I notice in this morning’s news headlines that Germany’s national elections yesterday resulted in a stalemate, with neither of the two coalitions on the ballot gaining a clear majority. The impact of this situation on the world’s markets notwithstanding, I’d like to think that das deutsche Volk have done the rest of the world a service by sending the message “we’re sick and tired of politics and don’t really give a damn who governs this country; after all, it’s not like any of these politicians have our interests at heart and are going to rule according to the will of the people anyway. Just look at fact that they wouldn’t let us hold a referendum on EU membership.” My own experience has always been that no matter how they label themselves politically, the average German has always been a Eurosocialist at heart. But maybe, just maybe, the fact that the rest of Europe expects the German economic powerhouse to sustain and subsidize the rest of the EU is finally dawning on the average German voter, who has only to look at his own wallet and prospects for sustained employment to know that this is a losing proposition. I certainly don’t expect the average German to undergo an evangelical conversion to Austrian School economic philosophy, particularly since the average German (indeed, the average European) is as economically benighted as his American counterpart. However, it looks like the German voter has finally worked up the courage to say that the gravy train has pulled into its last station, that neither political faction has captured the confidence of the voting masses, and that government gridlock may not be such a bad thing after all (could it be that they’re finally learning something useful from American politics?). Whatever the ultimate outcome, it would be interesting to see if the German politicians (or the rest of Europe) take note and start changing their way of doing business.