First France and now Germany. The Eurocrats are on a bad run that looks like it won’t end soon. From Tyler Durden at zerohedge.com:
Europe is disintegrating as legacy political regimes are collapsing over across the world.
Just one week after Marine Le Pen precipitated the collapse of the French government, on Monday, Chancellor Olaf Scholz lost a confidence vote in the German Parliament on Monday, a defeat that effectively ended the increasingly unpopular government he has led since 2021 and ushered in elections early next year.
German lawmakers voted to dissolve the existing government by a vote of 394 to 207, with 116 abstaining.
The collapse of the government just nine months before elections had been scheduled was an extraordinary moment for Germany, once Europe’s powerhouse but now a laughingstock at the mercy of both China and Russia. This will be only the fourth snap election in the 75 years since the modern state was founded, and it reflected a new era of more fractious and unstable politics in a country long known for durable coalitions built on plodding consensus.
The confidence vote, in the same month that the French government fell, deepens a crisis of leadership in Europe at a time of mounting economic and security challenges. The war in Ukraine has reached a pivotal moment, with Russia set to make decisive territorial gains and perhaps even push on toward Kiev, while president-elect Donald J. Trump is set to take office in the United States. And now, Europe’s largest and second largest economies are in the hands of a caretaker governments, as the continent is sent reeling in a tailspin of chaos and revulsion to the status quo.
