Germany’s industrial leaders—increasingly under pressure by the political elite’s maladministration—are, yet again, sounding the alarm as the country enters what many now call its worst economic crisis since the founding of the Federal Republic.
Industry representatives, according to a report by the German newspaper Die Welt, warn that the damage is not just temporary but structural—and largely self-inflicted.
Peter Leibinger, head of the Federation of German Industries, says Germany’s industrial engine is in “free fall.” He argues that the ruling globalists in Berlin still—despite repeated and continual warning sigals—refuse to acknowledge how badly its own policies have undermined the economy.
Production is set to contract for a fourth consecutive year, marking a collapse unprecedented in modern German history. Economists warn that the country is losing its industrial core, not experiencing a normal downturn.
Much of the blame, critics say, lies with the out-of-touch, head-in-the-clouds political class that cut the country off from cheap Russian energy without securing viable alternatives.
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