
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Just do it anyway, since when does anyone in italy care about the law
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I mean we did do a lot of that, and so does literally
everyone. But we already got police
called on us because we over-trimmed 3 trees
so it's very risky. The city is full of r-slurred
boomers who snitch
In Tuscany nobody would
ever even consider snitching because of a fricking
tree
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Italy just needs to threaten the richer EUs with sending the migrants to them in exchange for money like Turkey.
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do it the indian way, build everything as you want, frick regulation and then apply for regularization after (grease some palms to get it done fast)
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My landlady was telliing me she plans on expanding my unit(adding a balcony) but the guy below us is a lawyer so she's waiting for him to be out for a few months to do it lmao. I hope it happens after I've left, would hate to be dispossessed because of renovations that'll also increase the rent.
Also tbh tbh all you'll get to see from the balcony is pigeon shit stained walls of other apartments and pigeon shit stained floor(it'll also be covered in pigeon shit within a day) so IDK why she wants it. Foid moment tbh.
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when my dad and gradparents built houses, they had to leave like minimum of 3-4ft all round the built up area as per the regulation. being 300+sq yards plots and two storeys it was not a big deal and there was not really a concept apartments to rent out in the 1990s that much. Now the rule of 4ft buffer is still there but everyone builds upto like 2cm to the plot line sometimes there is no compound wall at all just the walls of the building. its illegal but then they go and get it regularized. I can now jump from my house terrace into anyone's balconies if I wanted lol
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!antibharatiya its always fascinating to see indians speak about their lived experience. It's about as close to a digital zoo as I can get
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its always nice to bring our lived experiences to the global zoo which is dominated by burgers and eurocucks. The digial zoo needs DEI afterall
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saar how many dharma do your poophut have?
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you can calculate it yourself
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thx
@Stoicpeace !goomble !goomblers !goombling Blessed thread!
!slots2976
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!slots116
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Gib plz
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!slots999
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epic get
!slots147
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Darn. Look at those digits
.
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Man, all of you "people" really are scamming lowlifes too the very core.
not /s , @NotoriousPIC is serious.
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I am shifting to Helsinki for a couple of years from September btw, I really loved it when I was there last time. My absolute fav restaurant
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You too? What is it with dramajeets coming too Finland?
@NotoriousPIC is sure you won't make a mess.
/s
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I will try my best not to, if you notice smellz in vantta, its not me
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Avast, ye scurvy cur! Yer comment be walkin' the plank for forgettin' to include
/s
! We be helpin' ye, right enough - we'll ne'er let ye post or comment anythin' that doesn't be expressin' yer love an' acceptance o' minorities! Heave to an' resubmit yer comment with/s
included, or it'll be the deep six for ye, savvy? This be an automated message; if ye need help, ye can message us 'ere. Arrr!Jump in the discussion.
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No, don't reply like this, please do another wall of unhinged rant please.
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The rest of humanity isn't ready for Five Stars full r-slur populism
And you think rightoids are the worst
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Honestly I can't believe there could ever be a party as r-slurred as five stars in the world. Not even trumpists are as r-slurred I think
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You are absolutely correct. Populism, especially of the liberal variety will be the death of us, because they don't even waste the money on the majority but the minority in ways that will create zero improvements to anything.
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Coinflip:
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Seems people are just jealous of ItaliaKANG financial wizardry methinks.
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I'm not sure that strat is working kang
They could've used it to subsidize manufacturing, greenwash it so it becomes more competitive in carbon credit maxxed world. Build up an army to plunder Germany with. I cannot fathom what made them decide to do handouts to geriatric home and construction company owners lmao.
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I'd say kickbacks to allies but the fact it persisted under three ideological different coalitions makes it sound like some kind of welfare policy.
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Isnt shitally like top 10 in gpd? With only 50 million people. Sounds like what ever they are doing. Is working great. If they are that successful even with crime and corruption
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Not for much longer. It;s been incredibly stagnant for 15 years and nobody has any plans
on fixing any of the issues.
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Meh. I bet on shitally rather then rest of cuck europe
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Ill gladly take your money
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!slots 1174
There
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Give
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No. Mine
!slots5893
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!slots222
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Italy had 2% GDP per Capita growth in the last 20 years.
Not annually
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Wrong! Italy is top 10 in GDP because it was part of the Marshall plan and after that was in team US during the cold war. If you would pay attention, pretty much every country in the top 10 for the past few decades has been a nation that was both part of the Marshall Plan, and on the side of the most powerful country in the world during the cold war. This created an unprecedented time span of healthy useful alliances that made up for all degrees of r-sluration in Europe. The moment the cold war ended, we can see Italy begin to fall within years and continue falling as there was nobody funding their r-sluration anymore.
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Coinflip:
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Good. Frick em. They deserve their fiscal stimulus good and hard.
!neolibs, good article.
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Snapshots:
https://x.com/lugaricano/status/1890315420185329830:
ghostarchive.org
archive.org
archive.ph (click to archive)
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You have to realize the buildings are old as heck and renovating up to modern code may as well cost as much as building a new house
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Do you have link ποΈ to article
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https://www.siliconcontinent.com/p/how-to-incinerate-220-billion-euros
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Thanks
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