Bespoke translation by yours truly. Original article [A] by Danisch
Not because we could afford to do that ...
But because every finger movement that is still being undertaken in this country is wasted effort and lifetime.
This country is done.
I assume that [CDU chancellor candidate Friedrich] Merz is fully aware that he can't hold the country because, during this administration, and at the latest in the next one, a majority of boomers will retire. And most boomers are already fed up.
Thus, it is basically a given that Merz and the chancellor in the following period (and I guess Merz imagines himself to be that as well) will crash and burn economically because the economy collapses. And tax revenue will vanish.
My assumption is that the [Ukraine] war is also nothing but an excuse to take on debt, and the "special fund" is only there to carry the country in the current period and the exodus of the boomers. Because, actually, no intelligent person would apply to become chancellor in this situation, one basically has no option but to lose.
My assessment is that this country - and basically all of the EU - is factually long dead, and the fiction of the Federal Republic of Germany is nothing but accounting and balance sheet fraud, that can be kept above ground with "creative bookkeeping" and such "special funds", until all of the political influence wielders got their feathered nest and everything that's not nailed down out to a foreign country.
Already during Cum-Ex [massive fraud scandal] I already suspected that it's not a fraud against the state, but the government has set up large funds abroad, where all politicians and masterminds vanish to. That should also be related to the flood of promotions and huge pensions for public broadcasting journalists etc.
The fiction of an existing economy will be kept up with the "special fund" while a lion's share of it flows into the party-adjacent private pockets, and the state is ultimately squeezed out until it can no longer be done, and everything that remains here is burnt soil and a large pile of crap made out of debt, broken infrastructure, and migration Balkan, while the corrupt bigwigs are hanging out on a pretty island. On TV, they are talking about the state "remaining capable of acting". Sorry, that is bunk. If you can only remain "capable of acting" by murderously drowning in debt, then you already aren't capable of acting. That's the wrong term. The right one should be "capable of surviving".
If you examine it from the standpoint of surviving, then such desperate measures can certainly be reasonable. If you have the choice between immediate death and an absurd act of craziness that you can ultimately hardly survive, then of course you pick the act of craziness, because it gives you a bit of time and the tiniest minimal chance.
I certainly found it optimistic that, recently, Voßkuhle & co. spoke of the worry that we could become a "Second World country". On what basis do they make the assumption that our decline stops there? Peter Scholl-Latour: "If you take in half of Calcutta, you don’t save Calcutta, you become Calcutta yourself."
It is already way too late for any realization.
And the parties are currently looting and robbing anything they can obtain and carry. Can you recall the pictures from the USA after George Floyd? Where supermarkets and electronics stores got raided by blacks who ruthlessly tore out and carried away everything that could be carried? Precisely that is the political situation in Germany, except it's not electronics stores, but our national economy that is being plundered, and it's the political parties instead of the blacks. They're pumping out and carrying away everything that can still be dismantled.
Yes.
And I am quite sure that it's going to go very quickly now. There are plenty of "avalanche triggers" that lead to a domino effect.
One of them that I think is very likely is this:
The economy is not going to grow, as they hope for, but will keep on collapsing. Layoffs, less tax [revenue], and so on. More and more people sign up for Bürgergeld [unemployment money].
Sooner or later, this is going to lead to the first credit [rating] agency lowering Germany's [credit] rating. And then the interest rate on loans will go up while tax revenue goes down. That is going to massively increase the expenses of refinancing and lead to a very rapid downward spiral. And once that has been kicked off and more rating agencies follow suit, it can happen very quickly that Germany is bankrupt within a few days, or at the latest in a few weeks and months, because they can no longer repay debt and refinance existing debt with new debt.
This country is directly standing at the edge of the abyss.
And thus, now is basically the time for a general walkout.
Oh, I don't mean a general strike. A strike is a) time-limited and b) has a goal that it means to achieve. Rather, I am talking about the realization and insight that one stops wasting one's work effort and lifetime on a black hole.
Basically, everybody can stop working now
Not because we could afford to do that ...
But because every finger movement that is still being undertaken in this country is wasted effort and lifetime.
This country is done.
I assume that [CDU chancellor candidate Friedrich] Merz is fully aware that he can't hold the country because, during this administration, and at the latest in the next one, a majority of boomers will retire. And most boomers are already fed up.
Thus, it is basically a given that Merz and the chancellor in the following period (and I guess Merz imagines himself to be that as well) will crash and burn economically because the economy collapses. And tax revenue will vanish.
My assumption is that the [Ukraine] war is also nothing but an excuse to take on debt, and the "special fund" is only there to carry the country in the current period and the exodus of the boomers. Because, actually, no intelligent person would apply to become chancellor in this situation, one basically has no option but to lose.
My assessment is that this country - and basically all of the EU - is factually long dead, and the fiction of the Federal Republic of Germany is nothing but accounting and balance sheet fraud, that can be kept above ground with "creative bookkeeping" and such "special funds", until all of the political influence wielders got their feathered nest and everything that's not nailed down out to a foreign country.
Already during Cum-Ex [massive fraud scandal] I already suspected that it's not a fraud against the state, but the government has set up large funds abroad, where all politicians and masterminds vanish to. That should also be related to the flood of promotions and huge pensions for public broadcasting journalists etc.
The fiction of an existing economy will be kept up with the "special fund" while a lion's share of it flows into the party-adjacent private pockets, and the state is ultimately squeezed out until it can no longer be done, and everything that remains here is burnt soil and a large pile of crap made out of debt, broken infrastructure, and migration Balkan, while the corrupt bigwigs are hanging out on a pretty island. On TV, they are talking about the state "remaining capable of acting". Sorry, that is bunk. If you can only remain "capable of acting" by murderously drowning in debt, then you already aren't capable of acting. That's the wrong term. The right one should be "capable of surviving".
If you examine it from the standpoint of surviving, then such desperate measures can certainly be reasonable. If you have the choice between immediate death and an absurd act of craziness that you can ultimately hardly survive, then of course you pick the act of craziness, because it gives you a bit of time and the tiniest minimal chance.
I certainly found it optimistic that, recently, Voßkuhle & co. spoke of the worry that we could become a "Second World country". On what basis do they make the assumption that our decline stops there? Peter Scholl-Latour: "If you take in half of Calcutta, you don’t save Calcutta, you become Calcutta yourself."
It is already way too late for any realization.
And the parties are currently looting and robbing anything they can obtain and carry. Can you recall the pictures from the USA after George Floyd? Where supermarkets and electronics stores got raided by blacks who ruthlessly tore out and carried away everything that could be carried? Precisely that is the political situation in Germany, except it's not electronics stores, but our national economy that is being plundered, and it's the political parties instead of the blacks. They're pumping out and carrying away everything that can still be dismantled.
A close acquaintance, who has awesomely proven his brilliance in the financial market for decades, just wrote this to me: "With this change of the constitution, Germany is going to become a Third World country - with mass poverty, civil war, and state bankruptcy. Climate neutrality is going to cost five thousand billion euros until 2045, that need to be raised without an industrial basis. It is pure eco-fascist vandalism."
— Steinhoefel (@Steinhoefel) March 15, 2025
Yes.
And I am quite sure that it's going to go very quickly now. There are plenty of "avalanche triggers" that lead to a domino effect.
One of them that I think is very likely is this:
The economy is not going to grow, as they hope for, but will keep on collapsing. Layoffs, less tax [revenue], and so on. More and more people sign up for Bürgergeld [unemployment money].
Sooner or later, this is going to lead to the first credit [rating] agency lowering Germany's [credit] rating. And then the interest rate on loans will go up while tax revenue goes down. That is going to massively increase the expenses of refinancing and lead to a very rapid downward spiral. And once that has been kicked off and more rating agencies follow suit, it can happen very quickly that Germany is bankrupt within a few days, or at the latest in a few weeks and months, because they can no longer repay debt and refinance existing debt with new debt.
This country is directly standing at the edge of the abyss.
And thus, now is basically the time for a general walkout.
Oh, I don't mean a general strike. A strike is a) time-limited and b) has a goal that it means to achieve. Rather, I am talking about the realization and insight that one stops wasting one's work effort and lifetime on a black hole.
