Is it still ‘Deutschland, Deutschland über alles?‘ Germany experienced revolutions in 1848 and 1918. Both failed. Should 'Germans' come to the point of considering another one then the only revoulition that matters to it, and to the world is the one that sees enlightment, common sense and rationality finally realise that it’s time for socialism above all.
Peace dividend bad for military-industrial complex.
‘European military stocks have tumbled, defying broader positive market sentiment, as traders assessed the White House meeting that brought fresh hope for a Ukraine peace deal.
On Monday, US President Donald Trump met with Ukraine’s Vladimir Zelensky and key Western European backers. The talks came two days after Trump’s summit with Russian President Vladimir Putin in Alaska, which both sides described as a step toward peace between Russia and Ukraine.
The STOXX Europe Total Market Aerospace & Defense Index fell 2.6% as traders viewed the ongoing negotiations as a chance to take profits following a strong rally in the sector. Shares in Italian defence firm Leonardo and Germany’s Hensoldt were down 10.1% and 9.5%, respectively. German defence supplier Rheinmetall and tank components maker Renk also declined 4.9% and 8.2%, respectively.
“Any de-escalation of tensions between Russia and Europe, and talk of spending more on US equipment, is negative for these companies,” Craig Cameron, head of European equities at Franklin Templeton, told the FT.
According to analysts, shares in defence groups could be seen as a rough indicator of progress in the Ukraine peace talks, as military supplies tend to benefit from ongoing conflicts.
European defence stocks surged in the first half of the current year, driven by Germany’s announcement in March that it would ease its strict debt limits to enable a new wave of investment in defence and infrastructure, amid growing concerns that the US may scale back its role in European security and the Ukraine conflict. The EU also launched a $900 billion defence industry drive to militarise its economy citing an alleged Russian threat as a key reason for the increase.’
Conscription.
More about conscription in Germany which was previously referenced in SOYMB in July.
https://socialismoryourmoneyback.blogspot.com/2025/07/militarism.html
‘The German cabinet has approved a draft law introducing voluntary military service for teenagers as part of a wider militarisation push by officials who have repeatedly claimed that Berlin must be “ready for war” by the next decade.
German Chancellor Friedrich Merz vowed to turn the Bundeswehr into the “strongest conventional army in Europe,” in a speech delivered less than a week after the world marked the 80th anniversary of the fall of the Third Reich in May. President Frank-Walter Steinmeier stated in July that volunteer enlistment alone may not suffice to achieve that goal.
During a special session held in a secure bunker at the Defence Ministry in Berlin, the German cabinet approved a new program targeting up to 40,000 young recruits annually by 2031.
“The Bundeswehr must grow. Only then is deterrence against Russia truly credible,” Defence Minister Boris Pistorius claimed, repeating the NATO talking point about a looming Russian attack. Moscow has dismissed this speculation as “nonsense.”
The plan would require all 18-year-old males to complete a questionnaire assessing their willingness and fitness to serve beginning in January 2026. The questionnaire would be optional for women. Selected candidates would undergo a minimum of six months of basic training. The initial intake is capped at around 20,000 recruits next year due to logistical constraints, with gradual expansion planned over the next six years.
The legislation also includes a mechanism for a potential return to universal military conscription, which was suspended in 2011, but critics have demanded automatic reactivation of the draft should the voluntary scheme fail to deliver sufficient numbers. The plan must still be approved by the Bundestag and will not be passed without “significant changes,” according to ruling CDU/CSU defense spokesman Thomas Erndl.
Since the escalation of the Ukraine conflict in early 2022, Berlin has significantly increased military spending and has become the second-largest supplier of arms to Kiev after the US. Ukraine used German Leopard tanks in its incursion last year into Russia’s Kursk Region – the site of the largest tank battle of WWII.
Russian Foreign Minister Sergey Lavrov said in late May that Berlin’s “direct involvement in the war is now obvious,” warning that “Germany is sliding down the same slippery slope it already followed a couple of times in the last century.”'
Unemployment up.
‘Unemployment in Germany has risen to its highest level in a decade, official figures released showed. The labour report comes as the country's faltering economy risks contracting for a third consecutive year.
The figures showed the number of unemployed individuals having topped three million in August for the first time since 2015. The month-on-month increase came in at 46,000 to put the tally at 3.02 million in seasonally unadjusted terms, or 6.4% of the population.
Federal Employment Agency chief Andrea Nahles blamed the labour market struggles on Germany’s weak economy. The EU’s largest economy shrank by 0.2% in 2024 after contracting by 0.3% in 2023. This year, following a 0.3% expansion in the first quarter, output fell by 0.3% in Q2 as uncertainty grew over new US tariffs. The International Monetary Fund recently warned that Germany could face a third consecutive year without growth.
Germany’s economic downturn has coincided with Berlin’s decision to halt imports of low-cost Russian energy, which was vital for its industry. European gas prices rose sharply after Russian pipeline deliveries largely stopped and the Nord Stream pipelines were sabotaged later that year. Before the sanctions, Germany sourced 55% of its gas from Russia, but has since shifted to pricier liquefied natural gas (LNG) imports from the US and Qatar.
Chancellor Friedrich Merz admitted last week that Germany is facing a “structural crisis” rather than temporary “weakness” and said that steering the economy toward growth has proven more difficult than expected. Key industries such as the automotive segment “no longer truly competitive,” he added.
The country's automotive sector has shed more than 51,000 jobs just in the past year alone, according to recent data.’
War not butter.
‘Germany’s welfare state is no longer financially sustainable, Chancellor Friedrich Merz has warned, citing mounting financial constraints.
Merz made the remarks during a speech to fellow Christian Democratic Union (CDU) members in Osnabrueck, a city in Lower Saxony that is home to carmaker Volkswagen.
“The welfare state as we have it today can no longer be financed with what we can economically afford,” Merz said, calling for a fundamental reassessment of the benefits system. He noted that welfare spending hit a record €47 billion ($55 billion) last year and continues to rise this year.
Social welfare outlays have surged and are expected to climb further this year as Germany’s population ages and unemployment rises. The country provides a wide range of support measures, including housing and child benefits, unemployment payments, family allowances, and subsidies for the care of the sick and elderly. But with the economy stagnating in 2025 under both structural and cyclical pressures, the burden on the system is growing. While most benefit recipients are German citizens, a significant share are foreign nationals.
In the same speech, Merz said Germany was experiencing a “structural crisis” rather than a temporary weakness, conceding that putting Europe’s largest economy back on track has proven more difficult than he anticipated. Once the EU’s economic powerhouse, Germany’s economy has slowed sharply since 2017, with GDP rising just 1.6% compared to 9.5% for the rest of the Eurozone.
Merz’s warning came as official data showed Germany’s economy contracted by 0.2% in 2024 after a 0.3% decline in 2023, marking the first time since the early 2000s that Europe’s largest economy has shrunk for two consecutive years. Industrial production fell during Olaf Scholz’s tenure and has continued to weaken under his successor, with GDP dropping 0.3% in the second quarter of 2025, according to the latest data from Germany’s statistics office. The downturn has been driven by high energy prices, elevated interest rates and a shortage of skilled labour.’