Germany’s general state debt spiral should be a constant feature in daily headlines. Yet, preparations are underway for the approaching storm

In the first quarter of this year , global debt surged to a record high of $324 trillion .

This milestone becomes significant when compared to global GDP, which currently hovers around $110 trillion .

No modern state has ever managed to free itself from the ensuing fiscal bind once this threshold is reached.

Greece ’s national debt stood at 143% at the onset of this crisis, and it is now about 155% ..

The U.S. government is working on a broad reform program aimed at shrinking the state and providing new opportunities for the private sector.

Berlin is desperately searching for a lever to remove its only political competitor, the AfD , from the game.

It seems that Germany has sunk into a monothematic pit of ignorance, writes Thomas Kolbe .