The German economy has experienced contraction (shrinking) in recent quarters, which is alarming given that it is nearly 25% of the entire EU GDP. Between the COVID lockdowns, then the Climate Change and NET ZERO regulations, on top of that, the Russian sanctions to cut off energy purchases, the most crucial economy within Europe has been sabotaged by the politicians who are mindless and lack any understanding of how the world economy functions, not to mention their own. The sanctions on Russia have not led to the collapse of Russia or the desired regime change to punish the Russian people and force them to rise and overthrow their government. That theory of the Neocons has NEVER worked even once.
Then add the migrant crisis. German Chancellor Merkel opened the floodgates to save her reputation for refusing to help Greece during their 2010 default crisis. Now, with the Middle East on the brink of war and the global economic recession exacerbating religious tensions, the future does not look so bright and prosperous. The Germans have adopted a war posture and are pushing to increase military spending while abandoning their austerity policy. The German economy is no longer the conservative safe haven of the past. Germany is in trouble, as the combination of these policies has resulted in rising civil unrest, the rise of the AfD, and declining economic growth—a recipe for disaster.
This is an important report on the future of Europe
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Author: Martin Armstrong
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