by Chris Black
Germany is the strongest economy in the EU.
If Germany is running out of money…
I told you a long time ago that Germoney was going to be “deindustrialized” by the American war on Russia.
You can’t just shut down an industrial economy’s entire energy industry – even outside of the total slowdown of exports due to the US forming an Iron Curtain.
Also outside of the insane plan of the US fed to print massive amounts of money to pass out to blacks, immigrants, and poor people – and then just literally pay everyone not to work – because of a fake virus, and then act surprised by inflation, then declare inflation a crisis.
This is all retarded.
Germany’s economy continues its downward spiral as bankruptcies soar in 2023, according to a report from credit agency Creditreform.
The data shows that there were 18,100 bankruptcy cases, representing a 23.5 percent increase over last year.
“More and more companies are collapsing under the constant burden of high energy prices and the interest rate turnaround,” said Patrik-Ludwig Hantzsch, head of economic research at Creditreform.