There are stories in the vernacular that seem to go on forever, even though they have long since lost touch with reality. Germany, for example, is still regarded by many as the land of poets and thinkers, a haven for engineers and, above all, the world champion of austerity with a serious fiscal policy. Those, and I am thinking above all of Greece, who were particularly schoolmasterly bullied by the Germans during the last sovereign debt crisis, should take a close look at Berlin in the coming weeks and months. There are signs of a radical turnaround in Germany's traditionally conservative fiscal policy.

In the land of climate savers and moral world champions, reality is crashing down like a sledgehammer. All social systems, i.e. the ponzi schemes operated by the state, will now be subjected to the demographic acid test in the coming years. And this in the midst of a deepening recession! While millions of workers will be retiring, i.e. mutating from contributors to pension recipients, Germany will be pursuing an open-door policy, the social welfare office of the world, and inviting millions to vegetate in the country at the expense of the working population without making any contribution of their own. And the sad attempt of the so-called 'Green Deal' to create an artificial gross domestic product, which in the spirit of John Maynard Keynes is supposed to make the swamp blossom, can now also be considered a certain failure in view of the de-industrialization of the land of intellectual ghost drivers.

So what is the German response to this disaster in the short term? Incoming Chancellor Friedrich Merz of the green Merkel party, the CDU, is already hinting at where things are heading: a softening of all debt criteria, more state interventionism, state subsidies and investments, in other words the usual mishmash of centralized systems.

The idea of a free market economy, a monetary system controlled by the market, is no longer being discussed at all. Europeans are taking refuge in the sterile and bloodless refuge of centralism and will sink into a swamp of debt, I dare to predict at this point. Along the way, the European Union will continue to fragment politically and economically, and some states will try to regionalize in order to regain their sovereignty and thus stabilize their economies.

For the individual, there is still the way out to the sound money system, which is open to all those who doubt that increasing the dose of the very medicine that is making the patient ill can lead to success.

For all euro fans: your shitcoin goes to Fiat Valhalla!