GERMANY - According to experts, Germany’s recession is seen as the first falling domino within the EU, given that Germany has long been the flagship and a powerhouse of Europe. Germany entered a technical recession in the first quarter of 2023, according to recent figures from the Federal Statistical Office. What’s behind the new trend and what does the future have in store for the German economy? As per international economic observers, the unfolding economic slowdown has largely been caused by the disruption of Germany’s energy ties to Russia, which exacerbated the already swirling crisis in the country and contributed to gradual de-industrialization.
“Long term, reliable, low cost and abundant energy supplies from Russia have been pivotal to German industrial sector development and strength,” Paolo Raffone, a strategic analyst and director of the CIPI Foundation in Brussels, told Sputnik. “This is particularly true since the mid-seventies. In history, the thalassic powers (transatlantic powers) have always opposed the ‘easy’ energy supplies from Russia to Germany. The scope has been (and still is) to contain the German powerhouse based on the development of its industry.”
“The ‘mysterious’ explosion of the Nord Stream pipelines was highly symbolic (cutting German energy ties with Russia and Eurasia) and it has had tremendous consequences for the German economy. Without the convenient Russian energy supplies, Germany has entered (again) a period of industrial difficulty that impacts the general economy and the life of people,” Raffone continued.
The warning that went out some 60 years ago appears to be still valid!
“So long as present German prosperity continues… the Nazi takeover will not be possible! But — SHOULD ANY SEVERE THREAT TO THAT HARD-WON PROSPERITY COME — the picture will change — and change VIOLENTLY, in Germany! Remember! It was the afterwash of the disastrous stock market crashes of 1924 and 1929 that fanned the flames of violence in Germany to pave the way for Hitler!
HISTORY REPEATS ITSELF, they say. And your Bible predicts a great TRADE WAR between the burgeoning economic power in Europe and the United States. It predicts terrible financial COLLAPSE for this country [USA]!
Make no mistake! Germany, and all Europe, would not escape unscathed in a hot trade war between the Common Market and the United States. Terrible economic disasters would result! And the result from such disasters? A NEW NAZI GERMANY!
You need to be WATCHING — and keeping your eyes on developments in EUROPE — as never before! You, at least, have been WARNED!” (The Plain Truth, December 1963)