Germany's economic debacle will drag on over the current decade and thus become the sinker of the eurozone. It is the receipt, and Canada confirms this thesis, for a policy that has systematically turned its back on market-based management of scarce resources. The latest addition to the euro socialists' toolbox is the gradual transformation of the economy into a war economy in the wake of the Russian crisis.

After Germany has already largely converted its energy industry to state control, Berlin and Paris are now working on boosting the European armaments sector with state funds and making it a veritable player in the euro economy. These are the always wrong recipes that are supposed to suggest to people that state interventionism will create new jobs, create added value and help stabilize the social systems, which have long been oversized, in the long term. It is a losing strategy that always ends up in major social crises.