Sunday, November 29, 2020

Tag: Part 15: Germany’s Merkel Demoted To Figurehead

Why We’re Ungovernable, Part 15: Germany’s Merkel Demoted To Figurehead

by John Rubino, Dollar Collapse:

You don’t see “Germany” and “ungovernable” in the same headline very often. But that might be about to change, as Chancellor Angela Merkel, for the past decade the central pillar of Europe’s Establishment, loses influence both at home and abroad.

First came a wave of populist (read anti-euro, anti-austerity, anti-immigration) gains across Europe, culminating with an actual victory in Italy’s most recent election. Then came the rise of Germany’s own populist movement, Alternative for Germany, or AfD, which has become a legitimate power in some parts of the country.