The CSU and SPD, who will probably agree to form a coalition in 2 weeks when the new parliament is convened after the recent elections, are trying to obtain a lifting of the constitutional debt ceiling to get EUR 1 Trillion in additional debts to finance their agenda. In the new parliament, they will not find the constitutional 2/3 majority for this mega-debt. In the old parliament, there is only a 2/3 majority with the Greens. So, they are offering the Greens EUR 100 billion to get their votes to change the Constitution. A coup, a farce, an affront against voters who believed the CDU’s and Candidate Merz’s promises to never ever lift the constitutional debt ceiling. There is no justification for such a turn-around 4 days after the elections, the global and German conditions have not changed so dramatically to suddenly break the promise. A scandal, a voter fraud, a financial putsch. But welcome by the EU and Europe – who expect that the huge new debt of the German people will eventually benefit the rest of Europe. As well, the US might see some advantages: the expected inflation and increase debt risk already reduces the EURO’s value, increases interest rates but lifts economic expectations in the short run.
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