Germany's 'Krisenmodus' Has No End In Sight [zero hedge]
VALLOUREC SA SP/ADR (VLOWY)
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Source: zero hedge
Germany's 'Krisenmodus' Has No End In Sight Authored by Conor Gallagher via NakedCapitalism.com, The Association for the German Language chose the term Krisenmodus as the ‘Word of the Year’ for 2023. I’m not sure they’ve ever awarded a back-to-back winner, but krisenmodus ( crisis mode ) looks to have a chance to repeat in 2024. The current government coalition has lost almost all trust from the public, yet they soldier on determined to make things worse for the vast majority of Germans. The Greens push for more war, the Free Democrats want more social spending cuts, and Chancellor Olaf Scholz and his Social Democratic Party (SPD) are in the middle adopting the worst from both sides and leading Germany to ruin. The chancellor’s decision making likely won’t get any better after a Christmastime bout with Covid-19 – if he sticks around much longer (more on that below). On the international front, Deutsche Welle declares that this year “Berlin must find ways to deal with two wars, an incr
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