MSRP $39,480 Ford of Port Richey Savings $7,106 Internet Price $32,374
Posted on 12/03/2024 7:49:09 AM PST by delta7
QUESTION: I want to apologize and thank you. I thought you were just a Trump supporter, but your warning that his tariffs can send the world into a depression demonstrated not just that I was wrong but that you are a genuinely impartial and independent voice in the wilderness. Here in Europe, for the last six months, the newspapers have presented Trump as the devil with no hope whatsoever. Everything you warned here about our economy with climate change and warmongering is correct. The migrant crisis combined with the economy turning down, you warned, would lead to rising civil unrest here as well. With the wave of layoffs in the auto industry, the German economy is in crash mode, as you had forecast.
A friend of mine has followed you since the 1980s. He has been telling me you were the most honest man he ever encountered, and everything you do is to try to steer the world through this chaos into 2032. I can see by your actions that he has been correct. Somehow, we have to get our leaders to listen.
Where do you see Germany headed now on your timeline?
ANSWER: Unfortunately, it has been preordained that we are headed into a recession in some areas and a depression in others, especially in Europe. Trump will be blamed, as Herbert Hoover was, but in both cases, the trends were preordained. Trump, with the bad advice he has been given regarding tariffs, is likely to end up destroying the Republican Party and the implosion we are witnessing in the Democrats.
The core foundation of the entire European economy is Germany, its richest nation. As they used to say about America, if it catches a cold, the rest of the world suffers pneumonia. They say that behind the headlines of “Deutschland,” it has been structured on the automobile, which has also given rise to dubbing it “Autoland.”
German cars have long been regarded as the best in the world. Indeed, Europe’s most prosperous business engine has been relying on automobiles, and the climate change agenda has been like you kill a vampire – driving a stake through the heart.
Volkswagen, Europe’s number one car manufacturer, has threatened thousands of job cuts and potential plant closures in Germany as it confronts unions over inflation. The climate change agenda has had a major impact on lowering demand, and on top of that, they are finding stiff resistance to higher-end electric cars. The current cost-cutting layoffs and proposed German plant closings are sending shockwaves into the global marketplace with worldwide implications. Automakers like Mercedes Benz, BMW, Ford, and other industrial giants are all cutting costs and employees across the country. However, Volkswagen announced layoffs for tens of thousands of workers and is considering unheard-of plant closings. The world’s largest auto parts supplier, Bosch, which is one of Germany’s biggest employers, is also reducing both hours and pay for about 10,000 employees. Even Meyer Werft, the German shipbuilder from the 1800s, also recently needed a US$423 million bailout to avoid bankruptcy.
The economic policies of Brussels have absolutely undermined the entire European economy of the EU. As I have also warned many times, Germany has clung to the old Mercantile economic model, keeping taxes high to prevent inflation and manufacturing products to sell to everyone else to bring home the profits.
The auto industry will account for up to 17% of German exports in 2023. The total amount of jobs this has accounted for exceeds 750,000 people. German manufacturing has been unable to recover fully since COVID-19 2020. To this day, it has, at best, recovered to only 90% of pre-COVID levels.
The RUSSIA, RUSSIA, RUSSIA propaganda of the Neocons has severely impacted Germany with the destruction of Nord Stream. The Government refuses to turn on the second pipeline and instead has forced its economy to suffer at least a 300% increase in energy costs. With cheap Russian gas no longer viable and exports to China declining, the war policies of the EU coupled with the economic crisis created by climate change and the cost of funding unproductive migrants, the prospects for the economy of Europe are pointing toward somewhat hard times into 2026. This will most likely contribute to tensions and pointing fingers at Russia to justify war being pushed by NATO.
In late October, Merceds-Benz reported that group profit dropped over 50% year over year, and Ford announced plans to cut its European workforce by 4,000 as well. Germany has depended more on Moscow and Beijing than all other EU countries. With ministers in Germany calling for Article 5 under NATO for a hybrid attack, they are unquestionably undermining the German economy with all of this geopolitical tension thrust on Europe by the Neocons. NATO is pushing to expand operations to Asia, and this is further undermining the German economy in the long term, transforming China from a viable trading partner into a systemic long-term enemy. No leaders are even interested in peace, and they are just doing as directed by the Neocons and NATO, who have no interest in the economy of the people – only waging war.
This lethal combination means that Germany’s entire economic model is under assault from every direction. Then, the tariffs of Trump’s proposals will be added, which will be the final nail in the coffin of the EU. This hybrid Merchantile Model of Germany no longer works. Germany needs major reforms, and that is not likely with Brussels in charge.
This immediate lethal combination with a very cold winter expected on our model warns that Germany is headed into a serious recession for the next two years. Brussels is too interested in retaining centralized power and control over the EU member states, and it is ignoring the ripple effect of the decline in Germany throughout Europe.
THIS IS WHY THEY WILL TURN TO WAR
There is no question that the German economy is going to go down hard as this lethal combination of climate change and migration moves to give a death blow to the industrial backbone of Europe, and the politicians are too caught up in the narrative to question the rhetoric.
The French head of state met the Finnish president and the Swedish prime minister, and all that came out of it was defense for war. This was an opportunity to carve a new path, but it was dominated by the Neocon speaking points – RUSSIA, RUSSIA, RUSSIA. Macron only pushed the lifelong dream of Charles de Gaul (1890-1970), which was that France should rise to lead all of Europe – the Napoleon dream.……more….
“My only reason to stop here was to see if I could beat you to the thread that mentions Armstrong, hence IBTG? TrollGator”
Thanks for admitting you are trolling me! And for nine years!
Your brain must be mush with me living in it for so long.
You really need to get a life.
NP. I like that you think you can play the victim. That's a nice touch.
/”. My BMW X5 was the most reliable car I ever had with less than a thousand in repairs over ten years”
Before 2003 my wife had a BMW. A maintenance nightmare. Oil pan leak was a major repair. It took a senior tech to replace a broken headlight. Then there was the rubber bushing on the drive shaft that leaves the car immobile when it fails. Nothing documented that it only lasts a few years.
Since 2003: Two Highlanders and a Lexus. Zero spent on maintenance.
Since 2000: Four Mustangs driven very hard. $5.98 for adhesive to reglue inside door fabric on my 2008.
Who is buying these $60,000+ new trucks? The price alone would bankrupt me. Then there’s the insurance on such an expensive vehicle.
Maybe most folks are leasing.
Side story: I was browsing truck ads the other day, and I saw a new Platinum F-150:for sale for “only” $74,000. I don’t think the ad writer knows what the word “only” means.
MSRP $39,480 Ford of Port Richey Savings $7,106 Internet Price $32,374
“NP. I like that you think you can play the victim. That’s a nice touch.”
You post shows your brain has turned to mush!
Zero spent on maintenance. >> Zero spent on repairs,
read this
I have to jump into the Armstrong debate. For a few years I went back and forth between him being the best thing since sliced bread and being a fraud. Then I settled on he’s the best thing since sliced bread. But I started wondering why I thought that so I started taking screen shots of his posts, his “predictions” (yeah, I know he claims he doesn’t make predictions, but that’s what they are), and I would make notes on them, “check this next May” sort of thing. Then I’d check next May. He was almost always wrong. Even I would not have guessed he was wrong as much as he is. His general statements are often okay “ the world is going to hell” sort of thing, but his specifics are wrong. Almost always. And I gave up watching his interviews, he never actually says anything with certainty. Especially coming from someone that likes to say “I predicted that back in 2009”! I’m slow, but I came to a final decision on him. I’ll say he’s “entertaining”.
(Our 2014 Lexus still retains over 50% of the initial value)
Top 5 Cars that Depreciate the Quickest
Luxury sedans make up four of the top five cars that depreciate the fastest. The top car with the fastest deprecation is the BMW 7 Series. This car has an average deprecation of 72.6% over the course of five years, representing an average value reduction of nearly $74,000. The second is the BMW 5 Series, which has a five-year depreciation rate of 70.1%, or over $47,000 in value.
https://www.investopedia.com/financial-edge/1012/cars-that-depreciate-in-value-the-most.aspx
“he never actually says anything with certainty.”
He predicted a 2015 world financial collapse and gold going to $5000,
He predicts a US civil war starting next year ending in 2006 with the break up of thr US into four separate countries.
Ask delta7 for more details.
LOL! You should probably move on. BOLO for Armstrong keywords.
“Then I settled on he’s the best thing since sliced bread.”
Was that before knowing he spent 11 years in prison for securities fraud?
“You confuse me with Mr Armstrong. I merely post his relevant articles.”
Here is your #12 stating you agree with a breakup coming in 2026.
https://freerepublic.com/focus/f-news/4274264/posts?page=12#12
RAM TRUCKS were built here in the USA with CRANKSHAFTS made in Germany.
THOUSANDS OF those engines suffered CRACKED/BROKEN CRANKSHAFTS.
I have been around racing for 65 years & have never heard of a rash of broken crankshafts. Had to be BAD CASTING MATERIAL
Ram trucks were sitting on DEALER lots awaiting new engines for as many as 6 months . Neighbor had the problem.
they could’ve been dropped during shipment... seen it numerous times with cast camshafts and crankshafts...
This guy is a real Un- American a- hole traitor. Screw him.
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