Chinese cars for export - picture: hindustantimes
While headlines in business news now routinely report the rapid decline of Germany's recently word - beating automobile industry, including earlier this month the announcement of planned layoffs for tens of thousands of VW workers, China is increasingly dominating the car market, along with a range of other industries.
This has been possible for two reasons. Mass Immigration and Net Zero.
It would be unfair to single out Germany as an example of European economic decline, the EU is a sinking ship and the same story is repeated across Europe and China has been the main beneficiary. However for years the German economy propped up the EU while most member states are economic basket cases, but overall the European Union is running an unsustainabe one billion Euro per day trade deficit with China, and Europe's credit with the global banks is already maxed out.
Net Zero:
Germany's economy has faced challenges due to its ambitious net-zero policies, including high energy prices and concerns about deindustrialization. Critics argue that the transition has led to increased costs and competition issues, while some economists believe that the industrial output remains relatively high despite these challenges.
Germany's putative transition to becoming a net-zero CO2 emissions economy has led to several economic challenges, primarily due to high energy prices and concerns about deindustrialization.
Foremost among these is High Energy Prices, though this cannot be blamed entirely on Net Zero energy policies because the loss to German industry of cheap energy from imports of Russian natural gas, a result of the EU's support for Zelensky and the corrupt neo - Nazi regime in Ukraine as they profit from war with Russia, has forced Germany to import Liquid Petroleum Gas by sea from the USA at vastly inflated prices. This has made Germany's lifeblood industry's unable to compete in world markets.
This shift towards renewable energy has resulted in increased energy costs for consumers and businesses as nuclear and coal fired power stations were closed down prematurely. Germany's reliance on unreliable expensive energy sources such as wind and solar (free energy from the wind and sun turned out to be a myth,) has made it less competitive compared to other nations.
Mass Immigration:
The other 'woke' policy that has proved disastrous for Germany is a legacy of Hausfru - Volksfuhrer Merkel's 'Open Borders' initiative which, it was claimed by the governing duopoly of CDU and SDP parties, would facilitate the mass immigration of illiterate, uneducated, unskilled people from backward third would nations. As well as being a major factor in rising crime and lawlessness, this influx of economically unproductive people has saddled Germany with unsustainable welfare costs which have also dragged the economy down.
China, on the other hand, has pulled ahead of Germany by investing in its own native population instead of relying on foreign labour. In fact, there are more foreigners in just one German city, Berlin, than there are in all of China, a country of 1.4 billion people.
Many German leftists and even those in the Christian Democrats (CDU) claim the German economy would fall apart without immigrants. However, China and other Asian countries provide a sharp contrast to this ideologically driven, factually unsound narrative.
Instead, these Asian nations, Japan, India, Indonesia, South Korea rejected mass immigration and turned to innovation, automation, and investment in research and development. At the same time, Asian countries are known for their stringent and in-depth education systems designed for the benefit of their own native populations while Germany and other European nations opted for replacing a broad based education wth a form of indoctrination with socialist ideology.
The result is that these Asian nations have now soared ahead of languishing European economies that chose open borders and foreign workforces, which often fueled illusory GDP growth resembling a pyramid scheme based entirely on rising populations rather than true innovation and productivity growth.
FROM THE ARCHIVE:
Has Putin Has Pushed Europe Into Economic Depression, Hyperrinflation and Currency Collapse?
Though it was entirely predictable and indeed had been expected for some time, the news over the weekend that the Nord Stream 1 pipeline which feeds gas from Russia to northern Europe via The Baltic route had been shut down completely by The Kremlin in retaliation for the continued financial and military support given by NATO and EU member states to Ukraine in the conflict with Russia. The European Commission, governing body of the EU, immediately put the community on something close to a war footing, ...
Continue reading >>>
Jingoistic Western Triumphalism Will Not End The War In Ukraine Or Cripple Putin, But It Is Crippling Western Nations
As the war in Ukraine grinds on and Russia steps up its economic war against the west and in particular The European Union, claims made recently by the idiotically 'woke' leaders of Europe's main economic and military powers that the West has a once-in-a–generation chance to severely weaken Russia’s capabilities, both militarily and geopolitically, look increasingly hollow. Putin's critics have cited 'Western unity' as one of the main reasons why Russia will be economically destroyed and politically humiliated when the Ukraine's military finally claim victory.
European Union Is Again Close To A Meltdown As Eurozone Economy Collapses
Once more we return to the political instability and economic fragility of the European Union as the conflict in Ukraine combined with loonytoons Climate Change mitigation policies, the failure of 'sustainables' to meet ever increasing demand for electricity, fod shortages and rampant price inflation put economic and social pressure on governments of member states ...
Debunked: The Great Renewable Green Delusion
The war in Ukraine has not caused the global energy crisis of early 2022 byt merely exacerbated it. Currently the nations currently in conflict with Russia over its incursion into Ukraine are those which are most dependent for their energy needs on Russian oil and gas. And now their loonytoons 'net zero' green energy policies have failed they are biting the hand that feeds them.
Putin, Macron To Hold Urgent Talks To Halt Military Escalation In Ukraine
Even though the leaders of Ukraine itself are talking down the threat of war with Russia over the breakaway region of Donbas, America and Britain are still beating the war drums and demonising Russian leader Vladimir Putin. Russia insists they have no plans to invade Ukraine and one western leader at least, France's Emmanuel Macron, seems to be listening to messages coming out of the East European trouble spot...
British Government Laundered Fake U.S. 'Intelligence' On Ukraine
The British government on Saturday accused Russia of organizing a plot to install a pro-Moscow government in Ukraine, as the Kremlin masses troops near the Ukrainian border. The U.K. Foreign, Commonwealth and Development Office gave relatively little information about the intelligence unveiled Saturday other than to say that the Russian government was considering trying to make a Russia-leaning former member of Ukraine’s parliament, Yevhen Murayev, the country’s new leader. Continue reading >>>
Do We Have A Winter Of Civil Disobedience Ahead?
As many people in Britain slap on the apres sun gloop in the wake of what passes for a heatwave in these cool cloudy climes, our inept politicians caught with their pants down by unusual weather as usual have heard that that winter is coming and are making plans for a coldwave.
We are in the grip of an energy crisis at the height of summer. Last week, it was reported that the UK government is laying down plans for a “reasonable worst-case scenario” including blackouts for industry and even households. And this is as energy prices spiral out of control to new records every day.
Official Advice - Prepare For Blackouts This Winter
The UK
government is putting plans together for days of organised blackouts this winter, in what they call
a "reasonable worst-case scenario" for energy shortages, according to reports in manstream media. Naturally they are blaming this on the embargo on importing gas from Russia but in reality Britain has never imported any more than a small amout of its gas from Russia. The real reason politicians and energy company CEOs are panicking is entirely due to their obession with obtaining all our energy from intermittent sources like wind and sunshine ...
Is Russia Selling Its Oil To The World Through An Obscure Egyptian Port?
As this blog predicted when NATO and EU member states shot themselves in the foot by reacting to Russia's invasion of Ukraine with sanctions that prevented Russia from selling oil, gas and vital raw materials to the countries that needed them most, the NATO and EU member states, the Russians have had no problems finding alternative customers for their gas and oil and no problem getting oil into the world's commodity markets through the back door.
"Our Country Is Facing The Biggest Crisis The Crisis We Ever Had": German Employers' Association Warns Over Russian Gas Cut
With the Nord Stream 1 pipeline closed for maintenance, with the possibility that President Putin will not allow it to reopen at the end of the scheduled 10 days downtime in retaliation for the EU's continued support or Ukraine in their conflict with Russia, Germany is facing an unprecedented crisis that could erase the prosperity Germans have grown accustomed to, warned Rainer Dulger, head of the Confederation of German Employers’ Associations.
Europe's biggest economy would suffer a 6.5pc contraction if Russian energy is suspended, experts warn
Even though the sanctions already imposed on Russia in respondse to the invasion of Ukraine are hitting the nations that imposed then harder that their intended target, the EU is preparing to committ economic suicide in an orgy of virtue signalling ...
We The Good Guys Versus They The Bad Guys Reporting Does Not Make Sense For The Ukraine Crisis
Mainstream media reporting of the conflict in Ukraine has disappointed. Perhaps I was naive to suppose that lessons might have been learned from the hits their print sales and online traffic rates took as a result of their handling the COVID pandemic But instead of focusing on the most obviously newsworthy aspect of the build up to and escalation of the war, Russia’s view of NATO expansion into Ukraine and even further to Georgia and Kazakhstan, news reports have simply demonised Russia and portrayed Ukraine as the good guys.
Boris and Biden Can't Blame Ukraine War For Energy Crisis
With typical arrogance and condescension towards the people who elected them Boris Johnson, Joe Biden and their respectiive presstitutes are trying to spin the energy crisis Europe and North America are currently facing as somehow being linked to the conflict in Ukraine and therfore blame is being attactched to Russia and Vladimir Putin. Do they really think we are stupid enough to believe such unmitigated bollocks? ...
Even If The War In Ukraine Ends, Sanctions Will Stay - So How Bad Will The Food Crisis Get?
Western leaders, desperate to show their own countries they were taking a firm stance on Russia's invasion of Ukraine, were quick to impose economic sanctions ... so quick in fact that they acted before they had though things through. While freezing Russia out of the global finance system they have exacerbated the wests energy crisis, while Russia's retaliatory ban on raw materials (fertiliser) exports will create extra problems on top of those we already had ...
Europe's Depleted Gas Storage Might Not Get Refilled Ahead Of Next Winter
While mainstream news reporting of the conflict in Ukraine continues to pump out a torrent of anti - Russia, pro - war propaganda the catastropic effects of this war that could so easily have been avoided are not mentioned. Well why would warmongering governments admit they have inflicted an energy crisis, food shortages and soaring living costs on their people for no good reason ...
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