NYT: Huge Loss at German Central Bank Adds to Gloomy Outlook … Central Bank blames last 3 Years of Failed Politics.

Handily two days after the German elections, the German Central Bank reports a huge loss of EUR 20 billion.
The Bank’s President can only blame the last 3 years of failed policies of the Green/Left government in Germany.
Instability and fear were the result of three years of Green/Left mismanagement. Why did the President not say earlier?
It is now at the new German coalition, most probably a coalition of Center Conservative with the Left to improve Germany’s economy. But it is a fear still that the Left, the SPD, would not turn around and would not support industry friendly policies, after the SPD policies of the last three years of rising de-industrialisation, of immigration, of taxes and bureaucracy.