The German government decided to destroy its economy by putting sanctions on their top energy supplier and supporting a war against them. Now that their economy is ruined, they are issuing record amounts of debt to give handouts to the people and organizations their policies destroyed.
Germany’s federal government plans to issue a record volume of debt next year to help fund generous aid for households and companies hit by the energy crisis https://t.co/yB7yQ2JD1R
— Bloomberg (@business) December 14, 2022
The entire continent of Europe is plunging into a horrible depression as a result of this foolishness. The sane thing for these people to do would be to end the Ukraine war and reconcile with Russia. They are not doing that and they are forcing the Russians into a position where they will be making the decision for them. It’s not like this effort is sustainable. NATO is running out of weapons.
It’s only going to get worse from here because there is no sign that any of these people are planning on reversing course.