GLOBAL DEFENSE's video: The War in Ukraine has ended The Economic Miracle Of Germany German economic collapse

The War in Ukraine has ended the Economic Miracle Of Germany! German economic collapse In just 200 days as chancellor Olaf Scholz has broken what his predecessors Gerhard Schroeder and Angela Merkel had been building for thirty years. The German economy has collapsed like a card tower. Terrifying statistics on the reduction of the GDP, industrial production, a drop in real incomes and a raging inflation will be released this autumn. The country is falling into a Germany benefited most from the collapse of the Soviet Union. Not only was it able to restore unity the unification of the East and West Germany gave the strongest impetus to the consolidation of Europe and the economic expansion of Germany into Western Europe, as well as into China which was buying a lot of machinery and equipment. With the fall of the Iron Curtain, economic boundaries also collapsed. Germany gained access to the cheap resource base of CMEA countries and the post-Soviet space. German business obtained not only a huge market, but also the opportunity to integrate many countries into its economic project, the euro-zone. Over the past thirty years, something happened that the country could not achieve in the two world wars: the unification of Europe and the capture of the recourse markets and trading areas not by force of arms, but by economy. German cars and equipment have become the symbol of Europe’s economic success. For decades, step by step, day by day, German blue-collar workers forged Berlin’s economic triumph in Eurasia. The foreign economic expansion and growth of the German economy is perfectly reflected in the trade surplus. Since 1991, it has steadily grown and remained positive during the 1998 crisis and in 2008, and even during the COVID times. For thirty years, Germany has been selling more to the outside world every month than it has been taking from it.