Germany's economy is teetering on the brink, with projections of a 0.2% contraction in 2024 masking a far grimmer reality. This forecast, artificially propped up by government-induced demand, is but a thin veil over an economic abyss.
The "Green New Deal," the EU's latest economic panacea, is nothing more than a repackaged Keynesian fever dream, presented with a pseudo-religious set of narratives and infantile symbolism to nuge (or kick) the herd into the direction tje central planners need them. It's a desperate attempt to fill the vacuum left by genuine growth - a void created by the cancerous expansion of state interventionism, bureaucracy, and taxation that now consumes over 50% of the EU's economic output.
In a tragicomic display of economic illiteracy, policymakers are doubling down on the very poison that's killing the patient. They're prescribing more state control, more regulations, and more artificial demand stimulation, expecting different results from the same failed formula.
The regulatory apocalypse continues unabated. Each new rule, each new "green" initiative, is another nail in the coffin of German industry. The once-mighty economic engine of Europe is being strangled by a web of red tape, all in the name of a climate crusade that seems more interested in control than actual environmental progress.
Meanwhile, the migration crisis rages on, unchecked and unmitigated, adding further strain to an already buckling system. Social costs are exploding, yet the solution seems to be more of the same - more spending, more debt, more delusion.
As Germany stumbles blindly down this path, the cynics among us can't help but wonder: Is this incompetence, or is there method to this madness? Are we witnessing the death throes of a system that's outlived its usefulness, desperately clinging to relevance through increasingly absurd interventions?
One thing's for certain - this economic Titanic is headed for an iceberg, and the band plays on. The question isn't if it will hit, but how spectacular the crash will be.