No end to austerity yet
Although almost 500,000 companies have already registered for short-time work, and therefore eight million short-time workers are to be expected, the government (Altmaier and Scholz are doing particularly well) insists on its whitewashing and is skimping on the billions. KfW loans, if they are granted by the banks at all, are of no use to most companies. And who is supposed to buy the goods when the production cycle starts up again but the majority can only afford the most necessary. The loss of earnings reduces the purchasing power so much that broad masses are thrown back to the subsistence level ...
Although almost five hundred thousand companies have already registered short-time work, and therefore eight million short-time workers can be expected, the government (Altmaier and Scholz are particularly outstanding) insists on whitewashing and skimping on the billions. KfW loans, if granted by the banks at all, are of no use to most companies. And who should buy the goods when the production cycle starts again, but the majority can only afford the bare essentials. The loss of earnings reduces purchasing power so much that broad masses are thrown back to the subsistence level. Such widespread pressure on wages is actually the dream scenario of many economic policy makers and monopolies. So public investment will continue to be cut back, the billions will be withdrawn from the healthcare system, public administration will be reduced and the energy supply privatized, climate protection will get under the wheel, Kretschmann will find the right words for it, he bought demonstratively at the height of the diesel crisis a diesel car. Ms. Esken, on the other hand, now made the tentative attempt to hand over the property, but was immediately ironed out by her own party. But the AfD will not tolerate them in an emergency government anyway.
Even though austerity policy has failed so catastrophically, it is only now that the masses are becoming impoverished. You can still numb the masses, declare a flu wave a pandemic and frighten the people with the display of coffins. The general public will gradually understand that the flu wave was only the last drop that overflowed the barrel. And the Southerners will also no longer bow to the German dictation.
Conte only gave the curfew a short respite; if he does not launch Eurobonds quickly, he will be replaced. And if France joins the call for the bonds, but the Germans want to assert their right to rule, the euro will really be at an end.