Vain, stupid, corrupt politicians can run the table on terrible outcomes. From Conor Gallagher at nakedcapitalism.com:
The Association for the German Language chose the term Krisenmodus as the ‘Word of the Year’ for 2023. I’m not sure they’ve ever awarded a back-to-back winner, but krisenmodus (crisis mode) looks to have a chance to repeat in 2024.
The current government coalition has lost almost all trust from the public, yet they soldier on determined to make things worse for the vast majority of Germans. The Greens push for more war, the Free Democrats want more social spending cuts, and Chancellor Olaf Scholz and his Social Democratic Party (SPD) are in the middle adopting the worst from both sides and leading Germany to ruin.
The chancellor’s decision making likely won’t get any better after a Christmastime bout with Covid-19 – if he sticks around much longer (more on that below).
On the international front, Deutsche Welle declares that this year “Berlin must find ways to deal with two wars, an increasingly aggressive China, and a world order in transition.”
Led by the ill-equipped and overconfident Green, Annalena Baerbock, Germany’s foreign policy has been disastrous and has spilled over into the domestic arena. Severing itself from Russian energy drained government coffers; at the same time, in addition to the money and weapons already sent to Ukraine, Berlin wants to increase military spending and become more interventionist. After running up the tab in these areas, there are now calls for a renewed fiscal responsibility, which means social spending cuts at home.
A botched energy transition led by the Greens, which has industry collapsing and higher prices for consumers, militarization, and austerity – has proved to be an awful combination for the average citizen. And the data is grim.
