The law that requires the economy to shrink

A bizarre new regulation from the EU commits Germany to in effect shrinking its economy by the end of the decade.

Photo by Johann Siemens on Unsplash

Dear Reader,

Back in March, Olaf Scholz was waxing lyrical about the promised land of “green” technologies that would bring about an economic boom not seen since the Wirtschaftswunder of the 1960s.

Given that Germany is the only major country that actually got poorer over the past twelve months, there has been much mock…