The extent of the economic damage that the traffic light coalition and its predecessor governments have now caused in Germany can also be seen in the consumer climate. According to figures from economic researchers, consumer sentiment is in free fall and thus reflects the country's economic decline, which, following the successful attack on the energy sector, has long since affected all sectors.
Years of debt-making to finance the disintegration of the free elements of a dying market economy, well secured by the infantile and apocalyptic climate narrative, is now turning into a fiscal nightmare. Over-regulation, the highest taxes in the OECD countries, monthly disinvestment worth billions - Germany is no longer in a relegation battle, but has already arrived in the second league.
The performance of the liberal socialists of the FDP appears particularly pitiful. Anyone who had hoped that the so-called liberals, a representative of the center, would balance out the socialist climate apocalyptists in the horror coalition, has been proven wrong. The ideological fight against the key sectors of the German economy is entering the next round, as the farmers' protests and the growing dissatisfaction of the middle of society cannot encourage any of the politically responsible people to stick their head out of the ideologically well-veiled window and get a touch of reality to breathe in.
Briefly about the numbers:
Economic and income expectations as well as propensity to buy are experiencing noticeable declines. In February, the consumption indicator fell to -29.7 points according to GfK and NIM.