Wednesday, November 15, 2023

That Court Ruling And Chaos

 Well....it is interesting what the Constitutional Court of Germany said today.  The 2nd budget worked up in 2021, and under the control of the SPD-led coalition....was designed for Covid 'losses'.  When Covid came to a close....the coalition then said the leftover money (amounting to 60 billion Euro)....was to be spent on two things....climate change stuff and the bucket of infrastructure (railway stuff, charging stations, semiconductor industry, etc).  

What the court said was....no, it was designed for Covid...so either you spend it on Covid or retrack it entirely back into the revenue bucket.  Then you could build a new budget from scratch. 

What happens now?  Some part of this money has been spent (minor amount is what the news folks say).  So it's not the end of the world.

All that stuff they promised?  Well....it won't happen.

The odds that this situation will collapse the government?  That chatter has been going on all afternoon.  Certain journalists feel that the Green Party is peeved at how this came in such a negative way.  

Top topics for the next ten days?  This court action and the 60 billion Euro left on the table.  

If the coalition fell apart?  I would imagine the SPD would try to talk the CDU-CSU into a partnership....where they'd say fine, but we want the Chancellor-chair, and I can't see the SPD agreeing to that.  In this scenario, another election would occur in roughly sixty days (roughly mid-January).  

In that scenario, I'd say with zero doubt that the CDU-CSU Party would get 30-percent minimum and 'win'.  Partner?  Well....then it gets messy, because they can't partner up with the AfD, and it's a 3-way partnership....meaning an awful weak gov't.  

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