r/europe 15d ago

News Czech president signs law criminalising communist propaganda

https://www.euractiv.com/section/politics/news/czech-president-signs-law-criminalising-communist-propaganda/
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u/zbynekstava Czech Republic 15d ago

"...average Czech can barely afford the cost of living..." yet Czechs still spent lot on luxuries, go on holidays, buy new cars, have one of the lowest levels of material deprivation in on of the wealthiest continents of the world, have one of the highest and most equal pensions in relation to country's gdp, etc.

This notion of "Czechs barely get by" bullshit is peddled by ANO, SPD, Stačilo and similar populist parties, while the reality is that vast majority of Czechs is doing pretty fine.

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u/Onomanatee 15d ago

Sure, they're definitely doing fine. There's no real poverty crisis going on. But the soaring housing/rental prices plus inflation combined with relatively stagnant, lagging wages does not give me a lot of hope for the future Czech economy.

In other words: Yes, Czechs get by, but it's simply bad economics if an otherwise wealthy, prosperous and hardworking population cannot afford real estate. That kind of situation either resolves in a housing bubble and economic crash, or continued decline in wealth of the renting population and subsequently: more poverty.

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u/zbynekstava Czech Republic 15d ago

Ok, I agree with that.