How Poor Is Germany?

Why Germany is so poor it can’t even put its two cents in the conversation.

EU

Poor? Germany is so poor it scams the Nigerians.

Germany is poor. It’s so poor it drives a Poor-shh.

And to top these jokes off, Germany is so poor that German states like Brandenburg will continue to need aid from the European Union for, like, well… Forever.

Remember: “The state (or in this case the über-suprranational-EU-state) is that great fiction by which everyone tries to live at the expense of everyone else.”

Brandenburg darf aus Sicht von Finanzminister Christian Görke (Linke) bei künftigen notwendigen Haushaltseinsparungen der Europäischen Union nicht belastet werden.

Invite Unilaterally, Distribute Fairly

No, that is not an election campaign motto, although it sure could be. That, of course, is the well known thought process (for lack of a better term) behind Angela Merkel’s decision to open Germany’s borders to refugees back in 2015.

Merkel

This thought process was not well thought out, however. To put it mildly.  That Germany is located in the center of Europe and thus far away from Europe’s actual southern border, for example, a border which we have now learned does not even exist, is one itsy bitsy problem here.

Countries like Italy and Greece are completely swampted now, of course. This is because countries like Austria took care of Germany’s problem by closing their borders. Now Angela Merkel is calling once again for a fairer distribution of refugees. Like for the eighty-seventh time already. But it is not clear what she means (what part of no don’t you understand?). Does she mean Italy and Greece when she calls for EU countries to show more solidarity in taking in the refugees? Which refugees does she mean? The million or two who made it into Germany before reality made sure legality got switched back on again – or the latest batch?

Using a complex mathematical formula I have just worked out, I would say that the whole thing is an incredibly big ugly mess caused by no one other than the German chancellor and that it is up to Germany now to take care of this problem. But that’s just me. Elections are approaching in Germany and her popularity here is as high as it has ever been. And no, I don’t have a complex mathematical formula to explain that. I am not in that league.

“I would take all the important decisions of 2015 the same way again.”

Angela’s Addiction

It’s one of those nasty little family secrets nobody wants to talk about (there are lots of those here in Germany).

Addiction

Or, in this case, nobody is allowed to talk about it because the world’s largest publicly funded (force-funded) news broadcasters are run by the German government.

Addiction can be successfully combated, however. Or so I’ve been told. Although in this particular case it would take a whole lot more than twelve steps to get through.

Already Europe’s biggest gas user, Germany gets about 40 percent of what it consumes from Russia, the world’s largest exporter. That dependence is only going to increase by 2025 to more than 50 percent, especially with output from the Netherlands, Germany’s western neighbor, set to drop in coming years.

Deutschland und die EU streiten darüber, wer mit Russland über den Bau der Pipeline Nord Stream 2 verhandelt. Viele Länder setzen auf die Kommission – auch in der Hoffnung, das Vorhaben so zu beerdigen.

 

German Of The Day: Schlecht

That means bad. Or böse. That means worse. You know, like in “bad, very bad.”

Trump

President Donald Trump has reportedly reignited tensions with his EU counterparts after calling the Germans “very bad” for their trade surplus with the U.S. The president vowed to block German car exports to the U.S. during a meeting with top EU leaders on Thursday, according to German news magazine Der Spiegel.

I don’t know, folks. Whether this is true or not, I have a very böse feeling about all of this. Not.

“The Germans are bad, very bad. Look at the millions of cars they’re selling in the U.S. We will stop that.”

The Temporary Border Controls That Last And Last And Last

Germany will keep up its temporary border controls, thank you (they finally got it last year). And this despite Brussels ordering EU member states to do away with them.

Control

Things are so much better now on Europe’s southern borders, these Eurocrats hiding in Belgian bunkers say, so drop your defenses already. We will give you six more months before you have to get rid of those awful things. Or else. Or else another six months, right?

Die EU-Kommission hat Deutschland erlaubt, die wegen der Flüchtlingskrise eingeführten Grenzkontrollen bis Ende November fortzuführen. Nach Angaben von EU-Innenkommissar Dimitri Avramapoulos erhielten Deutschland, Österreich, Dänemark, Schweden und Norwegen “ein letztes Mal” eine Frist sechs Monaten.

Maybe London’s Just Not All That Much Into You, Frankfurt

Now that national interest rates are up, I mean.

London

A German bid to buy the London Stock Exchange has been sunk by the EU competition watchdog.

The Frankfurt-based German exchange Deutsche Boerse was bidding to buy the LSE in a deal that critics have warned would be against Britain’s national interest.

The Art of the Deal: Die Europäische Union, aber auch die britische Regierung betreten damit ein völlig unbekanntes Gebiet. Desintegration war bislang nicht vorgesehen.

Grossly Undervalued?

Grossly overvalued? The main thing is, gross.

Navarro

When it comes to the advantage that Germany has taken of the euro, Navarro is right about effect, if not motive.

The euro has been bad for German democracy and for German savers and may well ultimately prove to be a disaster for its taxpayers too, but it has been a boon for the country’s exporters. The euro is far weaker than the Deutsche Mark would have been (as was always likely to have been the case). This means that Germany’s decision to abandon its old currency in favor of the euro has acted as a disguised devaluation, a devaluation that has only deepened as the structural imbalances within the common currency have dragged the euro down still further.

Navarro sagte der “Financial Times”, Deutschland profitiere in seinen Handelsbeziehungen von einer “extrem unterbewerteten ‘impliziten Deutschen Mark'”.

Designated Loser (SPD) Magnanimously Makes Room For Next Designated Loser (SPD)

The current head of the SPD, Sigmar Gabriel, has decided not to run as SPD candidate for chancellor in next September’s Merkelection, magnanimously allowing the all-knowing and immensely more annoying Martin Schulz to lose in his stead instead.

SPD

Schulz, commissar refugee from Brussels currently seeking asylum in Germany, could not be reached for comment but this does not really matter because he never freakin’ stops talking anyway.

Das Porträt zeigt einen Politiker, der “nach einem halben Jahr Nachdenken, Zweifeln, Ringen, nach Fahrplanänderungen und Freundschaftskrisen” endlich mit sich im Reinen ist.

German Of The Day: Stiff Upper Lippe

That means stiff upper lip.

Trump

And that’s what meany Berlin politician types are struggling with to keep up after Donald Trump’s latest bizarre attacks against Germany, the EU and NATO.

In trying to console themselves, however, many German stiff-upper-lippers remind the rest of us that Donald Trump is also against the UN, the CIA, the FBI, AC/DC, TCP/IP and even LSD itself, to name just a few. Although the LSD…

With a stiff upper lip, Steffen Seibert instead pledged that Berlin would “co-operate closely” with the Trump administration.

Kraut EU Commissioner Sorry He Called Chinese Slitty-Eyed

He actually meant to call them Chop Sticks. Or maybe Chinks. Or at the very least Ping Pongs.

Oettnger

What a Herm. This Boxhead Hun needs to get with the times already and call up the Racial Slur Database on that Heinee Handy (smartphone) of his. He is responsible for EU digital policy, after all.

Frei von der Leber, as we say in German.”