It came out today via the German Finance Ministry....that between now and 2023 (five years of commerce)....they expect 124-billion less Euro to be generated for state and federal government taxes.
It's a fair sum of money (figure 25-billion less a year) and it will cause a ripple affect for various programs and 'gifts'.
A German recession? Around six to nine months ago.....the warning went out that a recession would start in 2019. Screwing up the various social programs? Yes, and that will translate into various issues for the 2021 election (where Merkel is finally gone).
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