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10 Apr 2024

Another Casualty of the Ukraine Proxy War: the German Economy

By Harley Schlanger
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Harley Schlanger Update

Auto companies and other manufacturing firms are leaving Germany, due to the effects of sanctions, high energy costs, the anti-growth Green ``transition", etc.  The one area where investment is increasing is defense spending, to make Germany "war ready", to "defend" Europe from the imminent invasion they claim is coming from Russia.  Underlying their wrong-headed economic thinking is the failure to understand that government credit is a necessary function of an economy, as designed by Alexander Hamilton to build the U.S. at its founding, and by Lyndon LaRouche, in the projects he advanced for global economic development.  For more on this, watch today's webcast dialogue with Helga Zepp-LaRouche, at schiller institute.com at 11 AM EDT.  Send your questions and comments to: questions@schillerinstitute, org

Link to register for SI online conference on LaRouche's Oasis Plan:

https://schillerinstitute.nationbuilder.com/oasis_conference_20240413

German Economy Continues to Fail

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