Tuesday, November 18, 2025

 a clear example of why, as kissenger said, its fatal to be a friend of the empire;


On November 12th, the Financial Times headlined “Can anything halt the decline of German industry?”, and hid the answer, by hiding what had caused the decline. They also quoted economists (the category of ‘experts’ who had failed to predict the 2008 financial crash) as saying that this decline will stop and will soon reverse:

Most economists believe this debt-financed investment push will swing the country back to growth in 2026 after long years of stagnation.

“At the moment, the headwinds from trade are there before the tailwinds from fiscal policy really kick in,” says BNP Paribas economist Paul Hollingsworth. He is confident that the drag from the trade war has already peaked this year and predicts 1.4 per cent of growth in 2026, after a measly 0.3 per cent in 2025.

Notice that attributing the economic decline to Trump’s “trade war” would place the cause of the decline to have occurred in 2025 — a ludicrous falsehood. However, the article also made passing note of the following crucial fact, which should instead have been the article’s focus: “The number of [Germany’s] unemployed has risen in 37 of 44 months since February 2022 to just under 3mn, the highest level in 14 years.”

Why has Germany’s employment cratered since February 2022? What happened at that time? The Biden-imposed U.S. sanctions against Russia, and U.S. secondary sanctions against countries — such as Germany — that had been importing a lot from Russia (especially fuels), kicked in. The devious U.S. Government, and its deceptive news-media throughout the U.S. empire (such as in Germany), didn’t report that these secondary sanctions would not only hurt Russia (which hurt turned out to have been only little) but also (and much more severely) hurt the countries — especially in Europe — that were importing (especially fuels) from Russia. It hurt those importing countries because fuels are a crucial expense not only to consumers, but especially to manufacturers (that’s to say industries), who need LOTS of cheap energy in order to be able to be competitive in international export markets........more.......

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