Germany’s financial system is collapsing – how the federal government has been pushing back federalism for years
Between 1913 and 2024, financial power in Germany shifted significantly to the federal government, and according to an analysis by the Institute for Conservative Economic Policy, this fundamentally altered federalism to this day. The restructuring affected the Reich/federation, the states, and municipalities simultaneously, while the state assumed an increasing number of tasks, expenditures, and regulatory […]















