THE INVISIBLE GERMAN WALL: DEBT

OVER THE PAST DECADE AN INCREASING NUMBER OF GERMAN INDIVIDUALS AND SMALL- TO MIDSCALE COMPANIES HAVE HAD TO DECLARE INSOLVENCY APPLYING FOR SOCIAL AIDE. IN MANY CASES DEFAULTS AND BANKRUPTCIES HAVE NOT STEMMEND FROM EXCESSIVE CONSUMPTION ON CREDIT BUT HAVE BEEN BORNE ON LEGAL FINANCIAL OBLIGATIONS AND LEGAL PENALTIES IN DUE COURSE OF JOBLESSNESS, ILLNESS AND DIVORCE SURPASSING INDIVIDUAL FEASIBILITY. REPORTEDLY, THE PHENOMENOLOGY OF THE CONSPICUOUSLY INCLINING NUMBER OF WORKING POOR, CONTINGENT WORKFORCE AND UNEMPLOYED PEOPLE HAS CORRELATED WITH SUFFICIENT EVIDENCE POINTING AT GERMANY’S MOUNTING OFFICAL AND OF COURSE, EXTERNALISED HOUSEHOLD DEBT HAVING DISCREETLY SUBDUED ITS DOMESTIC ECONOMY IN TERMS AND CONDITIONS OF INCREASING TAXATION, SOCIAL BURDEN AND DECREASING FULL-TIME EMPLOYMENT RATES. MOST PIVOTALLY, BUDGET CUT BACKS HAVE AFFLICTED INVESTMENTS IN PRIMARY EDUCATION. IN SUMMARY, SURGING AND CORRELATING TRENDS OF JOBLESSNESS, SOCIAL DEPENDENCE, CASES OF INSOLVENCY AS WELL AS MATTERS OF TRIAL AND PENALISATION IN GERMANY, ARE SOONER OR LATER TO PUT ONE THIRD OF GERMANS IN WARD OF LABOUR OFFICES, BANKRUPTCY COURTS AND TRUSTEES, PAROLE OFFICERS AND PSYCHOTHERAPEUTS – CONGRATULATIONS: BRAVE NEW GERMANY.