Exploiting the south via the imbalanced currency union doesn't work anymore now that their economies can't swallow more debts to buy German stuff, China and the USA are not buying anymore and decades of underinvestments have caught up. It wouldn't be surprising therefore to see the German government fall backs to the only trick they know: constraining wages and limiting consumption. If I was particularly cynical, I could even argue that this youth conscription is fundamentally yet another form of wage suppression but I genuinely think it's a political coup to please the old voters who want something done for defence, preferably with no impact to them and their savings and don't care at all about the young.

At least, the current government tried relaxing the debt brake a little and investing but I fear it's too little, too late. Germany is hooked to competitiveness shortcuts at the expense of their neighbors. The cure would be harsh. Add the quasi-religious adherence to a completely broken economic model turned into an absurd moral system and I personally have very little hope to ever see the situation improves. Then again, I have too moderate my cynicism. I thought for a long time that the eurozone creation, a currency union without transfers, was so stupid it would never be toppled as the worst political decision but then Germany passed the Schuldenbremse. They might manage to outdo themselves once again.

I'm convinced the status quo will prevail. The German public will prefer slow death to any kind of transfers and common investments. They have already blocked the interesting parts of the Draghi plan. Japanification here we come. Let's enjoy becoming Disneyland while we slowly lose any kind of international relevance. I mean at least there most likely will be catering to the elderly and maybe crafting luxury goods as an alternative to tourism. At least, our brightest should be able to leave to places where innovation still happen. Such an exciting future Karlsruhe is leading us to.

I'm just sad my country is tied to the sinking ship.