How CIA Created Modern Germany
How CIA Created Modern Germany
On February 4th, The Economist published a devastating analysis – or perhaps, “pre-mortem” – of the collapse of the German Social Democratic Party (SPD) under Olaf Scholz’s stewardship. Elected in what the Western media contemporaneously branded a “shock” result in September 2021, hopes for his coalition government in many quarters were high. Today, he enjoys the worst approval ratings of any Chancellor in modern history, and national opinion polls place SPD approval at 15% or lower.
The Economist frames Scholz’s collapsed fortunes, and the prospects of his party’s imminent extinction as a serious force within German politics, as a microcosm of Berlin’s declining economic and political clout more widely. It notes that the nation’s finances have gone “limp” during his tenure, with business-sector confidence collapsing, and record inflation destroying citizens’ incomes and savings. Other sources have detailed the country’s “deindustrialization,” Politico coining the nickname, “Rust Belt on the Rhine.”
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