The new chancellor has contacted Poland and France about enacting a state of emergency because of immigration. Sending more police to the border and will be turning away asylum seeker because they are coming thru safe countries where they can apply.

quote:

Originally posted by fischtown7:
Today the agency rescinded the labeling of the AFD, wonder if the new Chancelor had anything to do with it.

I believe it’s called “reading the room”. When a party with this much public support is attacked, the majority that voted for them might just get a little… difficult.

Germany Reverses Designation of Populist Party as ‘Right-Wing Extremist’ Following Lawsuit, Pressure from Trump.

https://thenationalpulse.com/2...pressure-from-trump/

The German domestic spy agency has suspended its labelling of the populist Alternative for Germany (AfD) party as a right-wing extremist organization following pressure from the Trump administration and a new lawsuit. The Federal Office for the Protection of the Constitution announced it would be suspending the classification on May 8 until a court decides on the outcome of the pending lawsuit.

The AfD is appealing the classification at the Cologne Administrative Court to reverse the spy agency’s decision. If the court does not rule in favour of the party, the spy agency will be able to surveil party members and use informants to infiltrate it at scale.

Following the announcement from the spy agency, AfD leaders Alice Weidel and Tino Chrupalla both claimed it as a victory, though the move will only become permanent after a ruling.

“We are defending ourselves with all legal means against the upgrade by the Federal Office for the Protection of the Constitution,” the pair said in a statement. Their party placed second in Germany’s recent federal elections, and it is the leading party in several areas, particularly in the former East Germany.

Along with the lawsuit, the move comes after the German spy agency was widely criticised by members of Donald J. Trump’s administration, including Secretary of State Marco Rubio. “Germany just gave its spy agency new powers to surveil the opposition. That’s not democracy—it’s tyranny in disguise,” Rubio said.

Germany’s Fiscal Suicide
By Thomas Kolbe

Germany’s general state debt spiral should be a constant feature in daily headlines. Its prominence should force policymakers into a radical fiscal turnaround. Yet while Germany is working under immense pressure to ban the AfD, forming alliances with left-wing extremists and eroding the political culture, on the other side of the Atlantic, preparations are underway for the approaching storm.

We live in record-breaking times. In the first quarter of this year, global debt surged to a record high of $324 trillion. This milestone becomes significant when compared to global GDP, which currently hovers around $110 trillion. Governments worldwide now owe 100% of GDP -- an alarming reality, as no modern state has ever managed to free itself from the ensuing fiscal bind once this threshold is reached. Debt levels of 80-90% mark the "point of no return."

The Tipping Point of the Debt Spiral

At this scale, debt reaches a critical mass. It inevitably forces an escalating debt service burden that drains scarce capital from the private sector to finance bloated social funds, ultimately leading to the same scenario we faced 15 years ago during the last severe sovereign debt crisis. Back then, Greece’s impending default sent shockwaves across credit markets. Central banks intervened with trillions, and governments stepped in to rescue debt-laden pension funds and banks with taxpayers' money.

Greece’s national debt stood at 143% at the onset of this crisis, and it is now about 155% -- no debt consolidation has occurred. The southern European countries are, quite frankly, sinking into a swamp of debt. Italy, with 140%, Spain at 120%, and France’s budget deficit at 7%, leave much to be desired. On average, the EU’s debt-to-GDP ratio is now approaching 95%, closing in on the global benchmark of 100%.

Bond Vigilantes Lurk in the Markets

We must now prepare for the moment when a tipping point in bond markets triggers a series of sovereign defaults. This will occur when a growing crisis of confidence among investors, banks, and investment funds translates into a sell-off cascade in the bond markets. Let’s keep an eye on interest rates: if they rise with high volatility and market volume, general unrest is on the horizon. We have already witnessed the emergence of "bond vigilantes" this year -- critical bond investors who pull the plug when debt levels rise. On the day it was announced that Germany would borrow about a trillion euros over the next four years and issue corresponding bonds, the interest rates on German bonds surged by more than 40 basis points.

This was a quantum leap in typically sluggish bond markets, particularly for the highest-rated bonds, such as those issued by Germany (still considered a safe bet). And it served as an unmistakable warning shot from the bond vigilantes: "Up to here, and no further!" Under Chancellor Friedrich Merz’s fiscal policies, Germany’s national debt would rise from 63% to 95%. Germany would join the ranks of high-debt nations -- without reason and without economic logic.

Friedrich Merz, who stumbled into office as a "fiscal expert," would be responsible for the largest debt binge Germany has experienced since World War II. It would also be his doing if Germany’s already shaky fiscal consensus, previously undermined by the Ampel coalition government, completely collapsed. The principle of only incurring debts that can be controlled by a strong economy would disappear entirely.

The Economy in Crisis

As for the state of this economy, which has been in a perpetual recession for three years, it is well known: €65 billion in direct investments fled abroad last year alone, seeking refuge from Germany’s burgeoning welfare state and its increasing regulatory burden and tax appetite. A significant portion of these investments likely found their way to the United States -- still viewed by global capital as the last bastion of economic freedom and entrepreneurial resilience.

In these days, Germany is politically isolating itself. On the geopolitical front, no one cares that Berlin is raising the firewall against the AfD. The moral gymnastics of German politicians and media resonate mostly in Brussels, where the same agenda is followed and political opposition is harshly confronted, as seen in Romania and Hungary.

More important matters are at hand: for example, the trade dispute with the U.S. Just two days ago, India made a first move, largely unnoticed in the media, offering the Trump administration to eliminate all tariffs on industrial metals and automobiles. New Delhi is seeking the first-mover advantage and positioning itself as a strategic partner of the U.S. in Asia. This could lead to industrial growth and domestic political stability -- something worth building upon!

USA: Tax Cuts on the Horizon

Meanwhile, in the U.S., a major round of tax cuts is on the horizon. And it’s not just about the successful campaign slogan, "No Tax On Tips" (in the U.S., campaign promises are taken seriously). The U.S. government is working on a broad reform program aimed at shrinking the state and providing new opportunities for the private sector. Regulations are being rolled back, and unnecessary budget items are being eliminated -- proof that America, unlike Europe, still holds the political will to fight Leviathan before it devours the republic. The Department of Government Efficiency (DOGE) has already proven a success: the octopus-like media machine is being systematically dismantled, and propaganda vehicles such as USAID are being axed.

While Washington prepares for the approaching sovereign debt crisis and works on the revival of its own industry -- and a debt crisis is inevitable given the dynamics of credit markets -- Berlin is desperately searching for a lever to remove its only political competitor, the AfD, from the game. It seems that Germany has sunk into a monothematic pit of ignorance. Whether it's the collapse of the automotive industry, the burgeoning migration crisis, or the growing hyper-state with an extraordinary state share of 49.5% -- nothing can free Berlin from its discursive AfD prison.

In Berlin’s ideological bubble, daily crises are ignored in favor of moral crusades -- an ominous lesson for any free nation tempted to follow the same path.

https://www.americanthinker.co..._fiscal_suicide.html