I could probably make this a 40-line essay piece but it's just not worth that.
Over the weekend, the Finance Minister (Olaf Scholz) for Germany (an SPD Party guy)....stood up and made this comment that Merkel and her party (the CDU) needed to be in agreement with him for keeping pension changes to an absolute minimum (all the way to 2040)....otherwise, they'd end up with a "German Trump".
First, he's basically saying no matter how inflation goes....he's out to screw the little guy (something that the 'old' SPD Party wouldn't do. No one ever discusses his budget or financial background, but you have to kinda wonder about that part of his resume.
Second, his entire hype is developed around this frightful nature over populism. This guy, and his entire party apparatus....would not be where it is today, without all of these promises and guarantees....which all feed into....oh, yeah....populism. They are practically handcuffed to populism whether they like the idea or not.
Third, in the build-up to the 2021 German national election....Scholz is basically 'it' for his party. He's the Chancellor candidate that will likely come out of the remaining three years of 'talking'. It's kinda sad but the party just doesn't have anyone that stands out.
That's the basic story.....a German minister in a frightful state over the impending arrival of the German Trump.
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