“The Financial Gourmet” Podcast: “Germany’s fat years are over” – Flossbach economist in the Financial Gourmet Podcast

Gunther Schnabl's remarks in the Finanzgourmet podcast are unusually clear. The professor and director of the Flossbach von Storch Research Institute sees Germany facing a historic turning point – and the signs point to a storm. His thesis: Germany has abandoned the social market economy since the turn of the millennium.

What drives one of the country's most renowned economists to make such dramatic statements? Schnabl reveals his disastrous political decisions, disastrous monetary policy, and why he has long since stopped investing his own money in German government bonds.

Red alert for Germany: How the economist thinks about our future

Particularly explosive: his assessment of the new Merz government is devastating. The planned trillion-euro debt package? A "regulatory policy disappointment." But where others despair, Schnabl also sees opportunities – in surprising places.

What has shaped him? Why does he collect art from the Leipzig School? And why does he rely on Bitcoin instead of a savings account? A conversation that highlights what's coming to Germany.