Showing posts with label Cyrus Janssen. Show all posts
Showing posts with label Cyrus Janssen. Show all posts

Wednesday, May 8, 2024

How the US Destroyed the German Economy | Cyrus Janssen

"To be an enemy of the US is dangerous, but to be a friend is fatal." This famous quote from Henry Kissinger is now unfolding in real time: Germany, Europe's largest economy and its industrial powerhouse, is now collapsing. Last year, Germany posted the worst performance among all major global economies, with its economy being the only one to actually shrink by 0.3%. Just last month, Germany's economic minister, Robert Habeck, stated that the German economy is performing "dramatically badly." Yet, the Western media has concealed the true cause.
 
» NATO's purpose is: Keep the Russians out, the Americans in, and the Germans down. «
Lord Hastings Lionel Ismay, NATO's first Secretary General, 1952.
 » Fuck the European Union! «
Victoria Nuland, US Assistant Secretary of State for European and Eurasian Affairs, 2014
 
Even worse, this bleak situation shows no signs of improving. There were high hopes that 2024 would turn things around and be a comeback year for Germany. Until recently, the German government projected a growth rate of 1.3%. However, shockingly, they have now been forced to slash this forecast to a mere 0.2%. The scariest part is that most economists and business leaders agree: this isn't just a temporary recession, but a deeper structural problem with the German economic model. If you think this is an exaggeration, consider that, by now, an astonishing two in three German companies have left Germany or at least partially relocated abroad, with most citing sky-high energy prices, inflation, over-regulation, and endless political debates as their reasons for leaving. What or who is causing this catastrophic collapse of Germany's long-standing economic and industrial prowess?
 
   » Halting Russian supplies can well create a systemic crisis that would be devastating
for the German economy and, indirectly, for the entire European Union. «
 
Germany has been played by the United States and continues to score own goals in tackling this economic crisis. The country's dire situation is caused by three main factors: first, the sky-high energy prices; second, reduced exports to Russia and China; and third, increased military expenditure.
 
   » China called the Nord Stream pipeline blast an act of international terrorism,
and an act of war against Germany and Russia. «

[...] As much as the US is to blame here, astonishingly, almost all of Germany's political elite, mainstream media, and general population have eagerly obeyed America's wishes to demonize and decouple from Russia and China. This is absolutely bizarre and frankly foolish, as numerous experts and German business leaders have repeatedly warned that decoupling would destroy the German economy. The sad truth is that much of Germany's political and media establishment has a long history of blindly accepting US-formed policy narratives at face value—even when they themselves are the ones getting harmed. The best recent example of this is the bombing of the Nord Stream pipeline, whose sole purpose was to transport natural gas from Russia to Germany and the rest of Western Europe.
 
 » Germany's establishment has been one of the biggest cheerleaders for severing its energy ties with Russia.
You seriously can't make this stuff up. «
Cyrus Janssen - March 12, 2024.

[...] After the Russian invasion of Ukraine in February 2022, Germany and the EU introduced sanctions against Russia, while Russia responded by sharply decreasing its delivery of natural gas to Europe. This caused Germany's energy prices to skyrocket and severely damaged its economy. Before the invasion, Germany imported a staggering 55% of its gas from Russia, and it was precisely this cheap Russian gas that enabled Germany to become an economic and industrial powerhouse. Of course, sanctioning your main energy supplier was never the smartest choice to begin with. The fallout cannot be understated: in the same year the war started, the market price for natural gas increased more than tenfold.

 Biden vows US will "bring an end " to Nord Stream 2 pipeline if Russia invades Ukraine, 
and German vassal chancellor Scholz simply agrees - February 7, 2022.
 
But it's not just ordinary Germans who have suffered. An astonishing 70% of Germany's mechanical engineering, industrial goods, and automotive sectors have relocated abroad, making it clear why Germany's economic and industrial power has collapsed so rapidly. The US role in Germany's energy crisis is much larger than merely taking advantage of the Germans. Not only did the US openly wish to eliminate Germany's energy relationship with Russia, but it also shares significant blame for causing the war in Ukraine, which led to Germany's crisis in the first place. However, once again, Germany shares the blame: the country's establishment is in virtual lockstep with the United States and has been one of the biggest cheerleaders for severing its energy ties with Russia. You seriously can't make this stuff up.
 

 » Ukraine's victory: whatever it takes, as long as it takes. «
German vassal chancellor Scholz - May 7, 2024.

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