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 ...
Ausländer raus
“Import the Third World, become the Third World.”
Good slogan!
The whole world has turned into one big dumpster fire. Plan accordingly for you and yours. :(
I expect ethnic cleansing to come along pretty soon.
And, although at one time I did expect Germans to rise up and rid themselves of the Muslims, I now think that moment has passed. When ethnic cleansing comes, it will be Germans who are depopulated.
As the wall was coming down, I was in a discussion with GM’s outside counsel and the VP of the world bank. I asked the world bank guy to assess the impact that the inclusion of absorbing a socialist work force would have on the w German economy. His answer astonished me: “Ido t think anyone has figured that out!”
FWIW, at that time I was being sought by GMs counsel as someone familiar with GATT with contacts in procurement. I declined
They were the primary supply line. Note that they were shut down at the time "for scheduled maintenance". Apparently, the Russians were pressuring the Germans for some major concessions before they would turn them back on.
How remarkable that somebody blew them up in four different places.
Sweden sent dive teams to all four sites, and their investigation concluded that they were all subjected to demolition charges. They even found dive gear discarded near one of the sites.
Their silence about who planted the charges speaks quite loudly.
Germany will not recover from this forced de-industrialization. Somebody wants things that way.
Mistakes by centrist leaders?
You mean far left totalitarian scum like Merkel?
Soon, my dear, soon.
“...there is no way back for Germany – and its decline is only going to accelerate from here.”
I don’t think their present state compares with their state at the end of WWII, when the entire country was demolished by bombing and all their factories were carted off to Russia, along with anything else on wheels.
Why would Biden and the cabal do this to Germany?
What percentage of German gas was arriving from Russia in Nordstream when it was blown?
They’re following our lead.
Too busy posting to himself on his one sole poster bicycle thread?
AAND CLOSE THE BORDERS TO TURD WORLD FREE LOADERS.
The Telegraph
I'm pretty sure the decision to shut down all their nuclear power plants had something to do with it as well.
The coalition government led by Chancellor Olaf Scholz was, he argued, a “catastrophe”
Corrected version:
The government led by former East German Angela Merkel was a "catastrophe"
They did it because Germany was still doing business for gas from Russia even after the sanctions.
This was to make sure they didn’t.
I believe that the reply from "dforest" is a correct assessment.
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