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General Discussion >> Thinking Globally >> German recession punishment for war in Ukraine
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Message started by Laugh till you cry on Oct 1st, 2024 at 1:45pm

Title: German recession punishment for war in Ukraine
Post by Laugh till you cry on Oct 1st, 2024 at 1:45pm
Germany contracts a disease from the Ukraine war. When Germany gets sick the EU follows;

Germany and the US sycophants are paying the price for engaging in destruction instead of peace and construction.

Germany is losing the Ukraine war. The Ukrainian refugees in Germany and the EU will never leave. THey have never had such a good life.

Germany is also punishing itself for blindly following the US provocations against China.


Chat GPT:


Quote:
Yes, Germany is currently experiencing a recession in 2024. The economy has been contracting for several months, with the International Monetary Fund predicting a 0.3% shrinkage for the year. Factors contributing to this include high energy prices driven by the war in Ukraine, structural issues like a skilled labor shortage, and challenges in key sectors such as automotive and construction. Additionally, interest rate hikes have made borrowing more expensive, which has further dampened economic activity.

Germany's slowdown is causing concerns across Europe since it is the largest economy in the eurozone, and its struggles could negatively impact the entire region​(Marketplace)​(POLITICO)​(DW).

Title: Re: German recession punishment for war in Ukraine
Post by Bobby. on Oct 1st, 2024 at 1:55pm

I knew a Ukrainian over 15 years ago.

They hated living in Ukraine -
even though it was full of natural resources and had the best soil in Europe called Chernozem -
which is 2 meters thick -
which covered nearly the whole huge country - the largest country in Europe -
they could have fed all of Europe and Africa - it's so large -
nearly everyone was as a poor as a church mouse.
Only corruption could have caused that.

They were glad to be living in Australia.

Title: Re: German recession punishment for war in Ukraine
Post by Bobby. on Oct 1st, 2024 at 1:59pm
https://www.trtworld.com/magazine/what-s-so-special-about-ukraine-s-black-soil-56186

The country of 40 million is the world's largest exporter of sunflower oil and a major supplier of corn, barley and rye, among other grains. It consistently ranks as one of the largest grain exporters.

What’s special about Ukraine is that it produces more than it needs to meet domestic demand, leaving a surplus of goods that can be sold on the international market.

In fact, in 2019, Ukraine overtook Russia to become the largest grain exporter when it shipped close to 50 million tons to other countries.

At the heart of Ukraine’s agriculture is its highly fertile soil. Nearly a quarter of the world's most fertile soil, known as Chernozem, is located in Ukraine.

Chernozem is black soil rich in organic matter called ‘humus,’ which is made up of decomposed plants. More than 65 percent of arable land in Ukraine is composed of Chernozem deposits, making it ideal for farming.

Ukraine's surface area under cultivation is vast — so vast, that, at 32 million hectares, it's larger than Italy.



Title: Re: German recession punishment for war in Ukraine
Post by Bobby. on Oct 1st, 2024 at 2:04pm
Talking of Germany -

Hitler was after the rich farm land of Ukraine.
He said -
why should sub humans - untermenschen - have such wonderful farmland -
it would make great living space for Germany - lebensraum.









Title: Re: German recession punishment for war in Ukraine
Post by Grappler Truth Teller Feller on Oct 1st, 2024 at 2:11pm

Bobby. wrote on Oct 1st, 2024 at 1:55pm:
I knew a Ukrainian over 15 years ago.

They hated living in Ukraine -
even though it was full of natural resources and had the best soil in Europe called Chernozem -
which is 2 meters thick -
which covered nearly the whole huge country - the largest country in Europe -
they could have fed all of Europe and Africa - it's so large -
nearly everyone was as a poor as a church mouse.
Only corruption could have caused that.

They were glad to be living in Australia.



Yes - they left in droves.  Can't blame them.

Title: Re: German recession punishment for war in Ukraine
Post by Laugh till you cry on Oct 1st, 2024 at 2:48pm
Germany is declining in economic strength principally because it is following US compulsion to confront Russia and China.

It has lost low-cost energy from Russia in favor of high-cost LNG from the USA.

It is suffering from a loss of exports due to its compliance with US demands to confront Chinese manufacturing dominance.

Chat Gpt:


Quote:
Yes, Germany's trade surplus has been declining in recent years. In 2022, it shrank to its lowest level in two decades, falling by more than half compared to 2021. This decline is largely due to higher energy prices, exacerbated by the war in Ukraine, and increasing import costs, particularly from China. Although Germany remains a key exporter, its trade balance has faced significant pressure from global supply chain disruptions and economic challenges​(DW).

Title: Re: German recession punishment for war in Ukraine
Post by lee on Oct 1st, 2024 at 3:09pm

Laugh till you cry wrote on Oct 1st, 2024 at 2:48pm:
Germany is declining in economic strength principally because it is following US compulsion to confront Russia and China.



So nothing to do with the GREEN dream. Electricity prices skyrocketing, Manufacturing Companies moving offshore (to China), lost jobs. ;)

Title: Re: German recession punishment for war in Ukraine
Post by aquascoot on Oct 1st, 2024 at 3:12pm
yep

the rediculous green alliance in germany closed all the nuclear plants and is now burning brown coal (the most polluting fossil fuel ) to try to keep their economy alive

energy security IS economic security

meanwhile OZ sends coal to china and india to make them rich and builds rediculous snowy mountain schemes and billion dollar batteries that can power a city for 3 minutes  ;D ;D ;D ;D

Title: Re: German recession punishment for war in Ukraine
Post by tallowood on Oct 1st, 2024 at 3:47pm
Many German manufacturing businesses are moving to US, where energy is less expensive, to make America Great Again.
Good for US.

Title: Re: German recession punishment for war in Ukraine
Post by tallowood on Oct 1st, 2024 at 3:54pm

aquascoot wrote on Oct 1st, 2024 at 3:12pm:
yep

the rediculous green alliance in germany closed all the nuclear plants and is now burning brown coal (the most polluting fossil fuel ) to try to keep their economy alive

energy security IS economic security

meanwhile OZ sends coal to china and india to make them rich and builds rediculous snowy mountain schemes and billion dollar batteries that can power a city for 3 minutes  ;D ;D ;D ;D


The rediculous green alliance in Germany and other EU countries are controlled by Soros foundation who wants destruction of national states for the sake of globalization.

Title: Re: German recession punishment for war in Ukraine
Post by Laugh till you cry on Oct 1st, 2024 at 8:05pm

tallowood wrote on Oct 1st, 2024 at 3:47pm:
Many German manufacturing businesses are moving to US, where energy is less expensive, to make America Great Again.
Good for US.


If the Germans believed the USA was a better place for manufacturing stuff they would already have been there.

The problem will be cultural alignment.

Germany has a higher intensity of manufacturing than the US does which means suppliers and associated industries. All such support may not be available in the USA apart from car manufacture which the Germans are already doing in the USA.

The US is the cause of high energy prices in the EU because of Russia sanctions and the banning of Russian energy.

It is not conceivable that there would be a mass exit of manufacturers from Germany.

Title: Re: German recession punishment for war in Ukraine
Post by goosecat on Oct 1st, 2024 at 9:47pm
"German companies flock to US with record pledges of capital investment "


     "      Europe’s largest economy has been especially badly hit by the loss of cheap Russian gas, which for decades allowed it to remain a centre of heavy industry and manufacturing.

A study last year found that nearly a third of German industrial companies were planning to boost production abroad rather than at home — a figure that had doubled from the previous year.
"


     "BASF, the world’s biggest chemical group.., is also expanding its US operations.

Michael Heinz, BASF’s chief executive in North America, told the FT the market size, prospects for growth over the next decade and government incentive programmes made it a “very attractive market”.


The company plans to invest €3.7bn between 2023 and 2027 in North America, which includes major expansions of petrochemical plants in Geismar, Louisiana, and in Cincinnati, Ohio.

BASF is a key example for investors and politicians concerned about creeping deindustrialisation in Germany, having announced a “permanent” downsizing of its headquarters in Ludwigshafen, with thousands of job cuts and plant closures following the surge in European energy prices when Russia invaded Ukraine.



https://www.ft.com/content/bca7837a-6ac4-4ed1-ab73-18fbdfa5f1da

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