Wednesday, 10 July 2024

Germany s debt crisis results in a shrinking defense budget due to inflation and should be reality check to a warmongering WEF elite in Berlin

Russia, now the world s fourth largest economy according to the World Bank data, can look with grim satisfaction at Germany s shrinking defense budget, eaten away by inflation caused by interest and debt and a broad economic and industrial collapse.

The fact the toothless German lion only has enough ammo for only about two days of war won t stop its WEF government from beating the war drums against Russia.

https://www.n-tv.de/politik/Waffenindustrie-Bei-einem-Angriff-haette-Deutschland-nur-Munition-fuer-ein-bis-zwei-Tage-Krieg-article23637582.html

Germany s troops and equipment are anything but war ready and flexible after decades of underfunding, corruption and incompetent leadership.

https://www.dw.com/en/german-government-wants-war-ready-troops/a-68748226 

Why does this matter?

Germany used to be not just Europe s premier industrial power but also its military power.

Its decline in both spheres leaves Germany and Europe looking more and more like a banana republic.

From media

BERLIN, July 8 (Reuters) - German Defence Minister Boris Pistorius said on Monday his ministry had received "significantly less" in 2025 budget funding

https://www.reuters.com/business/aerospace-defense/german-defence-budget-2025-falls-signicantly-short-request-minister-says-2024-07-08/


But Pistorius failed to secure the €58bn (£49bn) in annual funding he requested. The €53bn he secured does not keep pace with inflation.

https://www.telegraph.co.uk/business/2024/07/10/germany-braced-europe-next-debt-crunch/

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