"My friends, we just need America to pay for what we want...." Ja wohl!
Posted on 09/22/2025 6:44:32 PM PDT by MinorityRepublican
Chancellor Friedrich Merz has admitted that Germany has been 'living beyond its means for years' with experts now warning that the country could face ruin without economic reforms.
The conservative German leader has caused uproar after declaring that the country could no longer afford the cost of its pensions system, which has soared to more than 31 per cent of GDP - one of the highest levels in Europe.
Merz also warned of a 'profound epochal break' and the need for 'painful' austerity measures to guarantee that young Germans would have any future prospects.
Economic adviser Marcel Fratzscher, who also heads the German Institute for Economic Research, said the government must tackle a €400 billion-a-year pensions bill that is already expected to rise in the next 10 years.
His remarks come as the economics ministry last week said in a report that the German pension system was 'dysfunctional' and a 'grave' threat to the economy, and predicted that by the middle of the next decade there will be one pensioner for every two people of working age.
Economics minister Katherina Reiche added that there was a 'profound and urgent need for reform' to ensure that Germany could afford its pensions.
However, Bärbel Bas, his Social Democratic Party labour and social affairs minister, called Merz's claims 'bulls**t', while the President of Germany, Frank-Walter Steinmeier, hailed the welfare state as a 'treasure' and a 'resource that has made our country what it is' but acknowledged that the 'system is cracking'.
It also comes after it was revealed earlier this year that Germany's economy had shrunk for the second year in a row in 2024, preliminary figures showed.
(Excerpt) Read more at dailymail.co.uk ...
Kick out the Muslims.
We foot the bill for their military for decades.
Need to stop being the world’s sucker as we can’t
afford it.
Germany needs more money. That’s not a good thing historically.
Well… this is not good news for the German citizenry…..
LOL! Really?!
No mention of the consequences of the U.S. blowing up their gas pipeline.
Trump will address the UN tomorrow. What will he say? Move the UN to Brussels? We need a divorce from this drunk woman.
Wait,you mean the US has not? Scotty, beam me up!
.
Whats the mystery? To fund those pensions you need a viable growing economy and a vital growing workforce. Germany has voluntarily crippled its energy sector and does not even have a replacement birth rate…. And the immigrants they have been bringing in aren’t designing BMWs or working for MBB or ABB or Siemens.
As for the seniors who have paid in all their working lives …. Sorry!
Importing the equivalent of a small country of muzzies to go on welfare and destroy the host like the parasites they are, seemed like a good idea at the time...
"My friends, we just need America to pay for what we want...." Ja wohl!
They asked the Turks to come in the fifties. Some of them are third generation they’re not leaving. Then Merkel opened the floodgates…. And these are mostly welfare lifers who won’t work…
No mention, it seems, of the mistake of the Green Scam, either. I suppose their plan is to continue.
That works for me!
Can’t just tax the billionaires?
Maybe we can get the Israelis to convince President Trump that Iran is building nuclear weapons in the UN building in New York. Davis too when the WEF is in town. Well placed JDAMS and bunker busters could solve a lot of problems.
Davos.
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