Tuesday, November 4, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Germany’s Decline & Fall | Armstrong Economics

by Martin Armstrong
November 28, 2022
in Finance
Reading Time: 3 mins read
A A
0
Home Finance
Share on FacebookShare on Twitter


The Greens & the Socialists have taken control of Germany and in the process, the strongest economy of the EU has taken a decisive directional change here in 2022 that will not merely set in motion the decline and fall of Germany, but that of the European Union as well. Once again, the Berlin Senate will discuss the issue of Bürgergeld (citizen’s allowance), which is to replace the current social benefit program Hartz IV.

The new Government has proposed reforming the support for the long-term unemployed – currently known as “unemployment benefit II” (Arbeitslosengeld II) or Hartz IV. The proposed new system scheduled to roll out in early 2023, will be called Bürgergeld, or “citizen’s allowance.” This will increase in the basic monthly benefit from €449 to €502. Additionally, the Bürgergeld will reduce sanctions for those who are avoiding employment and training meetings, which appears to have emerged since the COVID lockdowns around the world. Many appear to have enjoyed free money to stay home under COVID restrictions and have been reluctant to return to any employment. After the first six months, the benefit can be reduced by up to 30% if they refuse to take courses or work.

Clearly, COVID has altered the labor market worldwide. In Germany, the employment profile differs from that of the early 2000s, when there was mass unemployment from the 2007-2009 Economic Crisis. That is when Germany drafted Hartz IV. Germany is facing labor shortages much as we see around the world leaving many unfilled jobs. In Germany, the estimates are about 1.8 million in the third quarter of 2022 of still unfilled jobs.

Strangely, the current situation regarding the arrival of refugees in Berlin is also a serious topic. The accommodation of the refugees is becoming an increasingly difficult crisis in itself. This has only added to energy security in Berlin. Tensions are quietly rising between the Germany population v the refugees. Unlike the mass migration of Europeans that set sail to America, there were no social programs so the migration was for a better life and America was viewed as the “land of opportunity” whereas the migration into Europe and that being allowed by Biden in the United States, have been motivated be free benefits – not opportunities to work.

 

 

Our model has targeted that the German elections and the rise of the the Greens and Socialists are not concerned about the industrial production of Germany, which has been the backbone of the entire EU economy. The are far more concerned about ending the Industrial Revolution for climate change and that is fundamentally undermining the very foundation of the entire Germany economic model from post- World War II that created Germany. We must understand that Germany’s economic policy was that of the old Mercantile system meaning that they focused on producing products to sell to other countries.

 

The World According to Schwab? | Armstrong Economics

 

Kohl denied the German people the right to vote  on even joining the Euro. He insisted that there would be no consolidation of debt for that would be seen as a bailout for the irresponsible Greek, Italian, and Spanish governments. The entire German foundation was built on hard work and conservatism. But they never sought to build a domestic consumer base. They wanted to sell to the rest of Europe, which was the entire purpose behind the Euro to eliminate foreign exchange risk that would expand German production for export.

 

The move to end Climate Change is fundamentally driving a stake through the very heart of the German economy. The mercantile economic model will continue to collapse under Climate Change. The Greens and Socialists are moving forward blindly without even understanding the very core rise of the Germany economy and in the end, this will further reduce the economic footprint of the EU in the post-2024 era.

« Civil Unrest Growing in Germany Over Energy Inflation



Source link

Tags: ArmstrongdeclineEconomicsFallGermanys
Previous Post

Hertz So Good | AIER

Next Post

Some Things to Be Thankful For, Even Though Everything in Crypto Is On Fire

Related Posts

Dream Impact Trust Q3 Loss Rises

Dream Impact Trust Q3 Loss Rises

by RTTNews
November 4, 2025
0

(RTTNews) - Dream Impression Belief (MPCT-UN.TO) launched Loss for its third quarter of -C$10.30 million The corporate's backside line totaled...

With 0 bn war chest, KKR to set aside a huge share for India play

With $100 bn war chest, KKR to set aside a huge share for India play

by Euro Times
November 4, 2025
0

KKR, which has invested about $13 billion in India until date, plans to considerably scale up investments within the nation...

HSBC UK offers mortgage lending at up to 6.5 times incomes for Premier customers

HSBC UK offers mortgage lending at up to 6.5 times incomes for Premier customers

by Vicky Shaw
November 3, 2025
0

Signal as much as our free cash e-newsletter for funding evaluation and skilled recommendation that can assist you construct wealthSignal...

Russia looks to cosy up with China after Trump’s meeting with Xi

Russia looks to cosy up with China after Trump’s meeting with Xi

by Holly Ellyatt
November 4, 2025
0

On this pool {photograph} distributed by the Russian state company Sputnik, Russian Prime Minister Mikhail Mishustin (R) arrives on the...

Trump’s Deportations Are Causing Farm Labor Issues. He Hasn’t Presented a Viable, Long-Term Solution.

Trump’s Deportations Are Causing Farm Labor Issues. He Hasn’t Presented a Viable, Long-Term Solution.

by Conor Gallagher
November 3, 2025
0

Conor right here: Trump’s failure to supply a viable, long-term answer for the immigration system is nothing new; it’s been...

Soybeans Rally to Close Out October

Soybeans Rally to Close Out October

by Barchart
November 2, 2025
0

Soybeans posted features of seven to 9 cents throughout most contracts on Friday,  serving to to push the weekly acquire...

Next Post
Some Things to Be Thankful For, Even Though Everything in Crypto Is On Fire

Some Things to Be Thankful For, Even Though Everything in Crypto Is On Fire

Jerusalem slips to second-lowest socioeconomic tier

Jerusalem slips to second-lowest socioeconomic tier

NTT Inc. ADR (NTTYY) Q2 2026 Earnings Call Transcript

NTT Inc. ADR (NTTYY) Q2 2026 Earnings Call Transcript

November 4, 2025
Worker dies in Italy after rescue from partially collapsed medieval tower | News

Worker dies in Italy after rescue from partially collapsed medieval tower | News

November 4, 2025
Castle Biosciences, Inc. (CSTL) Q3 2025 Earnings Call Transcript

Castle Biosciences, Inc. (CSTL) Q3 2025 Earnings Call Transcript

November 4, 2025
Dream Impact Trust Q3 Loss Rises

Dream Impact Trust Q3 Loss Rises

November 4, 2025
Logitech is going after keyboard snobs with the hot-swappable Alto Keys K98M

Logitech is going after keyboard snobs with the hot-swappable Alto Keys K98M

November 4, 2025
The Jamaican Families Torn Apart by Hurricane Melissa

The Jamaican Families Torn Apart by Hurricane Melissa

November 4, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

NTT Inc. ADR (NTTYY) Q2 2026 Earnings Call Transcript

Worker dies in Italy after rescue from partially collapsed medieval tower | News

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In