The German government is literally killing its own economy with the sanctions they put on Russia. Without Russian gas, their industries can’t operate. People inside of these industries are ringing the alarm bells.
After the US killed the Nordstream 2 pipeline & forced Europe to take less Russian gas, Germany's top union official warns that "entire industries are in danger of permanently collapsing: aluminum, glass, the chemical industry." https://t.co/nxXWVWcCHk pic.twitter.com/bGMeXjSXF1
— Aaron Maté (@aaronjmate) July 3, 2022
There are opinion pieces being published about how China is wiping out German industry.
This was our most read opinion piece for the week.https://t.co/Eg53kaIxAp
— Nikkei Asia (@NikkeiAsia) July 3, 2022
Germany also has a trade deficit for the first time since the early 1990s.
JUST IN: Germany reports its first monthly trade deficit in three decades after exports unexpectedly fell in May https://t.co/QipdYqdwmV
— Bloomberg (@business) July 4, 2022
Germany records first monthly trade deficit since 1991 as import costs soar https://t.co/tMZRoa3G9C
— Financial Times (@FT) July 4, 2022
Yet despite all this news, the German government thinks they can help raise a war machine to challenge Russia. It’s utterly insane. They are committing suicide with these sanctions.
