The European economic powerhouse is transforming into a bureaucratic black hole, with shocking new data revealing the true cost of Germany's regulatory addiction. Since 2011, Berlin's paper-pushing paradise has ballooned compliance costs to a staggering €30B annually - that's 0.7% of GDP literally burned on red tape.
Berenberg Bank's analysis exposes the brutal acceleration: €14B in one-off compliance costs (2021) skyrocketing to €21B (2023). The regulatory tsunami shows no signs of slowing, regardless of which flavor of statism is in charge - from "free market" liberal-socialist FDP to Green rainbow stalinists.
While Asian tigers and American entrepreneurs innovate, German businesses drown in forms. This isn't just bureaucracy - it's economic suicide by paperwork.
If only they had waited a couple more years to destroy the economy, they could have disguised the whole thing with Covid.
But Covid really hit the german desire to kneel down before godfather state
Germany has long had the reputation of being the most bureaucratic in the UE, it's like a sick addiction
The state is the new religion
German is really falling.
They deserve it after moralizing the world to death