European leaders will impoverish us

The views expressed in the opinion are solely those of the author and do not necessarily reflect those of the editors.

Published July 11, 2022



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The risk of almost generalized impoverishment in the West, and especially in the EU, is very important today.

The policies pursued in the West, and in particular by the European Commission, inevitably lead to a serious reduction in living standards.

Today, it is not a question of talking about the inflation that is overwhelming the euro area in particular.

It is certainly a real and significant danger, especially for those who have cash, government bonds or other long-term liabilities. States and monetary authorities have chosen their victims and they are savers.

But the worst is elsewhere. Many are no doubt aware, as talented editorial writers have already suggested, that owning a car will no doubt soon be a luxury reserved for a category of the wealthy.

Whatever we do, the ban on new incinerators in 2035, as decided by the European Commission, will significantly increase the cost of private car travel.

When they are no longer supported, the price of electric cars will be significantly higher than petrol or diesel cars. And the price of batteries, which rely on rare metals found mainly in China, can only increase to a very large extent given the increase in demand and the limitation of production due to the scarcity of certain components.

The use of these cars will also become more and more expensive.

To make them as efficient as our vehicles today, it will be especially necessary in terms of their autonomy, their charging time, the creation of adequate charging devices, a technology that needs to be seriously improved, and very large investments that need to be made profitable by as always, to pass the costs on to consumers.

A growing gap between rich and poor due to the policies of European leaders

The dreaded result is that only the wealthy will still enjoy the benefits of individual transportation. A major risk that supporters of a left-wing ecological policy fail to expose.

The same for the holidays. The war against the plane, known polluter, begins.

We start by taxing boarding, in addition to the many other charges that already exist in aviation, then we also want to limit short-haul flights and we tax petroleum.

Airline tickets are getting more expensive. Some, on the green side, are already happy to announce that airline tickets discountIt is over “, and it is not “does not normal “.

It will therefore be necessary to pay more to travel by plane, or by train, already much more expensive today, and administered as a so-called ” public service ”, That is, bad, and without regard to customers.

Decades of more or less liberal capitalism have succeeded in democratizing transportation, by giving most of us the effective opportunity to travel fairly quickly and comfortably and in a short time, both for daily travel and vacations.

And it is the ecological policy that the left – wing parties want that will undermine this real social and economic progress. By increasing the price of the car and the plane, bringing it to an inaccessible level for a large portion of the population who could hitherto benefit from it.

The worst thing is that these are just examples.

By virtue of also regulating food and agriculture, we will probably soon see an increase in the price of meat because we will reduce the number of cattle on the farms. The law of supply and demand is inevitable: If supply falls and demand is constant, the price rises relentlessly.

In addition, there is a risk, very real in some countries, of taxing cattle or the meat itself.

When it is not even more destructive action. Sri Lanka recently forced its farmers to produce everything organically, especially without pesticides. After a year, due to lack of outlets and with a sharp drop in production, the peasants are ruined and famine threatens the population.

My purpose is not to intimidate, but to draw the logical conclusions from the policies pursued, especially in the EU.

Our politicians want one green agreement. A contract that they insisted a lot on what it brings: a small contribution to a planet a little greener, provided the Chinese do not increase their own CO2 emissions too much.

But this contract has a price, like any contract. And this price will be paid by consumers, all of us, by a sharp reduction in our standard of living.

So much so that things that we find essential today may no longer be available to anyone other than an elite. EU Commissioners and our Green Ministers will, of course, be a part of it.

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