The anti-immigration and anti-EU Alternative for Germany (AfD) party looks set for a record-breaking election, with around 21% of voter support according to surveys.
However, this is not expected to be enough to become the largest party. Instead, the Christian Democratic Union (CDU) is expected to be the clear frontrunner and former BlackRock boss Friedrich Merz will be the country’s next chancellor.
Tomorrow, Germans go to the polls again after a long period of domestic political turbulence. Popular discontent is widespread against the ruling Social Democratic Party (SPD), which is expected to have a disastrous election and end up with somewhere around 15%, more than 10 percentage points less than when it took power in 2021.
Despite the best efforts of the German authorities, security services and political establishment to discourage, smear and demonize the AfD, support for the party has continued to grow. It is expected to win more than one in five votes and become the country’s second largest party by a wide margin.
However, according to the polls, it will be the Christian Democratic establishment party CDU that will “win” with around 30% of the vote – about six percentage points better than the 2021 election.
A representative of the elite?
The party is led by Friedrich Merz, who has a background as chairman of BlackRock in Germany – the world’s largest asset manager, controlling assets worth almost $12 trillion last year.
Merz, who is expected to become Germany’s new chancellor, has been richly rewarded for his work with the financial elite and is currently estimated to have a private fortune of between €11-12 million – making him the country’s second richest politician after former chancellor and SPD politician Gerhard Schröder.
While many Germans believe the CDU and Merz would be better for Germany than the SPD and Olaf Scholz, others point out that the Christian Democrat multi-millionaire, with his private jets and close ties to financial moguls, is a representative of the elite – rather than the German people.
Others argue that while the SPD has mismanaged the country in many ways, the situation was similar under the previous CDU government led by globalist Angela Merkel, that the party is unreliable and that it is highly uncertain whether there will be any real positive change of significance this time around.