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By Mish Shedlock of MishTalk

For the first time in EU history, Germany is at the forefront of immigration suspension. Other EU countries will follow.

Image notes, I created the image using Grok, then modified the image in Photoshop to add German text, hopefully contextually accurate.

Schengen Zone

The Schengen Area (English: /ˈʃɛŋən/ SHENG-ən, Luxembourgish: [ˈʃæŋən]) is an area encompassing 29 European countries that have officially abolished border controls at their mutual borders.

Immigration Crackdown

Reuters reports Germany Tightens Controls at All Borders in Immigration Crackdown.

“We Can Do This”

Does anyone recall Chancellor Angela Merkel’s comment on immigration? For discussion, please see my September 5, 2016 post Merkel humiliated in 3rd Place Finish to AfD in State Elections; Irony of the Day

Peak Merkel

Also recall my June 15, 2018 post Merkel Coalition About to Collapse Over Immigration: Peak Merkel Revisited

No Longer Wanted

We have gone from “We Can Do This” to “No Longer Wanted”

From Eurointelligence …

Friedrich Merz is leader of the CDU and leader of the opposition to the current Traffic Light Coalition: Social Democratic Party of Germany (SPD), the Free Democratic Party (FDP) and the Greens, (red, yellow, green) respectively.

No Change in Current Laws

Schengen is enshrined in treaty. No country will propose any changes.

Instead, every county will ignore the treaty on grounds of a “higher law”.

Higher Laws

Given there are now higher laws than the EU treaties, I have a question:

When does France or Italy say the same thing about budget rules? Such logic could finally spell the end of EU and Eurozone Monetary Union (EMU) rules.

Meanwhile, back in the states ….

More Americans Call Volume of Immigrants a ‘Critical Threat’

The Washington Post reports More Americans Call Volume of Immigrants a ‘Critical Threat’

“Mood on Main Street Darkens”

In the US, NFIB “Mood on Main Street Darkens” Small Business Optimism Dips

The July jump in small business optimism momentum lasted precisely one month.

What Are the Odds of Recession?

In case you missed it, please see The McKelvey Recession Indicator Triggered, But What Are the Odds?

Many eyes are on the McKelvey recession indicator. Too many? That would probably be the case if everyone believed it.

Heck, most of my own readers don’t seem to believe it. I have the odds well over 50 percent that a recession is underway. Click on the above link for discussion.