60 Billion decline
As a result of weak investment, the local authorities’ fixed assets
decreased by EUR 60 billion between 2003 and 2015.
According to
a survey, the total observed backlog amounted to
EUR 136 billion in 2015, EUR 4 billion more than in preceding year.
Maintaining the capital stock at the same level requires a permanent
increase in spending by at least EUR 4 billion. In order to reduce the
backlog, the additional investment would need to rise to close to
EUR 8 billion.
Such a rise is not possible , since Germany has failed to
ensure that all revenue sources are applied to its growth ,
and that of the EU.
Specifically , since German South West Africa, was
handed to Namibian/’political rainbow elements’,
Germany has lost International credibility, and vast revenues
from the diamonds mined in the region since the
implementation of UN SCT 235.
EU Forecast
euf:b18:10/nws-01