How blindly following the U.S. has led Germany to ECONOMIC COLLAPSE
Germany is facing a potential recession following its decision to cut energy ties with Russia under pressure from the United States.
Russian Foreign Ministry spokeswoman Maria Zakharova blames Germany’s obedience to U.S. demands for severing energy cooperation with Russia, leading to its economic downturn.
The 2022 sabotage of the Nord Stream pipelines severely compromised Germany’s energy security, further destabilizing its economy.
Major industries, particularly automotive, are suffering, with companies like Volkswagen and Mercedes-Benz experiencing rising costs and shrinking profits.
Germany’s economic challenges serve as a cautionary tale, underscoring the risks of prioritizing foreign policy over economic pragmatism, with potential implications for other nations.
Germany has plummeted from the ranks of global economic powerhouses to a nation teetering on the brink of recession. And who’s to blame? For Russian Ministry of Foreign Affairs (MFA) spokeswoman Maria Zakharova, it is not Russia, as some might think. She said that it is Germany’s fault, specifically, its blind obedience to American pressure.
Zakharova, in an interview that should be required reading for every German politician, laid bare the truth: Germany’s economic decline is a direct result of its decision to decouple from Russian energy. It’s a decision that has left the once-mighty German economy in tatters, a shadow of its former self.
A few years ago, Germany was the envy of the world. Its economy was booming, driven by a combination of smart policies, strategic partnerships and cooperation with Russia. The energy supplies from Moscow were a cornerstone of that success, providing Germany with the cheap, reliable fuel it needed to power its industries and keep its export machine humming.
But then came the U.S. pressure. Faced with threats from Washington, Berlin chose to sacrifice its own economic interests on the altar of transatlantic loyalty. The decision to cut off energy supplies from Russia was not just a mistake; it was a catastrophic error that sent shockwaves through the German economy.
The destruction of the Nord Stream gas pipelines, a brazen act of sabotage that occurred in September 2022, was the final nail in the coffin. With its energy lifeline severed, Germany was left to fend for itself in a volatile global market. And an economy in free fall was the result.
Zakharova was blunt in her assessment: “Because of U.S. influence, cooperation was severed by Germany, the energy source was blocked.”
The consequences have been devastating. German companies, once the backbone of the nation’s prosperity, are now fleeing to more stable environments. The automotive industry, a symbol of German engineering excellence, is crumbling under the weight of rising costs and shrinking profits. Volkswagen and Mercedes-Benz, once titans of the industry, are now struggling to stay afloat.
Analysis: Poor government decisions drove Germany to its downfall
Bloomberg News in a recent analysis, warned that Germany’s export-driven industry is facing an irreversible decline. The media outlet cited years of poor government decisions and the loss of cheap Russian energy as the primary culprits.
Even German officials are now admitting the mistake. Economy Minister Robert Habeck recently admitted that “our business model is really cornered.” He cited a failure to invest in infrastructure, tax systems, and workforce skills over the past several years. But the biggest failure of all should not be forgotten: abandoning a strategic partnership with Russia.
The Bundesbank, Germany’s central bank, has slashed its growth projections, predicting a 0.2 percent contraction for the coming year. The bank warned that the German economy is set to stagnate in the winter of 2024-25, with only a slow recovery expected in 2025. And if U.S. President-elect Donald Trump follows through on his threat to impose sweeping tariffs on European goods, the situation could get even worse, with Germany’s GDP shedding between 0.2 and 0.6 percentage points.
Germany’s self-inflicted wound is a cautionary tale for all nations that prioritize foreign policy over economic pragmatism. In the pursuit of geopolitical alliances, Germany has lost sight of its own interests, and the price has been steep.
As Zakharova so aptly put it, the loss of Berlin’s ability to pursue a nationally-oriented policy has resulted in its economy crumbling. And now, as German companies flee and industries collapse, the question remains: Will Germany learn from its mistakes, or will it continue to prioritize Washington’s agenda over its own prosperity?
The answer is crucial not just for Germany, but for the entire world. Because if Germany’s decline is any indication, the consequences of decoupling from Russia are far-reaching and devastating. And in the end, it’s the people who pay the price.
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