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Germany is descending into chaos – and it will take the rest of the eurozone down with it
MSN ^
| 15 June 2024
| Matthew Lynn
Posted on 06/15/2024 12:03:26 PM PDT by Rummyfan
It is now little more than a “developing country”. Its stock market is a “junk shop” selling old tat. And its reputation as a place to do business has “never been so bad’. In the middle of the UK’s dismal election campaign, it would be easy to imagine that Britain was the country under discussion.
But Theodor Weimer, the head of the once mighty Deutsche Börse, was describing his native Germany. And he was absolutely right. After a series of catastrophic policy mistakes by centrist leaders, there is no way back for Germany – and its decline is only going to accelerate from here.
In a speech to Bavarian business leaders delivered back in April, but only made public when it was posted on YouTube this week, Weimer certainly didn’t mince his words. A country that prided itself on its efficiency, that saw itself as the engine of Europe and boasted of its formidable export machine was, as he put it, slipping to third world status.
The coalition government led by Chancellor Olaf Scholz was, he argued, a “catastrophe”, Germany was “economically on the way to becoming a developing country” and “one thing is clear: our reputation in the world has never been so bad“.
(Excerpt) Read more at msn.com ...
TOPICS: Business/Economy; Front Page News; Germany; Government; News/Current Events; Politics/Elections
KEYWORDS: asylum; catastrophe; commerce; eu; europe; germany; illegals; immigration; migration; policy; refugees; wishfulthinking
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1
posted on
06/15/2024 12:03:26 PM PDT
by
Rummyfan
To: Rummyfan; alexander_busek; Berlin_Freeper
Care to fact-check this article?
2
posted on
06/15/2024 12:07:08 PM PDT
by
DoodleBob
(Gravity's waiting period is about 9.8 m/s² )
To: Rummyfan
The result? When Vlaidimir Putin invaded Ukraine and the gas was turned off, German industry was left with some of the highest energy costs in the world, And we turned it off for them. Suck it, Fritz!
MSM seems to be attempting some narrative-control....
3
posted on
06/15/2024 12:08:28 PM PDT
by
PGR88
To: Rummyfan
Import the Third World, become the Third World.
4
posted on
06/15/2024 12:09:15 PM PDT
by
Uncle Miltie
(Israel, in order: https://freerepublic.com/tag/unclemiltieadventure/index)
To: Rummyfan
I thought they were talking about our country.
5
posted on
06/15/2024 12:11:08 PM PDT
by
Hattie
To: Uncle Miltie
Germany has imported the TURD WORLD which hates white people, Christians and Jews. What could go wrong?
6
posted on
06/15/2024 12:12:16 PM PDT
by
MtnClimber
(For photos of scenery and wildlife, click on my screen name for my FR home page. More photos added.)
To: Rummyfan
Good.
Best rebuild is accomplished after complete meltdown.
7
posted on
06/15/2024 12:13:43 PM PDT
by
griffin
(When you have to shoot, SHOOT; don't talk. -Tuco)
To: Rummyfan
It could be any Western country in the former “Free World”.
8
posted on
06/15/2024 12:19:55 PM PDT
by
Salman
(It's not a slippery slope if it was part of the program all along. )
To: Rummyfan
Just toss the climate-change crisis in the garbage where it belongs and Germany can come back.
9
posted on
06/15/2024 12:23:18 PM PDT
by
devere
To: Rummyfan
"one thing is clear: our reputation in the world has never been so bad“. ... so in 1933-1945, Germany had a good reputation?
10
posted on
06/15/2024 12:24:16 PM PDT
by
PghBaldy
(12/14/12 - 930am -rampage begins... 12/15/12 - 1030am - Obama team scouts photo-op locations.)
To: PGR88
When Vlaidimir Putin invaded Ukraine and the gas was turned off LOL! There's a load. America blew up the pipeline - an act of war against Germany - no different than sinking a ship full of grain that the krauts were importing.
11
posted on
06/15/2024 12:28:55 PM PDT
by
Sirius Lee
(They intend to kill us. Plan to avoid this.)
To: Hattie
I thought they were talking about our country.You and me both. We're worse off than Germany, people don't realize it yet.
12
posted on
06/15/2024 12:31:46 PM PDT
by
MeneMeneTekelUpharsin
(Freedom is the freedom to discipline yourself so others don't have to do it for you.)
To: devere
Just so. Cut off the self-installed green shackles. Slam the brakes in immigration and they recover well
13
posted on
06/15/2024 12:32:04 PM PDT
by
j.havenfarm
(23 years on Free Republic, 12/10/23! More than 8,000 replies and still not shutting up!)
To: Rummyfan
You listed MSN as the source for this article, are they?
14
posted on
06/15/2024 12:34:27 PM PDT
by
ansel12
((NATO warrior under Reagan, and RA under Nixon, bemoaning the pro-Russians from Vietnam to Ukraine.))
To: MtnClimber
Import the Turd World, become the Turd World. Or is that Scheisse Welt?
15
posted on
06/15/2024 12:35:30 PM PDT
by
Noumenon
(You're not voting your way out of this. KTF)
16
posted on
06/15/2024 12:37:37 PM PDT
by
Who is John Galt?
("...mit Pulver und Blei, Die Gedanken sind frei!")
To: Rummyfan
To: Sirius Lee
The blown gas lines are what were supplying Germany with gas?
18
posted on
06/15/2024 12:38:20 PM PDT
by
ansel12
((NATO warrior under Reagan, and RA under Nixon, bemoaning the pro-Russians from Vietnam to Ukraine.))
To: Hattie
Yeah! What the heck? I thought we were less respected. I know joementia is working on it. Well, when he’s not having his dogs attack the secret service folks.
19
posted on
06/15/2024 12:38:28 PM PDT
by
rktman
(Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this💩? 🚫💉! 🇮🇱👍!)
To: Rummyfan
>>But Theodor Weimer, the head of the once mighty Deutsche Börse, was describing his native Germany.<<
Kind of ironic their mention of Theodore Weimer in an article about Germany’s demise. It harkens back to the Weimar Republic economic dungheap.
20
posted on
06/15/2024 12:39:06 PM PDT
by
Don@VB
(THE NEW GREEN DEAL IS JUST THE OLD RED DEAL)
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