My Hero

I’m sure he’ll let me down sooner or later (like all heroes eventually do) but for now, Elon is on a roll. Run with it!

Elon Musk gets into German debate over migration.

Billionaire Elon Musk waded into German politics on Friday, sharing the post of another account on his social media platform X that attacked the government’s handling of illegal migration and backed the far-right Alternative for Germany (AfD).

The post shared by Musk came from an account identified as Radio Genoa. It criticized the German state for funding charities rescuing migrants in the Mediterranean and included videos of rescue missions. “Let’s hope the AfD wins the elections to stop this European suicide”, it read.

Critics of the charities accuse them of encouraging people to make the dangerous crossing — something they deny.

“Let’s hope the AfD wins the elections to stop this European suicide.”

Germans walking the walk?

Hardly. They’re not even talking the talk yet. Not when it comes to the European Migrant Meltdown.

They still don’t get it. They’ve got their heads in the sand. Germany is behaving no better than the Banana Republic ITSELF (US-Amerika).

EU fails to agree changes to migration laws as Germany and Italy clash – Hopes fade of deal being struck, with one sticking point being right to occasionally breach detention centre standards…

The disagreement is said to have centred on two issues. Sources say Germany objected to a new clause, supported by Italy, that would allow minimum standards in detention centres to be breached in exceptional circumstances.

It is understood that Italy’s far-right government also objected to a clause, which Germany supported, in relation to migrants assisted by NGOs to reach an EU country. Giorgia Meloni, the Italian prime minister, was reported to have expressed her “astonishment” to Scholz earlier this week at the news that Germany was funding charities to rescue people in the Mediterranean sea.

German of the day: Asyl-Magnet

That means asylum magnet.

As in “Asylum magnet Germany. This is why everybody wants to come here.“

For one thing, Germany practically never deports anyone. More than 300,000 foreigners who are obliged to leave the country are still here. And “the word is out.”

Then you also get paid once you get here. You get free healthcare and a free place to live. What’s not to like? Unless you’re a German taxpayer who gets nothing, nothing other than the next tax increase and unaffordable rents, if she can find a place to rent at all.

Here are the current asylum seeker salaries now available throughtout Europe:

Come “visit” Germany today!

High migratory pressure?

In Germany? Since when?

Too much migratory pressure? Germans can’t get enough of it. If you believe Germany is going to “supend migrant intake,” I’ve got some prime Florida swamp land I can sell you at a real bargain.

Germany suspends migrant intake from Italy – The voluntary agreement aimed to ease the burden on the southern EU border country. Germany’s interior ministry has now paused it due to “high migratory pressure.”

Inflation hasn’t dropped in my neighborhood…

And if has dropped elsewhere in Germany it’s because Germans have stopped buying things they otherwise would have bought.

German inflation eases to 6.5% in July – German inflation eased in July, the federal statistics office said on Tuesday, confirming preliminary data.

German consumer prices, harmonised to compare with other European Union countries, increased by 6.5% on the year in July.

This follows a 6.8% increase in June.

German Of The Day: Schrumpfen

That means to shrink.

You know. As in the Sick Man of Europe? The Incredible Shrinking (or was it Sinking) Country?

German Economy Shrinks Faster Than Expected – It’s a rare thing to happen, but Germany now looks like the sick man of Europe, a phrase previously often used to describe Britain.

The health of the business sector dropped significantly in June, according to recent data. The Ifo Business Climate index for Germany, which measures the health of the commercial sector, registered 88.5 in June, down from 91.5 in May. Higher numbers show economic strength, whereas lower ones show a weakening of the economy.

Speaking of sinking…

German Consumers Are An Odd Lot

They have this annoying tendency to not spend money they don’t have.

It has to do with something they call “debt.” Whatever that is.

Analysis: Spend the recession away? Not the thrifty Germans – A drop-off in spending by inflation-hit consumers was one of the main reasons Germany fell into recession in the first quarter, even as other countries in the region managed to avoid it.

What’s more, even with inflation starting to ease across Europe, the signs are that Germany’s famously thrifty shoppers are not ready to spend their way out of recession – meaning the region’s largest economy will have to look elsewhere for growth.

If She’s Supposed To Do Damage Control…

Then it’s time to abandon ship.

Greens don’t control damage. They create damage that goes out of control.

Germany foreign minister embarks on post-Macron ‘damage control’ in China trip – Germany’s foreign minister begins a visit to China on Thursday aiming to reassert a common European Union policy toward Beijing days after remarks by French President Emmanuel Macron suggested disarray in the continent’s approach to the rising superpower.

“She was sort of perceived as being a troublemaker. I’d be surprised if this does not play a role at all in her visit.”

Now It’s Credit Crunch Time

Energy price falls spark drop in German and Spanish inflation – Headline pressures ease but investors bet ECB will have to raise interest rates in May.

Some members of the governing council have called for the bank to adopt a more cautious approach after raising interest rates by half a percentage point this month.

The turmoil in the banking sector has also opened up the prospect of a potential credit crunch that could slam the brakes on both inflation and growth in the coming months.