Veytics Intelligence
2026-10-18 · Dlacalle

Democratic Socialism Demolished Europe. - Blog de Daniel Lacalle

Decades of bloated government, entitlements, subsidies, and mass migration have destroyed Europe’s competitiveness and growth, all paid for with ever-rising taxes and more debt. They have also created enormous social discontent. Taxpayers are exhausted, and the recipients of subsidies are looting and vandalizing the streets. The flames in French cities are the bill that is arriving. On Saturday 17 October, France burned again. What began as marches against the cost of living and the state of public schools turned into the worst violence the country has seen in decades. According to the French government, 550,000 people took to the streets, 1,200 were arrested, and 150 police officers were injured.

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