Click here: to donate by Credit Card
Or here: to donate by PayPal
Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794
Thank you very much and God bless you.
Posted on 07/06/2026 5:36:41 PM PDT by delta7
Chancellor Friedrich Merz’s debt-fuelled spending not seen since Germany reunification.
Germany plans to borrow more than €800bn by 2030, breaking with decades of fiscal restraint to bring defence spending to levels not seen since the cold war.
Next year alone, Chancellor Friedrich Merz’s government plans to raise more than €200bn from markets, 12.5 per cent more than this year, the finance ministry said on Monday. Between 2027 and 2030, Germany is expected to borrow about €838bn, according to projections.
The budget marks a sharp break with the country’s deep-rooted aversion to debt and with Merz’s own party line on fiscal prudence since the spending surge that followed German reunification in the 1990s.
The additional debt will mainly fund Germany’s defence budget, which is set to reach €109bn next year and €183.6bn by 2030. Berlin also plans to provide €11.6bn in military aid to Ukraine next year.
The rearmament drive reflects mounting concern over Russia and US President Donald Trump’s willingness to scale back America’s military commitment to Europe…
(Excerpt) Read more at ft.com ...
|
|
Click here: to donate by Credit Card Or here: to donate by PayPal Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794 Thank you very much and God bless you. |
So it’s 80 billion dollars.
“Vlad wins in a landslide….”
Of course. He adores Stalin.
“Those who vote decide nothing. Those who count the vote decide everything”
Borrow from who?....................
Read the article, much more.
“ Berlin amended the country’s constitutional debt brake to exempt defence spending, allowing it, in effect, to borrow without limit for military purposes...”
Germany amended their constitution to wage war with Russia. They are now entering the dreaded debt death spiral. No tears.
I seriously doubt that Putin is happy that instead of his invasion cowering Europe, it has instead enlarged NATO and woke it up and set it on a massive and deep military buildup and modernization course and weakened his strategic position.
Historic shift? Haven’t they done this before?
Borrow from who?
————
Good question, they don’t have a Federal Reserve to print, print, print…but instead the EU Central Bank, they will borrow ( print) into oblivion effecting ALL the EU member states.
Throw in the other fact I posted often, the EU is in negotiations with the IMF for loans, like a third world nation…..the dreaded debt spiral x 2. Bye, bye.
Baby! Baby!... Why does he say this “baby”? The Führer has never said “baby”. I did not write, “baby”. What is it with this, “baby”?
“like a third world nation…”
I was recently in Europe. No gas lines. Plenty of toilets.
How are things is your Russia?
Looting and Supply HubsWidespread
Theft: Independent media outlets, including Mediazona, tracked tens of metric tons of looted goods shipped by soldiers back to Russia.
Items Shipped: Soldiers frequently target plumbing fixtures, washing machines, electronics, and clothing.Belarusian Hubs: Early in the full-scale invasion, security footage emerged showing Russian forces using shipping offices in Belarus to mail stolen plumbing home.
Economic FactorsLack of Plumbing: According to data cited by The Moscow Times, roughly 20% of Russian households lack indoor plumbing, and nearly two-thirds of rural residents do not have access to an indoor toilet.
Resale Value: Soldiers from impoverished regional republics often treat plumbing hardware as luxury goods to use or sell for extra cash.
https://www.google.com/search?q=russian+soldiers+selling+toilets
“springtime for Hitler “ is one oft he best movie ever made.
wish you could show it here.
set it on a massive and deep military buildup…
—————
Exactly how Reagan bankrupted Russia way back in the 90’s. Don’t you people study history?
Thank God Trump pulled us out of the Ukie quagmire.
Before Russia invaded Ukraine, Germany was spending about 1% of GDP on national defense. Now Germany is budgeting 3.5%. To paraphrase Admiral Yamamoto, Hey, Vladimir, you’ve awakened a sleeping giant.
“Good question, they don’t have a Federal Reserve to print, print, print”
AI Overview
Russia has significantly increased the issuance of rubles to cover massive wartime budget deficits and finance state-owned corporations. Economists have tracked large-scale money creation by the Central Bank of Russia, with reports indicating that 8.2 trillion rubles (over $90 billion USD) were issued during the initial years of the Ukraine conflict.
While this “printing press” strategy allows the Kremlin to fund the military and maintain the appearance of short-term financial stability, it carries severe long-term risks. Pumping massive amounts of unbacked money into an isolated economy threatens to fuel inflation, erode the ruble’s purchasing power, and potentially trigger a deep financial crisis.
https://www.google.com/search?q=russia+printing+massive+rubles
Weimar hyperinflation: some lessons to be learned.
https://theothereconomy.com/en/articles/weimar-hyperinflation-some-lessons-to-be-learned/
History repeating…and the German citizens are already at a breaking point.
Don’t be stupid.
Be a smartie.
Come and join the Democrat party.
After WWI, Germany borrowed money from France, Britain and the U.S. Congress passed the Dawes Act in 1924 to allow Germany to borrow money from U.S. banks to help with reparation payments, their economy and infrastructure. They never paid any of it back.
War has been planned and is coming.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.